{ "ticker": { "uuid": "2ba1629c-8723-4480-a8a1-6a83d20f15c1", "symbol": "TEG", "name": "TAG Immobilien AG", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 56.704, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.182, "architecture_energy": 45.965, "architecture_maturity": 5.988, "architecture_confidence": 95.205, "architecture_tenure": "New", "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": 36.65, "rotation_up": 16.07, "upward_expansion": 11.3, "deceleration": 37.91, "rotation_down": 55.83, "downward_expansion": 79.97 }, "activity_lines": [ 13.51, 13.607091, 13.76732, 13.877227 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 13.69, "trend_reference": 14.038796, "distance_from_trend": -0.024845, "trend_direction": "Improving", "fair_value": 13.162207, "distance_from_fair_value": 0.040099, "fair_value_direction": "Weakening", "relative_strength": -20.737672, "relative_strength_direction": "Weakening", "price_momentum": -0.032677, "excess_performance": -0.206924, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.024845, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.005658, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.040099, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.072488, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.207377, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.051871, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.032677, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.635535, "read": "Supply-led" } ], "volume": { "latest": 250, "relative_activity": 2.321263, "balance": 0.635535, "dry_up": 2.785515, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.04559, "annualized_volatility": 0.365806, "from_high_reference": -0.158724, "from_low_reference": 0.158399 }, "levels": { "trend_reference": 14.038796, "fair_value_reference": 13.162207, "structural_low": 11.818032, "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": 22, "median_return": -0.063085, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.075014, "regime_survival": 0.863636, "best_return": 0.266473, "worst_return": -0.288902, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.087469, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.061296, "regime_survival": 0.571429, "best_return": 0.132155, "worst_return": -0.353023, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.037174, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.228739, "regime_survival": 0.4, "best_return": 0.441078, "worst_return": -0.564774, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.022301, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.428099, "regime_survival": 0.666667, "best_return": 1.065657, "worst_return": -0.73368, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-04-25", "tenure": "Established", "return": -0.018763, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.016598, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.092672, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": -0.0301, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.090654, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.069632, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-14", "tenure": "Developing", "return": -0.017482, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.040283, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-01-30", "tenure": "Developing", "return": 0.019971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.079038, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.163479, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.155105, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-07-24", "tenure": "Established", "return": -0.14664, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.004364, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.033381, "volume": 3427, "typical_volume": 280.75, "trend": 7.673962, "fair_value": 15.602047, "relative_strength": 24.681653, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.933771, "energy": 65.53601, "activity_lines": [ 9.415871, 9.14478, 8.536972, 8.083921 ] }, { "date": "2023-08-25", "close": 9.371874, "volume": 0, "typical_volume": 280.75, "trend": 7.730125, "fair_value": 15.529701, "relative_strength": 29.967106, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.622501, "energy": 58.038177, "activity_lines": [ 9.390279, 9.243697, 8.664337, 8.193464 ] }, { "date": "2023-09-01", "close": 9.87583, "volume": 0, "typical_volume": 280.75, "trend": 7.783704, "fair_value": 15.460267, "relative_strength": 33.718471, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.961703, "energy": 61.988434, "activity_lines": [ 9.535951, 9.410554, 8.825181, 8.331896 ] }, { "date": "2023-09-08", "close": 10.372222, "volume": 0, "typical_volume": 280.75, "trend": 7.873527, "fair_value": 15.389669, "relative_strength": 41.092207, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.18784, "energy": 66.218188, "activity_lines": [ 9.825655, 9.626284, 9.020627, 8.498898 ] }, { "date": "2023-09-15", "close": 10.618052, "volume": 0, "typical_volume": 280.75, "trend": 7.977218, "fair_value": 15.32054, "relative_strength": 42.087397, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.597345, "energy": 69.959514, "activity_lines": [ 10.132251, 9.846794, 9.224266, 8.675964 ] }, { "date": "2023-09-22", "close": 10.277671, "volume": 0, "typical_volume": 280.75, "trend": 8.078545, "fair_value": 15.251986, "relative_strength": 37.920866, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.5586, "energy": 75.439033, "activity_lines": [ 10.273384, 9.962129, 9.379839, 8.82438 ] }, { "date": "2023-09-29", "close": 9.360528, "volume": 0, "typical_volume": 221.35, "trend": 8.14741, "fair_value": 15.17363, "relative_strength": 25.166379, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.381941, "energy": 53.487649, "activity_lines": [ 10.02585, 9.886608, 9.433503, 8.907089 ] }, { "date": "2023-10-06", "close": 9.260303, "volume": 0, "typical_volume": 221.35, "trend": 8.244135, "fair_value": 15.092935, "relative_strength": 25.440641, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.793004, "energy": 36.911615, "activity_lines": [ 9.745664, 9.793966, 9.46732, 8.978888 ] }, { "date": "2023-10-13", "close": 9.443732, "volume": 0, "typical_volume": 221.35, "trend": 8.36226, "fair_value": 15.011402, "relative_strength": 25.926346, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.225787, "energy": 22.306579, "activity_lines": [ 9.567657, 9.74002, 9.508729, 9.056281 ] }, { "date": "2023-10-20", "close": 8.745948, "volume": 600, "typical_volume": 251.35, "trend": 8.468157, "fair_value": 14.928576, "relative_strength": 20.218772, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.323466, "energy": 21.803118, "activity_lines": [ 9.218954, 9.558345, 9.472723, 9.081036 ] }, { "date": "2023-10-27", "close": 9.199791, "volume": 0, "typical_volume": 251.35, "trend": 8.573897, "fair_value": 14.853643, "relative_strength": 26.009556, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.540866, "energy": 21.918648, "activity_lines": [ 9.146338, 9.479043, 9.474142, 9.128238 ] }, { "date": "2023-11-03", "close": 11.076625, "volume": 0, "typical_volume": 251.35, "trend": 8.732332, "fair_value": 14.780986, "relative_strength": 42.034938, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.882171, "energy": 33.097822, "activity_lines": [ 9.771193, 9.737957, 9.649038, 9.289704 ] }, { "date": "2023-11-10", "close": 10.906433, "volume": 0, "typical_volume": 251.35, "trend": 8.855406, "fair_value": 14.717099, "relative_strength": 37.703849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.196467, "energy": 44.97627, "activity_lines": [ 10.224911, 9.934932, 9.793404, 9.429969 ] }, { "date": "2023-11-17", "close": 11.932309, "volume": 1110, "typical_volume": 306.85, "trend": 9.013936, "fair_value": 14.662438, "relative_strength": 45.630898, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.593911, "energy": 82.025629, "activity_lines": [ 10.910845, 10.299692, 10.019727, 9.628478 ] }, { "date": "2023-11-24", "close": 11.880305, "volume": 60, "typical_volume": 309.85, "trend": 9.165564, "fair_value": 14.608398, "relative_strength": 43.847102, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.1024, "energy": 87.755311, "activity_lines": [ 11.41354, 10.626631, 10.223213, 9.813406 ] }, { "date": "2023-12-01", "close": 12.22069, "volume": 0, "typical_volume": 309.85, "trend": 9.332257, "fair_value": 14.557495, "relative_strength": 43.098585, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.967787, "energy": 91.312927, "activity_lines": [ 11.820739, 10.992509, 10.44177, 10.01051 ] }, { "date": "2023-12-08", "close": 11.601381, "volume": 0, "typical_volume": 309.85, "trend": 9.479063, "fair_value": 14.502409, "relative_strength": 33.919879, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.016448, "energy": 84.03454, "activity_lines": [ 11.820109, 11.210457, 10.58578, 10.156906 ] }, { "date": "2023-12-15", "close": 12.215961, "volume": 0, "typical_volume": 309.85, "trend": 9.646733, "fair_value": 14.450309, "relative_strength": 37.059851, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.076548, "energy": 81.29774, "activity_lines": [ 11.989355, 11.499404, 10.777938, 10.33348 ] }, { "date": "2023-12-22", "close": 12.329422, "volume": 0, "typical_volume": 269.85, "trend": 9.819635, "fair_value": 14.400102, "relative_strength": 35.067908, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.524256, "energy": 64.131272, "activity_lines": [ 12.109119, 11.755241, 10.968229, 10.506556 ] }, { "date": "2023-12-29", "close": 12.513796, "volume": 0, "typical_volume": 259.85, "trend": 9.985823, "fair_value": 14.343444, "relative_strength": 34.248659, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.398654, "energy": 66.038969, "activity_lines": [ 12.263867, 11.992134, 11.162112, 10.680373 ] }, { "date": "2024-01-05", "close": 11.804665, "volume": 0, "typical_volume": 88.5, "trend": 10.109527, "fair_value": 14.286798, "relative_strength": 25.534814, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.938044, "energy": 57.902391, "activity_lines": [ 12.140005, 12.031587, 11.275717, 10.797718 ] }, { "date": "2024-01-12", "close": 12.423973, "volume": 0, "typical_volume": 88.5, "trend": 10.254694, "fair_value": 14.235183, "relative_strength": 32.143844, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.836931, "energy": 57.724464, "activity_lines": [ 12.250315, 12.136281, 11.435107, 10.947037 ] }, { "date": "2024-01-19", "close": 11.615563, "volume": 137, "typical_volume": 95.35, "trend": 10.388547, "fair_value": 14.174358, "relative_strength": 24.508183, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.54439, "energy": 42.34535, "activity_lines": [ 12.036314, 12.069493, 11.502972, 11.034835 ] }, { "date": "2024-01-26", "close": 11.714843, "volume": 0, "typical_volume": 95.35, "trend": 10.506483, "fair_value": 14.11544, "relative_strength": 20.608104, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.468763, "energy": 31.294556, "activity_lines": [ 11.895434, 12.007864, 11.572007, 11.120402 ] }, { "date": "2024-02-02", "close": 11.591927, "volume": 0, "typical_volume": 95.35, "trend": 10.618305, "fair_value": 14.056371, "relative_strength": 19.104094, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.772982, "energy": 27.064579, "activity_lines": [ 11.754554, 11.927839, 11.622943, 11.190431 ] }, { "date": "2024-02-09", "close": 10.792973, "volume": 0, "typical_volume": 95.35, "trend": 10.679669, "fair_value": 13.994195, "relative_strength": 12.841839, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.174676, "energy": 20.387105, "activity_lines": [ 11.408813, 11.707794, 11.593151, 11.2017 ] }, { "date": "2024-02-16", "close": 10.982074, "volume": 50, "typical_volume": 97.85, "trend": 10.731703, "fair_value": 13.937154, "relative_strength": 12.391991, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.81374, "energy": 18.448434, "activity_lines": [ 11.193553, 11.548089, 11.578914, 11.22121 ] }, { "date": "2024-02-23", "close": 10.986801, "volume": 0, "typical_volume": 97.85, "trend": 10.779451, "fair_value": 13.882582, "relative_strength": 12.300214, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.004587, "energy": 21.72922, "activity_lines": [ 11.075994, 11.400504, 11.557406, 11.237668 ] }, { "date": "2024-03-01", "close": 10.901706, "volume": 0, "typical_volume": 97.85, "trend": 10.829626, "fair_value": 13.828842, "relative_strength": 10.777531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.963169, "energy": 25.579436, "activity_lines": [ 10.971989, 11.259795, 11.519572, 11.245555 ] }, { "date": "2024-03-08", "close": 11.346093, "volume": 50, "typical_volume": 70.35, "trend": 10.879896, "fair_value": 13.775513, "relative_strength": 14.154292, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.112301, "energy": 16.696258, "activity_lines": [ 11.070321, 11.225843, 11.517119, 11.278876 ] }, { "date": "2024-03-15", "close": 10.717331, "volume": 0, "typical_volume": 70.35, "trend": 10.936027, "fair_value": 13.712109, "relative_strength": 5.960705, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.453963, "energy": 23.859177, "activity_lines": [ 10.975455, 11.098801, 11.442401, 11.268388 ] }, { "date": "2024-03-22", "close": 11.880305, "volume": 0, "typical_volume": 70.35, "trend": 11.019642, "fair_value": 13.658918, "relative_strength": 13.320586, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.355738, "energy": 14.849697, "activity_lines": [ 11.273289, 11.202978, 11.471216, 11.329309 ] }, { "date": "2024-03-29", "close": 11.993767, "volume": 0, "typical_volume": 70.35, "trend": 11.09024, "fair_value": 13.604757, "relative_strength": 12.135623, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.099938, "energy": 26.632986, "activity_lines": [ 11.549063, 11.33767, 11.50701, 11.392156 ] }, { "date": "2024-04-05", "close": 11.251542, "volume": 0, "typical_volume": 14.85, "trend": 11.11955, "fair_value": 13.540484, "relative_strength": 3.513339, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.703255, "energy": 17.925383, "activity_lines": [ 11.510297, 11.330536, 11.466939, 11.402562 ] }, { "date": "2024-04-12", "close": 11.459556, "volume": 50, "typical_volume": 14.35, "trend": 11.1476, "fair_value": 13.47516, "relative_strength": 5.107259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.167393, "energy": 23.615504, "activity_lines": [ 11.517546, 11.369646, 11.44992, 11.424498 ] }, { "date": "2024-04-19", "close": 11.374459, "volume": 0, "typical_volume": 14.35, "trend": 11.18416, "fair_value": 13.409342, "relative_strength": 4.192243, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.824339, "energy": 13.55466, "activity_lines": [ 11.488866, 11.39569, 11.4268, 11.439134 ] }, { "date": "2024-04-26", "close": 12.036314, "volume": 0, "typical_volume": 14.35, "trend": 11.273353, "fair_value": 13.350206, "relative_strength": 9.127458, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.256237, "energy": 22.968428, "activity_lines": [ 11.636995, 11.531499, 11.470743, 11.494112 ] }, { "date": "2024-05-03", "close": 13.010188, "volume": 8, "typical_volume": 14.75, "trend": 11.398349, "fair_value": 13.301713, "relative_strength": 15.569738, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.424611, "energy": 61.298505, "activity_lines": [ 12.099348, 11.825208, 11.605366, 11.606166 ] }, { "date": "2024-05-10", "close": 12.972367, "volume": 0, "typical_volume": 14.75, "trend": 11.51597, "fair_value": 13.251941, "relative_strength": 11.389396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.952715, "energy": 77.648387, "activity_lines": [ 12.481334, 12.075252, 11.732604, 11.707715 ] }, { "date": "2024-05-17", "close": 13.8706, "volume": 0, "typical_volume": 14.75, "trend": 11.686792, "fair_value": 13.207102, "relative_strength": 16.064853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.34988, "energy": 89.891096, "activity_lines": [ 13.048008, 12.450963, 11.942327, 11.859627 ] }, { "date": "2024-05-24", "close": 13.199289, "volume": 0, "typical_volume": 14.75, "trend": 11.820109, "fair_value": 13.14993, "relative_strength": 9.744678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.224618, "energy": 81.579341, "activity_lines": [ 13.230176, 12.658717, 12.081654, 11.957207 ] }, { "date": "2024-05-31", "close": 13.454576, "volume": 0, "typical_volume": 14.75, "trend": 11.899374, "fair_value": 13.088235, "relative_strength": 12.804977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.446359, "energy": 83.039516, "activity_lines": [ 13.375784, 12.86776, 12.238653, 12.062657 ] }, { "date": "2024-06-07", "close": 13.000733, "volume": 0, "typical_volume": 7.9, "trend": 11.969184, "fair_value": 13.01901, "relative_strength": 9.239221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.151798, "energy": 69.743968, "activity_lines": [ 13.27556, 12.965663, 12.347522, 12.133712 ] }, { "date": "2024-06-14", "close": 12.518523, "volume": 0, "typical_volume": 7.9, "trend": 11.988724, "fair_value": 12.94939, "relative_strength": 8.239645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.436342, "energy": 44.511749, "activity_lines": [ 13.01523, 12.957583, 12.403869, 12.169153 ] }, { "date": "2024-06-21", "close": 12.301057, "volume": 0, "typical_volume": 7.9, "trend": 12.002749, "fair_value": 12.877936, "relative_strength": 4.092951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.199971, "energy": 28.37698, "activity_lines": [ 12.712668, 12.886928, 12.435679, 12.189304 ] }, { "date": "2024-06-28", "close": 12.896728, "volume": 0, "typical_volume": 7.9, "trend": 12.025284, "fair_value": 12.811015, "relative_strength": 7.974027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.246598, "energy": 24.019574, "activity_lines": [ 12.713299, 12.909276, 12.520842, 12.24698 ] }, { "date": "2024-07-05", "close": 13.123649, "volume": 0, "typical_volume": 5.4, "trend": 12.076026, "fair_value": 12.740048, "relative_strength": 6.383974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.12834, "energy": 25.521826, "activity_lines": [ 12.80974, 12.945206, 12.617599, 12.317842 ] }, { "date": "2024-07-12", "close": 14.314989, "volume": 0, "typical_volume": 5.4, "trend": 12.145994, "fair_value": 12.675289, "relative_strength": 15.424142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.98388, "energy": 52.076432, "activity_lines": [ 13.325357, 13.177973, 12.817619, 12.462291 ] }, { "date": "2024-07-19", "close": 13.435667, "volume": 0, "typical_volume": 5.4, "trend": 12.182868, "fair_value": 12.606708, "relative_strength": 8.897868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.175356, "energy": 55.875462, "activity_lines": [ 13.46025, 13.227139, 12.918046, 12.545496 ] }, { "date": "2024-07-26", "close": 13.407301, "volume": 0, "typical_volume": 2.9, "trend": 12.212652, "fair_value": 12.53844, "relative_strength": 8.249224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.106978, "energy": 58.630286, "activity_lines": [ 13.524544, 13.262725, 13.003704, 12.624492 ] }, { "date": "2024-08-02", "close": 13.596402, "volume": 0, "typical_volume": 2.9, "trend": 12.272377, "fair_value": 12.46869, "relative_strength": 13.681497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.605106, "energy": 62.198391, "activity_lines": [ 13.578123, 13.341116, 13.097557, 12.713766 ] }, { "date": "2024-08-09", "close": 13.549128, "volume": 750, "typical_volume": 40.4, "trend": 12.309882, "fair_value": 12.395336, "relative_strength": 11.76274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.118938, "energy": 41.606039, "activity_lines": [ 13.569298, 13.403691, 13.173198, 12.796137 ] }, { "date": "2024-08-16", "close": 13.558582, "volume": 0, "typical_volume": 40.4, "trend": 12.374649, "fair_value": 12.322593, "relative_strength": 9.293525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.810358, "energy": 39.022295, "activity_lines": [ 13.53526, 13.466267, 13.241792, 12.876698 ] }, { "date": "2024-08-23", "close": 14.069158, "volume": 0, "typical_volume": 40.4, "trend": 12.453126, "fair_value": 12.255653, "relative_strength": 10.999504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.066265, "energy": 48.558335, "activity_lines": [ 13.72184, 13.611531, 13.351561, 12.986022 ] }, { "date": "2024-08-30", "close": 14.106977, "volume": 0, "typical_volume": 37.9, "trend": 12.536961, "fair_value": 12.192365, "relative_strength": 9.685861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.724812, "energy": 49.027558, "activity_lines": [ 13.878795, 13.735479, 13.451515, 13.092722 ] }, { "date": "2024-09-06", "close": 14.9863, "volume": 0, "typical_volume": 37.9, "trend": 12.676739, "fair_value": 12.139389, "relative_strength": 20.761177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.579482, "energy": 75.707596, "activity_lines": [ 14.282212, 13.986468, 13.622607, 13.250743 ] }, { "date": "2024-09-13", "close": 15.67652, "volume": 0, "typical_volume": 37.9, "trend": 12.83322, "fair_value": 12.095677, "relative_strength": 24.870073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.254119, "energy": 90.421268, "activity_lines": [ 14.823042, 14.32496, 13.842235, 13.444278 ] }, { "date": "2024-09-20", "close": 15.08085, "volume": 38, "typical_volume": 39.4, "trend": 12.969689, "fair_value": 12.048256, "relative_strength": 19.100528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.032123, "energy": 84.003376, "activity_lines": [ 15.023489, 14.508732, 13.987798, 13.589286 ] }, { "date": "2024-09-27", "close": 15.704886, "volume": 0, "typical_volume": 39.4, "trend": 13.129795, "fair_value": 12.008301, "relative_strength": 22.023255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.788916, "energy": 90.575978, "activity_lines": [ 15.330464, 14.792041, 14.182933, 13.76575 ] }, { "date": "2024-10-04", "close": 15.487417, "volume": 0, "typical_volume": 39.4, "trend": 13.267839, "fair_value": 11.970636, "relative_strength": 20.750121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.306483, "energy": 82.35934, "activity_lines": [ 15.455901, 14.994551, 14.344345, 13.917855 ] }, { "date": "2024-10-11", "close": 15.402324, "volume": 0, "typical_volume": 39.4, "trend": 13.424005, "fair_value": 11.923956, "relative_strength": 19.090314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.261368, "energy": 67.866067, "activity_lines": [ 15.460944, 15.14377, 14.489953, 14.055564 ] }, { "date": "2024-10-18", "close": 15.355047, "volume": 0, "typical_volume": 39.4, "trend": 13.53983, "fair_value": 11.873564, "relative_strength": 17.457288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.482315, "energy": 60.181912, "activity_lines": [ 15.422494, 15.251557, 14.620568, 14.180147 ] }, { "date": "2024-10-25", "close": 14.768832, "volume": 0, "typical_volume": 39.4, "trend": 13.632332, "fair_value": 11.823648, "relative_strength": 13.716468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.248992, "energy": 44.513849, "activity_lines": [ 15.210069, 15.219926, 14.686303, 14.259438 ] }, { "date": "2024-11-01", "close": 14.418994, "volume": 0, "typical_volume": 39.4, "trend": 13.737914, "fair_value": 11.769015, "relative_strength": 12.375712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.95026, "energy": 29.070837, "activity_lines": [ 14.901834, 15.102683, 14.710301, 14.31019 ] }, { "date": "2024-11-08", "close": 14.740467, "volume": 0, "typical_volume": 39.4, "trend": 13.847277, "fair_value": 11.717653, "relative_strength": 13.733752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.646963, "energy": 23.817071, "activity_lines": [ 14.786482, 15.037528, 14.755866, 14.374871 ] }, { "date": "2024-11-15", "close": 14.305533, "volume": 0, "typical_volume": 39.4, "trend": 13.94498, "fair_value": 11.661027, "relative_strength": 9.981228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.570481, "energy": 23.416167, "activity_lines": [ 14.575948, 14.881777, 14.748391, 14.404436 ] }, { "date": "2024-11-22", "close": 14.39063, "volume": 0, "typical_volume": 39.4, "trend": 14.023457, "fair_value": 11.614682, "relative_strength": 11.115706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.473667, "energy": 20.934727, "activity_lines": [ 14.4669, 14.753876, 14.742313, 14.433187 ] }, { "date": "2024-11-29", "close": 14.863383, "volume": 1200, "typical_volume": 99.4, "trend": 14.08523, "fair_value": 11.574667, "relative_strength": 14.242767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.126796, "energy": 14.952498, "activity_lines": [ 14.579731, 14.73531, 14.775226, 14.487376 ] }, { "date": "2024-12-06", "close": 14.655372, "volume": 0, "typical_volume": 99.4, "trend": 14.14133, "fair_value": 11.533429, "relative_strength": 10.901723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.540576, "energy": 12.889187, "activity_lines": [ 14.616921, 14.682877, 14.785717, 14.524159 ] }, { "date": "2024-12-13", "close": 14.210982, "volume": 0, "typical_volume": 99.4, "trend": 14.152677, "fair_value": 11.487032, "relative_strength": 5.498478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.036498, "energy": 7.106629, "activity_lines": [ 14.490223, 14.568728, 14.748076, 14.528653 ] }, { "date": "2024-12-20", "close": 13.605858, "volume": 0, "typical_volume": 99.4, "trend": 14.166229, "fair_value": 11.44132, "relative_strength": 2.55414, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.060868, "energy": 28.890009, "activity_lines": [ 14.197115, 14.367765, 14.648978, 14.493375 ] }, { "date": "2024-12-27", "close": 13.435667, "volume": 0, "typical_volume": 61.9, "trend": 14.165599, "fair_value": 11.392208, "relative_strength": 0.099245, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.523017, "energy": 56.354527, "activity_lines": [ 13.893923, 14.168521, 14.533626, 14.446241 ] }, { "date": "2025-01-03", "close": 13.388391, "volume": 0, "typical_volume": 61.9, "trend": 14.17852, "fair_value": 11.348128, "relative_strength": -0.925822, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.638767, "energy": 65.174372, "activity_lines": [ 13.638636, 13.995579, 14.414312, 14.396099 ] }, { "date": "2025-01-10", "close": 12.423973, "volume": 0, "typical_volume": 61.9, "trend": 14.175369, "fair_value": 11.298525, "relative_strength": -7.958064, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.672773, "energy": 81.245687, "activity_lines": [ 13.160209, 13.672387, 14.203959, 14.282902 ] }, { "date": "2025-01-17", "close": 13.019644, "volume": 1648, "typical_volume": 144.3, "trend": 14.199322, "fair_value": 11.255216, "relative_strength": -6.821926, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.005801, "energy": 71.857134, "activity_lines": [ 13.029098, 13.493772, 14.058171, 14.20834 ] }, { "date": "2025-01-24", "close": 12.178142, "volume": 0, "typical_volume": 144.3, "trend": 14.175369, "fair_value": 11.204533, "relative_strength": -14.21149, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.312449, "energy": 90.670258, "activity_lines": [ 12.69691, 13.193445, 13.837417, 14.077941 ] }, { "date": "2025-01-31", "close": 13.605858, "volume": 506, "typical_volume": 169.6, "trend": 14.191442, "fair_value": 11.160856, "relative_strength": -4.704836, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.711463, "energy": 61.18456, "activity_lines": [ 12.935808, 13.191382, 13.766009, 14.041198 ] }, { "date": "2025-02-07", "close": 13.161469, "volume": 40, "typical_volume": 169.7, "trend": 14.152992, "fair_value": 11.120876, "relative_strength": -8.26109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.339402, "energy": 46.980306, "activity_lines": [ 13.015231, 13.12279, 13.662138, 13.974748 ] }, { "date": "2025-02-14", "close": 12.660351, "volume": 0, "typical_volume": 169.7, "trend": 14.127148, "fair_value": 11.078729, "relative_strength": -16.117712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.973387, "energy": 48.977185, "activity_lines": [ 12.942742, 12.994029, 13.519682, 13.878449 ] }, { "date": "2025-02-21", "close": 12.12141, "volume": 0, "typical_volume": 169.7, "trend": 14.084285, "fair_value": 11.030321, "relative_strength": -18.887471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.504457, "energy": 52.25613, "activity_lines": [ 12.674848, 12.803552, 13.340395, 13.749046 ] }, { "date": "2025-02-28", "close": 13.33166, "volume": 0, "typical_volume": 169.7, "trend": 14.07546, "fair_value": 10.994457, "relative_strength": -12.915918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.427406, "energy": 40.624575, "activity_lines": [ 12.870253, 12.871112, 13.2924, 13.70049 ] }, { "date": "2025-03-07", "close": 11.535196, "volume": 0, "typical_volume": 169.7, "trend": 14.008329, "fair_value": 10.945042, "relative_strength": -26.90261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.473686, "energy": 56.389659, "activity_lines": [ 12.389935, 12.617029, 13.083172, 13.536602 ] }, { "date": "2025-03-14", "close": 11.837759, "volume": 0, "typical_volume": 169.7, "trend": 13.950968, "fair_value": 10.902241, "relative_strength": -24.956946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.655233, "energy": 63.754005, "activity_lines": [ 12.148515, 12.45251, 12.92095, 13.396565 ] }, { "date": "2025-03-21", "close": 11.799937, "volume": 0, "typical_volume": 169.7, "trend": 13.875328, "fair_value": 10.863322, "relative_strength": -24.276594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.958617, "energy": 59.505523, "activity_lines": [ 11.982736, 12.309309, 12.769084, 13.257789 ] }, { "date": "2025-03-28", "close": 11.98904, "volume": 0, "typical_volume": 169.7, "trend": 13.80473, "fair_value": 10.826111, "relative_strength": -21.305228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.407726, "energy": 65.58993, "activity_lines": [ 11.937352, 12.211836, 12.647698, 13.136093 ] }, { "date": "2025-04-04", "close": 12.896728, "volume": 100, "typical_volume": 174.7, "trend": 13.735077, "fair_value": 10.795158, "relative_strength": -6.188077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.88092, "energy": 38.51213, "activity_lines": [ 12.203355, 12.298135, 12.625862, 13.077512 ] }, { "date": "2025-04-11", "close": 12.15923, "volume": 954, "typical_volume": 222.4, "trend": 13.617834, "fair_value": 10.762337, "relative_strength": -10.466115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.843884, "energy": 29.594373, "activity_lines": [ 12.252521, 12.237278, 12.540496, 12.975845 ] }, { "date": "2025-04-18", "close": 13.303295, "volume": 0, "typical_volume": 162.4, "trend": 13.558582, "fair_value": 10.737841, "relative_strength": -7.130528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.610763, "energy": 15.520062, "activity_lines": [ 12.64144, 12.410736, 12.574714, 12.955552 ] }, { "date": "2025-04-25", "close": 13.350571, "volume": 90, "typical_volume": 166.9, "trend": 13.480105, "fair_value": 10.718157, "relative_strength": -10.089535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.553993, "energy": 16.55071, "activity_lines": [ 12.948415, 12.590211, 12.620864, 12.942132 ] }, { "date": "2025-05-02", "close": 13.672043, "volume": 789, "typical_volume": 206.35, "trend": 13.419593, "fair_value": 10.705813, "relative_strength": -9.085343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.265408, "energy": 18.107001, "activity_lines": [ 13.259171, 12.815585, 12.703843, 12.954515 ] }, { "date": "2025-05-09", "close": 13.898966, "volume": 410, "typical_volume": 226.85, "trend": 13.369481, "fair_value": 10.692449, "relative_strength": -11.525709, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.958099, "energy": 33.617088, "activity_lines": [ 13.533369, 13.054025, 12.811001, 12.985442 ] }, { "date": "2025-05-16", "close": 13.539672, "volume": 700, "typical_volume": 261.85, "trend": 13.308968, "fair_value": 10.671862, "relative_strength": -15.998968, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.131234, "energy": 37.301683, "activity_lines": [ 13.620986, 13.216824, 12.882544, 12.996422 ] }, { "date": "2025-05-23", "close": 13.831475, "volume": 3856, "typical_volume": 454.65, "trend": 13.277723, "fair_value": 10.666227, "relative_strength": -12.953262, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.426368, "energy": 44.206271, "activity_lines": [ 13.713841, 13.396234, 12.981383, 13.030132 ] }, { "date": "2025-05-30", "close": 14.531803, "volume": 0, "typical_volume": 454.65, "trend": 13.281484, "fair_value": 10.665545, "relative_strength": -9.263572, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.910232, "energy": 54.368494, "activity_lines": [ 14.004927, 13.666726, 13.14481, 13.111041 ] }, { "date": "2025-06-06", "close": 14.48317, "volume": 0, "typical_volume": 372.25, "trend": 13.272907, "fair_value": 10.675666, "relative_strength": -9.875525, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.016253, "energy": 58.873581, "activity_lines": [ 14.201053, 13.878705, 13.293568, 13.188569 ] }, { "date": "2025-06-13", "close": 13.948196, "volume": 0, "typical_volume": 372.25, "trend": 13.260996, "fair_value": 10.698044, "relative_strength": -11.172533, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.34053, "energy": 49.771279, "activity_lines": [ 14.164779, 13.948069, 13.384407, 13.232136 ] }, { "date": "2025-06-20", "close": 14.794426, "volume": 0, "typical_volume": 346.95, "trend": 13.274456, "fair_value": 10.725037, "relative_strength": -5.333571, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.569696, "energy": 67.849455, "activity_lines": [ 14.4073, 14.152175, 13.54741, 13.331067 ] }, { "date": "2025-06-27", "close": 14.54153, "volume": 1578, "typical_volume": 423.85, "trend": 13.263727, "fair_value": 10.754403, "relative_strength": -8.587804, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.515626, "energy": 59.552216, "activity_lines": [ 14.481872, 14.262388, 13.680668, 13.412814 ] }, { "date": "2025-07-04", "close": 14.103825, "volume": 0, "typical_volume": 423.85, "trend": 13.245342, "fair_value": 10.786288, "relative_strength": -10.486976, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.140529, "energy": 41.570166, "activity_lines": [ 14.363206, 14.270504, 13.765668, 13.467013 ] }, { "date": "2025-07-11", "close": 14.094098, "volume": 0, "typical_volume": 423.85, "trend": 13.241446, "fair_value": 10.822026, "relative_strength": -12.183194, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.685858, "energy": 40.901697, "activity_lines": [ 14.269829, 14.263156, 13.842869, 13.521772 ] }, { "date": "2025-07-18", "close": 14.103825, "volume": 0, "typical_volume": 423.85, "trend": 13.258045, "fair_value": 10.850795, "relative_strength": -11.923897, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.144953, "energy": 30.479625, "activity_lines": [ 14.205632, 14.249903, 13.911601, 13.577409 ] }, { "date": "2025-07-25", "close": 13.841202, "volume": 0, "typical_volume": 423.85, "trend": 13.271563, "fair_value": 10.874184, "relative_strength": -14.977269, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.677446, "energy": 21.64621, "activity_lines": [ 14.043519, 14.185176, 13.951645, 13.615032 ] }, { "date": "2025-08-01", "close": 13.617486, "volume": 0, "typical_volume": 423.85, "trend": 13.279199, "fair_value": 10.896926, "relative_strength": -13.757291, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.209019, "energy": 20.420287, "activity_lines": [ 13.870382, 14.074291, 13.959402, 13.63735 ] }, { "date": "2025-08-08", "close": 14.492896, "volume": 0, "typical_volume": 423.85, "trend": 13.348163, "fair_value": 10.922674, "relative_strength": -12.993991, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.506201, "energy": 21.925338, "activity_lines": [ 14.050652, 14.126462, 14.042056, 13.715653 ] }, { "date": "2025-08-15", "close": 15.095957, "volume": 669, "typical_volume": 457.3, "trend": 13.417374, "fair_value": 10.961985, "relative_strength": -11.416819, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.352138, "energy": 40.665464, "activity_lines": [ 14.406004, 14.288988, 14.169322, 13.828414 ] }, { "date": "2025-08-22", "close": 15.086229, "volume": 100, "typical_volume": 457.3, "trend": 13.51431, "fair_value": 11.004204, "relative_strength": -10.041877, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.363224, "energy": 58.97403, "activity_lines": [ 14.691322, 14.438603, 14.280865, 13.936082 ] }, { "date": "2025-08-29", "close": 14.940328, "volume": 0, "typical_volume": 409.6, "trend": 13.558792, "fair_value": 11.044457, "relative_strength": -7.314835, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.173721, "energy": 70.488093, "activity_lines": [ 14.862514, 14.540999, 14.368087, 14.028083 ] }, { "date": "2025-09-05", "close": 14.308087, "volume": 0, "typical_volume": 409.6, "trend": 13.597013, "fair_value": 11.082657, "relative_strength": -10.384631, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.898313, "energy": 57.492379, "activity_lines": [ 14.749683, 14.52579, 14.381853, 14.076425 ] }, { "date": "2025-09-12", "close": 14.444263, "volume": 200, "typical_volume": 415.1, "trend": 13.656477, "fair_value": 11.122276, "relative_strength": -9.891788, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.341826, "energy": 36.644606, "activity_lines": [ 14.636204, 14.539585, 14.403803, 14.131086 ] }, { "date": "2025-09-19", "close": 14.035738, "volume": 0, "typical_volume": 375.65, "trend": 13.720288, "fair_value": 11.165216, "relative_strength": -11.513853, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.907892, "energy": 15.47285, "activity_lines": [ 14.389793, 14.472912, 14.381638, 14.155554 ] }, { "date": "2025-09-26", "close": 13.909289, "volume": 0, "typical_volume": 355.15, "trend": 13.739542, "fair_value": 11.204769, "relative_strength": -12.142838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.329441, "energy": 16.157138, "activity_lines": [ 14.171913, 14.38431, 14.345698, 14.167748 ] }, { "date": "2025-10-03", "close": 14.094098, "volume": 0, "typical_volume": 320.15, "trend": 13.824839, "fair_value": 11.24781, "relative_strength": -12.23559, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.687374, "energy": 18.927954, "activity_lines": [ 14.094098, 14.332846, 14.327309, 14.190623 ] }, { "date": "2025-10-10", "close": 14.444263, "volume": 0, "typical_volume": 127.35, "trend": 13.911722, "fair_value": 11.302733, "relative_strength": -7.706045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.296099, "energy": 17.510014, "activity_lines": [ 14.189421, 14.340451, 14.33963, 14.230585 ] }, { "date": "2025-10-17", "close": 14.580437, "volume": 0, "typical_volume": 127.35, "trend": 14.004406, "fair_value": 11.358559, "relative_strength": -4.463992, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.5151, "energy": 10.707093, "activity_lines": [ 14.321056, 14.357782, 14.362002, 14.273728 ] }, { "date": "2025-10-24", "close": 14.784699, "volume": 0, "typical_volume": 127.35, "trend": 14.097594, "fair_value": 11.415118, "relative_strength": -4.42441, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.571693, "energy": 27.148318, "activity_lines": [ 14.511701, 14.410661, 14.403595, 14.32407 ] }, { "date": "2025-10-31", "close": 14.084371, "volume": 0, "typical_volume": 127.35, "trend": 14.137182, "fair_value": 11.467976, "relative_strength": -11.041826, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.242455, "energy": 14.651301, "activity_lines": [ 14.418972, 14.341866, 14.377055, 14.323217 ] }, { "date": "2025-11-07", "close": 13.286776, "volume": 0, "typical_volume": 127.35, "trend": 14.174767, "fair_value": 11.509691, "relative_strength": -14.448505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.080938, "energy": 21.057354, "activity_lines": [ 14.048707, 14.146269, 14.273905, 14.268352 ] }, { "date": "2025-11-14", "close": 13.666121, "volume": 0, "typical_volume": 48.45, "trend": 14.186861, "fair_value": 11.554413, "relative_strength": -13.187699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.066176, "energy": 40.496709, "activity_lines": [ 13.85871, 14.049709, 14.214062, 14.235536 ] }, { "date": "2025-11-21", "close": 13.763388, "volume": 400, "typical_volume": 68.45, "trend": 14.200622, "fair_value": 11.605304, "relative_strength": -10.762668, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.971057, "energy": 45.928344, "activity_lines": [ 13.753013, 13.982506, 14.167651, 14.208215 ] }, { "date": "2025-11-28", "close": 14.317815, "volume": 0, "typical_volume": 68.45, "trend": 14.222148, "fair_value": 11.660356, "relative_strength": -10.539028, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -45.76417, "energy": 46.508535, "activity_lines": [ 13.886594, 14.028487, 14.175664, 14.215776 ] }, { "date": "2025-12-05", "close": 13.63694, "volume": 0, "typical_volume": 68.45, "trend": 14.213413, "fair_value": 11.71177, "relative_strength": -15.284351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.18036, "energy": 43.118916, "activity_lines": [ 13.824343, 13.945544, 14.117767, 14.178021 ] }, { "date": "2025-12-12", "close": 12.917158, "volume": 0, "typical_volume": 68.45, "trend": 14.192663, "fair_value": 11.759964, "relative_strength": -19.423852, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.543634, "energy": 52.595069, "activity_lines": [ 13.551993, 13.736684, 13.993542, 14.094391 ] }, { "date": "2025-12-19", "close": 12.751802, "volume": 250, "typical_volume": 80.95, "trend": 14.156674, "fair_value": 11.805614, "relative_strength": -21.80362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.381624, "energy": 67.249926, "activity_lines": [ 13.249165, 13.519157, 13.857969, 14.001432 ] }, { "date": "2025-12-26", "close": 12.635081, "volume": 0, "typical_volume": 80.95, "trend": 14.09345, "fair_value": 11.849969, "relative_strength": -22.084505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.37882, "energy": 79.177616, "activity_lines": [ 12.968385, 13.311181, 13.715402, 13.903265 ] }, { "date": "2026-01-02", "close": 12.732349, "volume": 0, "typical_volume": 47.5, "trend": 14.035089, "fair_value": 11.889736, "relative_strength": -22.396378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.037786, "energy": 79.57782, "activity_lines": [ 12.795249, 13.15626, 13.590946, 13.815452 ] }, { "date": "2026-01-09", "close": 13.782842, "volume": 58, "typical_volume": 45.4, "trend": 14.029577, "fair_value": 11.928297, "relative_strength": -16.34731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.60089, "energy": 59.1425, "activity_lines": [ 13.077974, 13.229653, 13.577792, 13.799178 ] }, { "date": "2026-01-16", "close": 14.074645, "volume": 0, "typical_volume": 45.4, "trend": 14.005585, "fair_value": 11.970516, "relative_strength": -15.157891, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.91566, "energy": 21.489136, "activity_lines": [ 13.44824, 13.361583, 13.598635, 13.802086 ] }, { "date": "2026-01-23", "close": 13.714754, "volume": 308, "typical_volume": 60.8, "trend": 13.978025, "fair_value": 12.009156, "relative_strength": -17.702893, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.369035, "energy": 21.610047, "activity_lines": [ 13.621377, 13.413754, 13.589325, 13.783323 ] }, { "date": "2026-01-30", "close": 13.909289, "volume": 0, "typical_volume": 50.8, "trend": 13.971541, "fair_value": 12.045315, "relative_strength": -17.264598, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.004889, "energy": 24.309635, "activity_lines": [ 13.795162, 13.500411, 13.601367, 13.778888 ] }, { "date": "2026-02-06", "close": 14.152459, "volume": 0, "typical_volume": 50.8, "trend": 13.973486, "fair_value": 12.086821, "relative_strength": -16.238614, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.701575, "energy": 22.039363, "activity_lines": [ 13.965056, 13.628628, 13.639117, 13.79056 ] }, { "date": "2026-02-13", "close": 15.271038, "volume": 763, "typical_volume": 88.95, "trend": 14.012393, "fair_value": 12.136588, "relative_strength": -8.701792, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.625853, "energy": 52.655814, "activity_lines": [ 14.413136, 13.963229, 13.782841, 13.874273 ] }, { "date": "2026-02-20", "close": 15.767103, "volume": 0, "typical_volume": 88.95, "trend": 14.07659, "fair_value": 12.191263, "relative_strength": -8.571852, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.891243, "energy": 69.627666, "activity_lines": [ 14.927358, 14.358313, 13.967326, 13.98748 ] }, { "date": "2026-02-27", "close": 16.23399, "volume": 0, "typical_volume": 88.95, "trend": 14.163807, "fair_value": 12.248567, "relative_strength": -3.890494, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.920192, "energy": 81.46754, "activity_lines": [ 15.484379, 14.786468, 14.188309, 14.126667 ] }, { "date": "2026-03-06", "close": 14.940328, "volume": 763, "typical_volume": 127.1, "trend": 14.178721, "fair_value": 12.303578, "relative_strength": -6.716951, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.627913, "energy": 71.390428, "activity_lines": [ 15.44223, 14.916099, 14.277564, 14.176765 ] }, { "date": "2026-03-13", "close": 13.189508, "volume": 2112, "typical_volume": 232.7, "trend": 14.115173, "fair_value": 12.350306, "relative_strength": -15.312491, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 7.984327, "energy": 23.80236, "activity_lines": [ 14.747738, 14.685486, 14.19836, 14.112945 ] }, { "date": "2026-03-20", "close": 12.479453, "volume": 0, "typical_volume": 232.7, "trend": 14.02828, "fair_value": 12.394604, "relative_strength": -18.624345, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -26.653898, "energy": 21.521662, "activity_lines": [ 13.880758, 14.31746, 14.059128, 14.007415 ] }, { "date": "2026-03-27", "close": 12.615628, "volume": 0, "typical_volume": 232.7, "trend": 13.95079, "fair_value": 12.436834, "relative_strength": -18.668946, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.080694, "energy": 37.883056, "activity_lines": [ 13.245275, 13.997892, 13.940508, 13.916276 ] }, { "date": "2026-04-03", "close": 13.782842, "volume": 0, "typical_volume": 232.7, "trend": 13.933282, "fair_value": 12.48465, "relative_strength": -13.67352, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.215722, "energy": 35.897937, "activity_lines": [ 13.208962, 13.917071, 13.936247, 13.905441 ] }, { "date": "2026-04-10", "close": 14.415082, "volume": 0, "typical_volume": 212.7, "trend": 13.93231, "fair_value": 12.53081, "relative_strength": -14.803144, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.866958, "energy": 20.259969, "activity_lines": [ 13.546805, 13.949965, 13.991643, 13.936524 ] }, { "date": "2026-04-17", "close": 15.280765, "volume": 0, "typical_volume": 212.7, "trend": 13.97381, "fair_value": 12.582761, "relative_strength": -11.382634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.640901, "energy": 23.389037, "activity_lines": [ 14.208226, 14.13106, 14.126382, 14.023522 ] }, { "date": "2026-04-24", "close": 14.658251, "volume": 0, "typical_volume": 212.7, "trend": 13.998776, "fair_value": 12.629727, "relative_strength": -11.546188, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.15628, "energy": 30.681206, "activity_lines": [ 14.522725, 14.178456, 14.197248, 14.067679 ] }, { "date": "2026-05-01", "close": 14.395629, "volume": 0, "typical_volume": 212.7, "trend": 14.008827, "fair_value": 12.675726, "relative_strength": -13.260535, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.250689, "energy": 32.320883, "activity_lines": [ 14.60443, 14.189244, 14.23824, 14.093282 ] }, { "date": "2026-05-08", "close": 14.152459, "volume": 0, "typical_volume": 200.2, "trend": 13.9991, "fair_value": 12.720311, "relative_strength": -15.550548, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.942757, "energy": 27.773302, "activity_lines": [ 14.486412, 14.180755, 14.249032, 14.102549 ] }, { "date": "2026-05-15", "close": 13.860656, "volume": 0, "typical_volume": 200.2, "trend": 13.975107, "fair_value": 12.763098, "relative_strength": -16.570981, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 25.636283, "energy": 12.133745, "activity_lines": [ 14.246485, 14.157057, 14.225364, 14.093617 ] }, { "date": "2026-05-22", "close": 14.12, "volume": 0, "typical_volume": 200.2, "trend": 13.952951, "fair_value": 12.807826, "relative_strength": -16.303128, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 18.218026, "energy": 9.906469, "activity_lines": [ 14.129967, 14.200143, 14.220558, 14.102965 ] }, { "date": "2026-05-29", "close": 14.29, "volume": 66, "typical_volume": 200.6, "trend": 13.959805, "fair_value": 12.851171, "relative_strength": -17.041465, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.278467, "energy": 14.109623, "activity_lines": [ 14.147501, 14.25722, 14.225336, 14.12471 ] }, { "date": "2026-06-05", "close": 13.13, "volume": 748, "typical_volume": 238.0, "trend": 13.954579, "fair_value": 12.883456, "relative_strength": -22.380398, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.749126, "energy": 18.838917, "activity_lines": [ 13.802918, 14.070469, 14.117222, 14.071174 ] }, { "date": "2026-06-12", "close": 13.28, "volume": 0, "typical_volume": 222.6, "trend": 13.941708, "fair_value": 12.91686, "relative_strength": -23.10813, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.818011, "energy": 36.93859, "activity_lines": [ 13.59271, 13.901638, 14.027893, 14.027653 ] }, { "date": "2026-06-19", "close": 13.55, "volume": 0, "typical_volume": 222.6, "trend": 13.934596, "fair_value": 12.955002, "relative_strength": -24.068869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.305231, "energy": 44.150344, "activity_lines": [ 13.530667, 13.791041, 13.966347, 14.002382 ] }, { "date": "2026-06-26", "close": 14.1, "volume": 71, "typical_volume": 226.15, "trend": 13.927335, "fair_value": 12.992971, "relative_strength": -18.867252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.569224, "energy": 37.482485, "activity_lines": [ 13.672667, 13.796173, 13.958894, 14.013053 ] }, { "date": "2026-07-03", "close": 14.45, "volume": 0, "typical_volume": 188.0, "trend": 13.954437, "fair_value": 13.032796, "relative_strength": -18.287721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.877504, "energy": 9.236681, "activity_lines": [ 13.932667, 13.886409, 13.985024, 14.046773 ] }, { "date": "2026-07-10", "close": 13.66, "volume": 69, "typical_volume": 191.45, "trend": 13.979198, "fair_value": 13.062975, "relative_strength": -21.206236, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.998988, "energy": 8.234708, "activity_lines": [ 13.918667, 13.836796, 13.939825, 14.027777 ] }, { "date": "2026-07-17", "close": 13.21, "volume": 250, "typical_volume": 203.95, "trend": 13.994472, "fair_value": 13.087264, "relative_strength": -21.764017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.655626, "energy": 21.98139, "activity_lines": [ 13.719333, 13.718739, 13.861804, 13.978152 ] }, { "date": "2026-07-24", "close": 13.04, "volume": 0, "typical_volume": 165.8, "trend": 14.007969, "fair_value": 13.109607, "relative_strength": -23.300153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.032026, "energy": 48.734558, "activity_lines": [ 13.468, 13.586909, 13.781991, 13.916573 ] }, { "date": "2026-07-31", "close": 13.75, "volume": 700, "typical_volume": 95.2, "trend": 14.041891, "fair_value": 13.137515, "relative_strength": -18.599082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.143749, "energy": 50.545372, "activity_lines": [ 13.487333, 13.599091, 13.778847, 13.89993 ] }, { "date": "2026-08-07", "close": 13.69, "volume": 250, "typical_volume": 107.7, "trend": 14.038796, "fair_value": 13.162207, "relative_strength": -20.737672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.181896, "energy": 45.96471, "activity_lines": [ 13.51, 13.607091, 13.76732, 13.877227 ] } ], "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." } } }