{ "ticker": { "uuid": "3ed8efd8-a4af-467e-9ad0-9bf80d7447b7", "symbol": "CSC", "name": "Crown Seal Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 66.241, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 98.058, "architecture_energy": 96.939, "architecture_maturity": 29.35, "architecture_confidence": 61.607, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.0, "rotation_up": 88.67, "upward_expansion": 99.77, "deceleration": 39.08, "rotation_down": 9.33, "downward_expansion": 21.77 }, "activity_lines": [ 45.183333, 44.754545, 44.272619, 43.949164 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 46.5, "trend_reference": 43.585393, "distance_from_trend": 0.066871, "trend_direction": "Improving", "fair_value": 41.116874, "distance_from_fair_value": 0.130923, "fair_value_direction": "Improving", "relative_strength": -7.404391, "relative_strength_direction": "Improving", "price_momentum": 0.081085, "excess_performance": -0.11124, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066871, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015803, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.130923, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056195, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.074044, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05222, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.081085, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 536.0, "read": "Demand-led" } ], "volume": { "latest": 53900, "relative_activity": 4.194553, "balance": 536.0, "dry_up": 1.715953, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.010753, "annualized_volatility": 0.081452, "from_high_reference": 0.0, "from_low_reference": 0.111797 }, "levels": { "trend_reference": 43.585393, "fair_value_reference": 41.116874, "structural_low": 42.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.005155, "positive_rate": 0.304348, "directional_follow_through": 0.304348, "median_excess_return": -0.012378, "regime_survival": 0.695652, "best_return": 0.062857, "worst_return": -0.044199, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.001618, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.01852, "regime_survival": 0.333333, "best_return": 0.028571, "worst_return": -0.027473, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.008032, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.031973, "regime_survival": 0.333333, "best_return": 0.04, "worst_return": -0.014034, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.021336, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.073286, "regime_survival": 0.25, "best_return": 0.058035, "worst_return": -0.042781, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-01-03", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": 0.003925, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.047619, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-08-15", "tenure": "Established", "return": 0.04, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.033333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.005495, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.016484, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-01-30", "tenure": "Developing", "return": 0.016854, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.01105, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-03-27", "tenure": "Developing", "return": -0.00578, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.035294, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.056818, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 39.494247, "volume": 2400, "typical_volume": 12095.0, "trend": 39.569707, "fair_value": 39.355617, "relative_strength": 4.640761, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.659347, "energy": 10.872169, "activity_lines": [ 39.608104, 39.544707, 39.477983, 39.518708 ] }, { "date": "2023-08-25", "close": 39.707729, "volume": 1200, "typical_volume": 11945.0, "trend": 39.581558, "fair_value": 39.37082, "relative_strength": 2.315545, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.962094, "energy": 14.610871, "activity_lines": [ 39.636568, 39.57964, 39.502381, 39.527613 ] }, { "date": "2023-09-01", "close": 39.280769, "volume": 1200, "typical_volume": 11930.0, "trend": 39.57238, "fair_value": 39.367651, "relative_strength": 1.060442, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.145638, "energy": 14.300196, "activity_lines": [ 39.50848, 39.540826, 39.486116, 39.508207 ] }, { "date": "2023-09-08", "close": 39.707729, "volume": 500, "typical_volume": 10580.0, "trend": 39.570637, "fair_value": 39.366016, "relative_strength": 2.965903, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.382969, "energy": 1.3863, "activity_lines": [ 39.551177, 39.579641, 39.512547, 39.516939 ] }, { "date": "2023-09-15", "close": 39.707729, "volume": 2800, "typical_volume": 9805.0, "trend": 39.575691, "fair_value": 39.380017, "relative_strength": 3.190595, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.920617, "energy": 8.774789, "activity_lines": [ 39.608105, 39.602929, 39.537961, 39.525784 ] }, { "date": "2023-09-22", "close": 39.280769, "volume": 10700, "typical_volume": 10190.0, "trend": 39.55292, "fair_value": 39.39128, "relative_strength": 3.250582, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.137043, "energy": 11.177642, "activity_lines": [ 39.508481, 39.548589, 39.520679, 39.506756 ] }, { "date": "2023-09-29", "close": 39.067284, "volume": 1900, "typical_volume": 6540.0, "trend": 39.529829, "fair_value": 39.40358, "relative_strength": 6.11338, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.439135, "energy": 25.155954, "activity_lines": [ 39.351927, 39.455433, 39.484082, 39.475425 ] }, { "date": "2023-10-06", "close": 38.426834, "volume": 12700, "typical_volume": 6520.0, "trend": 39.480016, "fair_value": 39.414181, "relative_strength": 6.619156, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.200407, "energy": 62.970883, "activity_lines": [ 39.024587, 39.253595, 39.384457, 39.404264 ] }, { "date": "2023-10-13", "close": 38.64032, "volume": 3000, "typical_volume": 5840.0, "trend": 39.430203, "fair_value": 39.41292, "relative_strength": 6.17602, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.467527, "energy": 70.560623, "activity_lines": [ 38.825337, 39.113862, 39.30923, 39.35009 ] }, { "date": "2023-10-20", "close": 38.64032, "volume": 3000, "typical_volume": 4690.0, "trend": 39.387507, "fair_value": 39.422483, "relative_strength": 9.811674, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.690015, "energy": 72.767441, "activity_lines": [ 38.697248, 38.997417, 39.237053, 39.29913 ] }, { "date": "2023-10-27", "close": 38.213352, "volume": 11200, "typical_volume": 5170.0, "trend": 39.323462, "fair_value": 39.422093, "relative_strength": 9.204972, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.168881, "energy": 78.491384, "activity_lines": [ 38.497997, 38.818868, 39.127262, 39.223378 ] }, { "date": "2023-11-03", "close": 37.99987, "volume": 7300, "typical_volume": 5145.0, "trend": 39.266534, "fair_value": 39.425146, "relative_strength": 6.005953, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.7812, "energy": 67.421319, "activity_lines": [ 38.298746, 38.624792, 39.004255, 39.137985 ] }, { "date": "2023-11-10", "close": 38.853802, "volume": 4400, "typical_volume": 5250.0, "trend": 39.23807, "fair_value": 39.425254, "relative_strength": 10.423251, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.816868, "energy": 41.457766, "activity_lines": [ 38.4553, 38.61703, 38.971724, 39.111357 ] }, { "date": "2023-11-17", "close": 37.786385, "volume": 4000, "typical_volume": 5290.0, "trend": 39.181141, "fair_value": 39.413708, "relative_strength": 5.223138, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.277171, "energy": 48.045579, "activity_lines": [ 38.227584, 38.422954, 38.839568, 39.0177 ] }, { "date": "2023-11-24", "close": 37.99987, "volume": 6400, "typical_volume": 4170.0, "trend": 39.138444, "fair_value": 39.39391, "relative_strength": 7.001376, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.806471, "energy": 43.198602, "activity_lines": [ 38.127959, 38.302627, 38.732827, 38.941489 ] }, { "date": "2023-12-01", "close": 38.64032, "volume": 2600, "typical_volume": 4235.0, "trend": 39.10998, "fair_value": 39.379419, "relative_strength": 9.850882, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.836591, "energy": 32.745334, "activity_lines": [ 38.284514, 38.329798, 38.695214, 38.909352 ] }, { "date": "2023-12-08", "close": 37.786385, "volume": 10000, "typical_volume": 4690.0, "trend": 39.081515, "fair_value": 39.351036, "relative_strength": 7.138623, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.738702, "energy": 40.683282, "activity_lines": [ 38.127959, 38.213353, 38.579323, 38.823959 ] }, { "date": "2023-12-15", "close": 38.426834, "volume": 800, "typical_volume": 4520.0, "trend": 39.053051, "fair_value": 39.329164, "relative_strength": 7.898522, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.58951, "energy": 29.357583, "activity_lines": [ 38.19912, 38.236641, 38.53256, 38.781721 ] }, { "date": "2023-12-22", "close": 37.572906, "volume": 9800, "typical_volume": 4935.0, "trend": 38.996122, "fair_value": 39.307831, "relative_strength": 4.246337, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.768366, "energy": 35.606021, "activity_lines": [ 38.014102, 38.10467, 38.41057, 38.686228 ] }, { "date": "2023-12-29", "close": 38.213352, "volume": 3600, "typical_volume": 4975.0, "trend": 38.960542, "fair_value": 39.300226, "relative_strength": 4.949486, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.014876, "energy": 31.277483, "activity_lines": [ 38.056798, 38.108552, 38.360757, 38.635727 ] }, { "date": "2024-01-05", "close": 38.426834, "volume": 1300, "typical_volume": 4920.0, "trend": 38.917845, "fair_value": 39.293988, "relative_strength": 4.375379, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.575818, "energy": 24.828036, "activity_lines": [ 38.156423, 38.159011, 38.337376, 38.601294 ] }, { "date": "2024-01-12", "close": 38.213352, "volume": 2600, "typical_volume": 4990.0, "trend": 38.860917, "fair_value": 39.281572, "relative_strength": 4.581079, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.565319, "energy": 21.094874, "activity_lines": [ 38.19912, 38.166774, 38.298746, 38.555843 ] }, { "date": "2024-01-19", "close": 38.426834, "volume": 7000, "typical_volume": 5280.0, "trend": 38.832452, "fair_value": 39.271726, "relative_strength": 7.198836, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.107663, "energy": 14.762431, "activity_lines": [ 38.284513, 38.20947, 38.287563, 38.527838 ] }, { "date": "2024-01-26", "close": 37.99987, "volume": 16200, "typical_volume": 6065.0, "trend": 38.803988, "fair_value": 39.262752, "relative_strength": 6.774408, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.121948, "energy": 15.937733, "activity_lines": [ 38.227584, 38.1823, 38.239784, 38.474123 ] }, { "date": "2024-02-02", "close": 38.64032, "volume": 2100, "typical_volume": 6030.0, "trend": 38.768407, "fair_value": 39.249464, "relative_strength": 6.969368, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.805547, "energy": 7.681913, "activity_lines": [ 38.355675, 38.267694, 38.261132, 38.463563 ] }, { "date": "2024-02-09", "close": 38.64032, "volume": 6800, "typical_volume": 5835.0, "trend": 38.747059, "fair_value": 39.234974, "relative_strength": 6.32972, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.59189, "energy": 7.876442, "activity_lines": [ 38.455301, 38.341443, 38.287563, 38.4553 ] }, { "date": "2024-02-16", "close": 39.067284, "volume": 3200, "typical_volume": 5900.0, "trend": 38.732827, "fair_value": 39.223221, "relative_strength": 7.333719, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.478412, "energy": 11.084567, "activity_lines": [ 38.683016, 38.492821, 38.357708, 38.475959 ] }, { "date": "2024-02-23", "close": 38.213352, "volume": 2200, "typical_volume": 5375.0, "trend": 38.683014, "fair_value": 39.208399, "relative_strength": 3.877617, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.970727, "energy": 13.419721, "activity_lines": [ 38.569158, 38.465651, 38.346525, 38.442445 ] }, { "date": "2024-03-01", "close": 37.99987, "volume": 6400, "typical_volume": 5545.0, "trend": 38.61897, "fair_value": 39.192629, "relative_strength": 5.383333, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.682995, "energy": 14.041861, "activity_lines": [ 38.398371, 38.403547, 38.316028, 38.398371 ] }, { "date": "2024-03-08", "close": 38.213352, "volume": 10700, "typical_volume": 5930.0, "trend": 38.576273, "fair_value": 39.173192, "relative_strength": 4.324751, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.179574, "energy": 12.880535, "activity_lines": [ 38.298746, 38.372494, 38.308912, 38.372202 ] }, { "date": "2024-03-15", "close": 38.266552, "volume": 26600, "typical_volume": 6700.0, "trend": 38.53535, "fair_value": 39.154096, "relative_strength": 4.351159, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.098682, "energy": 18.759711, "activity_lines": [ 38.245318, 38.351115, 38.308895, 38.35222 ] }, { "date": "2024-03-22", "close": 38.711514, "volume": 5000, "typical_volume": 6585.0, "trend": 38.502143, "fair_value": 39.137852, "relative_strength": 5.719886, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.060315, "energy": 10.813323, "activity_lines": [ 38.365128, 38.413552, 38.351003, 38.363586 ] }, { "date": "2024-03-29", "close": 38.93399, "volume": 2300, "typical_volume": 6480.0, "trend": 38.490583, "fair_value": 39.125552, "relative_strength": 6.311143, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.146371, "energy": 17.285407, "activity_lines": [ 38.582816, 38.507382, 38.41091, 38.391447 ] }, { "date": "2024-04-05", "close": 38.93399, "volume": 2900, "typical_volume": 6425.0, "trend": 38.464792, "fair_value": 39.114512, "relative_strength": 6.25324, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.003989, "energy": 29.426912, "activity_lines": [ 38.752461, 38.59199, 38.470435, 38.420054 ] }, { "date": "2024-04-12", "close": 38.93399, "volume": 1500, "typical_volume": 6180.0, "trend": 38.439001, "fair_value": 39.10473, "relative_strength": 4.448041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.075869, "energy": 44.673657, "activity_lines": [ 38.859831, 38.659615, 38.524496, 38.450324 ] }, { "date": "2024-04-19", "close": 38.044071, "volume": 1400, "typical_volume": 6120.0, "trend": 38.397778, "fair_value": 39.087985, "relative_strength": 6.739842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.155642, "energy": 25.610252, "activity_lines": [ 38.622519, 38.560097, 38.489354, 38.424845 ] }, { "date": "2024-04-26", "close": 38.044071, "volume": 1600, "typical_volume": 5700.0, "trend": 38.363671, "fair_value": 39.07124, "relative_strength": 4.381623, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.696873, "energy": 8.86958, "activity_lines": [ 38.400039, 38.471419, 38.457051, 38.402025 ] }, { "date": "2024-05-03", "close": 38.711514, "volume": 5100, "typical_volume": 5915.0, "trend": 38.37316, "fair_value": 39.058773, "relative_strength": 5.250261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.631071, "energy": 16.836433, "activity_lines": [ 38.444536, 38.522699, 38.487088, 38.424467 ] }, { "date": "2024-05-10", "close": 41.381271, "volume": 52800, "typical_volume": 8065.0, "trend": 38.464525, "fair_value": 39.065938, "relative_strength": 11.912417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.046109, "energy": 53.00933, "activity_lines": [ 39.393784, 39.050332, 38.770031, 38.618538 ] }, { "date": "2024-05-17", "close": 40.268871, "volume": 9200, "typical_volume": 8345.0, "trend": 38.51881, "fair_value": 39.052123, "relative_strength": 7.809263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.216919, "energy": 66.657285, "activity_lines": [ 39.80908, 39.31423, 38.928896, 38.734948 ] }, { "date": "2024-05-24", "close": 40.491352, "volume": 9700, "typical_volume": 8765.0, "trend": 38.594743, "fair_value": 39.047288, "relative_strength": 9.53772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.858648, "energy": 74.10895, "activity_lines": [ 40.209544, 39.581206, 39.099162, 38.862209 ] }, { "date": "2024-05-31", "close": 40.491352, "volume": 2000, "typical_volume": 8735.0, "trend": 38.677793, "fair_value": 39.037418, "relative_strength": 10.720971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.658699, "energy": 76.551499, "activity_lines": [ 40.446856, 39.807731, 39.259597, 38.98457 ] }, { "date": "2024-06-07", "close": 40.268871, "volume": 11100, "typical_volume": 8940.0, "trend": 38.724962, "fair_value": 39.028639, "relative_strength": 10.812998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.780625, "energy": 67.925188, "activity_lines": [ 40.446855, 39.961445, 39.387995, 39.087221 ] }, { "date": "2024-06-14", "close": 39.378948, "volume": 12500, "typical_volume": 8755.0, "trend": 38.778047, "fair_value": 39.02171, "relative_strength": 10.18269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.981554, "energy": 37.659264, "activity_lines": [ 40.04639, 39.929083, 39.422867, 39.129413 ] }, { "date": "2024-06-21", "close": 39.601429, "volume": 10200, "typical_volume": 9160.0, "trend": 38.831432, "fair_value": 39.017466, "relative_strength": 10.489962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.91255, "energy": 24.407626, "activity_lines": [ 39.853574, 39.929083, 39.472361, 39.182535 ] }, { "date": "2024-06-28", "close": 38.266552, "volume": 25000, "typical_volume": 10070.0, "trend": 38.818973, "fair_value": 39.004664, "relative_strength": 6.945615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.763158, "energy": 14.337373, "activity_lines": [ 39.260294, 39.674242, 39.390147, 39.146091 ] }, { "date": "2024-07-05", "close": 38.489033, "volume": 18400, "typical_volume": 10830.0, "trend": 38.842395, "fair_value": 38.998326, "relative_strength": 6.462376, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.584992, "energy": 19.062836, "activity_lines": [ 38.889495, 39.455808, 39.330902, 39.124804 ] }, { "date": "2024-07-12", "close": 38.489033, "volume": 1200, "typical_volume": 10780.0, "trend": 38.844468, "fair_value": 38.98821, "relative_strength": 4.639584, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.59712, "energy": 20.981856, "activity_lines": [ 38.652184, 39.229283, 39.27441, 39.102007 ] }, { "date": "2024-07-19", "close": 39.156471, "volume": 22000, "typical_volume": 11560.0, "trend": 38.897254, "fair_value": 38.987409, "relative_strength": 7.36659, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.628756, "energy": 18.79505, "activity_lines": [ 38.756008, 39.128156, 39.280171, 39.122136 ] }, { "date": "2024-07-26", "close": 39.156471, "volume": 21800, "typical_volume": 12115.0, "trend": 38.928691, "fair_value": 38.989125, "relative_strength": 7.865692, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.887238, "energy": 11.941084, "activity_lines": [ 38.874664, 39.067479, 39.280424, 39.13886 ] }, { "date": "2024-08-02", "close": 38.266552, "volume": 200, "typical_volume": 10795.0, "trend": 38.923348, "fair_value": 38.982619, "relative_strength": 4.721182, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.723465, "energy": 14.697017, "activity_lines": [ 38.726344, 38.865225, 39.191432, 39.096141 ] }, { "date": "2024-08-09", "close": 39.82391, "volume": 16700, "typical_volume": 11380.0, "trend": 38.977034, "fair_value": 38.988615, "relative_strength": 9.950173, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.822694, "energy": 15.296945, "activity_lines": [ 39.097143, 38.986577, 39.25076, 39.154242 ] }, { "date": "2024-08-16", "close": 40.046391, "volume": 9300, "typical_volume": 11730.0, "trend": 39.031019, "fair_value": 38.997295, "relative_strength": 9.703441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.920972, "energy": 22.510401, "activity_lines": [ 39.453111, 39.160516, 39.32598, 39.223233 ] }, { "date": "2024-08-23", "close": 40.046391, "volume": 31500, "typical_volume": 13160.0, "trend": 39.099236, "fair_value": 39.003457, "relative_strength": 5.206948, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.910047, "energy": 30.739044, "activity_lines": [ 39.705255, 39.3385, 39.395902, 39.288741 ] }, { "date": "2024-08-30", "close": 40.491352, "volume": 21600, "typical_volume": 14165.0, "trend": 39.160937, "fair_value": 39.016249, "relative_strength": 5.711592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.950863, "energy": 51.841263, "activity_lines": [ 40.046391, 39.585251, 39.502904, 39.378554 ] }, { "date": "2024-09-06", "close": 40.046391, "volume": 5600, "typical_volume": 14375.0, "trend": 39.207806, "fair_value": 39.026188, "relative_strength": -0.633423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.371689, "energy": 52.56609, "activity_lines": [ 40.150215, 39.734919, 39.560114, 39.43568 ] }, { "date": "2024-09-13", "close": 39.82391, "volume": 25000, "typical_volume": 15545.0, "trend": 39.233027, "fair_value": 39.033442, "relative_strength": -1.108765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.492361, "energy": 47.109912, "activity_lines": [ 40.061223, 39.811776, 39.586599, 39.475429 ] }, { "date": "2024-09-20", "close": 39.82391, "volume": 0, "typical_volume": 15290.0, "trend": 39.286713, "fair_value": 39.039438, "relative_strength": -3.076211, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.025131, "energy": 36.944956, "activity_lines": [ 39.972231, 39.864362, 39.604609, 39.513551 ] }, { "date": "2024-09-27", "close": 40.713833, "volume": 25900, "typical_volume": 13945.0, "trend": 39.377178, "fair_value": 39.056174, "relative_strength": -0.907764, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.676622, "energy": 43.171531, "activity_lines": [ 40.194711, 40.054481, 39.702077, 39.605623 ] }, { "date": "2024-10-04", "close": 40.713833, "volume": 56000, "typical_volume": 16285.0, "trend": 39.460527, "fair_value": 39.070391, "relative_strength": -0.602549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.142848, "energy": 44.619782, "activity_lines": [ 40.372696, 40.216285, 39.802723, 39.691859 ] }, { "date": "2024-10-11", "close": 40.491352, "volume": 5100, "typical_volume": 16055.0, "trend": 39.534687, "fair_value": 39.084442, "relative_strength": -2.943735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.98284, "energy": 47.840726, "activity_lines": [ 40.461688, 40.309323, 39.880061, 39.758363 ] }, { "date": "2024-10-18", "close": 40.936314, "volume": 8000, "typical_volume": 16355.0, "trend": 39.608847, "fair_value": 39.098827, "relative_strength": -3.167075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.66052, "energy": 62.71561, "activity_lines": [ 40.669337, 40.442811, 39.999777, 39.848791 ] }, { "date": "2024-10-25", "close": 40.268871, "volume": 1900, "typical_volume": 15895.0, "trend": 39.653343, "fair_value": 39.107675, "relative_strength": -3.02687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.549305, "energy": 44.540756, "activity_lines": [ 40.580344, 40.434721, 40.053808, 39.891373 ] }, { "date": "2024-11-01", "close": 40.713833, "volume": 1600, "typical_volume": 15350.0, "trend": 39.712671, "fair_value": 39.119374, "relative_strength": -2.074698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.123265, "energy": 40.261508, "activity_lines": [ 40.610009, 40.503487, 40.150216, 39.959792 ] }, { "date": "2024-11-08", "close": 41.158791, "volume": 2700, "typical_volume": 14975.0, "trend": 39.786831, "fair_value": 39.137704, "relative_strength": -1.048979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.410511, "energy": 56.238272, "activity_lines": [ 40.787992, 40.64102, 40.282644, 40.05309 ] }, { "date": "2024-11-15", "close": 40.491352, "volume": 22600, "typical_volume": 14855.0, "trend": 39.868407, "fair_value": 39.150495, "relative_strength": -1.257178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.089915, "energy": 33.773631, "activity_lines": [ 40.713832, 40.645066, 40.344091, 40.098543 ] }, { "date": "2024-11-22", "close": 40.936314, "volume": 50800, "typical_volume": 16475.0, "trend": 39.964816, "fair_value": 39.168657, "relative_strength": -0.500225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.222494, "energy": 37.592468, "activity_lines": [ 40.787993, 40.721923, 40.437321, 40.16744 ] }, { "date": "2024-11-29", "close": 40.936314, "volume": 43500, "typical_volume": 18590.0, "trend": 40.038976, "fair_value": 39.189337, "relative_strength": 0.760882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.733004, "energy": 36.618641, "activity_lines": [ 40.862153, 40.778554, 40.518897, 40.230117 ] }, { "date": "2024-12-06", "close": 41.158791, "volume": 11200, "typical_volume": 18050.0, "trend": 40.03156, "fair_value": 39.210185, "relative_strength": -0.461646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.846205, "energy": 36.841822, "activity_lines": [ 40.965977, 40.855411, 40.610008, 40.302364 ] }, { "date": "2024-12-13", "close": 41.381271, "volume": 31800, "typical_volume": 18550.0, "trend": 40.06864, "fair_value": 39.231199, "relative_strength": 1.407088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.149179, "energy": 43.296096, "activity_lines": [ 41.114296, 40.964628, 40.712773, 40.389442 ] }, { "date": "2024-12-20", "close": 40.713833, "volume": 8800, "typical_volume": 18980.0, "trend": 40.076056, "fair_value": 39.250453, "relative_strength": 4.421887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.056521, "energy": 31.672545, "activity_lines": [ 41.025304, 40.940357, 40.741377, 40.431067 ] }, { "date": "2024-12-27", "close": 40.936314, "volume": 600, "typical_volume": 18175.0, "trend": 40.090888, "fair_value": 39.268615, "relative_strength": 2.113653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.668948, "energy": 29.126834, "activity_lines": [ 40.995641, 40.952493, 40.779517, 40.486568 ] }, { "date": "2025-01-03", "close": 40.491352, "volume": 6400, "typical_volume": 18030.0, "trend": 40.098304, "fair_value": 39.281407, "relative_strength": 2.061904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.652194, "energy": 18.476189, "activity_lines": [ 40.817657, 40.883726, 40.769982, 40.512404 ] }, { "date": "2025-01-10", "close": 40.713833, "volume": 2900, "typical_volume": 16600.0, "trend": 40.1428, "fair_value": 39.294366, "relative_strength": 3.690868, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.120597, "energy": 16.268147, "activity_lines": [ 40.743497, 40.851366, 40.779517, 40.552116 ] }, { "date": "2025-01-17", "close": 40.491352, "volume": 20100, "typical_volume": 16525.0, "trend": 40.172464, "fair_value": 39.308416, "relative_strength": 5.059323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.147711, "energy": 13.62018, "activity_lines": [ 40.624841, 40.778554, 40.764685, 40.574603 ] }, { "date": "2025-01-24", "close": 40.491352, "volume": 10600, "typical_volume": 16775.0, "trend": 40.246624, "fair_value": 39.319949, "relative_strength": 3.868637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.528832, "energy": 10.355947, "activity_lines": [ 40.565512, 40.717878, 40.749853, 40.595176 ] }, { "date": "2025-01-31", "close": 40.491352, "volume": 16100, "typical_volume": 16330.0, "trend": 40.313368, "fair_value": 39.327705, "relative_strength": 6.789498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.260266, "energy": 8.958156, "activity_lines": [ 40.521016, 40.657201, 40.732902, 40.610965 ] }, { "date": "2025-02-07", "close": 40.491352, "volume": 16500, "typical_volume": 17155.0, "trend": 40.380112, "fair_value": 39.33546, "relative_strength": 9.215924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.39253, "energy": 8.774472, "activity_lines": [ 40.506184, 40.604615, 40.712773, 40.622448 ] }, { "date": "2025-02-14", "close": 41.158791, "volume": 14900, "typical_volume": 16605.0, "trend": 40.446856, "fair_value": 39.346235, "relative_strength": 11.578333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.160113, "energy": 14.011023, "activity_lines": [ 40.713832, 40.681471, 40.753031, 40.672685 ] }, { "date": "2025-02-21", "close": 41.158791, "volume": 12400, "typical_volume": 14425.0, "trend": 40.5136, "fair_value": 39.35701, "relative_strength": 13.467777, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.744033, "energy": 20.066417, "activity_lines": [ 40.891815, 40.758328, 40.79117, 40.718617 ] }, { "date": "2025-02-28", "close": 40.713833, "volume": 44500, "typical_volume": 16395.0, "trend": 40.595176, "fair_value": 39.367451, "relative_strength": 15.741684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.19606, "energy": 17.836883, "activity_lines": [ 40.876984, 40.758328, 40.784814, 40.731535 ] }, { "date": "2025-03-07", "close": 40.936314, "volume": 13700, "typical_volume": 16680.0, "trend": 40.632256, "fair_value": 39.383095, "relative_strength": 16.041911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.384379, "energy": 24.899346, "activity_lines": [ 40.921481, 40.798779, 40.798587, 40.753544 ] }, { "date": "2025-03-14", "close": 40.873627, "volume": 84600, "typical_volume": 20815.0, "trend": 40.659831, "fair_value": 39.395462, "relative_strength": 18.096529, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.954004, "energy": 22.201909, "activity_lines": [ 40.915418, 40.827833, 40.806389, 40.769116 ] }, { "date": "2025-03-21", "close": 40.873627, "volume": 30000, "typical_volume": 22235.0, "trend": 40.687405, "fair_value": 39.409136, "relative_strength": 16.330943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.827171, "energy": 16.788305, "activity_lines": [ 40.883869, 40.849936, 40.811312, 40.782909 ] }, { "date": "2025-03-28", "close": 40.873627, "volume": 24200, "typical_volume": 23310.0, "trend": 40.700148, "fair_value": 39.424116, "relative_strength": 16.94042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.009501, "energy": 16.969949, "activity_lines": [ 40.871332, 40.869134, 40.815474, 40.794924 ] }, { "date": "2025-04-04", "close": 40.873627, "volume": 13600, "typical_volume": 22860.0, "trend": 40.727722, "fair_value": 39.440404, "relative_strength": 21.53126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.254766, "energy": 12.415721, "activity_lines": [ 40.877806, 40.881381, 40.820993, 40.806116 ] }, { "date": "2025-04-11", "close": 39.923077, "volume": 16600, "typical_volume": 21150.0, "trend": 40.731028, "fair_value": 39.450599, "relative_strength": 17.774538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.118356, "energy": 16.979037, "activity_lines": [ 40.556777, 40.713851, 40.734164, 40.754203 ] }, { "date": "2025-04-18", "close": 40.873627, "volume": 2200, "typical_volume": 19085.0, "trend": 40.766018, "fair_value": 39.46558, "relative_strength": 17.719408, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.103633, "energy": 17.866483, "activity_lines": [ 40.620147, 40.72948, 40.742689, 40.763403 ] }, { "date": "2025-04-25", "close": 40.873627, "volume": 3500, "typical_volume": 18700.0, "trend": 40.771345, "fair_value": 39.481867, "relative_strength": 16.360912, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.225006, "energy": 15.141593, "activity_lines": [ 40.683517, 40.738159, 40.751511, 40.770346 ] }, { "date": "2025-05-02", "close": 40.873627, "volume": 2500, "typical_volume": 17235.0, "trend": 40.776671, "fair_value": 39.499462, "relative_strength": 12.066149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.32695, "energy": 4.238577, "activity_lines": [ 40.746887, 40.752022, 40.761692, 40.776945 ] }, { "date": "2025-05-09", "close": 41.824173, "volume": 24100, "typical_volume": 18000.0, "trend": 40.821099, "fair_value": 39.521843, "relative_strength": 13.226588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.341399, "energy": 32.581813, "activity_lines": [ 41.127106, 40.943897, 40.864819, 40.844525 ] }, { "date": "2025-05-16", "close": 41.824173, "volume": 3700, "typical_volume": 18155.0, "trend": 40.850694, "fair_value": 39.542917, "relative_strength": 14.241473, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.154753, "energy": 46.949644, "activity_lines": [ 41.443955, 41.115584, 40.962658, 40.90924 ] }, { "date": "2025-05-23", "close": 41.586536, "volume": 15900, "typical_volume": 18630.0, "trend": 40.894616, "fair_value": 39.563775, "relative_strength": 15.056418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.772278, "energy": 49.802791, "activity_lines": [ 41.554851, 41.227921, 41.033637, 40.956714 ] }, { "date": "2025-05-30", "close": 42.061813, "volume": 2900, "typical_volume": 18630.0, "trend": 40.939549, "fair_value": 39.582451, "relative_strength": 18.640227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.192086, "energy": 58.183232, "activity_lines": [ 41.776647, 41.41371, 41.144665, 41.032017 ] }, { "date": "2025-06-06", "close": 42.774723, "volume": 22300, "typical_volume": 18740.0, "trend": 40.993413, "fair_value": 39.605698, "relative_strength": 21.442662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.402551, "energy": 63.400904, "activity_lines": [ 42.156866, 41.707516, 41.31717, 41.150415 ] }, { "date": "2025-06-13", "close": 41.824173, "volume": 17200, "typical_volume": 19070.0, "trend": 41.037841, "fair_value": 39.626772, "relative_strength": 19.667913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.3565, "energy": 54.771336, "activity_lines": [ 42.093496, 41.793929, 41.388274, 41.204012 ] }, { "date": "2025-06-20", "close": 43.725273, "volume": 33100, "typical_volume": 19920.0, "trend": 41.130806, "fair_value": 39.660032, "relative_strength": 30.701329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.249318, "energy": 71.494985, "activity_lines": [ 42.663826, 42.208714, 41.634088, 41.377395 ] }, { "date": "2025-06-27", "close": 42.774723, "volume": 6600, "typical_volume": 19425.0, "trend": 41.192086, "fair_value": 39.681971, "relative_strength": 25.335764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.588113, "energy": 60.481764, "activity_lines": [ 42.790566, 42.381541, 41.773974, 41.483454 ] }, { "date": "2025-07-04", "close": 43.725273, "volume": 27800, "typical_volume": 20070.0, "trend": 41.277636, "fair_value": 39.715232, "relative_strength": 23.099972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.272825, "energy": 59.623606, "activity_lines": [ 43.154943, 42.69263, 41.993516, 41.646886 ] }, { "date": "2025-07-11", "close": 43.25, "volume": 1900, "typical_volume": 19545.0, "trend": 41.339927, "fair_value": 39.746753, "relative_strength": 20.922772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.150474, "energy": 61.897511, "activity_lines": [ 43.249999, 42.865458, 42.155571, 41.774135 ] }, { "date": "2025-07-18", "close": 43.487637, "volume": 1900, "typical_volume": 17415.0, "trend": 41.432387, "fair_value": 39.779797, "relative_strength": 12.548036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.431791, "energy": 55.305124, "activity_lines": [ 43.392582, 43.038285, 42.330301, 41.912697 ] }, { "date": "2025-07-25", "close": 43.487637, "volume": 2100, "typical_volume": 16835.0, "trend": 41.517431, "fair_value": 39.810227, "relative_strength": 11.185061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.603013, "energy": 58.42901, "activity_lines": [ 43.424267, 43.180868, 42.491823, 42.045294 ] }, { "date": "2025-08-01", "close": 42.774723, "volume": 5500, "typical_volume": 12880.0, "trend": 41.593543, "fair_value": 39.837395, "relative_strength": 8.867697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.327037, "energy": 39.969276, "activity_lines": [ 43.234156, 43.163585, 42.573298, 42.126409 ] }, { "date": "2025-08-08", "close": 43.01236, "volume": 4000, "typical_volume": 11580.0, "trend": 41.670161, "fair_value": 39.85955, "relative_strength": 5.712243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.109357, "energy": 32.330677, "activity_lines": [ 43.123258, 43.167906, 42.668353, 42.217946 ] }, { "date": "2025-08-15", "close": 43.25, "volume": 3100, "typical_volume": 10525.0, "trend": 41.762116, "fair_value": 39.883229, "relative_strength": 6.039124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.065374, "energy": 30.106473, "activity_lines": [ 43.139101, 43.198151, 42.775856, 42.319871 ] }, { "date": "2025-08-22", "close": 42.774723, "volume": 9000, "typical_volume": 10295.0, "trend": 41.838228, "fair_value": 39.905168, "relative_strength": 5.093215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.599676, "energy": 22.487185, "activity_lines": [ 42.996519, 43.13334, 42.826778, 42.385201 ] }, { "date": "2025-08-29", "close": 43.01236, "volume": 6100, "typical_volume": 9770.0, "trend": 41.922262, "fair_value": 39.928631, "relative_strength": 6.795507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.643075, "energy": 22.106057, "activity_lines": [ 42.980676, 43.094454, 42.891279, 42.460951 ] }, { "date": "2025-09-05", "close": 44.20055, "volume": 28100, "typical_volume": 11065.0, "trend": 42.045901, "fair_value": 39.958403, "relative_strength": 6.864513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.165085, "energy": 39.339026, "activity_lines": [ 43.392581, 43.284564, 43.054231, 42.607937 ] }, { "date": "2025-09-12", "close": 43.25, "volume": 1700, "typical_volume": 10975.0, "trend": 42.115608, "fair_value": 39.982081, "relative_strength": 1.908672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.520558, "energy": 31.235666, "activity_lines": [ 43.392582, 43.275923, 43.110811, 42.685621 ] }, { "date": "2025-09-19", "close": 43.25, "volume": 2200, "typical_volume": 10960.0, "trend": 42.185315, "fair_value": 40.007067, "relative_strength": 1.620799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.504792, "energy": 34.031796, "activity_lines": [ 43.37674, 43.275923, 43.156076, 42.758808 ] }, { "date": "2025-09-26", "close": 43.487637, "volume": 2700, "typical_volume": 9890.0, "trend": 42.277776, "fair_value": 40.033576, "relative_strength": 2.939523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.860645, "energy": 38.182091, "activity_lines": [ 43.44011, 43.31913, 43.212656, 42.842828 ] }, { "date": "2025-10-03", "close": 43.25, "volume": 15300, "typical_volume": 10470.0, "trend": 42.354898, "fair_value": 40.058562, "relative_strength": 0.892261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.503258, "energy": 27.487209, "activity_lines": [ 43.37674, 43.31913, 43.238683, 42.905553 ] }, { "date": "2025-10-10", "close": 43.01236, "volume": 6400, "typical_volume": 9995.0, "trend": 42.42619, "fair_value": 40.083332, "relative_strength": 0.511947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.463271, "energy": 18.197788, "activity_lines": [ 43.218314, 43.280244, 43.235288, 42.947969 ] }, { "date": "2025-10-17", "close": 43.25, "volume": 8500, "typical_volume": 10275.0, "trend": 42.505402, "fair_value": 40.110931, "relative_strength": 1.668586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.199189, "energy": 16.401852, "activity_lines": [ 43.218314, 43.280244, 43.247736, 43.001119 ] }, { "date": "2025-10-24", "close": 43.487637, "volume": 13000, "typical_volume": 9810.0, "trend": 42.592536, "fair_value": 40.138748, "relative_strength": -1.148371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.657536, "energy": 17.80146, "activity_lines": [ 43.297527, 43.31913, 43.277158, 43.064489 ] }, { "date": "2025-10-31", "close": 43.25, "volume": 1100, "typical_volume": 9005.0, "trend": 42.671748, "fair_value": 40.159812, "relative_strength": -1.652379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.738288, "energy": 15.198312, "activity_lines": [ 43.281685, 43.310489, 43.280553, 43.106906 ] }, { "date": "2025-11-07", "close": 43.01236, "volume": 3000, "typical_volume": 7500.0, "trend": 42.774724, "fair_value": 40.181968, "relative_strength": -1.973778, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.865974, "energy": 8.535574, "activity_lines": [ 43.202471, 43.249999, 43.254526, 43.128881 ] }, { "date": "2025-11-14", "close": 42.29945, "volume": 17100, "typical_volume": 8025.0, "trend": 42.822252, "fair_value": 40.199553, "relative_strength": -1.339014, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.359145, "energy": 9.687616, "activity_lines": [ 42.901464, 43.059889, 43.163997, 43.098218 ] }, { "date": "2025-11-21", "close": 42.537086, "volume": 7900, "typical_volume": 7030.0, "trend": 42.8777, "fair_value": 40.216048, "relative_strength": 0.071194, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.551424, "energy": 26.327565, "activity_lines": [ 42.727196, 42.947551, 43.098364, 43.07982 ] }, { "date": "2025-11-28", "close": 42.29945, "volume": 3200, "typical_volume": 7095.0, "trend": 42.925228, "fair_value": 40.231019, "relative_strength": -0.949311, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.382563, "energy": 46.393591, "activity_lines": [ 42.521244, 42.804969, 43.015757, 43.042513 ] }, { "date": "2025-12-05", "close": 42.774723, "volume": 4900, "typical_volume": 7245.0, "trend": 42.956913, "fair_value": 40.250345, "relative_strength": -1.471335, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.572543, "energy": 47.891269, "activity_lines": [ 42.552929, 42.766083, 42.98294, 43.032803 ] }, { "date": "2025-12-12", "close": 42.061813, "volume": 7200, "typical_volume": 7500.0, "trend": 42.964834, "fair_value": 40.267714, "relative_strength": -1.850548, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.722171, "energy": 53.166453, "activity_lines": [ 42.378662, 42.610538, 42.885622, 42.975055 ] }, { "date": "2025-12-19", "close": 42.29945, "volume": 6000, "typical_volume": 7525.0, "trend": 42.988598, "fair_value": 40.287913, "relative_strength": -1.365006, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.09381, "energy": 55.339462, "activity_lines": [ 42.346977, 42.519804, 42.817725, 42.932127 ] }, { "date": "2025-12-26", "close": 42.29945, "volume": 7600, "typical_volume": 7705.0, "trend": 42.996519, "fair_value": 40.306806, "relative_strength": -2.158711, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.323746, "energy": 42.340026, "activity_lines": [ 42.315292, 42.442032, 42.752092, 42.887666 ] }, { "date": "2026-01-02", "close": 42.29945, "volume": 3400, "typical_volume": 7720.0, "trend": 42.980677, "fair_value": 40.325698, "relative_strength": -2.428484, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.350428, "energy": 42.471631, "activity_lines": [ 42.29945, 42.381543, 42.689854, 42.842694 ] }, { "date": "2026-01-09", "close": 42.774723, "volume": 5600, "typical_volume": 7550.0, "trend": 43.012362, "fair_value": 40.346331, "relative_strength": -1.133271, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.592074, "energy": 25.598728, "activity_lines": [ 42.442032, 42.42907, 42.677406, 42.829406 ] }, { "date": "2026-01-16", "close": 42.774723, "volume": 7000, "typical_volume": 7595.0, "trend": 42.980677, "fair_value": 40.365656, "relative_strength": -2.980507, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.734525, "energy": 18.059303, "activity_lines": [ 42.584614, 42.485238, 42.664958, 42.814075 ] }, { "date": "2026-01-23", "close": 42.774723, "volume": 9600, "typical_volume": 6670.0, "trend": 42.980677, "fair_value": 40.387595, "relative_strength": -5.981828, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.256359, "energy": 17.799878, "activity_lines": [ 42.679668, 42.545728, 42.653642, 42.800788 ] }, { "date": "2026-01-30", "close": 43.01236, "volume": 2800, "typical_volume": 6725.0, "trend": 42.956913, "fair_value": 40.40975, "relative_strength": -6.345913, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.386847, "energy": 16.239564, "activity_lines": [ 42.82225, 42.640782, 42.671748, 42.802832 ] }, { "date": "2026-02-06", "close": 43.01236, "volume": 1600, "typical_volume": 6695.0, "trend": 42.948992, "fair_value": 40.430599, "relative_strength": -8.318973, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.75163, "energy": 13.530623, "activity_lines": [ 42.917305, 42.727196, 42.690985, 42.806409 ] }, { "date": "2026-02-13", "close": 43.487637, "volume": 6300, "typical_volume": 6875.0, "trend": 42.948992, "fair_value": 40.455801, "relative_strength": -12.161626, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.638275, "energy": 30.938172, "activity_lines": [ 43.123258, 42.887061, 42.756618, 42.84116 ] }, { "date": "2026-02-20", "close": 43.25, "volume": 3000, "typical_volume": 6260.0, "trend": 42.94107, "fair_value": 40.476865, "relative_strength": -15.373557, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.835168, "energy": 36.874087, "activity_lines": [ 43.202471, 42.990758, 42.799619, 42.86058 ] }, { "date": "2026-02-27", "close": 43.487637, "volume": 4600, "typical_volume": 6170.0, "trend": 42.964834, "fair_value": 40.50076, "relative_strength": -17.364807, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.956858, "energy": 45.50906, "activity_lines": [ 43.329212, 43.116058, 42.865253, 42.895843 ] }, { "date": "2026-03-06", "close": 43.01236, "volume": 18100, "typical_volume": 6650.0, "trend": 42.964834, "fair_value": 40.520575, "relative_strength": -11.259742, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.98944, "energy": 33.464937, "activity_lines": [ 43.249999, 43.13334, 42.883358, 42.898909 ] }, { "date": "2026-03-13", "close": 43.25, "volume": 64500, "typical_volume": 9225.0, "trend": 42.964834, "fair_value": 40.540545, "relative_strength": -10.497789, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.520907, "energy": 21.157487, "activity_lines": [ 43.249999, 43.180868, 42.925228, 42.917307 ] }, { "date": "2026-03-20", "close": 43.5, "volume": 10500, "typical_volume": 9695.0, "trend": 42.98901, "fair_value": 40.563486, "relative_strength": -11.261944, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.056137, "energy": 23.519004, "activity_lines": [ 43.31749, 43.256568, 42.992038, 42.951833 ] }, { "date": "2026-03-27", "close": 43.0, "volume": 11500, "typical_volume": 10120.0, "trend": 42.988598, "fair_value": 40.581854, "relative_strength": -12.886566, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.572718, "energy": 10.355162, "activity_lines": [ 43.21749, 43.228171, 43.01004, 42.952542 ] }, { "date": "2026-04-03", "close": 42.5, "volume": 28600, "typical_volume": 10695.0, "trend": 42.931913, "fair_value": 40.599753, "relative_strength": -13.96691, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.902708, "energy": 7.949589, "activity_lines": [ 42.967491, 43.10477, 42.98048, 42.92102 ] }, { "date": "2026-04-10", "close": 42.5, "volume": 8800, "typical_volume": 10740.0, "trend": 42.906913, "fair_value": 40.617652, "relative_strength": -16.645646, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.386204, "energy": 14.991886, "activity_lines": [ 42.783333, 42.986363, 42.949966, 42.893155 ] }, { "date": "2026-04-17", "close": 42.5, "volume": 1300, "typical_volume": 10645.0, "trend": 42.881913, "fair_value": 40.63692, "relative_strength": -14.943407, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.951597, "energy": 26.648144, "activity_lines": [ 42.633333, 42.877273, 42.919629, 42.866902 ] }, { "date": "2026-04-24", "close": 42.5, "volume": 9600, "typical_volume": 10880.0, "trend": 42.848992, "fair_value": 40.657556, "relative_strength": -13.10282, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.136924, "energy": 35.894691, "activity_lines": [ 42.533333, 42.777497, 42.888337, 42.842263 ] }, { "date": "2026-05-01", "close": 42.25, "volume": 8000, "typical_volume": 10920.0, "trend": 42.815658, "fair_value": 40.675221, "relative_strength": -15.507153, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.728181, "energy": 47.638242, "activity_lines": [ 42.416667, 42.650225, 42.834543, 42.803618 ] }, { "date": "2026-05-08", "close": 43.75, "volume": 37000, "typical_volume": 12470.0, "trend": 42.840246, "fair_value": 40.707975, "relative_strength": -12.62639, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 23.570022, "energy": 11.393635, "activity_lines": [ 42.85, 42.813861, 42.92271, 42.863898 ] }, { "date": "2026-05-15", "close": 44.0, "volume": 26500, "typical_volume": 13415.0, "trend": 42.865246, "fair_value": 40.738227, "relative_strength": -12.844539, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 52.626599, "energy": 32.196759, "activity_lines": [ 43.283333, 43.018182, 43.02778, 42.938721 ] }, { "date": "2026-05-22", "close": 44.0, "volume": 9200, "typical_volume": 13705.0, "trend": 42.882325, "fair_value": 40.768478, "relative_strength": -13.681004, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.307374, "energy": 55.450939, "activity_lines": [ 43.616667, 43.204545, 43.124751, 43.011931 ] }, { "date": "2026-05-29", "close": 44.0, "volume": 6800, "typical_volume": 13765.0, "trend": 42.907325, "fair_value": 40.79873, "relative_strength": -14.893359, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.169003, "energy": 65.381145, "activity_lines": [ 43.85, 43.377273, 43.213625, 43.084039 ] }, { "date": "2026-06-05", "close": 44.0, "volume": 6100, "typical_volume": 13720.0, "trend": 42.940246, "fair_value": 40.826244, "relative_strength": -15.171778, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.605533, "energy": 72.865955, "activity_lines": [ 43.983333, 43.540909, 43.296664, 43.154534 ] }, { "date": "2026-06-12", "close": 44.25, "volume": 1800, "typical_volume": 13330.0, "trend": 43.005265, "fair_value": 40.853993, "relative_strength": -14.741856, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.784994, "energy": 78.200205, "activity_lines": [ 44.083333, 43.731818, 43.397678, 43.239034 ] }, { "date": "2026-06-19", "close": 44.25, "volume": 1300, "typical_volume": 13255.0, "trend": 43.062362, "fair_value": 40.885847, "relative_strength": -13.004548, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.937145, "energy": 77.46575, "activity_lines": [ 44.15, 43.890909, 43.491667, 43.31934 ] }, { "date": "2026-06-26", "close": 44.0, "volume": 200, "typical_volume": 13185.0, "trend": 43.119047, "fair_value": 40.918835, "relative_strength": -11.224463, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.241678, "energy": 69.339391, "activity_lines": [ 44.116667, 43.972727, 43.555952, 43.379832 ] }, { "date": "2026-07-03", "close": 44.25, "volume": 500, "typical_volume": 12895.0, "trend": 43.168223, "fair_value": 40.947953, "relative_strength": -13.943625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.864913, "energy": 69.179373, "activity_lines": [ 44.166667, 44.072727, 43.639345, 43.452797 ] }, { "date": "2026-07-10", "close": 44.25, "volume": 11600, "typical_volume": 13325.0, "trend": 43.241162, "fair_value": 40.979807, "relative_strength": -13.90298, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.977329, "energy": 54.822236, "activity_lines": [ 44.2, 44.140909, 43.719106, 43.522589 ] }, { "date": "2026-07-17", "close": 44.25, "volume": 9800, "typical_volume": 13585.0, "trend": 43.306181, "fair_value": 41.010292, "relative_strength": -14.3517, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.770917, "energy": 46.373126, "activity_lines": [ 44.216667, 44.172727, 43.794106, 43.587676 ] }, { "date": "2026-07-24", "close": 44.5, "volume": 19000, "typical_volume": 13630.0, "trend": 43.379532, "fair_value": 41.041012, "relative_strength": -13.656022, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.161098, "energy": 50.327576, "activity_lines": [ 44.316667, 44.240909, 43.889286, 43.664696 ] }, { "date": "2026-07-31", "close": 44.75, "volume": 5500, "typical_volume": 10680.0, "trend": 43.461217, "fair_value": 41.071966, "relative_strength": -11.780697, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.524987, "energy": 56.059985, "activity_lines": [ 44.483333, 44.345455, 44.00119, 43.753113 ] }, { "date": "2026-08-07", "close": 46.5, "volume": 53900, "typical_volume": 12850.0, "trend": 43.585393, "fair_value": 41.116874, "relative_strength": -7.404391, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.058076, "energy": 96.938728, "activity_lines": [ 45.183333, 44.754545, 44.272619, 43.949164 ] } ], "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." } } }