{ "ticker": { "uuid": "3c09699d-8526-4545-9cbb-1e8a59f89e31", "symbol": "GGPS3", "name": "GPS Participa\u00e7\u00f5es e Empreendimentos S.A.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -67.012, "architecture_energy": 58.582, "architecture_maturity": 75.936, "architecture_confidence": 96, "architecture_tenure": "Established", "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": 20.07, "rotation_up": 28.61, "upward_expansion": 10.61, "deceleration": 58.07, "rotation_down": 49.43, "downward_expansion": 81.61 }, "activity_lines": [ 11.824667, 11.937636, 12.533, 13.538172 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.63, "trend_reference": 14.926, "distance_from_trend": -0.220823, "trend_direction": "Weakening", "fair_value": 14.880067, "distance_from_fair_value": -0.218417, "fair_value_direction": "Weakening", "relative_strength": -28.178095, "relative_strength_direction": "Weakening", "price_momentum": -0.376073, "excess_performance": -0.319025, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.220823, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.096235, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.218417, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.203134, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281781, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.079246, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.376073, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.339129, "read": "Supply-led" } ], "volume": { "latest": 13446000, "relative_activity": 1.072128, "balance": 0.339129, "dry_up": 1.107429, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.075733, "annualized_volatility": 0.305655, "from_high_reference": -0.408142, "from_low_reference": 0.045863 }, "levels": { "trend_reference": 14.926, "fair_value_reference": 14.880067, "structural_low": 11.12, "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": 15, "median_return": -0.013158, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.027166, "regime_survival": 0.8, "best_return": 0.18987, "worst_return": -0.197164, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.047671, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.03787, "regime_survival": 0.4, "best_return": 0.070582, "worst_return": -0.21472, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.199439, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.005864, "regime_survival": 0.333333, "best_return": 0.496236, "worst_return": -0.183828, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.276718, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.148208, "regime_survival": 0.0, "best_return": 0.574487, "worst_return": -0.021051, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": 0.025952, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-11", "tenure": "New", "return": -0.036638, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": -0.089869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-05-09", "tenure": "Established", "return": -0.112331, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": -0.034018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.08174, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.087842, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.168516, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-12-19", "tenure": "Established", "return": 0.032879, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": 0.142049, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.100854, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.016342, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.102915, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.21472, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.63952, "volume": 14523121, "typical_volume": 9623443.65, "trend": 12.124541, "fair_value": 12.256664, "relative_strength": 23.096194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.941584, "energy": 59.681227, "activity_lines": [ 15.009617, 14.844792, 14.054579, 13.198759 ] }, { "date": "2023-08-25", "close": 15.702202, "volume": 22000842, "typical_volume": 10451124.7, "trend": 12.307578, "fair_value": 12.284906, "relative_strength": 30.652752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.388782, "energy": 62.738798, "activity_lines": [ 15.24029, 15.042489, 14.296344, 13.429576 ] }, { "date": "2023-09-01", "close": 16.050762, "volume": 14162003, "typical_volume": 10704715.75, "trend": 12.507228, "fair_value": 12.315523, "relative_strength": 30.471041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.589687, "energy": 63.286031, "activity_lines": [ 15.526506, 15.263218, 14.545315, 13.671072 ] }, { "date": "2023-09-08", "close": 14.996582, "volume": 9470127, "typical_volume": 10838814.45, "trend": 12.678951, "fair_value": 12.337144, "relative_strength": 23.969188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.396177, "energy": 51.570153, "activity_lines": [ 15.388782, 15.253944, 14.668627, 13.831675 ] }, { "date": "2023-09-15", "close": 15.447158, "volume": 10667541, "typical_volume": 11072561.15, "trend": 12.869854, "fair_value": 12.362024, "relative_strength": 23.306202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.829535, "energy": 51.308305, "activity_lines": [ 15.427889, 15.315, 14.81384, 14.010269 ] }, { "date": "2023-09-22", "close": 14.92857, "volume": 11792976, "typical_volume": 11200231.55, "trend": 13.042639, "fair_value": 12.382394, "relative_strength": 21.384641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.114315, "energy": 41.174901, "activity_lines": [ 15.281664, 15.272647, 14.887074, 14.14309 ] }, { "date": "2023-09-29", "close": 14.614016, "volume": 12796155, "typical_volume": 11021521.85, "trend": 13.183023, "fair_value": 12.399965, "relative_strength": 17.753388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.650843, "energy": 25.367515, "activity_lines": [ 15.011317, 15.162901, 14.912984, 14.244469 ] }, { "date": "2023-10-06", "close": 14.367472, "volume": 11243712, "typical_volume": 10983317.0, "trend": 13.311861, "fair_value": 12.415337, "relative_strength": 17.621389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.701822, "energy": 19.527088, "activity_lines": [ 14.731335, 15.011575, 14.904239, 14.320885 ] }, { "date": "2023-10-13", "close": 13.797875, "volume": 6014645, "typical_volume": 10786307.8, "trend": 13.437524, "fair_value": 12.426054, "relative_strength": 10.981117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.206871, "energy": 14.016115, "activity_lines": [ 14.373707, 14.767505, 14.831693, 14.352241 ] }, { "date": "2023-10-20", "close": 13.644849, "volume": 11710808, "typical_volume": 10895684.15, "trend": 13.56308, "fair_value": 12.435429, "relative_strength": 11.746586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.520103, "energy": 21.561991, "activity_lines": [ 14.044984, 14.524673, 14.740363, 14.365616 ] }, { "date": "2023-10-27", "close": 13.814877, "volume": 7325898, "typical_volume": 10920323.45, "trend": 13.687923, "fair_value": 12.445959, "relative_strength": 12.507888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.727835, "energy": 21.871161, "activity_lines": [ 13.893091, 14.342123, 14.661543, 14.381861 ] }, { "date": "2023-11-03", "close": 14.35047, "volume": 10492907, "typical_volume": 10990681.1, "trend": 13.824796, "fair_value": 12.460388, "relative_strength": 11.657244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.609472, "energy": 18.119508, "activity_lines": [ 13.993975, 14.271947, 14.630573, 14.424606 ] }, { "date": "2023-11-10", "close": 14.239951, "volume": 9356619, "typical_volume": 11109868.85, "trend": 13.941266, "fair_value": 12.473768, "relative_strength": 8.05556, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.927408, "energy": 14.045743, "activity_lines": [ 14.075589, 14.206254, 14.584948, 14.451391 ] }, { "date": "2023-11-17", "close": 15.311134, "volume": 13215521, "typical_volume": 11196012.25, "trend": 14.098827, "fair_value": 12.494942, "relative_strength": 11.536666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.806997, "energy": 18.502853, "activity_lines": [ 14.522766, 14.368245, 14.639924, 14.539769 ] }, { "date": "2023-11-24", "close": 15.16661, "volume": 11511700, "typical_volume": 10938645.1, "trend": 14.247602, "fair_value": 12.514732, "relative_strength": 9.579089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.26492, "energy": 26.671201, "activity_lines": [ 14.820884, 14.498241, 14.676602, 14.608658 ] }, { "date": "2023-12-01", "close": 15.33664, "volume": 10776729, "typical_volume": 10944630.5, "trend": 14.382775, "fair_value": 12.535482, "relative_strength": 8.10279, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.205887, "energy": 32.291261, "activity_lines": [ 15.074228, 14.664251, 14.728421, 14.678919 ] }, { "date": "2023-12-08", "close": 15.98275, "volume": 8965935, "typical_volume": 11080456.75, "trend": 14.506613, "fair_value": 12.560644, "relative_strength": 12.7836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.556218, "energy": 53.264067, "activity_lines": [ 15.441491, 14.940317, 14.837158, 14.782143 ] }, { "date": "2023-12-15", "close": 16.322809, "volume": 8509581, "typical_volume": 11115217.6, "trend": 14.638669, "fair_value": 12.587906, "relative_strength": 11.698951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.246491, "energy": 69.044929, "activity_lines": [ 15.813288, 15.253325, 14.972615, 14.899317 ] }, { "date": "2023-12-22", "close": 16.577852, "volume": 9388734, "typical_volume": 11172879.1, "trend": 14.760807, "fair_value": 12.616611, "relative_strength": 10.612874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.356909, "energy": 75.20699, "activity_lines": [ 16.131242, 15.577153, 15.125884, 15.024426 ] }, { "date": "2023-12-29", "close": 16.025257, "volume": 6177874, "typical_volume": 11005171.4, "trend": 14.865942, "fair_value": 12.640958, "relative_strength": 5.258487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.23055, "energy": 70.100951, "activity_lines": [ 16.180551, 15.749965, 15.220898, 15.106003 ] }, { "date": "2024-01-05", "close": 15.98275, "volume": 7668633, "typical_volume": 10662447.0, "trend": 14.960308, "fair_value": 12.664659, "relative_strength": 6.071229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.77688, "energy": 62.088099, "activity_lines": [ 16.158447, 15.871767, 15.30822, 15.178055 ] }, { "date": "2024-01-12", "close": 15.668197, "volume": 8618658, "typical_volume": 9993337.8, "trend": 15.033137, "fair_value": 12.685811, "relative_strength": 4.213412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.703518, "energy": 38.437931, "activity_lines": [ 15.988418, 15.896963, 15.359188, 15.223725 ] }, { "date": "2024-01-19", "close": 15.566179, "volume": 12025857, "typical_volume": 9886530.5, "trend": 15.087263, "fair_value": 12.705953, "relative_strength": 5.653439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.388826, "energy": 24.265325, "activity_lines": [ 15.805353, 15.879651, 15.400603, 15.258115 ] }, { "date": "2024-01-26", "close": 16.263298, "volume": 7868405, "typical_volume": 9806444.4, "trend": 15.150741, "fair_value": 12.730657, "relative_strength": 8.606373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.628089, "energy": 26.352886, "activity_lines": [ 15.905104, 15.964974, 15.510717, 15.333988 ] }, { "date": "2024-02-02", "close": 15.855229, "volume": 9198597, "typical_volume": 9732997.2, "trend": 15.181063, "fair_value": 12.752206, "relative_strength": 6.802582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.279984, "energy": 20.985639, "activity_lines": [ 15.889801, 15.958792, 15.575935, 15.379439 ] }, { "date": "2024-02-09", "close": 15.787218, "volume": 11683345, "typical_volume": 9727515.65, "trend": 15.228388, "fair_value": 12.772993, "relative_strength": 5.084481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.506754, "energy": 20.740135, "activity_lines": [ 15.863164, 15.927723, 15.632733, 15.418546 ] }, { "date": "2024-02-16", "close": 15.549175, "volume": 3984367, "typical_volume": 9286926.25, "trend": 15.253609, "fair_value": 12.791879, "relative_strength": 2.402419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.204755, "energy": 19.935313, "activity_lines": [ 15.770214, 15.845181, 15.662772, 15.439242 ] }, { "date": "2024-02-23", "close": 15.481165, "volume": 6477310, "typical_volume": 9048606.15, "trend": 15.270895, "fair_value": 12.81005, "relative_strength": 0.954728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.740867, "energy": 15.524209, "activity_lines": [ 15.662529, 15.758157, 15.68188, 15.453923 ] }, { "date": "2024-03-01", "close": 15.030588, "volume": 10784037, "typical_volume": 9287075.75, "trend": 15.258709, "fair_value": 12.824953, "relative_strength": -2.059728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.154471, "energy": 10.176386, "activity_lines": [ 15.410319, 15.604513, 15.652772, 15.438419 ] }, { "date": "2024-03-08", "close": 15.073093, "volume": 10912383, "typical_volume": 9247154.5, "trend": 15.252475, "fair_value": 12.83994, "relative_strength": -0.430891, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.569425, "energy": 14.443854, "activity_lines": [ 15.254459, 15.486729, 15.621843, 15.426444 ] }, { "date": "2024-03-15", "close": 15.838225, "volume": 11710919, "typical_volume": 9466405.55, "trend": 15.292432, "fair_value": 12.859797, "relative_strength": 4.445927, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.011466, "energy": 15.054816, "activity_lines": [ 15.405784, 15.525372, 15.656983, 15.464234 ] }, { "date": "2024-03-22", "close": 16.373819, "volume": 12748205, "typical_volume": 9579170.45, "trend": 15.314819, "fair_value": 12.882915, "relative_strength": 7.236708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.724727, "energy": 19.153685, "activity_lines": [ 15.732241, 15.664023, 15.733496, 15.534001 ] }, { "date": "2024-03-29", "close": 17.615032, "volume": 17585924, "typical_volume": 9990635.7, "trend": 15.366961, "fair_value": 12.913844, "relative_strength": 13.690734, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.158628, "energy": 65.183585, "activity_lines": [ 16.417459, 16.01552, 15.918585, 15.682402 ] }, { "date": "2024-04-05", "close": 17.045433, "volume": 12853296, "typical_volume": 9972524.45, "trend": 15.435256, "fair_value": 12.940672, "relative_strength": 10.574798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.189581, "energy": 69.730982, "activity_lines": [ 16.770553, 16.226202, 16.033355, 15.790691 ] }, { "date": "2024-04-12", "close": 17.051332, "volume": 15690636, "typical_volume": 10181471.25, "trend": 15.488729, "fair_value": 12.967193, "relative_strength": 10.758202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.897525, "energy": 73.790988, "activity_lines": [ 16.99129, 16.423735, 16.140428, 15.894954 ] }, { "date": "2024-04-19", "close": 16.170261, "volume": 18143603, "typical_volume": 10549814.95, "trend": 15.530119, "fair_value": 12.987725, "relative_strength": 5.264455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.517636, "energy": 65.176865, "activity_lines": [ 16.786454, 16.439327, 16.154614, 15.938923 ] }, { "date": "2024-04-26", "close": 16.377573, "volume": 9977419, "typical_volume": 10600389.15, "trend": 15.588904, "fair_value": 13.025196, "relative_strength": 4.989449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.499289, "energy": 35.51908, "activity_lines": [ 16.628587, 16.485647, 16.184575, 15.993598 ] }, { "date": "2024-05-03", "close": 16.498505, "volume": 7159127, "typical_volume": 10532866.45, "trend": 15.659938, "fair_value": 13.066606, "relative_strength": 3.79117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.393228, "energy": 23.471249, "activity_lines": [ 16.51078, 16.538893, 16.224173, 16.052282 ] }, { "date": "2024-05-10", "close": 16.705816, "volume": 10835754, "typical_volume": 10605217.45, "trend": 15.75687, "fair_value": 13.097794, "relative_strength": 5.551601, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.78953, "energy": 19.927786, "activity_lines": [ 16.536512, 16.611335, 16.282679, 16.119758 ] }, { "date": "2024-05-17", "close": 16.472589, "volume": 9955714, "typical_volume": 10794109.45, "trend": 15.851128, "fair_value": 13.12696, "relative_strength": 3.359336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.760589, "energy": 19.586464, "activity_lines": [ 16.507142, 16.610913, 16.318363, 16.165933 ] }, { "date": "2024-05-24", "close": 16.152987, "volume": 11485565, "typical_volume": 10984956.05, "trend": 15.929065, "fair_value": 13.144002, "relative_strength": 4.271222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.754309, "energy": 15.163938, "activity_lines": [ 16.409821, 16.526936, 16.321478, 16.185408 ] }, { "date": "2024-05-31", "close": 16.014778, "volume": 9388734, "typical_volume": 11023459.85, "trend": 15.984542, "fair_value": 13.155465, "relative_strength": 4.97621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.404307, "energy": 10.984795, "activity_lines": [ 16.267583, 16.412108, 16.31062, 16.190938 ] }, { "date": "2024-06-07", "close": 15.574243, "volume": 9240345, "typical_volume": 10884184.25, "trend": 16.029018, "fair_value": 13.160358, "relative_strength": 2.951085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.861224, "energy": 15.316468, "activity_lines": [ 16.002685, 16.22371, 16.256156, 16.164467 ] }, { "date": "2024-06-14", "close": 15.211448, "volume": 14376170, "typical_volume": 11209572.5, "trend": 16.025695, "fair_value": 13.16551, "relative_strength": 1.270232, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.052601, "energy": 25.807326, "activity_lines": [ 15.678474, 16.006455, 16.167102, 16.111721 ] }, { "date": "2024-06-21", "close": 14.891844, "volume": 13399900, "typical_volume": 11419637.65, "trend": 16.016536, "fair_value": 13.172359, "relative_strength": -2.312304, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.59832, "energy": 47.695214, "activity_lines": [ 15.347352, 15.764435, 16.052618, 16.038569 ] }, { "date": "2024-06-28", "close": 14.891844, "volume": 9436019, "typical_volume": 11307271.35, "trend": 16.00171, "fair_value": 13.177256, "relative_strength": -4.314662, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.310439, "energy": 69.613574, "activity_lines": [ 15.121614, 15.561678, 15.942722, 15.966008 ] }, { "date": "2024-07-05", "close": 14.848655, "volume": 15586763, "typical_volume": 11887391.15, "trend": 15.963906, "fair_value": 13.184566, "relative_strength": -6.259088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.238227, "energy": 70.641655, "activity_lines": [ 14.965555, 15.374313, 15.832976, 15.891618 ] }, { "date": "2024-07-12", "close": 15.211448, "volume": 19072254, "typical_volume": 12517138.35, "trend": 15.926861, "fair_value": 13.1788, "relative_strength": -5.869789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.955136, "energy": 61.462534, "activity_lines": [ 15.008169, 15.280709, 15.761117, 15.843072 ] }, { "date": "2024-07-19", "close": 14.641344, "volume": 8312355, "typical_volume": 12393554.25, "trend": 15.862311, "fair_value": 13.168746, "relative_strength": -8.371276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.346327, "energy": 60.712709, "activity_lines": [ 14.884934, 15.106851, 15.636248, 15.760135 ] }, { "date": "2024-07-26", "close": 14.891844, "volume": 11985772, "typical_volume": 12447223.7, "trend": 15.82453, "fair_value": 13.161353, "relative_strength": -6.602668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.810639, "energy": 45.551226, "activity_lines": [ 14.883206, 15.016074, 15.537089, 15.697525 ] }, { "date": "2024-08-02", "close": 15.565605, "volume": 17236212, "typical_volume": 12723488.35, "trend": 15.810626, "fair_value": 13.161655, "relative_strength": -1.028093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.296261, "energy": 28.035816, "activity_lines": [ 15.106066, 15.076539, 15.50296, 15.68082 ] }, { "date": "2024-08-09", "close": 16.127071, "volume": 14409059, "typical_volume": 12806531.05, "trend": 15.825921, "fair_value": 13.164027, "relative_strength": -1.107814, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.474492, "energy": 12.867583, "activity_lines": [ 15.471163, 15.24977, 15.523603, 15.701235 ] }, { "date": "2024-08-16", "close": 15.168259, "volume": 10361681, "typical_volume": 12445318.9, "trend": 15.812657, "fair_value": 13.157931, "relative_strength": -9.114538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.176836, "energy": 19.212876, "activity_lines": [ 15.431428, 15.246629, 15.454106, 15.658806 ] }, { "date": "2024-08-23", "close": 15.099154, "volume": 18774922, "typical_volume": 12741400.2, "trend": 15.773853, "fair_value": 13.161203, "relative_strength": -10.297537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.825846, "energy": 20.897877, "activity_lines": [ 15.371538, 15.238304, 15.389678, 15.612773 ] }, { "date": "2024-08-30", "close": 15.591517, "volume": 18964727, "typical_volume": 12905104.75, "trend": 15.765062, "fair_value": 13.172326, "relative_strength": -7.333396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.012238, "energy": 16.75269, "activity_lines": [ 15.445248, 15.321543, 15.38141, 15.60101 ] }, { "date": "2024-09-06", "close": 15.643347, "volume": 12655849, "typical_volume": 12630717.05, "trend": 15.760266, "fair_value": 13.18589, "relative_strength": -5.833904, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.809569, "energy": 9.289512, "activity_lines": [ 15.48959, 15.401483, 15.38503, 15.593157 ] }, { "date": "2024-09-13", "close": 16.032055, "volume": 7187254, "typical_volume": 12491208.8, "trend": 15.776362, "fair_value": 13.199257, "relative_strength": -3.547375, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.763526, "energy": 7.475318, "activity_lines": [ 15.658319, 15.538434, 15.428179, 15.610692 ] }, { "date": "2024-09-20", "close": 16.04933, "volume": 15611789, "typical_volume": 12913841.9, "trend": 15.795301, "fair_value": 13.209833, "relative_strength": -0.534709, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.029022, "energy": 18.410123, "activity_lines": [ 15.83914, 15.65701, 15.474618, 15.628303 ] }, { "date": "2024-09-27", "close": 16.032055, "volume": 11432633, "typical_volume": 12943685.85, "trend": 15.828684, "fair_value": 13.222091, "relative_strength": -1.817823, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.70254, "energy": 27.957988, "activity_lines": [ 15.955465, 15.75721, 15.521551, 15.643577 ] }, { "date": "2024-10-04", "close": 15.824744, "volume": 11227323, "typical_volume": 13007266.3, "trend": 15.853739, "fair_value": 13.233918, "relative_strength": -2.309567, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.947929, "energy": 25.647919, "activity_lines": [ 15.940492, 15.794432, 15.551949, 15.643323 ] }, { "date": "2024-10-11", "close": 15.444673, "volume": 7882691, "typical_volume": 12827122.6, "trend": 15.84062, "fair_value": 13.240038, "relative_strength": -3.329756, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -11.270468, "energy": 10.397516, "activity_lines": [ 15.783281, 15.745588, 15.549234, 15.616931 ] }, { "date": "2024-10-18", "close": 15.859295, "volume": 6627470, "typical_volume": 12689059.4, "trend": 15.823469, "fair_value": 13.259048, "relative_strength": -1.134819, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.586473, "energy": 5.937228, "activity_lines": [ 15.777523, 15.774329, 15.58938, 15.618136 ] }, { "date": "2024-10-25", "close": 15.064603, "volume": 16716516, "typical_volume": 13062867.95, "trend": 15.738455, "fair_value": 13.272806, "relative_strength": -5.562752, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.885325, "energy": 19.75331, "activity_lines": [ 15.518384, 15.663449, 15.554581, 15.569177 ] }, { "date": "2024-11-01", "close": 14.459947, "volume": 12151436, "typical_volume": 12951631.25, "trend": 15.652272, "fair_value": 13.277097, "relative_strength": -7.975772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.936824, "energy": 36.968554, "activity_lines": [ 15.123341, 15.444516, 15.464623, 15.486693 ] }, { "date": "2024-11-08", "close": 14.434031, "volume": 11856650, "typical_volume": 12874468.75, "trend": 15.565029, "fair_value": 13.28101, "relative_strength": -7.857545, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.798402, "energy": 57.675245, "activity_lines": [ 14.824468, 15.232494, 15.375775, 15.408097 ] }, { "date": "2024-11-15", "close": 15.297829, "volume": 12972452, "typical_volume": 13051290.4, "trend": 15.535948, "fair_value": 13.295587, "relative_strength": -2.272576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.67636, "energy": 51.819062, "activity_lines": [ 14.906241, 15.19857, 15.371374, 15.390858 ] }, { "date": "2024-11-22", "close": 15.064603, "volume": 7123689, "typical_volume": 12628136.7, "trend": 15.492182, "fair_value": 13.311656, "relative_strength": -4.694735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.156481, "energy": 48.014623, "activity_lines": [ 14.920061, 15.128524, 15.342828, 15.360449 ] }, { "date": "2024-11-29", "close": 13.993496, "volume": 13191824, "typical_volume": 12334115.2, "trend": 15.408682, "fair_value": 13.318138, "relative_strength": -8.915236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.742073, "energy": 53.676819, "activity_lines": [ 14.629826, 14.881321, 15.211243, 15.263759 ] }, { "date": "2024-12-06", "close": 13.820736, "volume": 15075594, "typical_volume": 12672277.15, "trend": 15.312512, "fair_value": 13.31439, "relative_strength": -10.011542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.500043, "energy": 53.137576, "activity_lines": [ 14.353411, 14.640087, 15.069004, 15.161311 ] }, { "date": "2024-12-13", "close": 13.017406, "volume": 12312007, "typical_volume": 12688588.9, "trend": 15.19734, "fair_value": 13.308001, "relative_strength": -14.051394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.10645, "energy": 74.855803, "activity_lines": [ 13.851833, 14.292997, 14.854166, 15.01324 ] }, { "date": "2024-12-20", "close": 12.723716, "volume": 14604403, "typical_volume": 12556998.45, "trend": 15.083031, "fair_value": 13.303569, "relative_strength": -13.982217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.118106, "energy": 83.055384, "activity_lines": [ 13.3468, 13.943553, 14.620283, 14.853651 ] }, { "date": "2024-12-27", "close": 12.248628, "volume": 5716759, "typical_volume": 12122383.45, "trend": 14.957492, "fair_value": 13.297426, "relative_strength": -15.696678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.940309, "energy": 87.455415, "activity_lines": [ 12.855013, 13.5572, 14.354686, 14.670786 ] }, { "date": "2025-01-03", "close": 12.119058, "volume": 5993384, "typical_volume": 11903968.6, "trend": 14.84232, "fair_value": 13.301014, "relative_strength": -15.112554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.768993, "energy": 90.059116, "activity_lines": [ 12.507767, 13.212938, 14.095218, 14.487662 ] }, { "date": "2025-01-10", "close": 12.23999, "volume": 16185416, "typical_volume": 11774493.3, "trend": 14.743271, "fair_value": 13.298497, "relative_strength": -14.270797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.770152, "energy": 86.277913, "activity_lines": [ 12.325794, 12.944219, 13.861788, 14.319769 ] }, { "date": "2025-01-17", "close": 11.954938, "volume": 19218209, "typical_volume": 11787167.4, "trend": 14.645374, "fair_value": 13.299646, "relative_strength": -18.341528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.729039, "energy": 85.410756, "activity_lines": [ 12.154186, 12.664035, 13.614824, 14.139877 ] }, { "date": "2025-01-24", "close": 12.317731, "volume": 15915656, "typical_volume": 11950157.75, "trend": 14.55957, "fair_value": 13.293092, "relative_strength": -15.584052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.042655, "energy": 68.29268, "activity_lines": [ 12.174341, 12.494888, 13.41973, 13.989706 ] }, { "date": "2025-01-31", "close": 12.948302, "volume": 15044478, "typical_volume": 12343018.95, "trend": 14.496225, "fair_value": 13.292501, "relative_strength": -13.550089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.990379, "energy": 52.146605, "activity_lines": [ 12.431752, 12.494574, 13.300526, 13.885754 ] }, { "date": "2025-02-07", "close": 12.395473, "volume": 17234330, "typical_volume": 12424146.0, "trend": 14.402359, "fair_value": 13.289753, "relative_strength": -15.909565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.185168, "energy": 44.477351, "activity_lines": [ 12.458242, 12.432224, 13.143356, 13.750221 ] }, { "date": "2025-02-14", "close": 13.17289, "volume": 15063081, "typical_volume": 12605668.4, "trend": 14.353411, "fair_value": 13.285907, "relative_strength": -12.888969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.581392, "energy": 31.987575, "activity_lines": [ 12.725443, 12.540277, 13.077625, 13.670901 ] }, { "date": "2025-02-21", "close": 12.991492, "volume": 15982098, "typical_volume": 12843407.15, "trend": 14.290066, "fair_value": 13.288207, "relative_strength": -13.104312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.983524, "energy": 23.351847, "activity_lines": [ 12.869985, 12.627127, 13.008234, 13.583035 ] }, { "date": "2025-02-28", "close": 11.618055, "volume": 23882511, "typical_volume": 13643398.15, "trend": 14.158481, "fair_value": 13.284796, "relative_strength": -19.264244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.765737, "energy": 39.932297, "activity_lines": [ 12.487611, 12.464733, 12.82153, 13.410647 ] }, { "date": "2025-03-07", "close": 11.756264, "volume": 10893891, "typical_volume": 13856719.2, "trend": 14.012787, "fair_value": 13.280725, "relative_strength": -19.439614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.057445, "energy": 45.704769, "activity_lines": [ 12.197951, 12.347571, 12.666211, 13.255665 ] }, { "date": "2025-03-14", "close": 12.430025, "volume": 13986924, "typical_volume": 13720239.6, "trend": 13.921513, "fair_value": 13.275264, "relative_strength": -17.022462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.443945, "energy": 42.986983, "activity_lines": [ 12.212348, 12.361863, 12.594599, 13.153552 ] }, { "date": "2025-03-21", "close": 12.127697, "volume": 10398003, "typical_volume": 13632567.95, "trend": 13.822464, "fair_value": 13.259597, "relative_strength": -20.623544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.165509, "energy": 45.891993, "activity_lines": [ 12.123665, 12.315533, 12.506738, 13.037822 ] }, { "date": "2025-03-28", "close": 11.929023, "volume": 14987114, "typical_volume": 13789091.15, "trend": 13.700381, "fair_value": 13.24463, "relative_strength": -21.042628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.055125, "energy": 43.244213, "activity_lines": [ 12.038437, 12.235121, 12.411062, 12.915664 ] }, { "date": "2025-04-04", "close": 11.315727, "volume": 20176981, "typical_volume": 14149317.6, "trend": 13.556127, "fair_value": 13.235494, "relative_strength": -21.76976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.767119, "energy": 47.275359, "activity_lines": [ 11.819609, 12.043672, 12.268906, 12.761815 ] }, { "date": "2025-04-11", "close": 11.683778, "volume": 13973083, "typical_volume": 14491787.3, "trend": 13.411184, "fair_value": 13.228984, "relative_strength": -18.892647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.535988, "energy": 44.177722, "activity_lines": [ 11.743619, 11.93736, 12.180765, 12.641019 ] }, { "date": "2025-04-18", "close": 12.596159, "volume": 7458342, "typical_volume": 14205113.2, "trend": 13.296079, "fair_value": 13.231843, "relative_strength": -13.412855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.427215, "energy": 33.529768, "activity_lines": [ 11.976589, 12.019927, 12.195616, 12.588436 ] }, { "date": "2025-04-25", "close": 13.287086, "volume": 10424138, "typical_volume": 13972540.4, "trend": 13.20458, "fair_value": 13.237105, "relative_strength": -11.646274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.136308, "energy": 9.140144, "activity_lines": [ 12.428792, 12.224468, 12.282924, 12.587856 ] }, { "date": "2025-05-02", "close": 13.464248, "volume": 8249347, "typical_volume": 13769407.4, "trend": 13.125897, "fair_value": 13.248249, "relative_strength": -10.285545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.209638, "energy": 18.539988, "activity_lines": [ 12.862756, 12.459144, 12.389645, 12.604609 ] }, { "date": "2025-05-09", "close": 13.579403, "volume": 10211740, "typical_volume": 13549774.25, "trend": 13.063721, "fair_value": 13.256451, "relative_strength": -9.941172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.845914, "energy": 34.805172, "activity_lines": [ 13.232757, 12.706161, 12.505206, 12.633867 ] }, { "date": "2025-05-16", "close": 13.800854, "volume": 11700731, "typical_volume": 13848972.85, "trend": 12.995106, "fair_value": 13.271888, "relative_strength": -9.769889, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.056947, "energy": 52.0554, "activity_lines": [ 13.525664, 12.957782, 12.637783, 12.681424 ] }, { "date": "2025-05-23", "close": 13.136499, "volume": 81144463, "typical_volume": 17606526.8, "trend": 12.930836, "fair_value": 13.280185, "relative_strength": -12.735203, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.970453, "energy": 50.626412, "activity_lines": [ 13.45598, 13.051436, 12.699696, 12.690547 ] }, { "date": "2025-05-30", "close": 13.287086, "volume": 17535537, "typical_volume": 17674032.85, "trend": 12.891741, "fair_value": 13.292808, "relative_strength": -10.683718, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.503625, "energy": 42.267421, "activity_lines": [ 13.400469, 13.159625, 12.771106, 12.71353 ] }, { "date": "2025-06-06", "close": 13.357951, "volume": 12208687, "typical_volume": 17323556.75, "trend": 12.855871, "fair_value": 13.310686, "relative_strength": -9.100941, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.720836, "energy": 25.27476, "activity_lines": [ 13.36858, 13.259618, 12.844279, 12.743609 ] }, { "date": "2025-06-13", "close": 13.154216, "volume": 14941934, "typical_volume": 17274870.65, "trend": 12.784418, "fair_value": 13.333927, "relative_strength": -10.715112, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.297046, "energy": 14.390058, "activity_lines": [ 13.275866, 13.296589, 12.891367, 12.762857 ] }, { "date": "2025-06-20", "close": 13.331377, "volume": 14565201, "typical_volume": 17250906.8, "trend": 12.726643, "fair_value": 13.35953, "relative_strength": -9.033147, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 38.596548, "energy": 23.474189, "activity_lines": [ 13.270552, 13.332343, 12.951345, 12.798144 ] }, { "date": "2025-06-27", "close": 13.437674, "volume": 15246907, "typical_volume": 17151535.65, "trend": 12.708116, "fair_value": 13.390456, "relative_strength": -7.77521, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.871261, "energy": 24.40121, "activity_lines": [ 13.331968, 13.357468, 13.019622, 12.844017 ] }, { "date": "2025-07-04", "close": 14.536073, "volume": 14272741, "typical_volume": 17112018.65, "trend": 12.731961, "fair_value": 13.423622, "relative_strength": -3.229246, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.6236, "energy": 51.343098, "activity_lines": [ 13.739438, 13.567001, 13.187546, 12.96195 ] }, { "date": "2025-07-11", "close": 13.91601, "volume": 18254341, "typical_volume": 17225630.8, "trend": 12.761914, "fair_value": 13.45436, "relative_strength": -3.481185, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.810852, "energy": 53.072801, "activity_lines": [ 13.856956, 13.641087, 13.289924, 13.03834 ] }, { "date": "2025-07-18", "close": 13.402241, "volume": 16346981, "typical_volume": 16848854.3, "trend": 12.784532, "fair_value": 13.478444, "relative_strength": -4.843451, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.579887, "energy": 45.101934, "activity_lines": [ 13.766013, 13.613547, 13.33897, 13.079652 ] }, { "date": "2025-07-25", "close": 12.861899, "volume": 15998931, "typical_volume": 17104106.3, "trend": 12.804974, "fair_value": 13.494689, "relative_strength": -8.435511, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.48229, "energy": 22.923675, "activity_lines": [ 13.478421, 13.490983, 13.328059, 13.084643 ] }, { "date": "2025-08-01", "close": 12.693597, "volume": 11352015, "typical_volume": 16972360.85, "trend": 12.824125, "fair_value": 13.499294, "relative_strength": -8.426036, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.996593, "energy": 13.799148, "activity_lines": [ 13.166026, 13.354891, 13.295853, 13.077457 ] }, { "date": "2025-08-08", "close": 12.77332, "volume": 10721027, "typical_volume": 16988512.05, "trend": 12.841903, "fair_value": 13.509157, "relative_strength": -9.718473, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.886374, "energy": 16.48533, "activity_lines": [ 12.929812, 13.241347, 13.269986, 13.07418 ] }, { "date": "2025-08-15", "close": 14.429777, "volume": 18138952, "typical_volume": 17146103.95, "trend": 12.924398, "fair_value": 13.531239, "relative_strength": 1.808334, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.29654, "energy": 22.517518, "activity_lines": [ 13.363266, 13.438318, 13.398802, 13.176623 ] }, { "date": "2025-08-22", "close": 14.925828, "volume": 17644947, "typical_volume": 17019502.25, "trend": 13.011334, "fair_value": 13.555647, "relative_strength": 4.127219, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.510643, "energy": 47.220249, "activity_lines": [ 13.92782, 13.705993, 13.562952, 13.305748 ] }, { "date": "2025-08-29", "close": 15.306724, "volume": 11177380, "typical_volume": 16879717.1, "trend": 13.089948, "fair_value": 13.579136, "relative_strength": 4.3001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.041325, "energy": 72.978364, "activity_lines": [ 14.517767, 14.01071, 13.746187, 13.453837 ] }, { "date": "2025-09-05", "close": 15.91793, "volume": 9377437, "typical_volume": 16975671.85, "trend": 13.207363, "fair_value": 13.608356, "relative_strength": 7.631432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.009549, "energy": 84.149255, "activity_lines": [ 15.14846, 14.39064, 13.970381, 13.636288 ] }, { "date": "2025-09-12", "close": 15.87364, "volume": 8625635, "typical_volume": 16885746.7, "trend": 13.297388, "fair_value": 13.640174, "relative_strength": 7.755229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.296989, "energy": 84.810788, "activity_lines": [ 15.549435, 14.717422, 14.174538, 13.808306 ] }, { "date": "2025-09-19", "close": 16.121664, "volume": 8112584, "typical_volume": 16878908.55, "trend": 13.401727, "fair_value": 13.670967, "relative_strength": 6.980168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.580264, "energy": 86.369977, "activity_lines": [ 15.826396, 15.064979, 14.389999, 13.990517 ] }, { "date": "2025-09-26", "close": 16.396265, "volume": 11409710, "typical_volume": 16938807.05, "trend": 13.561001, "fair_value": 13.704374, "relative_strength": 9.278938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.182431, "energy": 86.35124, "activity_lines": [ 16.082099, 15.422362, 14.618959, 14.183713 ] }, { "date": "2025-10-03", "close": 17.131483, "volume": 17389806, "typical_volume": 17223260.8, "trend": 13.740175, "fair_value": 13.740467, "relative_strength": 15.192948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.165684, "energy": 90.173202, "activity_lines": [ 16.484845, 15.858983, 14.904526, 14.414067 ] }, { "date": "2025-10-10", "close": 16.201387, "volume": 14148714, "typical_volume": 13873473.35, "trend": 13.865887, "fair_value": 13.774226, "relative_strength": 11.741509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.484246, "energy": 71.110604, "activity_lines": [ 16.455909, 16.048868, 15.085652, 14.572854 ] }, { "date": "2025-10-17", "close": 16.564569, "volume": 12878987, "typical_volume": 13640645.85, "trend": 14.013783, "fair_value": 13.807858, "relative_strength": 12.206071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.057513, "energy": 62.750892, "activity_lines": [ 16.529136, 16.241007, 15.286772, 14.746963 ] }, { "date": "2025-10-24", "close": 16.670866, "volume": 13660911, "typical_volume": 13713257.05, "trend": 14.171844, "fair_value": 13.842973, "relative_strength": 10.823714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.828737, "energy": 60.684721, "activity_lines": [ 16.591733, 16.383542, 15.482409, 14.918388 ] }, { "date": "2025-10-31", "close": 16.848026, "volume": 14875379, "typical_volume": 13709929.3, "trend": 14.356254, "fair_value": 13.874528, "relative_strength": 9.482897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.557377, "energy": 56.518459, "activity_lines": [ 16.676771, 16.51754, 15.679142, 15.091045 ] }, { "date": "2025-11-07", "close": 16.910034, "volume": 16956375, "typical_volume": 13829488.0, "trend": 14.530463, "fair_value": 13.915603, "relative_strength": 6.72205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.802783, "energy": 54.97882, "activity_lines": [ 16.75236, 16.627863, 15.864191, 15.255805 ] }, { "date": "2025-11-14", "close": 17.175774, "volume": 18985769, "typical_volume": 14016431.1, "trend": 14.683117, "fair_value": 13.959288, "relative_strength": 6.088364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.561272, "energy": 59.181301, "activity_lines": [ 16.931292, 16.757352, 16.057508, 15.42647 ] }, { "date": "2025-11-21", "close": 16.68858, "volume": 8757746, "typical_volume": 13740681.35, "trend": 14.7965, "fair_value": 13.999424, "relative_strength": 5.230794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.217335, "energy": 52.936153, "activity_lines": [ 16.882868, 16.77539, 16.186624, 15.555854 ] }, { "date": "2025-11-28", "close": 17.627537, "volume": 15790521, "typical_volume": 13617490.35, "trend": 14.935276, "fair_value": 14.045151, "relative_strength": 8.156343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.034279, "energy": 59.067827, "activity_lines": [ 17.139161, 16.94933, 16.394915, 15.738502 ] }, { "date": "2025-12-05", "close": 16.298826, "volume": 28440725, "typical_volume": 14222177.55, "trend": 15.025924, "fair_value": 14.089884, "relative_strength": 1.203153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.538493, "energy": 43.912724, "activity_lines": [ 16.888773, 16.854308, 16.458989, 15.826473 ] }, { "date": "2025-12-12", "close": 16.910034, "volume": 26061732, "typical_volume": 14725317.6, "trend": 15.129563, "fair_value": 14.140934, "relative_strength": 2.765744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.591001, "energy": 38.123063, "activity_lines": [ 16.878735, 16.872185, 16.567479, 15.948029 ] }, { "date": "2025-12-19", "close": 15.81, "volume": 15657360, "typical_volume": 14940584.85, "trend": 15.21868, "fair_value": 14.178479, "relative_strength": -2.447767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.223736, "energy": 20.655006, "activity_lines": [ 16.502018, 16.694083, 16.551927, 15.991928 ] }, { "date": "2025-12-26", "close": 15.91, "volume": 5866600, "typical_volume": 14697863.5, "trend": 15.30611, "fair_value": 14.216931, "relative_strength": -3.255854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.581031, "energy": 19.543581, "activity_lines": [ 16.249686, 16.541278, 16.531059, 16.036529 ] }, { "date": "2026-01-02", "close": 16.059999, "volume": 6548200, "typical_volume": 14118325.9, "trend": 15.396178, "fair_value": 14.259758, "relative_strength": -2.085377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.781138, "energy": 15.61892, "activity_lines": [ 16.099259, 16.427647, 16.50954, 16.085167 ] }, { "date": "2026-01-09", "close": 17.5, "volume": 13410700, "typical_volume": 13906613.55, "trend": 15.541038, "fair_value": 14.310857, "relative_strength": 4.763567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.211635, "energy": 19.149597, "activity_lines": [ 16.533335, 16.586942, 16.617402, 16.220897 ] }, { "date": "2026-01-16", "close": 16.299999, "volume": 13931800, "typical_volume": 14044334.55, "trend": 15.639992, "fair_value": 14.351969, "relative_strength": -3.288713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.340258, "energy": 10.261126, "activity_lines": [ 16.487333, 16.5162, 16.598719, 16.269863 ] }, { "date": "2026-01-23", "close": 18.17, "volume": 13592900, "typical_volume": 14255107.7, "trend": 15.797736, "fair_value": 14.402988, "relative_strength": -0.686127, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.397969, "energy": 40.578805, "activity_lines": [ 17.105333, 16.79655, 16.753402, 16.433089 ] }, { "date": "2026-01-30", "close": 18.74, "volume": 17267900, "typical_volume": 14687220.95, "trend": 15.937867, "fair_value": 14.458621, "relative_strength": 1.001839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.859974, "energy": 66.422854, "activity_lines": [ 17.756, 17.16246, 16.951646, 16.622912 ] }, { "date": "2026-02-06", "close": 18.639999, "volume": 18483900, "typical_volume": 15205786.75, "trend": 16.095333, "fair_value": 14.514999, "relative_strength": -0.453309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.68554, "energy": 70.128613, "activity_lines": [ 18.184666, 17.472889, 17.126717, 16.797244 ] }, { "date": "2026-02-13", "close": 18.700001, "volume": 13463000, "typical_volume": 15308451.25, "trend": 16.271925, "fair_value": 14.572563, "relative_strength": -1.969784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.071052, "energy": 74.204928, "activity_lines": [ 18.461333, 17.775819, 17.295511, 16.965287 ] }, { "date": "2026-02-20", "close": 19.549999, "volume": 5483600, "typical_volume": 14713140.95, "trend": 16.494862, "fair_value": 14.635415, "relative_strength": 0.289108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.824915, "energy": 78.639957, "activity_lines": [ 18.941333, 18.189636, 17.534286, 17.176775 ] }, { "date": "2026-02-27", "close": 18.41, "volume": 9863700, "typical_volume": 14498890.25, "trend": 16.685409, "fair_value": 14.686746, "relative_strength": -4.73706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.718977, "energy": 61.576795, "activity_lines": [ 18.824666, 18.348182, 17.652974, 17.300333 ] }, { "date": "2026-03-06", "close": 17.809999, "volume": 15783200, "typical_volume": 14644100.9, "trend": 16.853298, "fair_value": 14.73359, "relative_strength": -3.096683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.865298, "energy": 41.401362, "activity_lines": [ 18.492, 18.350363, 17.704001, 17.372887 ] }, { "date": "2026-03-13", "close": 16.85, "volume": 14621500, "typical_volume": 14692130.35, "trend": 16.933972, "fair_value": 14.777321, "relative_strength": -7.409712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.331017, "energy": 18.696024, "activity_lines": [ 17.901333, 18.143454, 17.657669, 17.372674 ] }, { "date": "2026-03-20", "close": 15.91, "volume": 23989900, "typical_volume": 15147856.4, "trend": 16.966778, "fair_value": 14.815986, "relative_strength": -11.841187, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.472206, "energy": 16.890758, "activity_lines": [ 17.116666, 17.751272, 17.520961, 17.306611 ] }, { "date": "2026-03-27", "close": 16.110001, "volume": 12179000, "typical_volume": 14908987.65, "trend": 16.993554, "fair_value": 14.854707, "relative_strength": -13.329758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.255341, "energy": 26.985506, "activity_lines": [ 16.584667, 17.424364, 17.407767, 17.251335 ] }, { "date": "2026-04-03", "close": 16.280001, "volume": 9289400, "typical_volume": 14424169.2, "trend": 17.005623, "fair_value": 14.893397, "relative_strength": -15.402877, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.266845, "energy": 31.345947, "activity_lines": [ 16.338667, 17.131818, 17.314573, 17.2053 ] }, { "date": "2026-04-10", "close": 16.17, "volume": 14314800, "typical_volume": 14702021.9, "trend": 17.015501, "fair_value": 14.928167, "relative_strength": -19.778609, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.317634, "energy": 38.701745, "activity_lines": [ 16.198, 16.853637, 17.215168, 17.151389 ] }, { "date": "2026-04-17", "close": 16.809999, "volume": 10399900, "typical_volume": 14432490.85, "trend": 17.038446, "fair_value": 14.968076, "relative_strength": -15.747233, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.989777, "energy": 29.768019, "activity_lines": [ 16.38, 16.738545, 17.179185, 17.13813 ] }, { "date": "2026-04-24", "close": 15.56, "volume": 11020900, "typical_volume": 13561499.6, "trend": 17.01057, "fair_value": 14.999208, "relative_strength": -19.714433, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.183914, "energy": 35.913996, "activity_lines": [ 16.148, 16.429455, 17.028048, 17.042747 ] }, { "date": "2026-05-01", "close": 15.08, "volume": 16848000, "typical_volume": 13100813.0, "trend": 16.942188, "fair_value": 15.023558, "relative_strength": -20.479646, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.895459, "energy": 56.267812, "activity_lines": [ 15.779333, 16.090182, 16.834714, 16.918194 ] }, { "date": "2026-05-08", "close": 14.81, "volume": 27234600, "typical_volume": 13679675.0, "trend": 16.895808, "fair_value": 15.039855, "relative_strength": -20.253467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.976065, "energy": 65.121148, "activity_lines": [ 15.389333, 15.783091, 16.624381, 16.780633 ] }, { "date": "2026-05-15", "close": 13.35, "volume": 21996200, "typical_volume": 14486155.0, "trend": 16.788656, "fair_value": 15.046194, "relative_strength": -25.007063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.33757, "energy": 83.23143, "activity_lines": [ 14.610667, 15.276, 16.279762, 16.551872 ] }, { "date": "2026-05-22", "close": 13.11, "volume": 15499100, "typical_volume": 14933700.0, "trend": 16.66996, "fair_value": 15.047452, "relative_strength": -25.608424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.291922, "energy": 87.074984, "activity_lines": [ 13.94, 14.806364, 15.924476, 16.314539 ] }, { "date": "2026-05-29", "close": 12.21, "volume": 22868000, "typical_volume": 15406565.0, "trend": 16.515359, "fair_value": 15.043214, "relative_strength": -29.387161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.863927, "energy": 92.871033, "activity_lines": [ 13.216, 14.241091, 15.497524, 16.0268 ] }, { "date": "2026-06-05", "close": 11.89, "volume": 4134600, "typical_volume": 14916705.0, "trend": 16.348025, "fair_value": 15.035126, "relative_strength": -28.915666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.965673, "energy": 92.921834, "activity_lines": [ 12.608667, 13.684909, 15.065286, 15.728389 ] }, { "date": "2026-06-12", "close": 11.65, "volume": 2634100, "typical_volume": 14368765.0, "trend": 16.163832, "fair_value": 15.023373, "relative_strength": -30.837369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.836017, "energy": 92.053308, "activity_lines": [ 12.134, 13.161818, 14.63119, 15.425291 ] }, { "date": "2026-06-19", "close": 11.25, "volume": 2755600, "typical_volume": 13643150.0, "trend": 15.982546, "fair_value": 15.006114, "relative_strength": -31.79266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.741677, "energy": 92.545346, "activity_lines": [ 11.736667, 12.650182, 14.190048, 15.108269 ] }, { "date": "2026-06-26", "close": 11.84, "volume": 2259400, "typical_volume": 12831925.0, "trend": 15.789629, "fair_value": 14.989967, "relative_strength": -29.758102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.115991, "energy": 87.193078, "activity_lines": [ 11.676, 12.335273, 13.840762, 14.841008 ] }, { "date": "2026-07-03", "close": 12.39, "volume": 3143400, "typical_volume": 12315945.0, "trend": 15.659334, "fair_value": 14.973585, "relative_strength": -26.444523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.089652, "energy": 73.640096, "activity_lines": [ 11.883333, 12.210727, 13.576238, 14.621677 ] }, { "date": "2026-07-10", "close": 12.82, "volume": 18696400, "typical_volume": 12976585.0, "trend": 15.523, "fair_value": 14.963666, "relative_strength": -24.982841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.859265, "energy": 61.008228, "activity_lines": [ 12.222, 12.222, 13.382714, 14.438495 ] }, { "date": "2026-07-17", "close": 12.54, "volume": 16995800, "typical_volume": 13333190.0, "trend": 15.414, "fair_value": 14.949226, "relative_strength": -24.439544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.84586, "energy": 48.073987, "activity_lines": [ 12.405333, 12.223455, 13.194571, 14.246043 ] }, { "date": "2026-07-24", "close": 11.48, "volume": 11341500, "typical_volume": 13111105.0, "trend": 15.266333, "fair_value": 14.926902, "relative_strength": -30.532386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.065807, "energy": 52.204006, "activity_lines": [ 12.176, 12.073455, 12.933429, 13.992237 ] }, { "date": "2026-07-31", "close": 11.72, "volume": 13771600, "typical_volume": 13068610.0, "trend": 15.121667, "fair_value": 14.903337, "relative_strength": -30.232737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.006711, "energy": 51.129377, "activity_lines": [ 12.011333, 12.001091, 12.725286, 13.763441 ] }, { "date": "2026-08-07", "close": 11.63, "volume": 13446000, "typical_volume": 12541415.0, "trend": 14.926, "fair_value": 14.880067, "relative_strength": -28.178095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.011572, "energy": 58.582371, "activity_lines": [ 11.824667, 11.937636, 12.533, 13.538172 ] } ], "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." } } }