{ "ticker": { "uuid": "34c79a12-fef7-4da4-9bd7-6aa5caa23977", "symbol": "BHFAL", "name": "Brighthouse Financial, Inc.", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 67.559, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.429, "architecture_energy": 41.731, "architecture_maturity": 19.002, "architecture_confidence": 94.697, "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": 24.12, "rotation_up": 20.62, "upward_expansion": 6.29, "deceleration": 47.08, "rotation_down": 47.2, "downward_expansion": 74.96 }, "activity_lines": [ 15.660333, 15.708736, 15.919637, 16.101012 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 15.755, "trend_reference": 16.367413, "distance_from_trend": -0.037417, "trend_direction": "Weakening", "fair_value": 18.231541, "distance_from_fair_value": -0.135838, "fair_value_direction": "Weakening", "relative_strength": -17.005277, "relative_strength_direction": "Improving", "price_momentum": -0.07447, "excess_performance": -0.261923, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037417, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.008102, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.135838, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.029092, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.170053, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028874, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.07447, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.687963, "read": "Supply-led" } ], "volume": { "latest": 190725, "relative_activity": 1.75173, "balance": 0.687963, "dry_up": 1.109718, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.030235, "annualized_volatility": 0.138741, "from_high_reference": -0.16221, "from_low_reference": 0.051736 }, "levels": { "trend_reference": 16.367413, "fair_value_reference": 18.231541, "structural_low": 14.98, "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": 26, "median_return": 0.003833, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.0057, "regime_survival": 0.807692, "best_return": 0.142903, "worst_return": -0.093023, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.010613, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.005239, "regime_survival": 0.555556, "best_return": 0.132621, "worst_return": -0.119733, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.018599, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.087932, "regime_survival": 0.5, "best_return": 0.128728, "worst_return": -0.060172, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.035661, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.189826, "regime_survival": 0.5, "best_return": 0.205581, "worst_return": -0.105995, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-19", "end": "2024-02-23", "tenure": "Developing", "return": 0.07584, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-04-19", "tenure": "Developing", "return": -0.01043, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-07-26", "tenure": "Established", "return": 0.031826, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.025804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.064119, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-01", "tenure": "Developing", "return": 0.016156, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-31", "tenure": "Established", "return": -0.140452, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.050599, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2026-01-16", "tenure": "Extended", "return": -0.114443, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.007234, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.044118, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-06-05", "tenure": "Developing", "return": -0.020086, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.002506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.004143, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.042164, "volume": 38204, "typical_volume": 72871.6, "trend": 18.302695, "fair_value": 18.582112, "relative_strength": -14.752406, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.481254, "energy": 13.581571, "activity_lines": [ 18.434089, 18.297366, 18.295939, 18.244109 ] }, { "date": "2023-08-25", "close": 18.536034, "volume": 40277, "typical_volume": 70626.55, "trend": 18.285524, "fair_value": 18.58328, "relative_strength": -13.555791, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.403297, "energy": 20.116559, "activity_lines": [ 18.461698, 18.355296, 18.319038, 18.259163 ] }, { "date": "2023-09-01", "close": 18.831559, "volume": 86499, "typical_volume": 70000.35, "trend": 18.273749, "fair_value": 18.589521, "relative_strength": -14.987821, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.951426, "energy": 31.882219, "activity_lines": [ 18.553829, 18.460731, 18.367762, 18.294391 ] }, { "date": "2023-09-08", "close": 18.60477, "volume": 42843, "typical_volume": 68499.7, "trend": 18.256729, "fair_value": 18.593623, "relative_strength": -14.606963, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.443353, "energy": 22.402261, "activity_lines": [ 18.584117, 18.516661, 18.394803, 18.315748 ] }, { "date": "2023-09-15", "close": 19.115045, "volume": 70168, "typical_volume": 66747.2, "trend": 18.265722, "fair_value": 18.600655, "relative_strength": -11.476446, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.156261, "energy": 42.827906, "activity_lines": [ 18.773548, 18.648043, 18.470506, 18.371123 ] }, { "date": "2023-09-22", "close": 18.912555, "volume": 44969, "typical_volume": 64803.6, "trend": 18.265184, "fair_value": 18.604911, "relative_strength": -8.999581, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.924429, "energy": 42.356884, "activity_lines": [ 18.869094, 18.719047, 18.526201, 18.412854 ] }, { "date": "2023-09-29", "close": 19.025949, "volume": 115212, "typical_volume": 66341.55, "trend": 18.252907, "fair_value": 18.609463, "relative_strength": -8.258568, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.150019, "energy": 43.50405, "activity_lines": [ 18.944413, 18.791656, 18.584574, 18.461936 ] }, { "date": "2023-10-06", "close": 18.0135, "volume": 74279, "typical_volume": 66567.9, "trend": 18.24477, "fair_value": 18.606747, "relative_strength": -14.268519, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.424071, "energy": 15.370792, "activity_lines": [ 18.649588, 18.662006, 18.53846, 18.44649 ] }, { "date": "2023-10-13", "close": 17.511325, "volume": 40032, "typical_volume": 66434.3, "trend": 18.249031, "fair_value": 18.604137, "relative_strength": -16.320655, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.962691, "energy": 10.789084, "activity_lines": [ 18.241908, 18.459677, 18.444749, 18.399171 ] }, { "date": "2023-10-20", "close": 16.636569, "volume": 69241, "typical_volume": 63274.05, "trend": 18.274696, "fair_value": 18.592076, "relative_strength": -17.7254, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.16305, "energy": 43.707615, "activity_lines": [ 17.61554, 18.115196, 18.273334, 18.295141 ] }, { "date": "2023-10-27", "close": 15.842808, "volume": 65635, "typical_volume": 63906.5, "trend": 18.230003, "fair_value": 18.579807, "relative_strength": -19.116304, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.892034, "energy": 77.523543, "activity_lines": [ 16.889816, 17.664262, 18.039003, 18.138245 ] }, { "date": "2023-11-03", "close": 16.968652, "volume": 156948, "typical_volume": 68174.35, "trend": 18.1954, "fair_value": 18.573805, "relative_strength": -18.216139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.901595, "energy": 72.023299, "activity_lines": [ 16.744023, 17.458015, 17.925521, 18.056868 ] }, { "date": "2023-11-10", "close": 16.247788, "volume": 148690, "typical_volume": 73020.3, "trend": 18.109854, "fair_value": 18.561843, "relative_strength": -23.462549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.488235, "energy": 75.856708, "activity_lines": [ 16.495096, 17.149199, 17.749218, 17.931215 ] }, { "date": "2023-11-17", "close": 17.049648, "volume": 132338, "typical_volume": 73270.7, "trend": 18.057569, "fair_value": 18.554772, "relative_strength": -20.821006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.871425, "energy": 63.230071, "activity_lines": [ 16.631169, 17.033154, 17.65942, 17.862815 ] }, { "date": "2023-11-24", "close": 16.758063, "volume": 82436, "typical_volume": 75064.2, "trend": 17.984067, "fair_value": 18.54431, "relative_strength": -22.363921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.428412, "energy": 40.157426, "activity_lines": [ 16.700826, 16.892369, 17.54472, 17.778976 ] }, { "date": "2023-12-01", "close": 17.882873, "volume": 160412, "typical_volume": 80204.8, "trend": 18.006592, "fair_value": 18.541179, "relative_strength": -16.727612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.665536, "energy": 23.968485, "activity_lines": [ 17.137319, 16.998948, 17.542197, 17.772447 ] }, { "date": "2023-12-08", "close": 17.165249, "volume": 126398, "typical_volume": 83374.0, "trend": 18.001016, "fair_value": 18.53301, "relative_strength": -19.911939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.09423, "energy": 18.029258, "activity_lines": [ 17.198601, 16.993772, 17.471254, 17.718167 ] }, { "date": "2023-12-15", "close": 17.907619, "volume": 176378, "typical_volume": 87817.15, "trend": 17.995883, "fair_value": 18.525438, "relative_strength": -18.469171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.547676, "energy": 17.031935, "activity_lines": [ 17.494232, 17.157403, 17.475112, 17.712141 ] }, { "date": "2023-12-22", "close": 17.759145, "volume": 154608, "typical_volume": 93043.6, "trend": 17.964896, "fair_value": 18.517053, "relative_strength": -19.121419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.771241, "energy": 18.223281, "activity_lines": [ 17.629717, 17.295964, 17.470212, 17.696868 ] }, { "date": "2023-12-29", "close": 17.940613, "volume": 160725, "typical_volume": 99314.6, "trend": 17.919604, "fair_value": 18.507633, "relative_strength": -17.693042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.228342, "energy": 14.352101, "activity_lines": [ 17.778392, 17.463014, 17.485839, 17.695301 ] }, { "date": "2024-01-05", "close": 17.693156, "volume": 76128, "typical_volume": 101210.8, "trend": 17.885903, "fair_value": 18.503067, "relative_strength": -15.38823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.307933, "energy": 13.131975, "activity_lines": [ 17.765744, 17.561361, 17.481606, 17.680692 ] }, { "date": "2024-01-12", "close": 18.212815, "volume": 79174, "typical_volume": 103155.65, "trend": 17.886546, "fair_value": 18.50319, "relative_strength": -14.931103, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.945696, "energy": 18.783094, "activity_lines": [ 17.938963, 17.720549, 17.528527, 17.701783 ] }, { "date": "2024-01-19", "close": 18.163324, "volume": 75846, "typical_volume": 102623.0, "trend": 17.879433, "fair_value": 18.501638, "relative_strength": -16.751816, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.870195, "energy": 25.080531, "activity_lines": [ 18.025848, 17.848118, 17.572274, 17.719639 ] }, { "date": "2024-01-26", "close": 19.037671, "volume": 119203, "typical_volume": 106441.0, "trend": 17.925627, "fair_value": 18.507574, "relative_strength": -12.642841, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.894408, "energy": 48.662448, "activity_lines": [ 18.387135, 18.09983, 17.702474, 17.794364 ] }, { "date": "2024-02-02", "close": 19.219057, "volume": 105064, "typical_volume": 108185.8, "trend": 17.972291, "fair_value": 18.51314, "relative_strength": -12.279365, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.719285, "energy": 60.989417, "activity_lines": [ 18.723648, 18.348377, 17.847887, 17.877812 ] }, { "date": "2024-02-09", "close": 19.425353, "volume": 101079, "typical_volume": 110991.3, "trend": 18.024239, "fair_value": 18.521999, "relative_strength": -12.315871, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.511336, "energy": 69.546629, "activity_lines": [ 19.043698, 18.589686, 18.012452, 17.971557 ] }, { "date": "2024-02-16", "close": 18.971683, "volume": 116167, "typical_volume": 111039.05, "trend": 18.055754, "fair_value": 18.527469, "relative_strength": -12.445572, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.072068, "energy": 65.965171, "activity_lines": [ 19.097044, 18.720465, 18.131368, 18.032683 ] }, { "date": "2024-02-23", "close": 19.540833, "volume": 82649, "typical_volume": 111457.55, "trend": 18.07252, "fair_value": 18.536496, "relative_strength": -10.396901, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.709979, "energy": 77.082636, "activity_lines": [ 19.289516, 18.921881, 18.304748, 18.128494 ] }, { "date": "2024-03-01", "close": 19.303999, "volume": 110336, "typical_volume": 114972.75, "trend": 18.101302, "fair_value": 18.543028, "relative_strength": -12.500778, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.038309, "energy": 69.076412, "activity_lines": [ 19.311209, 19.050542, 18.448299, 18.207945 ] }, { "date": "2024-03-08", "close": 19.371114, "volume": 137365, "typical_volume": 118378.95, "trend": 18.123031, "fair_value": 18.547721, "relative_strength": -10.195347, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.84228, "energy": 53.573345, "activity_lines": [ 19.337519, 19.163317, 18.589706, 18.289868 ] }, { "date": "2024-03-15", "close": 19.29561, "volume": 157736, "typical_volume": 122984.0, "trend": 18.164813, "fair_value": 18.551397, "relative_strength": -9.0364, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.477027, "energy": 52.538228, "activity_lines": [ 19.328523, 19.236355, 18.7109, 18.365518 ] }, { "date": "2024-03-22", "close": 19.689911, "volume": 95588, "typical_volume": 119916.0, "trend": 18.203275, "fair_value": 18.557467, "relative_strength": -9.62872, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.244497, "energy": 52.528066, "activity_lines": [ 19.459611, 19.351948, 18.853204, 18.463912 ] }, { "date": "2024-03-29", "close": 19.228494, "volume": 95674, "typical_volume": 117265.2, "trend": 18.216506, "fair_value": 18.559049, "relative_strength": -10.903554, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.016619, "energy": 44.583619, "activity_lines": [ 19.389011, 19.356792, 18.938606, 18.530055 ] }, { "date": "2024-04-05", "close": 19.530513, "volume": 76504, "typical_volume": 114473.5, "trend": 18.247364, "fair_value": 18.563119, "relative_strength": -8.31785, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.541742, "energy": 44.108265, "activity_lines": [ 19.439907, 19.397181, 19.038578, 18.61483 ] }, { "date": "2024-04-12", "close": 19.278831, "volume": 151749, "typical_volume": 117939.15, "trend": 18.252824, "fair_value": 18.566288, "relative_strength": -8.482311, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.111307, "energy": 38.464165, "activity_lines": [ 19.391808, 19.382849, 19.102766, 18.681376 ] }, { "date": "2024-04-19", "close": 19.102654, "volume": 118045, "typical_volume": 115820.8, "trend": 18.259161, "fair_value": 18.568371, "relative_strength": -3.64702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.994503, "energy": 25.534334, "activity_lines": [ 19.291135, 19.335398, 19.138172, 18.736204 ] }, { "date": "2024-04-26", "close": 19.042585, "volume": 163928, "typical_volume": 117697.3, "trend": 18.259715, "fair_value": 18.570781, "relative_strength": -7.032825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.030202, "energy": 21.506972, "activity_lines": [ 19.183304, 19.282893, 19.162048, 18.786747 ] }, { "date": "2024-05-03", "close": 19.15299, "volume": 77239, "typical_volume": 112740.35, "trend": 18.297698, "fair_value": 18.571275, "relative_strength": -7.092416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.713142, "energy": 17.164539, "activity_lines": [ 19.155428, 19.249172, 19.1875, 18.844378 ] }, { "date": "2024-05-10", "close": 19.027149, "volume": 90019, "typical_volume": 109510.9, "trend": 18.348226, "fair_value": 18.571852, "relative_strength": -8.681988, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.011576, "energy": 16.416669, "activity_lines": [ 19.09064, 19.199623, 19.195036, 18.891439 ] }, { "date": "2024-05-17", "close": 19.488566, "volume": 67173, "typical_volume": 104833.3, "trend": 18.443292, "fair_value": 18.575564, "relative_strength": -8.067237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.084158, "energy": 16.585091, "activity_lines": [ 19.213215, 19.239001, 19.240479, 18.965009 ] }, { "date": "2024-05-24", "close": 18.792246, "volume": 71815, "typical_volume": 104617.65, "trend": 18.541607, "fair_value": 18.572898, "relative_strength": -12.083118, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.804462, "energy": 7.319468, "activity_lines": [ 19.0897, 19.14964, 19.212234, 18.987522 ] }, { "date": "2024-05-31", "close": 18.683708, "volume": 101262, "typical_volume": 105722.05, "trend": 18.598775, "fair_value": 18.568468, "relative_strength": -10.696449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.816263, "energy": 7.173094, "activity_lines": [ 18.950701, 19.049697, 19.168419, 18.99669 ] }, { "date": "2024-06-07", "close": 18.931344, "volume": 118501, "typical_volume": 107854.8, "trend": 18.688227, "fair_value": 18.566288, "relative_strength": -11.458801, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.983446, "energy": 10.452263, "activity_lines": [ 18.918171, 19.013074, 19.145945, 19.018146 ] }, { "date": "2024-06-14", "close": 18.615395, "volume": 118043, "typical_volume": 107796.8, "trend": 18.740419, "fair_value": 18.560549, "relative_strength": -15.500714, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.680568, "energy": 15.174961, "activity_lines": [ 18.795102, 18.924408, 19.089724, 19.013447 ] }, { "date": "2024-06-21", "close": 18.683708, "volume": 123824, "typical_volume": 108734.8, "trend": 18.804607, "fair_value": 18.55412, "relative_strength": -14.936832, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.787101, "energy": 25.516799, "activity_lines": [ 18.722254, 18.864801, 19.04202, 19.009789 ] }, { "date": "2024-06-28", "close": 18.786178, "volume": 106049, "typical_volume": 108983.3, "trend": 18.834717, "fair_value": 18.54713, "relative_strength": -14.095823, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.267637, "energy": 22.425236, "activity_lines": [ 18.73722, 18.834645, 19.006624, 19.0086 ] }, { "date": "2024-07-05", "close": 19.28145, "volume": 105459, "typical_volume": 108447.9, "trend": 18.905257, "fair_value": 18.542639, "relative_strength": -14.496032, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.469675, "energy": 4.706052, "activity_lines": [ 18.917681, 18.900293, 19.021441, 19.037421 ] }, { "date": "2024-07-12", "close": 19.409538, "volume": 114729, "typical_volume": 110051.9, "trend": 18.955321, "fair_value": 18.542419, "relative_strength": -13.393224, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.365545, "energy": 16.445157, "activity_lines": [ 19.100989, 18.984886, 19.046981, 19.069956 ] }, { "date": "2024-07-19", "close": 19.435155, "volume": 124083, "typical_volume": 110739.25, "trend": 19.011188, "fair_value": 18.54234, "relative_strength": -9.420424, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.865645, "energy": 24.060125, "activity_lines": [ 19.260956, 19.069473, 19.075586, 19.100913 ] }, { "date": "2024-07-26", "close": 19.648635, "volume": 109116, "typical_volume": 109326.8, "trend": 19.068122, "fair_value": 18.541871, "relative_strength": -5.69534, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.141243, "energy": 40.968754, "activity_lines": [ 19.437432, 19.185456, 19.123899, 19.142038 ] }, { "date": "2024-08-02", "close": 19.524817, "volume": 159255, "typical_volume": 109402.75, "trend": 19.129178, "fair_value": 18.540068, "relative_strength": -3.055044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.480029, "energy": 49.502213, "activity_lines": [ 19.508308, 19.276016, 19.159097, 19.171502 ] }, { "date": "2024-08-09", "close": 19.021005, "volume": 111777, "typical_volume": 110212.2, "trend": 19.156117, "fair_value": 18.536929, "relative_strength": -5.530864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 18.199264, "energy": 26.327466, "activity_lines": [ 19.362003, 19.261655, 19.145222, 19.164523 ] }, { "date": "2024-08-16", "close": 19.452234, "volume": 75917, "typical_volume": 109224.35, "trend": 19.199081, "fair_value": 18.536509, "relative_strength": -8.009405, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.746732, "energy": 17.503009, "activity_lines": [ 19.376804, 19.319566, 19.175602, 19.183628 ] }, { "date": "2024-08-23", "close": 19.742565, "volume": 82802, "typical_volume": 109539.25, "trend": 19.222577, "fair_value": 18.538536, "relative_strength": -7.196532, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.101209, "energy": 22.917785, "activity_lines": [ 19.485536, 19.420794, 19.232566, 19.218691 ] }, { "date": "2024-08-30", "close": 20.699486, "volume": 172272, "typical_volume": 110565.4, "trend": 19.271925, "fair_value": 18.544874, "relative_strength": -1.648021, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.176876, "energy": 64.425032, "activity_lines": [ 19.892748, 19.675513, 19.379657, 19.313976 ] }, { "date": "2024-09-06", "close": 20.951178, "volume": 118977, "typical_volume": 110612.0, "trend": 19.322786, "fair_value": 18.553968, "relative_strength": 5.831996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.854625, "energy": 83.488626, "activity_lines": [ 20.3138, 19.939345, 19.543953, 19.422315 ] }, { "date": "2024-09-13", "close": 21.333056, "volume": 100722, "typical_volume": 107451.7, "trend": 19.401498, "fair_value": 18.56551, "relative_strength": 2.031805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.085286, "energy": 90.82051, "activity_lines": [ 20.767054, 20.233245, 19.735815, 19.552009 ] }, { "date": "2024-09-20", "close": 21.74097, "volume": 101808, "typical_volume": 108680.15, "trend": 19.474836, "fair_value": 18.580354, "relative_strength": 2.814981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.807984, "energy": 94.892208, "activity_lines": [ 21.202143, 20.564009, 19.95562, 19.702943 ] }, { "date": "2024-09-27", "close": 21.810402, "volume": 109868, "typical_volume": 109672.6, "trend": 19.558383, "fair_value": 18.597884, "relative_strength": 2.475824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.098289, "energy": 92.620853, "activity_lines": [ 21.507793, 20.865007, 20.169714, 19.853625 ] }, { "date": "2024-10-04", "close": 21.602105, "volume": 266026, "typical_volume": 119615.25, "trend": 19.632749, "fair_value": 18.615634, "relative_strength": 1.619878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.101282, "energy": 87.802037, "activity_lines": [ 21.606156, 21.084947, 20.350716, 19.985478 ] }, { "date": "2024-10-11", "close": 21.65418, "volume": 69761, "typical_volume": 119512.55, "trend": 19.711368, "fair_value": 18.631202, "relative_strength": 0.812263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.493721, "energy": 84.915657, "activity_lines": [ 21.661701, 21.278838, 20.526613, 20.115893 ] }, { "date": "2024-10-18", "close": 21.784365, "volume": 69828, "typical_volume": 117940.85, "trend": 19.781183, "fair_value": 18.647421, "relative_strength": 1.33309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.664863, "energy": 67.181463, "activity_lines": [ 21.713776, 21.457683, 20.701281, 20.249634 ] }, { "date": "2024-10-25", "close": 21.393809, "volume": 130935, "typical_volume": 118562.55, "trend": 19.853361, "fair_value": 18.661641, "relative_strength": -0.522312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.704276, "energy": 59.76826, "activity_lines": [ 21.605577, 21.515275, 20.823988, 20.353675 ] }, { "date": "2024-11-01", "close": 21.28966, "volume": 86261, "typical_volume": 116973.45, "trend": 19.911999, "fair_value": 18.671487, "relative_strength": 0.720072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.135858, "energy": 48.675191, "activity_lines": [ 21.485806, 21.518629, 20.925049, 20.446339 ] }, { "date": "2024-11-08", "close": 21.758328, "volume": 99595, "typical_volume": 115762.0, "trend": 19.994649, "fair_value": 18.6885, "relative_strength": -2.370822, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.723057, "energy": 49.075019, "activity_lines": [ 21.556974, 21.579067, 21.058012, 20.565457 ] }, { "date": "2024-11-15", "close": 21.428525, "volume": 107232, "typical_volume": 115821.15, "trend": 20.072178, "fair_value": 18.704268, "relative_strength": -0.390512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.590112, "energy": 39.410223, "activity_lines": [ 21.507793, 21.560288, 21.144923, 20.657965 ] }, { "date": "2024-11-22", "close": 21.185512, "volume": 137773, "typical_volume": 117436.85, "trend": 20.143609, "fair_value": 18.720126, "relative_strength": -3.253827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.59725, "energy": 32.857564, "activity_lines": [ 21.392652, 21.488647, 21.196108, 20.729793 ] }, { "date": "2024-11-29", "close": 21.559253, "volume": 115269, "typical_volume": 117463.85, "trend": 20.223817, "fair_value": 18.735057, "relative_strength": -2.141359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.224118, "energy": 35.422621, "activity_lines": [ 21.442014, 21.487641, 21.27382, 20.821125 ] }, { "date": "2024-12-06", "close": 21.726789, "volume": 90233, "typical_volume": 115771.35, "trend": 20.313805, "fair_value": 18.751527, "relative_strength": -4.39743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.243783, "energy": 38.23499, "activity_lines": [ 21.536191, 21.5204, 21.357251, 20.918091 ] }, { "date": "2024-12-13", "close": 21.294722, "volume": 87390, "typical_volume": 114685.05, "trend": 20.374011, "fair_value": 18.764066, "relative_strength": -6.833656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.5131, "energy": 27.684905, "activity_lines": [ 21.457205, 21.476122, 21.38862, 20.981376 ] }, { "date": "2024-12-20", "close": 21.426987, "volume": 154264, "typical_volume": 114435.5, "trend": 20.461835, "fair_value": 18.776988, "relative_strength": -4.007327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.331735, "energy": 27.035134, "activity_lines": [ 21.453214, 21.46148, 21.424748, 21.04931 ] }, { "date": "2024-12-27", "close": 20.659848, "volume": 81300, "typical_volume": 112911.65, "trend": 20.527707, "fair_value": 18.784065, "relative_strength": -8.095431, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.602496, "energy": 7.319716, "activity_lines": [ 21.193612, 21.31149, 21.378756, 21.062085 ] }, { "date": "2025-01-03", "close": 21.241816, "volume": 267846, "typical_volume": 122508.1, "trend": 20.604722, "fair_value": 18.79789, "relative_strength": -4.615133, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.71328, "energy": 13.830075, "activity_lines": [ 21.163044, 21.287758, 21.380387, 21.108157 ] }, { "date": "2025-01-10", "close": 20.3865, "volume": 74859, "typical_volume": 122110.95, "trend": 20.663759, "fair_value": 18.806093, "relative_strength": -6.209462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.350796, "energy": 17.014806, "activity_lines": [ 20.868534, 21.111277, 21.292036, 21.094078 ] }, { "date": "2025-01-17", "close": 20.455895, "volume": 99705, "typical_volume": 118482.6, "trend": 20.722832, "fair_value": 18.815623, "relative_strength": -8.343035, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.434386, "energy": 26.379764, "activity_lines": [ 20.686507, 20.963835, 21.207229, 21.080667 ] }, { "date": "2025-01-24", "close": 20.79035, "volume": 78682, "typical_volume": 116467.85, "trend": 20.789638, "fair_value": 18.82934, "relative_strength": -7.986805, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.295277, "energy": 23.40305, "activity_lines": [ 20.671887, 20.900883, 21.155434, 21.085023 ] }, { "date": "2025-01-31", "close": 18.702321, "volume": 401661, "typical_volume": 131514.8, "trend": 20.770334, "fair_value": 18.828047, "relative_strength": -15.713022, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -56.044529, "energy": 61.355683, "activity_lines": [ 20.0037, 20.469893, 20.905545, 20.950358 ] }, { "date": "2025-02-07", "close": 18.684686, "volume": 135218, "typical_volume": 133185.3, "trend": 20.746172, "fair_value": 18.830634, "relative_strength": -15.550727, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.430886, "energy": 66.84643, "activity_lines": [ 19.460137, 20.080845, 20.666504, 20.8158 ] }, { "date": "2025-02-14", "close": 19.630118, "volume": 167701, "typical_volume": 136076.95, "trend": 20.752671, "fair_value": 18.838863, "relative_strength": -13.480019, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.82972, "energy": 68.544868, "activity_lines": [ 19.402193, 19.915959, 20.532058, 20.743796 ] }, { "date": "2025-02-21", "close": 19.222565, "volume": 65764, "typical_volume": 126063.85, "trend": 20.738468, "fair_value": 18.843412, "relative_strength": -12.996564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.485826, "energy": 71.744718, "activity_lines": [ 19.258823, 19.715094, 20.36918, 20.64508 ] }, { "date": "2025-02-28", "close": 19.011491, "volume": 145731, "typical_volume": 129862.35, "trend": 20.721357, "fair_value": 18.845938, "relative_strength": -10.667014, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.832725, "energy": 62.744886, "activity_lines": [ 19.127317, 19.513527, 20.19753, 20.533662 ] }, { "date": "2025-03-07", "close": 19.173138, "volume": 173567, "typical_volume": 135049.3, "trend": 20.726428, "fair_value": 18.851009, "relative_strength": -6.67539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.878157, "energy": 43.563506, "activity_lines": [ 19.168285, 19.385268, 20.05386, 20.433777 ] }, { "date": "2025-03-14", "close": 19.496433, "volume": 115318, "typical_volume": 134268.45, "trend": 20.727902, "fair_value": 18.855698, "relative_strength": -2.518575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.786123, "energy": 38.900314, "activity_lines": [ 19.285629, 19.342822, 19.953414, 20.354422 ] }, { "date": "2025-03-21", "close": 19.307844, "volume": 79626, "typical_volume": 133936.7, "trend": 20.713411, "fair_value": 18.860454, "relative_strength": -3.513336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.830285, "energy": 34.977769, "activity_lines": [ 19.285994, 19.297821, 19.844042, 20.262806 ] }, { "date": "2025-03-28", "close": 19.137217, "volume": 157050, "typical_volume": 136809.45, "trend": 20.661335, "fair_value": 18.861324, "relative_strength": -1.957128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.239941, "energy": 30.565304, "activity_lines": [ 19.250968, 19.241409, 19.727857, 20.161116 ] }, { "date": "2025-04-04", "close": 18.813923, "volume": 299516, "typical_volume": 146423.65, "trend": 20.590094, "fair_value": 18.86263, "relative_strength": 6.942918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.05238, "energy": 36.575057, "activity_lines": [ 19.113868, 19.150192, 19.593364, 20.041928 ] }, { "date": "2025-04-11", "close": 17.82608, "volume": 116922, "typical_volume": 145381.1, "trend": 20.473194, "fair_value": 18.857793, "relative_strength": -5.528401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.589472, "energy": 54.370447, "activity_lines": [ 18.660658, 18.915302, 19.377241, 19.863604 ] }, { "date": "2025-04-18", "close": 17.511766, "volume": 76094, "typical_volume": 143422.35, "trend": 20.332221, "fair_value": 18.851224, "relative_strength": -4.736536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.668453, "energy": 74.324486, "activity_lines": [ 18.19248, 18.639196, 19.147181, 19.672544 ] }, { "date": "2025-04-25", "close": 18.050589, "volume": 92731, "typical_volume": 143547.25, "trend": 20.206894, "fair_value": 18.846269, "relative_strength": -7.45026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.461853, "energy": 71.276987, "activity_lines": [ 18.036221, 18.482384, 18.987711, 19.525342 ] }, { "date": "2025-05-02", "close": 18.06855, "volume": 77608, "typical_volume": 143058.15, "trend": 20.089109, "fair_value": 18.844165, "relative_strength": -10.136553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.39951, "energy": 74.673924, "activity_lines": [ 17.969766, 18.357556, 18.847457, 19.387385 ] }, { "date": "2025-05-09", "close": 17.853021, "volume": 54164, "typical_volume": 138053.15, "trend": 19.962403, "fair_value": 18.843007, "relative_strength": -10.771769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.85438, "energy": 68.844417, "activity_lines": [ 17.902712, 18.214522, 18.70204, 19.243121 ] }, { "date": "2025-05-16", "close": 18.095491, "volume": 76459, "typical_volume": 137811.1, "trend": 19.839441, "fair_value": 18.847583, "relative_strength": -15.029581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.681292, "energy": 46.838925, "activity_lines": [ 17.980542, 18.136638, 18.596733, 19.122675 ] }, { "date": "2025-05-23", "close": 17.849429, "volume": 91839, "typical_volume": 129010.75, "trend": 19.721295, "fair_value": 18.839642, "relative_strength": -13.91278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.410845, "energy": 44.383923, "activity_lines": [ 17.958391, 18.033608, 18.480204, 18.994287 ] }, { "date": "2025-05-30", "close": 18.7157, "volume": 127015, "typical_volume": 131618.55, "trend": 19.635496, "fair_value": 18.839005, "relative_strength": -11.213989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.406647, "energy": 30.291726, "activity_lines": [ 18.202485, 18.118028, 18.46233, 18.92941 ] }, { "date": "2025-06-06", "close": 19.036017, "volume": 69421, "typical_volume": 130104.35, "trend": 19.544753, "fair_value": 18.842767, "relative_strength": -11.31745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.713088, "energy": 17.352096, "activity_lines": [ 18.509012, 18.271454, 18.48292, 18.890734 ] }, { "date": "2025-06-13", "close": 18.248951, "volume": 94047, "typical_volume": 130872.6, "trend": 19.438767, "fair_value": 18.844692, "relative_strength": -14.325461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.393678, "energy": 18.598823, "activity_lines": [ 18.488685, 18.283616, 18.435311, 18.807134 ] }, { "date": "2025-06-20", "close": 18.377078, "volume": 93348, "typical_volume": 115456.95, "trend": 19.345152, "fair_value": 18.844614, "relative_strength": -13.527228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.691757, "energy": 18.764438, "activity_lines": [ 18.484672, 18.329347, 18.412008, 18.738638 ] }, { "date": "2025-06-27", "close": 17.480189, "volume": 170666, "typical_volume": 117229.35, "trend": 19.209183, "fair_value": 18.837158, "relative_strength": -20.741385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.015664, "energy": 29.683227, "activity_lines": [ 18.162923, 18.201989, 18.304835, 18.618318 ] }, { "date": "2025-07-04", "close": 17.827962, "volume": 145307, "typical_volume": 116109.65, "trend": 19.079223, "fair_value": 18.832698, "relative_strength": -20.077675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.976956, "energy": 34.637702, "activity_lines": [ 17.981715, 18.138436, 18.236519, 18.529207 ] }, { "date": "2025-07-11", "close": 17.38867, "volume": 179183, "typical_volume": 121780.6, "trend": 18.949021, "fair_value": 18.824991, "relative_strength": -21.459016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.328022, "energy": 55.48902, "activity_lines": [ 17.713258, 17.99906, 18.134947, 18.420139 ] }, { "date": "2025-07-18", "close": 17.0592, "volume": 367144, "typical_volume": 132851.25, "trend": 18.803428, "fair_value": 18.81474, "relative_strength": -23.521396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.899107, "energy": 69.454287, "activity_lines": [ 17.444801, 17.812142, 18.01073, 18.298215 ] }, { "date": "2025-07-25", "close": 17.068352, "volume": 944967, "typical_volume": 171421.25, "trend": 18.683711, "fair_value": 18.80024, "relative_strength": -23.707791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.746836, "energy": 68.058648, "activity_lines": [ 17.258712, 17.64132, 17.896682, 18.186274 ] }, { "date": "2025-08-01", "close": 16.976833, "volume": 532465, "typical_volume": 192278.6, "trend": 18.541545, "fair_value": 18.786254, "relative_strength": -21.907604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.112739, "energy": 69.293222, "activity_lines": [ 17.129365, 17.472535, 17.78394, 18.076153 ] }, { "date": "2025-08-08", "close": 17.169023, "volume": 199404, "typical_volume": 198267.5, "trend": 18.434296, "fair_value": 18.774697, "relative_strength": -23.392476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.902953, "energy": 60.782245, "activity_lines": [ 17.097638, 17.354558, 17.7015, 17.987603 ] }, { "date": "2025-08-15", "close": 17.315454, "volume": 158816, "typical_volume": 198355.8, "trend": 18.329615, "fair_value": 18.764749, "relative_strength": -22.686097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.572039, "energy": 43.609554, "activity_lines": [ 17.158651, 17.291326, 17.643191, 17.91542 ] }, { "date": "2025-08-22", "close": 18.065913, "volume": 118035, "typical_volume": 189281.75, "trend": 18.2388, "fair_value": 18.761423, "relative_strength": -18.181496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.51802, "energy": 23.784236, "activity_lines": [ 17.474698, 17.395825, 17.665029, 17.898407 ] }, { "date": "2025-08-29", "close": 17.883446, "volume": 106550, "typical_volume": 188763.15, "trend": 18.211504, "fair_value": 18.758945, "relative_strength": -18.28213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.810331, "energy": 18.497499, "activity_lines": [ 17.662808, 17.470475, 17.673051, 17.875481 ] }, { "date": "2025-09-05", "close": 18.004848, "volume": 77688, "typical_volume": 188842.85, "trend": 18.188843, "fair_value": 18.757538, "relative_strength": -17.889607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.645637, "energy": 18.832018, "activity_lines": [ 17.837046, 17.576174, 17.692362, 17.862148 ] }, { "date": "2025-09-12", "close": 17.070986, "volume": 241947, "typical_volume": 196303.65, "trend": 18.103539, "fair_value": 18.74866, "relative_strength": -22.930899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.689115, "energy": 23.77924, "activity_lines": [ 17.631463, 17.502541, 17.620386, 17.790028 ] }, { "date": "2025-09-19", "close": 17.9208, "volume": 260202, "typical_volume": 205433.35, "trend": 18.060146, "fair_value": 18.748076, "relative_strength": -20.180596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.984708, "energy": 11.600991, "activity_lines": [ 17.715686, 17.597182, 17.634009, 17.778239 ] }, { "date": "2025-09-26", "close": 17.027935, "volume": 92815, "typical_volume": 207365.9, "trend": 17.994028, "fair_value": 18.750771, "relative_strength": -23.165979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.000757, "energy": 26.199307, "activity_lines": [ 17.461932, 17.519809, 17.563301, 17.711645 ] }, { "date": "2025-10-03", "close": 16.921569, "volume": 151123, "typical_volume": 211099.1, "trend": 17.918976, "fair_value": 18.75035, "relative_strength": -23.908912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.784534, "energy": 42.412157, "activity_lines": [ 17.24192, 17.423666, 17.486392, 17.642454 ] }, { "date": "2025-10-10", "close": 16.314559, "volume": 146649, "typical_volume": 213839.6, "trend": 17.812913, "fair_value": 18.747401, "relative_strength": -24.286371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.572104, "energy": 61.785499, "activity_lines": [ 16.883697, 17.219825, 17.357263, 17.538943 ] }, { "date": "2025-10-17", "close": 17.360484, "volume": 213448, "typical_volume": 218161.25, "trend": 17.748001, "fair_value": 18.752227, "relative_strength": -20.708945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.591188, "energy": 53.07537, "activity_lines": [ 16.986802, 17.218195, 17.335054, 17.509754 ] }, { "date": "2025-10-24", "close": 16.748804, "volume": 157349, "typical_volume": 222557.65, "trend": 17.668387, "fair_value": 18.749434, "relative_strength": -24.483093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.687131, "energy": 53.696444, "activity_lines": [ 16.866714, 17.101868, 17.261044, 17.44529 ] }, { "date": "2025-10-31", "close": 16.454638, "volume": 200904, "typical_volume": 227900.5, "trend": 17.589745, "fair_value": 18.751032, "relative_strength": -26.523163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.705272, "energy": 52.869982, "activity_lines": [ 16.726703, 16.94236, 17.169909, 17.366983 ] }, { "date": "2025-11-07", "close": 16.753474, "volume": 552902, "typical_volume": 250878.2, "trend": 17.553991, "fair_value": 18.748902, "relative_strength": -22.183615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.117641, "energy": 32.910698, "activity_lines": [ 16.724524, 16.866481, 17.115779, 17.31303 ] }, { "date": "2025-11-14", "close": 16.183818, "volume": 314593, "typical_volume": 258074.55, "trend": 17.509726, "fair_value": 18.742098, "relative_strength": -24.025638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.834236, "energy": 44.783841, "activity_lines": [ 16.543666, 16.707574, 17.015128, 17.224632 ] }, { "date": "2025-11-21", "close": 15.902819, "volume": 214871, "typical_volume": 261552.75, "trend": 17.438134, "fair_value": 18.731011, "relative_strength": -22.320243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.543953, "energy": 54.062375, "activity_lines": [ 16.277858, 16.530685, 16.893888, 17.120961 ] }, { "date": "2025-11-28", "close": 16.118448, "volume": 176917, "typical_volume": 261439.45, "trend": 17.37313, "fair_value": 18.715609, "relative_strength": -24.284897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.879245, "energy": 49.734871, "activity_lines": [ 16.181104, 16.414241, 16.802351, 17.03582 ] }, { "date": "2025-12-05", "close": 16.11518, "volume": 235580, "typical_volume": 254861.25, "trend": 17.315202, "fair_value": 18.701027, "relative_strength": -24.389194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.781689, "energy": 53.599421, "activity_lines": [ 16.125284, 16.329973, 16.716552, 16.954661 ] }, { "date": "2025-12-12", "close": 15.876366, "volume": 333836, "typical_volume": 224304.7, "trend": 17.241232, "fair_value": 18.683431, "relative_strength": -23.444365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.921504, "energy": 56.177124, "activity_lines": [ 16.01249, 16.218879, 16.612504, 16.861833 ] }, { "date": "2025-12-19", "close": 15.895471, "volume": 614292, "typical_volume": 228396.05, "trend": 17.1761, "fair_value": 18.664621, "relative_strength": -23.088061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.540254, "energy": 46.572911, "activity_lines": [ 15.964538, 16.130263, 16.515952, 16.77501 ] }, { "date": "2025-12-26", "close": 15.809498, "volume": 407329, "typical_volume": 238792.3, "trend": 17.079226, "fair_value": 18.64145, "relative_strength": -23.810753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.904781, "energy": 47.579983, "activity_lines": [ 15.907152, 16.033636, 16.416361, 16.686842 ] }, { "date": "2026-01-02", "close": 16.258469, "volume": 211617, "typical_volume": 241432.35, "trend": 16.986641, "fair_value": 18.623038, "relative_strength": -19.589631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.997709, "energy": 37.552911, "activity_lines": [ 16.005644, 16.046839, 16.366003, 16.63389 ] }, { "date": "2026-01-09", "close": 16.602361, "volume": 106260, "typical_volume": 240843.6, "trend": 16.931755, "fair_value": 18.609798, "relative_strength": -19.005041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.552188, "energy": 24.730223, "activity_lines": [ 16.209432, 16.131483, 16.35343, 16.609098 ] }, { "date": "2026-01-16", "close": 17.022674, "volume": 209430, "typical_volume": 245987.6, "trend": 16.886608, "fair_value": 18.597175, "relative_strength": -15.638709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.995873, "energy": 14.870225, "activity_lines": [ 16.520846, 16.289862, 16.387857, 16.614964 ] }, { "date": "2026-01-23", "close": 17.165963, "volume": 156683, "typical_volume": 249937.35, "trend": 16.876134, "fair_value": 18.58509, "relative_strength": -14.526565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.242405, "energy": 21.406719, "activity_lines": [ 16.803602, 16.469399, 16.440028, 16.632986 ] }, { "date": "2026-01-30", "close": 17.041779, "volume": 126407, "typical_volume": 244160.35, "trend": 16.849928, "fair_value": 18.571353, "relative_strength": -14.591772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.44844, "energy": 31.353377, "activity_lines": [ 16.960264, 16.608499, 16.484368, 16.643673 ] }, { "date": "2026-02-06", "close": 17.022674, "volume": 99204, "typical_volume": 236110.45, "trend": 16.837728, "fair_value": 18.557938, "relative_strength": -12.558828, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.417111, "energy": 45.623629, "activity_lines": [ 17.028406, 16.723418, 16.527027, 16.654818 ] }, { "date": "2026-02-13", "close": 16.764755, "volume": 92033, "typical_volume": 236071.35, "trend": 16.827913, "fair_value": 18.544602, "relative_strength": -12.31264, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.977037, "energy": 42.786664, "activity_lines": [ 16.959627, 16.775002, 16.549399, 16.65011 ] }, { "date": "2026-02-20", "close": 17.185068, "volume": 141187, "typical_volume": 235574.55, "trend": 16.831804, "fair_value": 18.533425, "relative_strength": -10.672016, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.524467, "energy": 38.479134, "activity_lines": [ 17.020127, 16.891196, 16.613054, 16.673152 ] }, { "date": "2026-02-27", "close": 17.233428, "volume": 178862, "typical_volume": 237185.2, "trend": 16.840357, "fair_value": 18.519573, "relative_strength": -9.6896, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.14643, "energy": 27.019894, "activity_lines": [ 17.08592, 16.992388, 16.68006, 16.699064 ] }, { "date": "2026-03-06", "close": 16.940508, "volume": 86634, "typical_volume": 230844.5, "trend": 16.83274, "fair_value": 18.51113, "relative_strength": -9.502856, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.037753, "energy": 22.711585, "activity_lines": [ 17.049576, 17.015996, 16.714793, 16.705525 ] }, { "date": "2026-03-13", "close": 16.271676, "volume": 157035, "typical_volume": 230828.8, "trend": 16.797947, "fair_value": 18.504003, "relative_strength": -11.459565, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -8.585829, "energy": 8.426196, "activity_lines": [ 16.797039, 16.897434, 16.687828, 16.669327 ] }, { "date": "2026-03-20", "close": 16.042222, "volume": 130816, "typical_volume": 227324.4, "trend": 16.730491, "fair_value": 18.505129, "relative_strength": -10.245994, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.953451, "energy": 20.788486, "activity_lines": [ 16.518084, 16.736912, 16.641282, 16.620571 ] }, { "date": "2026-03-27", "close": 16.130098, "volume": 79083, "typical_volume": 203633.45, "trend": 16.672046, "fair_value": 18.498375, "relative_strength": -6.020692, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.532243, "energy": 37.71318, "activity_lines": [ 16.31659, 16.602553, 16.605069, 16.581836 ] }, { "date": "2026-04-03", "close": 16.501129, "volume": 173098, "typical_volume": 196558.7, "trend": 16.621922, "fair_value": 18.488724, "relative_strength": -6.567561, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.366278, "energy": 35.785027, "activity_lines": [ 16.309104, 16.551882, 16.607161, 16.570809 ] }, { "date": "2026-04-10", "close": 16.901452, "volume": 56247, "typical_volume": 188627.5, "trend": 16.616271, "fair_value": 18.476463, "relative_strength": -7.695383, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.412272, "energy": 14.70577, "activity_lines": [ 16.483879, 16.586086, 16.645868, 16.588843 ] }, { "date": "2026-04-17", "close": 16.754993, "volume": 93905, "typical_volume": 184476.9, "trend": 16.57741, "fair_value": 18.46452, "relative_strength": -13.053227, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.778383, "energy": 11.067525, "activity_lines": [ 16.612439, 16.596212, 16.665871, 16.597793 ] }, { "date": "2026-04-24", "close": 16.598769, "volume": 73675, "typical_volume": 176381.65, "trend": 16.563105, "fair_value": 18.449364, "relative_strength": -14.986285, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.724026, "energy": 15.48463, "activity_lines": [ 16.656702, 16.5828, 16.667964, 16.599171 ] }, { "date": "2026-05-01", "close": 16.647589, "volume": 118247, "typical_volume": 165602.2, "trend": 16.553972, "fair_value": 18.445777, "relative_strength": -15.348497, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.71483, "energy": 17.397617, "activity_lines": [ 16.680136, 16.581283, 16.672405, 16.604622 ] }, { "date": "2026-05-08", "close": 16.471837, "volume": 116832, "typical_volume": 140729.2, "trend": 16.559215, "fair_value": 18.440259, "relative_strength": -19.892708, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.779537, "energy": 4.965533, "activity_lines": [ 16.610486, 16.557583, 16.656434, 16.599323 ] }, { "date": "2026-05-15", "close": 16.40427, "volume": 62990, "typical_volume": 123512.25, "trend": 16.527341, "fair_value": 18.429635, "relative_strength": -19.335398, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.518014, "energy": 9.292607, "activity_lines": [ 16.520266, 16.535445, 16.631284, 16.589326 ] }, { "date": "2026-05-22", "close": 16.344905, "volume": 83244, "typical_volume": 117093.6, "trend": 16.513878, "fair_value": 18.414611, "relative_strength": -19.926009, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.745327, "energy": 15.978456, "activity_lines": [ 16.443404, 16.512263, 16.597648, 16.577556 ] }, { "date": "2026-05-29", "close": 16.071514, "volume": 144908, "typical_volume": 119026.0, "trend": 16.501107, "fair_value": 18.393919, "relative_strength": -22.727115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.301528, "energy": 33.63798, "activity_lines": [ 16.302751, 16.438043, 16.537562, 16.549017 ] }, { "date": "2026-06-05", "close": 15.72, "volume": 100886, "typical_volume": 113598.8, "trend": 16.466658, "fair_value": 18.37479, "relative_strength": -20.102331, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.260987, "energy": 49.508107, "activity_lines": [ 16.080077, 16.299378, 16.446528, 16.498623 ] }, { "date": "2026-06-12", "close": 15.96, "volume": 91651, "typical_volume": 110347.2, "trend": 16.459197, "fair_value": 18.360473, "relative_strength": -20.016944, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.59923, "energy": 49.781256, "activity_lines": [ 15.999241, 16.211806, 16.384553, 16.465935 ] }, { "date": "2026-06-19", "close": 16.0, "volume": 64924, "typical_volume": 107273.05, "trend": 16.462437, "fair_value": 18.345237, "relative_strength": -21.169067, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.814091, "energy": 60.018679, "activity_lines": [ 15.965862, 16.141346, 16.332131, 16.436309 ] }, { "date": "2026-06-26", "close": 15.69, "volume": 87118, "typical_volume": 106668.75, "trend": 16.448155, "fair_value": 18.332661, "relative_strength": -18.494548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.73898, "energy": 63.177528, "activity_lines": [ 15.856101, 16.030912, 16.255146, 16.386475 ] }, { "date": "2026-07-03", "close": 15.6401, "volume": 239705, "typical_volume": 114052.35, "trend": 16.432319, "fair_value": 18.318693, "relative_strength": -18.861566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.158153, "energy": 57.320302, "activity_lines": [ 15.773367, 15.930768, 16.179754, 16.334342 ] }, { "date": "2026-07-10", "close": 15.95, "volume": 107753, "typical_volume": 112380.65, "trend": 16.434773, "fair_value": 18.306405, "relative_strength": -18.173197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.679225, "energy": 44.118608, "activity_lines": [ 15.822693, 15.904401, 16.139233, 16.303225 ] }, { "date": "2026-07-17", "close": 15.91, "volume": 60327, "typical_volume": 106453.9, "trend": 16.435258, "fair_value": 18.29284, "relative_strength": -14.36834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.5916, "energy": 53.457174, "activity_lines": [ 15.843353, 15.883444, 16.100783, 16.269368 ] }, { "date": "2026-07-24", "close": 15.16, "volume": 89606, "typical_volume": 106602.5, "trend": 16.413608, "fair_value": 18.267981, "relative_strength": -16.595665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.437749, "energy": 69.46848, "activity_lines": [ 15.617347, 15.736339, 15.997206, 16.187094 ] }, { "date": "2026-07-31", "close": 15.72, "volume": 142638, "typical_volume": 105882.65, "trend": 16.395659, "fair_value": 18.250542, "relative_strength": -13.491779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.872074, "energy": 47.229487, "activity_lines": [ 15.634007, 15.713675, 15.955442, 16.142345 ] }, { "date": "2026-08-07", "close": 15.755, "volume": 190725, "typical_volume": 108878.1, "trend": 16.367413, "fair_value": 18.231541, "relative_strength": -17.005277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.429334, "energy": 41.7314, "activity_lines": [ 15.660333, 15.708736, 15.919637, 16.101012 ] } ], "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." } } }