{ "ticker": { "uuid": "3acd7990-8773-4ad1-a729-c47672c99195", "symbol": "ATLD", "name": "Atland SAS", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.18, "architecture_energy": 62.536, "architecture_maturity": 36.077, "architecture_confidence": 78.88, "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": 8.22, "rotation_up": 11.48, "upward_expansion": 10.9, "deceleration": 59.41, "rotation_down": 72.08, "downward_expansion": 84.23 }, "activity_lines": [ 34.666667, 35.367659, 36.81462, 37.549074 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 35.599998, "trend_reference": 38.412164, "distance_from_trend": -0.07321, "trend_direction": "Weakening", "fair_value": 40.317816, "distance_from_fair_value": -0.117016, "fair_value_direction": "Weakening", "relative_strength": -16.987106, "relative_strength_direction": "Weakening", "price_momentum": -0.11, "excess_performance": -0.163311, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07321, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.029097, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.117016, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.112693, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169871, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.105007, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.11, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.477284, "read": "Supply-led" } ], "volume": { "latest": 247, "relative_activity": 0.714389, "balance": 0.477284, "dry_up": 2.05423, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.04053, "annualized_volatility": 0.212238, "from_high_reference": -0.226087, "from_low_reference": 0.092025 }, "levels": { "trend_reference": 38.412164, "fair_value_reference": 40.317816, "structural_low": 32.599998, "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": 18, "median_return": 0.012454, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.00734, "regime_survival": 0.555556, "best_return": 0.097826, "worst_return": -0.113253, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.0, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": 0.029796, "regime_survival": 0.555556, "best_return": 0.131148, "worst_return": -0.036145, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.009756, "positive_rate": 0.5, "directional_follow_through": 0.333333, "median_excess_return": -0.001347, "regime_survival": 0.333333, "best_return": 0.224044, "worst_return": -0.036145, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.055235, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.018474, "regime_survival": 0.666667, "best_return": 0.275865, "worst_return": -0.081352, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.050228, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": -0.035874, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": 0.027778, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-14", "tenure": "Developing", "return": -0.022831, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": 0.004673, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.033937, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-08-01", "tenure": "Developing", "return": 0.025482, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-11-07", "tenure": "Established", "return": -0.058296, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-02-20", "tenure": "Established", "return": -0.038554, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.035088, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.036364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-29", "tenure": "Developing", "return": -0.005013, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": -0.022727, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.035079, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 34.141865, "volume": 844, "typical_volume": 1073.35, "trend": 35.647489, "fair_value": 33.127969, "relative_strength": -8.192991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.103252, "energy": 54.169179, "activity_lines": [ 34.580046, 35.032495, 35.084195, 35.327677 ] }, { "date": "2023-08-25", "close": 34.141865, "volume": 522, "typical_volume": 1078.95, "trend": 35.564998, "fair_value": 33.195464, "relative_strength": -8.704161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.566802, "energy": 69.366786, "activity_lines": [ 34.32444, 34.846106, 34.980339, 35.23054 ] }, { "date": "2023-09-01", "close": 34.507015, "volume": 9695, "typical_volume": 1512.35, "trend": 35.506248, "fair_value": 33.26427, "relative_strength": -8.174391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.348729, "energy": 66.204542, "activity_lines": [ 34.324439, 34.739551, 34.92387, 35.162283 ] }, { "date": "2023-09-08", "close": 33.959286, "volume": 1354, "typical_volume": 1536.9, "trend": 35.42924, "fair_value": 33.328535, "relative_strength": -8.521703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.028129, "energy": 63.673142, "activity_lines": [ 34.19055, 34.540212, 34.824456, 35.062479 ] }, { "date": "2023-09-15", "close": 33.411556, "volume": 837, "typical_volume": 1537.75, "trend": 35.357114, "fair_value": 33.381052, "relative_strength": -11.191818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.434037, "energy": 61.612311, "activity_lines": [ 33.922771, 34.258048, 34.683878, 34.932306 ] }, { "date": "2023-09-22", "close": 33.228981, "volume": 7961, "typical_volume": 1918.75, "trend": 35.267332, "fair_value": 33.442695, "relative_strength": -8.767026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.780485, "energy": 58.418342, "activity_lines": [ 33.654992, 33.995802, 34.533736, 34.795007 ] }, { "date": "2023-09-29", "close": 33.046402, "volume": 2285, "typical_volume": 2028.35, "trend": 35.142541, "fair_value": 33.505227, "relative_strength": -8.256024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.34178, "energy": 58.126775, "activity_lines": [ 33.387213, 33.753472, 34.371595, 34.651721 ] }, { "date": "2023-10-06", "close": 33.046402, "volume": 486, "typical_volume": 2020.5, "trend": 35.01775, "fair_value": 33.567759, "relative_strength": -6.960166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.2893, "energy": 67.529233, "activity_lines": [ 33.192464, 33.567576, 34.217364, 34.516487 ] }, { "date": "2023-10-13", "close": 32.863827, "volume": 688, "typical_volume": 2028.5, "trend": 34.886873, "fair_value": 33.629121, "relative_strength": -6.290207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.985625, "energy": 64.93654, "activity_lines": [ 33.034231, 33.388319, 34.052004, 34.377524 ] }, { "date": "2023-10-20", "close": 32.681248, "volume": 1340, "typical_volume": 2024.55, "trend": 34.74991, "fair_value": 33.690342, "relative_strength": -3.84384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.562564, "energy": 59.697112, "activity_lines": [ 32.888169, 33.209062, 33.879688, 34.235225 ] }, { "date": "2023-10-27", "close": 32.863827, "volume": 18798, "typical_volume": 2936.2, "trend": 34.613249, "fair_value": 33.746556, "relative_strength": -2.644672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.783164, "energy": 59.962268, "activity_lines": [ 32.851654, 33.092877, 33.735236, 34.113543 ] }, { "date": "2023-11-03", "close": 33.594131, "volume": 994, "typical_volume": 2945.7, "trend": 34.506715, "fair_value": 33.80951, "relative_strength": -3.711274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.014856, "energy": 51.716362, "activity_lines": [ 33.082918, 33.132711, 33.67077, 34.047793 ] }, { "date": "2023-11-10", "close": 33.594131, "volume": 528, "typical_volume": 2945.6, "trend": 34.411751, "fair_value": 33.87043, "relative_strength": -3.403209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.56636, "energy": 38.78659, "activity_lines": [ 33.277666, 33.182505, 33.612433, 33.988917 ] }, { "date": "2023-11-17", "close": 33.411556, "volume": 680, "typical_volume": 2975.7, "trend": 34.316486, "fair_value": 33.927581, "relative_strength": -6.148556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.92925, "energy": 26.696253, "activity_lines": [ 33.37504, 33.215701, 33.542837, 33.924388 ] }, { "date": "2023-11-24", "close": 33.411556, "volume": 1560, "typical_volume": 2940.1, "trend": 34.261713, "fair_value": 33.977008, "relative_strength": -6.615942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.32448, "energy": 24.410711, "activity_lines": [ 33.435899, 33.258855, 33.480239, 33.866005 ] }, { "date": "2023-12-01", "close": 33.411556, "volume": 7340, "typical_volume": 3294.05, "trend": 34.230078, "fair_value": 34.024377, "relative_strength": -7.000478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.837147, "energy": 20.676057, "activity_lines": [ 33.448071, 33.30201, 33.431552, 33.811157 ] }, { "date": "2023-12-08", "close": 35.602478, "volume": 2362, "typical_volume": 3388.05, "trend": 34.259905, "fair_value": 34.080126, "relative_strength": -3.029803, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 22.19658, "energy": 27.530991, "activity_lines": [ 34.154035, 33.740194, 33.604566, 33.899699 ] }, { "date": "2023-12-15", "close": 35.785057, "volume": 1295, "typical_volume": 3422.35, "trend": 34.307388, "fair_value": 34.13859, "relative_strength": -3.138931, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.880497, "energy": 58.161311, "activity_lines": [ 34.786969, 34.165101, 33.797576, 33.998095 ] }, { "date": "2023-12-22", "close": 36.880516, "volume": 1814, "typical_volume": 3201.35, "trend": 34.368246, "fair_value": 34.204592, "relative_strength": 0.422898, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.351957, "energy": 79.660857, "activity_lines": [ 35.638994, 34.739388, 34.092307, 34.164104 ] }, { "date": "2023-12-29", "close": 37.063087, "volume": 921, "typical_volume": 3115.2, "trend": 34.440976, "fair_value": 34.267748, "relative_strength": 1.50793, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.207785, "energy": 86.645474, "activity_lines": [ 36.320612, 35.273839, 34.393993, 34.337964 ] }, { "date": "2024-01-05", "close": 36.515362, "volume": 2821, "typical_volume": 3214.05, "trend": 34.489663, "fair_value": 34.328834, "relative_strength": 1.816743, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.939082, "energy": 78.478081, "activity_lines": [ 36.57622, 35.629034, 34.630473, 34.471796 ] }, { "date": "2024-01-12", "close": 37.063087, "volume": 880, "typical_volume": 3231.95, "trend": 34.562392, "fair_value": 34.394976, "relative_strength": 2.810123, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.730117, "energy": 90.651152, "activity_lines": [ 36.807482, 36.017424, 34.907816, 34.637823 ] }, { "date": "2024-01-19", "close": 37.428242, "volume": 839, "typical_volume": 2789.15, "trend": 34.647293, "fair_value": 34.467063, "relative_strength": 5.205512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.692855, "energy": 88.036319, "activity_lines": [ 37.063089, 36.409133, 35.206024, 34.822717 ] }, { "date": "2024-01-26", "close": 37.793404, "volume": 3026, "typical_volume": 2872.75, "trend": 34.744366, "fair_value": 34.536856, "relative_strength": 2.664529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.438634, "energy": 69.607081, "activity_lines": [ 37.330871, 36.797525, 35.525099, 35.025692 ] }, { "date": "2024-02-02", "close": 38.158554, "volume": 1129, "typical_volume": 2887.35, "trend": 34.805225, "fair_value": 34.608991, "relative_strength": 4.223172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.704227, "energy": 70.593986, "activity_lines": [ 37.65951, 37.172638, 35.860693, 35.245962 ] }, { "date": "2024-02-09", "close": 37.975975, "volume": 1655, "typical_volume": 2572.05, "trend": 34.866084, "fair_value": 34.685644, "relative_strength": 3.024819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.169401, "energy": 66.779133, "activity_lines": [ 37.854258, 37.428245, 36.156293, 35.450526 ] }, { "date": "2024-02-16", "close": 37.793404, "volume": 806, "typical_volume": 2498.1, "trend": 34.920857, "fair_value": 34.759969, "relative_strength": 0.927522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.419895, "energy": 64.21564, "activity_lines": [ 37.890775, 37.567668, 36.411901, 35.639386 ] }, { "date": "2024-02-23", "close": 37.793404, "volume": 496, "typical_volume": 2498.6, "trend": 35.00606, "fair_value": 34.832079, "relative_strength": -1.487341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.765809, "energy": 58.602994, "activity_lines": [ 37.878605, 37.667257, 36.644905, 35.824711 ] }, { "date": "2024-03-01", "close": 37.793404, "volume": 500, "typical_volume": 2489.2, "trend": 35.10952, "fair_value": 34.903366, "relative_strength": -0.987457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.485706, "energy": 48.860423, "activity_lines": [ 37.84209, 37.730329, 36.855303, 36.00454 ] }, { "date": "2024-03-08", "close": 38.341129, "volume": 4070, "typical_volume": 2625.7, "trend": 35.24341, "fair_value": 34.977186, "relative_strength": -0.599815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.18452, "energy": 53.927625, "activity_lines": [ 37.98815, 37.876391, 37.094392, 36.213031 ] }, { "date": "2024-03-15", "close": 38.341129, "volume": 1354, "typical_volume": 1753.5, "trend": 35.383386, "fair_value": 35.039679, "relative_strength": -2.018098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.43841, "energy": 53.333257, "activity_lines": [ 38.122039, 37.999215, 37.306529, 36.412884 ] }, { "date": "2024-03-22", "close": 38.341129, "volume": 466, "typical_volume": 1727.1, "trend": 35.523361, "fair_value": 35.103743, "relative_strength": -1.655181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.357297, "energy": 53.682649, "activity_lines": [ 38.231584, 38.088843, 37.492583, 36.603706 ] }, { "date": "2024-03-29", "close": 39.071434, "volume": 128, "typical_volume": 1707.1, "trend": 35.675508, "fair_value": 35.168858, "relative_strength": -0.325241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.729478, "energy": 71.205395, "activity_lines": [ 38.548049, 38.288017, 37.725585, 36.832614 ] }, { "date": "2024-04-05", "close": 41.26236, "volume": 336, "typical_volume": 1689.9, "trend": 35.918944, "fair_value": 35.248017, "relative_strength": 7.109542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.818405, "energy": 92.852788, "activity_lines": [ 39.509621, 38.855665, 38.141165, 37.193056 ] }, { "date": "2024-04-12", "close": 40.897205, "volume": 315, "typical_volume": 1627.65, "trend": 36.168466, "fair_value": 35.320718, "relative_strength": 6.719482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.469838, "energy": 92.278945, "activity_lines": [ 40.11821, 39.293849, 38.484583, 37.514234 ] }, { "date": "2024-04-19", "close": 40.897205, "volume": 229, "typical_volume": 1272.1, "trend": 36.424073, "fair_value": 35.391359, "relative_strength": 6.432338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.986995, "energy": 91.273479, "activity_lines": [ 40.556395, 39.682239, 38.792356, 37.819314 ] }, { "date": "2024-04-26", "close": 40.714626, "volume": 270, "typical_volume": 1167.5, "trend": 36.679681, "fair_value": 35.45774, "relative_strength": 4.94542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.274721, "energy": 88.16154, "activity_lines": [ 40.763315, 39.984321, 39.047094, 38.096124 ] }, { "date": "2024-05-03", "close": 40.166897, "volume": 395, "typical_volume": 1122.5, "trend": 36.917031, "fair_value": 35.519581, "relative_strength": 5.05476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.100211, "energy": 74.636973, "activity_lines": [ 40.629425, 40.133701, 39.225323, 38.321105 ] }, { "date": "2024-05-10", "close": 40.897205, "volume": 271, "typical_volume": 1045.35, "trend": 37.18481, "fair_value": 35.579925, "relative_strength": 3.438608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.710879, "energy": 65.020185, "activity_lines": [ 40.66594, 40.372711, 39.45224, 38.577891 ] }, { "date": "2024-05-17", "close": 40.897205, "volume": 1629, "typical_volume": 1080.75, "trend": 37.458675, "fair_value": 35.626883, "relative_strength": 3.917717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.432152, "energy": 58.663314, "activity_lines": [ 40.7268, 40.555288, 39.66003, 38.8174 ] }, { "date": "2024-05-24", "close": 41.62751, "volume": 1289, "typical_volume": 1004.15, "trend": 37.750798, "fair_value": 35.667196, "relative_strength": 6.570979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.055562, "energy": 62.574696, "activity_lines": [ 41.031094, 40.824173, 39.919115, 39.086357 ] }, { "date": "2024-05-31", "close": 44.731316, "volume": 1420, "typical_volume": 1031.15, "trend": 38.122037, "fair_value": 35.730495, "relative_strength": 15.611795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.659481, "energy": 76.750606, "activity_lines": [ 42.321303, 41.597635, 40.449457, 39.536713 ] }, { "date": "2024-06-07", "close": 51.121506, "volume": 1786, "typical_volume": 1078.5, "trend": 38.706283, "fair_value": 35.832696, "relative_strength": 31.183521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.226971, "energy": 98.62644, "activity_lines": [ 45.473796, 43.416764, 41.551873, 40.375389 ] }, { "date": "2024-06-14", "close": 47.599167, "volume": 628, "typical_volume": 958.6, "trend": 39.179204, "fair_value": 35.913349, "relative_strength": 29.430874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.810287, "energy": 92.677707, "activity_lines": [ 46.721869, 44.376376, 42.253622, 40.949123 ] }, { "date": "2024-06-21", "close": 47.599167, "volume": 1215, "typical_volume": 962.9, "trend": 39.652124, "fair_value": 35.989882, "relative_strength": 26.624195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.389496, "energy": 87.768209, "activity_lines": [ 47.523144, 45.220772, 42.908677, 41.492346 ] }, { "date": "2024-06-28", "close": 47.027977, "volume": 486, "typical_volume": 904.45, "trend": 40.106005, "fair_value": 36.063784, "relative_strength": 26.820765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.004964, "energy": 67.964209, "activity_lines": [ 47.687225, 45.839463, 43.464378, 41.968208 ] }, { "date": "2024-07-05", "close": 44.552818, "volume": 893, "typical_volume": 908.8, "trend": 40.404349, "fair_value": 36.120221, "relative_strength": 16.75948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.734784, "energy": 57.899454, "activity_lines": [ 46.666223, 45.896656, 43.741245, 42.255099 ] }, { "date": "2024-07-12", "close": 44.362423, "volume": 343, "typical_volume": 901.15, "trend": 40.690262, "fair_value": 36.206347, "relative_strength": 15.152813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.400755, "energy": 40.075382, "activity_lines": [ 45.593655, 45.849446, 43.967791, 42.510459 ] }, { "date": "2024-07-19", "close": 44.172028, "volume": 443, "typical_volume": 898.3, "trend": 40.933312, "fair_value": 36.28166, "relative_strength": 17.095883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.672264, "energy": 25.829618, "activity_lines": [ 44.908227, 45.691336, 44.144923, 42.735089 ] }, { "date": "2024-07-26", "close": 42.839249, "volume": 217, "typical_volume": 705.65, "trend": 41.125851, "fair_value": 36.349495, "relative_strength": 13.388042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.190819, "energy": 26.250475, "activity_lines": [ 44.007016, 45.231361, 44.164749, 42.858052 ] }, { "date": "2024-08-02", "close": 42.458454, "volume": 164, "typical_volume": 646.15, "trend": 41.323954, "fair_value": 36.414889, "relative_strength": 16.006535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.128019, "energy": 22.165914, "activity_lines": [ 43.296201, 44.666841, 44.12689, 42.944027 ] }, { "date": "2024-08-09", "close": 41.887268, "volume": 220, "typical_volume": 633.85, "trend": 41.48476, "fair_value": 36.47449, "relative_strength": 13.693647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.413366, "energy": 16.509626, "activity_lines": [ 42.699625, 43.983361, 44.015025, 42.98037 ] }, { "date": "2024-08-16", "close": 41.887268, "volume": 78, "typical_volume": 631.35, "trend": 41.633394, "fair_value": 36.523433, "relative_strength": 10.587098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.319535, "energy": 20.329177, "activity_lines": [ 42.280753, 43.35159, 43.886275, 43.006338 ] }, { "date": "2024-08-23", "close": 41.887268, "volume": 147, "typical_volume": 621.9, "trend": 41.769856, "fair_value": 36.568112, "relative_strength": 8.398247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.596632, "energy": 19.978623, "activity_lines": [ 42.026892, 42.887715, 43.744115, 43.022717 ] }, { "date": "2024-08-30", "close": 41.887268, "volume": 239, "typical_volume": 618.1, "trend": 41.894147, "fair_value": 36.614923, "relative_strength": 7.324855, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.877893, "energy": 22.468383, "activity_lines": [ 41.925347, 42.527692, 43.59898, 43.030292 ] }, { "date": "2024-09-06", "close": 41.887268, "volume": 566, "typical_volume": 634.95, "trend": 42.024523, "fair_value": 36.663865, "relative_strength": 10.972195, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.470299, "energy": 38.093983, "activity_lines": [ 41.887268, 42.271522, 43.44913, 43.029848 ] }, { "date": "2024-09-13", "close": 41.887268, "volume": 118, "typical_volume": 627.35, "trend": 42.160985, "fair_value": 36.712808, "relative_strength": 8.851613, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.515899, "energy": 34.39403, "activity_lines": [ 41.887268, 42.10882, 43.294566, 43.020993 ] }, { "date": "2024-09-20", "close": 41.506474, "volume": 128, "typical_volume": 614.0, "trend": 42.284754, "fair_value": 36.761441, "relative_strength": 6.995678, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.746697, "energy": 44.709225, "activity_lines": [ 41.760337, 41.925347, 43.098151, 42.978766 ] }, { "date": "2024-09-27", "close": 41.506474, "volume": 696, "typical_volume": 635.25, "trend": 42.408523, "fair_value": 36.802613, "relative_strength": 2.726821, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.323961, "energy": 39.010485, "activity_lines": [ 41.658792, 41.7938, 42.895358, 42.928555 ] }, { "date": "2024-10-04", "close": 41.696869, "volume": 200, "typical_volume": 563.8, "trend": 42.520381, "fair_value": 36.845006, "relative_strength": 6.290573, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -29.073051, "energy": 35.43286, "activity_lines": [ 41.646098, 41.745335, 42.707796, 42.882642 ] }, { "date": "2024-10-11", "close": 41.506474, "volume": 84, "typical_volume": 503.55, "trend": 42.625893, "fair_value": 36.897902, "relative_strength": 4.990553, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -31.322817, "energy": 39.22836, "activity_lines": [ 41.582632, 41.683024, 42.498293, 42.817228 ] }, { "date": "2024-10-18", "close": 41.696869, "volume": 188, "typical_volume": 441.95, "trend": 42.737751, "fair_value": 36.936032, "relative_strength": 4.721628, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -27.960246, "energy": 27.515135, "activity_lines": [ 41.608018, 41.672638, 42.3075, 42.757291 ] }, { "date": "2024-10-25", "close": 40.935284, "volume": 232, "typical_volume": 364.25, "trend": 42.799879, "fair_value": 36.968213, "relative_strength": 4.153989, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.958905, "energy": 50.851107, "activity_lines": [ 41.392235, 41.527244, 42.058624, 42.641003 ] }, { "date": "2024-11-01", "close": 42.648853, "volume": 1510, "typical_volume": 408.35, "trend": 42.846095, "fair_value": 37.009247, "relative_strength": 9.41192, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.23226, "energy": 23.491011, "activity_lines": [ 41.785722, 41.710717, 42.021451, 42.631259 ] }, { "date": "2024-11-08", "close": 43.791233, "volume": 2430, "typical_volume": 469.1, "trend": 42.942563, "fair_value": 37.061868, "relative_strength": 12.926114, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.484447, "energy": 11.268034, "activity_lines": [ 42.483843, 42.088049, 42.11665, 42.692236 ] }, { "date": "2024-11-15", "close": 42.458454, "volume": 373, "typical_volume": 463.45, "trend": 42.994605, "fair_value": 37.110209, "relative_strength": 10.039762, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.212689, "energy": 13.907684, "activity_lines": [ 42.59808, 42.188439, 42.10305, 42.661003 ] }, { "date": "2024-11-22", "close": 41.887268, "volume": 281, "typical_volume": 432.85, "trend": 43.033693, "fair_value": 37.153822, "relative_strength": 8.310357, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.027527, "energy": 15.968649, "activity_lines": [ 42.458456, 42.174592, 42.05681, 42.589562 ] }, { "date": "2024-11-29", "close": 40.935284, "volume": 2413, "typical_volume": 536.35, "trend": 43.059306, "fair_value": 37.190267, "relative_strength": 5.716667, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.828826, "energy": 15.371602, "activity_lines": [ 41.988812, 41.987658, 41.932599, 42.454181 ] }, { "date": "2024-12-06", "close": 40.554489, "volume": 955, "typical_volume": 561.95, "trend": 43.047882, "fair_value": 37.222139, "relative_strength": 1.761906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.582242, "energy": 38.610983, "activity_lines": [ 41.392235, 41.741873, 41.788442, 42.29258 ] }, { "date": "2024-12-13", "close": 40.935284, "volume": 334, "typical_volume": 567.8, "trend": 43.049151, "fair_value": 37.254321, "relative_strength": 2.657844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.267144, "energy": 46.568032, "activity_lines": [ 41.062215, 41.582632, 41.697777, 42.156283 ] }, { "date": "2024-12-20", "close": 41.125679, "volume": 328, "typical_volume": 576.0, "trend": 43.032423, "fair_value": 37.287723, "relative_strength": 4.758318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.640178, "energy": 45.205475, "activity_lines": [ 40.986056, 41.471855, 41.634311, 42.032188 ] }, { "date": "2024-12-27", "close": 40.554489, "volume": 134, "typical_volume": 571.7, "trend": 42.893196, "fair_value": 37.308936, "relative_strength": 1.949246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.43355, "energy": 49.975337, "activity_lines": [ 40.808352, 41.26415, 41.522793, 41.872322 ] }, { "date": "2025-01-03", "close": 41.506474, "volume": 90, "typical_volume": 572.3, "trend": 42.572695, "fair_value": 37.328791, "relative_strength": 5.099435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.523825, "energy": 29.574314, "activity_lines": [ 41.036828, 41.250303, 41.508287, 41.782856 ] }, { "date": "2025-01-10", "close": 42.077663, "volume": 1395, "typical_volume": 634.7, "trend": 42.388645, "fair_value": 37.357637, "relative_strength": 4.154338, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.910998, "energy": 14.294574, "activity_lines": [ 41.417621, 41.329923, 41.549992, 41.750918 ] }, { "date": "2025-01-17", "close": 42.268063, "volume": 1143, "typical_volume": 679.9, "trend": 42.210941, "fair_value": 37.389836, "relative_strength": 0.699089, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.457673, "energy": 10.476979, "activity_lines": [ 41.760336, 41.454547, 41.608925, 41.743139 ] }, { "date": "2025-01-24", "close": 41.696869, "volume": 298, "typical_volume": 666.5, "trend": 42.033238, "fair_value": 37.422636, "relative_strength": -3.497144, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.982263, "energy": 15.352553, "activity_lines": [ 41.823802, 41.503012, 41.611645, 41.709973 ] }, { "date": "2025-01-31", "close": 41.506474, "volume": 431, "typical_volume": 682.15, "trend": 41.931693, "fair_value": 37.46594, "relative_strength": -4.276072, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.41274, "energy": 15.945101, "activity_lines": [ 41.785722, 41.530706, 41.597138, 41.675988 ] }, { "date": "2025-02-07", "close": 41.506474, "volume": 77, "typical_volume": 679.6, "trend": 41.836494, "fair_value": 37.501783, "relative_strength": -4.631255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.757914, "energy": 12.904973, "activity_lines": [ 41.684177, 41.565324, 41.584445, 41.648554 ] }, { "date": "2025-02-14", "close": 41.887268, "volume": 204, "typical_volume": 655.0, "trend": 41.760336, "fair_value": 37.53154, "relative_strength": -6.259413, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.952605, "energy": 5.350529, "activity_lines": [ 41.709564, 41.658791, 41.608018, 41.65183 ] }, { "date": "2025-02-21", "close": 41.316078, "volume": 128, "typical_volume": 651.4, "trend": 41.709563, "fair_value": 37.583216, "relative_strength": -7.370438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.576921, "energy": 14.467185, "activity_lines": [ 41.557247, 41.624174, 41.575379, 41.623168 ] }, { "date": "2025-02-28", "close": 40.935284, "volume": 243, "typical_volume": 659.35, "trend": 41.658791, "fair_value": 37.618595, "relative_strength": -7.830766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.756528, "energy": 22.47099, "activity_lines": [ 41.341464, 41.513398, 41.508287, 41.573215 ] }, { "date": "2025-03-07", "close": 40.935284, "volume": 253, "typical_volume": 662.6, "trend": 41.627058, "fair_value": 37.660369, "relative_strength": -8.020413, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.253431, "energy": 37.489172, "activity_lines": [ 41.176453, 41.406083, 41.443915, 41.526537 ] }, { "date": "2025-03-14", "close": 40.744884, "volume": 771, "typical_volume": 689.55, "trend": 41.588979, "fair_value": 37.703055, "relative_strength": -7.516165, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.9413, "energy": 48.123562, "activity_lines": [ 40.986055, 41.257227, 41.365036, 41.469623 ] }, { "date": "2025-03-21", "close": 40.744884, "volume": 165, "typical_volume": 622.3, "trend": 41.550899, "fair_value": 37.738279, "relative_strength": -7.802007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.941956, "energy": 52.956392, "activity_lines": [ 40.84643, 41.122218, 41.287064, 41.415165 ] }, { "date": "2025-03-28", "close": 41.887268, "volume": 230, "typical_volume": 512.3, "trend": 41.550899, "fair_value": 37.777629, "relative_strength": -3.876231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.995703, "energy": 24.249422, "activity_lines": [ 41.163759, 41.219147, 41.326957, 41.436866 ] }, { "date": "2025-04-04", "close": 41.696869, "volume": 166, "typical_volume": 501.95, "trend": 41.544553, "fair_value": 37.81789, "relative_strength": 3.897073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.977845, "energy": 10.849837, "activity_lines": [ 41.379541, 41.288382, 41.357783, 41.446283 ] }, { "date": "2025-04-11", "close": 40.935284, "volume": 463, "typical_volume": 511.05, "trend": 41.51282, "fair_value": 37.853269, "relative_strength": 4.203723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.738295, "energy": 16.040965, "activity_lines": [ 41.29069, 41.219147, 41.319703, 41.406976 ] }, { "date": "2025-04-18", "close": 42.077663, "volume": 652, "typical_volume": 423.0, "trend": 41.53186, "fair_value": 37.908761, "relative_strength": 4.20441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.799468, "energy": 12.096216, "activity_lines": [ 41.582632, 41.368003, 41.394955, 41.443417 ] }, { "date": "2025-04-25", "close": 41.982464, "volume": 169, "typical_volume": 383.7, "trend": 41.547726, "fair_value": 37.957248, "relative_strength": 0.327272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.71634, "energy": 16.441562, "activity_lines": [ 41.753989, 41.489164, 41.455701, 41.472488 ] }, { "date": "2025-05-02", "close": 42.172859, "volume": 167, "typical_volume": 375.35, "trend": 41.563592, "fair_value": 37.998429, "relative_strength": -2.383908, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.449368, "energy": 31.705281, "activity_lines": [ 41.906305, 41.643212, 41.527779, 41.51282 ] }, { "date": "2025-05-09", "close": 43.124844, "volume": 347, "typical_volume": 376.3, "trend": 41.617538, "fair_value": 38.058502, "relative_strength": -0.040896, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.953839, "energy": 54.301057, "activity_lines": [ 42.356911, 41.95477, 41.68463, 41.613546 ] }, { "date": "2025-05-16", "close": 43.505638, "volume": 355, "typical_volume": 387.35, "trend": 41.67783, "fair_value": 38.110358, "relative_strength": -1.159596, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.46851, "energy": 70.561109, "activity_lines": [ 42.839249, 42.295753, 41.868227, 41.735358 ] }, { "date": "2025-05-23", "close": 44.076828, "volume": 98, "typical_volume": 387.75, "trend": 41.782548, "fair_value": 38.161611, "relative_strength": 1.91441, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.644632, "energy": 79.777056, "activity_lines": [ 43.340627, 42.693855, 42.092169, 41.890133 ] }, { "date": "2025-05-30", "close": 45.219208, "volume": 374, "typical_volume": 336.7, "trend": 41.868227, "fair_value": 38.219122, "relative_strength": 4.234988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.148531, "energy": 88.980048, "activity_lines": [ 44.089521, 43.239082, 42.41267, 42.111853 ] }, { "date": "2025-06-06", "close": 46.266388, "volume": 1483, "typical_volume": 353.7, "trend": 41.950732, "fair_value": 38.288675, "relative_strength": 6.092925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.539713, "energy": 89.765504, "activity_lines": [ 44.971692, 43.893354, 42.817943, 42.395605 ] }, { "date": "2025-06-13", "close": 45.600002, "volume": 892, "typical_volume": 383.4, "trend": 42.05545, "fair_value": 38.363549, "relative_strength": 6.350298, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.596601, "energy": 82.105365, "activity_lines": [ 45.358832, 44.346845, 43.140711, 42.631042 ] }, { "date": "2025-06-20", "close": 44.900002, "volume": 483, "typical_volume": 386.0, "trend": 42.155875, "fair_value": 38.421145, "relative_strength": 6.147166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.547701, "energy": 59.492044, "activity_lines": [ 45.347628, 44.602096, 43.378226, 42.814561 ] }, { "date": "2025-06-27", "close": 45.599998, "volume": 4095, "typical_volume": 586.9, "trend": 42.311365, "fair_value": 38.488558, "relative_strength": 6.505926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.187873, "energy": 50.601828, "activity_lines": [ 45.476799, 44.912534, 43.666247, 43.036763 ] }, { "date": "2025-07-04", "close": 45.799999, "volume": 3439, "typical_volume": 748.65, "trend": 42.486216, "fair_value": 38.557438, "relative_strength": 6.853379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.898045, "energy": 46.867674, "activity_lines": [ 45.571092, 45.195294, 43.953823, 43.261836 ] }, { "date": "2025-07-11", "close": 45.799999, "volume": 3773, "typical_volume": 930.9, "trend": 42.648373, "fair_value": 38.626318, "relative_strength": 4.999281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.425826, "energy": 46.547822, "activity_lines": [ 45.626666, 45.408643, 44.222767, 43.475628 ] }, { "date": "2025-07-18", "close": 45.400002, "volume": 2176, "typical_volume": 1027.55, "trend": 42.79085, "fair_value": 38.690408, "relative_strength": 4.191555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.928659, "energy": 43.563091, "activity_lines": [ 45.58, 45.483318, 44.432264, 43.653153 ] }, { "date": "2025-07-25", "close": 45.0, "volume": 1446, "typical_volume": 1087.2, "trend": 42.939034, "fair_value": 38.757497, "relative_strength": 3.100442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.840516, "energy": 33.966652, "activity_lines": [ 45.413333, 45.443898, 44.582405, 43.795679 ] }, { "date": "2025-08-01", "close": 45.200001, "volume": 4138, "typical_volume": 1255.55, "trend": 43.062151, "fair_value": 38.822531, "relative_strength": 7.466709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.373416, "energy": 29.415734, "activity_lines": [ 45.306667, 45.413673, 44.732238, 43.941547 ] }, { "date": "2025-08-08", "close": 44.599998, "volume": 363, "typical_volume": 1265.45, "trend": 43.146229, "fair_value": 38.885943, "relative_strength": 3.345096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.663124, "energy": 21.452636, "activity_lines": [ 45.026666, 45.253934, 44.803713, 44.040763 ] }, { "date": "2025-08-15", "close": 45.200001, "volume": 55, "typical_volume": 1256.7, "trend": 43.24396, "fair_value": 38.950977, "relative_strength": 2.321215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.029404, "energy": 19.075361, "activity_lines": [ 45.026667, 45.214546, 44.913974, 44.173265 ] }, { "date": "2025-08-22", "close": 44.900002, "volume": 60, "typical_volume": 1251.4, "trend": 43.350732, "fair_value": 39.01075, "relative_strength": 1.015555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.172894, "energy": 16.931236, "activity_lines": [ 44.966667, 45.14, 44.979888, 44.280106 ] }, { "date": "2025-08-29", "close": 44.200001, "volume": 407, "typical_volume": 1248.6, "trend": 43.440516, "fair_value": 39.060474, "relative_strength": 2.783502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.501247, "energy": 11.742979, "activity_lines": [ 44.706668, 44.95091, 44.963883, 44.334898 ] }, { "date": "2025-09-05", "close": 44.299999, "volume": 37, "typical_volume": 1217.85, "trend": 43.533633, "fair_value": 39.109727, "relative_strength": 3.380202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.902852, "energy": 11.477769, "activity_lines": [ 44.533334, 44.792728, 44.941854, 44.390348 ] }, { "date": "2025-09-12", "close": 44.400002, "volume": 1006, "typical_volume": 1259.7, "trend": 43.617391, "fair_value": 39.160733, "relative_strength": 1.599295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.794412, "energy": 13.08343, "activity_lines": [ 44.453334, 44.676364, 44.918768, 44.446243 ] }, { "date": "2025-09-19", "close": 44.700001, "volume": 1099, "typical_volume": 1306.3, "trend": 43.730189, "fair_value": 39.219224, "relative_strength": 1.861246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.667286, "energy": 15.198285, "activity_lines": [ 44.486668, 44.640001, 44.91274, 44.516089 ] }, { "date": "2025-09-26", "close": 44.400002, "volume": 1566, "typical_volume": 1367.25, "trend": 43.845679, "fair_value": 39.292479, "relative_strength": 0.848851, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.296124, "energy": 26.779426, "activity_lines": [ 44.453335, 44.569092, 44.866108, 44.559303 ] }, { "date": "2025-10-03", "close": 44.5, "volume": 140, "typical_volume": 1356.5, "trend": 43.964503, "fair_value": 39.367487, "relative_strength": -1.553557, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.375407, "energy": 14.25454, "activity_lines": [ 44.486668, 44.534546, 44.822926, 44.601517 ] }, { "date": "2025-10-10", "close": 44.599998, "volume": 1447, "typical_volume": 1423.95, "trend": 44.093007, "fair_value": 39.428674, "relative_strength": 0.651784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.116945, "energy": 9.877271, "activity_lines": [ 44.533333, 44.527273, 44.784534, 44.642516 ] }, { "date": "2025-10-17", "close": 44.0, "volume": 2335, "typical_volume": 1522.0, "trend": 44.201511, "fair_value": 39.482679, "relative_strength": -3.783357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.675887, "energy": 8.849298, "activity_lines": [ 44.36, 44.421818, 44.686507, 44.636516 ] }, { "date": "2025-10-24", "close": 44.0, "volume": 2895, "typical_volume": 1592.6, "trend": 44.271935, "fair_value": 39.531121, "relative_strength": -4.348543, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.694263, "energy": 19.384886, "activity_lines": [ 44.213333, 44.327273, 44.594286, 44.623515 ] }, { "date": "2025-10-31", "close": 43.700001, "volume": 426, "typical_volume": 1569.3, "trend": 44.338706, "fair_value": 39.578752, "relative_strength": -3.653267, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.014368, "energy": 25.163832, "activity_lines": [ 44.013333, 44.2, 44.484286, 44.586616 ] }, { "date": "2025-11-07", "close": 42.0, "volume": 628, "typical_volume": 1576.55, "trend": 44.374197, "fair_value": 39.615486, "relative_strength": -5.187502, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -55.334566, "energy": 63.323775, "activity_lines": [ 43.293333, 43.785455, 44.221429, 44.435732 ] }, { "date": "2025-11-14", "close": 41.5, "volume": 732, "typical_volume": 1408.4, "trend": 44.354941, "fair_value": 39.651239, "relative_strength": -8.597783, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.52701, "energy": 80.222126, "activity_lines": [ 42.573334, 43.32, 43.924762, 44.2503 ] }, { "date": "2025-11-21", "close": 39.0, "volume": 2158, "typical_volume": 1344.35, "trend": 44.255526, "fair_value": 39.669855, "relative_strength": -11.816053, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.193714, "energy": 91.31361, "activity_lines": [ 41.226667, 42.450909, 43.409524, 43.90482 ] }, { "date": "2025-11-28", "close": 40.5, "volume": 142, "typical_volume": 1162.8, "trend": 44.199764, "fair_value": 39.698086, "relative_strength": -9.793036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.712768, "energy": 85.479226, "activity_lines": [ 40.713333, 41.952727, 43.069524, 43.662528 ] }, { "date": "2025-12-05", "close": 40.400002, "volume": 320, "typical_volume": 1070.0, "trend": 44.108936, "fair_value": 39.726788, "relative_strength": -9.776114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.873922, "energy": 82.982813, "activity_lines": [ 40.400001, 41.512728, 42.745238, 43.417382 ] }, { "date": "2025-12-12", "close": 36.799999, "volume": 1792, "typical_volume": 1087.3, "trend": 43.885414, "fair_value": 39.735751, "relative_strength": -17.067555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.82035, "energy": 92.720133, "activity_lines": [ 39.106667, 40.490909, 42.101905, 42.945838 ] }, { "date": "2025-12-19", "close": 35.799999, "volume": 2575, "typical_volume": 1009.15, "trend": 43.60952, "fair_value": 39.738303, "relative_strength": -19.786427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.412278, "energy": 90.747338, "activity_lines": [ 37.826666, 39.427273, 41.402381, 42.424198 ] }, { "date": "2025-12-26", "close": 38.200001, "volume": 181, "typical_volume": 1000.05, "trend": 43.375547, "fair_value": 39.754015, "relative_strength": -13.661625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.567986, "energy": 70.682836, "activity_lines": [ 37.726667, 38.96, 40.976191, 42.075197 ] }, { "date": "2026-01-02", "close": 39.799999, "volume": 665, "typical_volume": 1030.55, "trend": 43.16, "fair_value": 39.775534, "relative_strength": -10.786178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.944811, "energy": 57.651193, "activity_lines": [ 38.213333, 38.889091, 40.732857, 41.844516 ] }, { "date": "2026-01-09", "close": 40.400002, "volume": 196, "typical_volume": 1037.35, "trend": 42.986667, "fair_value": 39.802012, "relative_strength": -10.987154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.519765, "energy": 45.528658, "activity_lines": [ 38.946667, 39.003637, 40.572381, 41.666452 ] }, { "date": "2026-01-16", "close": 40.400002, "volume": 225, "typical_volume": 1028.25, "trend": 42.836667, "fair_value": 39.826264, "relative_strength": -9.686402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.966305, "energy": 25.930625, "activity_lines": [ 39.680001, 39.178182, 40.433334, 41.49957 ] }, { "date": "2026-01-23", "close": 39.700001, "volume": 355, "typical_volume": 1044.15, "trend": 42.64, "fair_value": 39.84603, "relative_strength": -9.865176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.651886, "energy": 25.686055, "activity_lines": [ 39.940001, 39.254546, 40.245715, 41.297205 ] }, { "date": "2026-01-30", "close": 39.799999, "volume": 92, "typical_volume": 998.45, "trend": 42.44, "fair_value": 39.868661, "relative_strength": -9.350254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.213632, "energy": 23.359444, "activity_lines": [ 39.973334, 39.381819, 40.089524, 41.113979 ] }, { "date": "2026-02-06", "close": 40.0, "volume": 304, "typical_volume": 958.7, "trend": 42.246667, "fair_value": 39.892574, "relative_strength": -10.398358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.284037, "energy": 19.852579, "activity_lines": [ 39.966667, 39.530909, 39.974286, 40.956559 ] }, { "date": "2026-02-13", "close": 40.0, "volume": 268, "typical_volume": 893.8, "trend": 42.066667, "fair_value": 39.920937, "relative_strength": -10.708546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.537663, "energy": 19.897228, "activity_lines": [ 39.946667, 39.689091, 39.881429, 40.811613 ] }, { "date": "2026-02-20", "close": 39.900002, "volume": 1345, "typical_volume": 954.05, "trend": 41.896667, "fair_value": 39.946435, "relative_strength": -12.944533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.658531, "energy": 16.330379, "activity_lines": [ 39.920001, 39.836364, 39.8, 40.671828 ] }, { "date": "2026-02-27", "close": 39.900002, "volume": 210, "typical_volume": 892.2, "trend": 41.72, "fair_value": 39.96637, "relative_strength": -13.484041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.866148, "energy": 18.195915, "activity_lines": [ 39.926668, 39.927274, 39.740477, 40.543011 ] }, { "date": "2026-03-06", "close": 38.400002, "volume": 588, "typical_volume": 804.85, "trend": 41.513334, "fair_value": 39.976689, "relative_strength": -10.54356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.495775, "energy": 30.542973, "activity_lines": [ 39.420002, 39.67091, 39.560477, 40.328818 ] }, { "date": "2026-03-13", "close": 38.5, "volume": 393, "typical_volume": 679.75, "trend": 41.290001, "fair_value": 39.98765, "relative_strength": -9.31363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.620664, "energy": 48.684842, "activity_lines": [ 39.040001, 39.429092, 39.416667, 40.134409 ] }, { "date": "2026-03-20", "close": 38.5, "volume": 143, "typical_volume": 665.6, "trend": 41.076667, "fair_value": 39.998611, "relative_strength": -6.389863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.631124, "energy": 66.28285, "activity_lines": [ 38.760001, 39.21091, 39.299048, 39.954409 ] }, { "date": "2026-03-27", "close": 39.599998, "volume": 163, "typical_volume": 642.35, "trend": 40.923334, "fair_value": 40.01551, "relative_strength": -4.117964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.222497, "energy": 57.308457, "activity_lines": [ 38.946666, 39.227273, 39.310953, 39.85914 ] }, { "date": "2026-04-03", "close": 39.700001, "volume": 326, "typical_volume": 622.05, "trend": 40.77, "fair_value": 40.034163, "relative_strength": -6.770638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.169806, "energy": 35.644987, "activity_lines": [ 39.186667, 39.276364, 39.34381, 39.780215 ] }, { "date": "2026-04-10", "close": 39.900002, "volume": 98, "typical_volume": 519.05, "trend": 40.62, "fair_value": 40.056323, "relative_strength": -9.369213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.599828, "energy": 13.488826, "activity_lines": [ 39.506667, 39.361819, 39.404286, 39.724087 ] }, { "date": "2026-04-17", "close": 39.900002, "volume": 57, "typical_volume": 514.8, "trend": 40.46, "fair_value": 40.079596, "relative_strength": -10.815399, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.15216, "energy": 18.337864, "activity_lines": [ 39.726668, 39.445455, 39.460477, 39.677635 ] }, { "date": "2026-04-24", "close": 39.099998, "volume": 106, "typical_volume": 504.1, "trend": 40.283334, "fair_value": 40.105527, "relative_strength": -9.484864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.232999, "energy": 20.114904, "activity_lines": [ 39.586667, 39.385455, 39.443334, 39.589893 ] }, { "date": "2026-05-01", "close": 39.700001, "volume": 203, "typical_volume": 424.65, "trend": 40.123334, "fair_value": 40.139754, "relative_strength": -7.429232, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.387473, "energy": 12.861945, "activity_lines": [ 39.606667, 39.45091, 39.489524, 39.552259 ] }, { "date": "2026-05-08", "close": 40.0, "volume": 63, "typical_volume": 299.05, "trend": 39.97, "fair_value": 40.173679, "relative_strength": -6.486386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.675445, "energy": 7.678145, "activity_lines": [ 39.72, 39.574546, 39.550477, 39.544302 ] }, { "date": "2026-05-15", "close": 40.0, "volume": 46, "typical_volume": 292.3, "trend": 39.836667, "fair_value": 40.209829, "relative_strength": -4.435147, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.559647, "energy": 8.778553, "activity_lines": [ 39.813333, 39.696364, 39.591429, 39.546237 ] }, { "date": "2026-05-22", "close": 39.799999, "volume": 62, "typical_volume": 262.15, "trend": 39.696667, "fair_value": 40.240247, "relative_strength": -6.553729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.145075, "energy": 22.227401, "activity_lines": [ 39.833333, 39.752727, 39.604762, 39.543871 ] }, { "date": "2026-05-29", "close": 39.700001, "volume": 303, "typical_volume": 267.5, "trend": 39.563334, "fair_value": 40.271137, "relative_strength": -7.224544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.565674, "energy": 23.738871, "activity_lines": [ 39.826667, 39.767273, 39.608572, 39.544086 ] }, { "date": "2026-06-05", "close": 37.849998, "volume": 10, "typical_volume": 256.75, "trend": 39.425, "fair_value": 40.289055, "relative_strength": -11.493072, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -31.209866, "energy": 29.0333, "activity_lines": [ 39.163333, 39.423636, 39.439524, 39.433549 ] }, { "date": "2026-06-12", "close": 37.276516, "volume": 29, "typical_volume": 240.45, "trend": 39.284218, "fair_value": 40.30441, "relative_strength": -13.749874, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.586182, "energy": 65.334006, "activity_lines": [ 38.432172, 39.007548, 39.228002, 39.294937 ] }, { "date": "2026-06-19", "close": 36.989773, "volume": 14, "typical_volume": 236.55, "trend": 39.21721, "fair_value": 40.317926, "relative_strength": -14.644322, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.700628, "energy": 85.91388, "activity_lines": [ 37.786995, 38.583388, 39.000711, 39.146908 ] }, { "date": "2026-06-26", "close": 36.894192, "volume": 22, "typical_volume": 222.45, "trend": 39.097016, "fair_value": 40.33083, "relative_strength": -14.005427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.547295, "energy": 92.810264, "activity_lines": [ 37.31064, 38.194763, 38.777699, 38.997036 ] }, { "date": "2026-07-03", "close": 37.754421, "volume": 281, "typical_volume": 223.1, "trend": 39.00883, "fair_value": 40.339943, "relative_strength": -12.778504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.720588, "energy": 87.702081, "activity_lines": [ 37.314748, 38.017195, 38.651404, 38.910417 ] }, { "date": "2026-07-10", "close": 34.400002, "volume": 2291, "typical_volume": 270.4, "trend": 38.92883, "fair_value": 40.328724, "relative_strength": -18.384384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.035392, "energy": 97.380089, "activity_lines": [ 36.330422, 37.254197, 38.216333, 38.613073 ] }, { "date": "2026-07-17", "close": 35.700001, "volume": 730, "typical_volume": 296.4, "trend": 38.925497, "fair_value": 40.325838, "relative_strength": -14.804953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.277079, "energy": 86.319331, "activity_lines": [ 36.009429, 36.823926, 37.931262, 38.404762 ] }, { "date": "2026-07-24", "close": 33.400002, "volume": 1231, "typical_volume": 328.55, "trend": 38.765497, "fair_value": 40.31406, "relative_strength": -20.075749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.347354, "energy": 75.243973, "activity_lines": [ 35.02687, 36.053656, 37.447143, 38.048278 ] }, { "date": "2026-07-31", "close": 34.0, "volume": 633, "typical_volume": 340.55, "trend": 38.572164, "fair_value": 40.30964, "relative_strength": -19.333455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.028291, "energy": 74.830419, "activity_lines": [ 34.483629, 35.512476, 37.043977, 37.740827 ] }, { "date": "2026-08-07", "close": 35.599998, "volume": 247, "typical_volume": 345.75, "trend": 38.412164, "fair_value": 40.317816, "relative_strength": -16.987106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.179901, "energy": 62.536029, "activity_lines": [ 34.666667, 35.367659, 36.81462, 37.549074 ] } ], "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." } } }