{ "ticker": { "uuid": "449e6289-d773-4b90-822f-5468c4f4f6cc", "symbol": "3272", "name": "Good Way Technology Co., Ltd.", "exchange": "TWO", "country": "TW", "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": "2026-08-14", "benchmark": "^TWII", "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": -70.474, "architecture_energy": 79.177, "architecture_maturity": 100.0, "architecture_confidence": 87.568, "architecture_tenure": "Extended", "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": 2.25, "rotation_up": 10.62, "upward_expansion": 18.44, "deceleration": 37.15, "rotation_down": 78.75, "downward_expansion": 96.44 }, "activity_lines": [ 14.003333, 14.652727, 15.663571, 16.187204 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 13.8, "trend_reference": 17.096667, "distance_from_trend": -0.192825, "trend_direction": "Weakening", "fair_value": 26.359295, "distance_from_fair_value": -0.476466, "fair_value_direction": "Weakening", "relative_strength": -50.63177, "relative_strength_direction": "Weakening", "price_momentum": -0.28125, "excess_performance": -0.722622, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.192825, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.081976, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.476466, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.088747, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.506318, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.027496, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.28125, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.37347, "read": "Supply-led" } ], "volume": { "latest": 100240, "relative_activity": 0.152901, "balance": 0.37347, "dry_up": 0.398865, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.097826, "annualized_volatility": 0.363089, "from_high_reference": -0.472275, "from_low_reference": 0.07393 }, "levels": { "trend_reference": 17.096667, "fair_value_reference": 26.359295, "structural_low": 12.85, "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": 43, "median_return": -0.003226, "positive_rate": 0.488372, "directional_follow_through": 0.511628, "median_excess_return": -0.021497, "regime_survival": 0.860465, "best_return": 0.22869, "worst_return": -0.207578, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": -0.035769, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.093117, "regime_survival": 0.733333, "best_return": 0.093897, "worst_return": -0.240642, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.085106, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.124167, "regime_survival": 0.571429, "best_return": 0.059677, "worst_return": -0.327731, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.193606, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.185639, "regime_survival": 0.75, "best_return": 0.660822, "worst_return": -0.240186, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-07", "end": "2023-04-28", "tenure": "New", "return": -0.145383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-05", "end": "2023-08-25", "tenure": "Established", "return": -0.084356, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-01", "end": "2023-12-15", "tenure": "Established", "return": -0.086436, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-22", "end": "2024-01-19", "tenure": "Developing", "return": -0.048673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-02-16", "tenure": "New", "return": 0.040248, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-03-15", "tenure": "New", "return": -0.067548, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-22", "end": "2024-07-12", "tenure": "Established", "return": 0.019139, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.037097, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-10-25", "tenure": "Developing", "return": 0.367308, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.073907, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": -0.005155, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-05-30", "tenure": "Established", "return": -0.037433, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": -0.151292, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-11", "end": "2026-08-14", "tenure": "Extended", "return": -0.407725, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 35.099998, "volume": 902000, "typical_volume": 3934914.0, "trend": 37.617476, "fair_value": 35.330276, "relative_strength": -11.009132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.170494, "energy": 12.056824, "activity_lines": [ 37.713747, 37.532793, 37.538471, 37.747068 ] }, { "date": "2023-08-18", "close": 33.150002, "volume": 625000, "typical_volume": 2452372.0, "trend": 37.545375, "fair_value": 35.388858, "relative_strength": -15.048695, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.453695, "energy": 44.529923, "activity_lines": [ 36.128929, 36.757019, 37.059043, 37.458844 ] }, { "date": "2023-08-25", "close": 33.900002, "volume": 290000, "typical_volume": 2269920.0, "trend": 37.485448, "fair_value": 35.429136, "relative_strength": -13.891573, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.922873, "energy": 63.534099, "activity_lines": [ 35.026668, 36.199689, 36.708982, 37.223659 ] }, { "date": "2023-09-01", "close": 37.599998, "volume": 2417000, "typical_volume": 1931010.0, "trend": 37.508953, "fair_value": 35.465446, "relative_strength": -5.871485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.603984, "energy": 51.183523, "activity_lines": [ 35.46, 36.370314, 36.757118, 37.231049 ] }, { "date": "2023-09-08", "close": 35.200001, "volume": 838000, "typical_volume": 1795502.0, "trend": 37.552211, "fair_value": 35.39392, "relative_strength": -11.773914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.953235, "energy": 56.758811, "activity_lines": [ 35.3, 36.097974, 36.588797, 37.082084 ] }, { "date": "2023-09-15", "close": 34.450001, "volume": 591000, "typical_volume": 1705156.0, "trend": 37.493517, "fair_value": 35.254597, "relative_strength": -15.527043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.386794, "energy": 42.580213, "activity_lines": [ 35.120001, 35.709204, 36.362818, 36.881942 ] }, { "date": "2023-09-22", "close": 33.349998, "volume": 496000, "typical_volume": 1656148.0, "trend": 37.402431, "fair_value": 35.051836, "relative_strength": -15.445198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.253075, "energy": 36.513043, "activity_lines": [ 34.616666, 35.15789, 36.045144, 36.614618 ] }, { "date": "2023-09-29", "close": 32.950001, "volume": 371000, "typical_volume": 1532458.0, "trend": 37.259535, "fair_value": 34.958267, "relative_strength": -16.559755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.29753, "energy": 52.683067, "activity_lines": [ 33.966667, 34.593637, 35.706867, 36.327364 ] }, { "date": "2023-10-06", "close": 33.799999, "volume": 349000, "typical_volume": 1490044.0, "trend": 37.089395, "fair_value": 34.808682, "relative_strength": -15.392749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.601763, "energy": 50.895598, "activity_lines": [ 33.663333, 34.283636, 35.466494, 36.104169 ] }, { "date": "2023-10-13", "close": 32.900002, "volume": 166000, "typical_volume": 1428960.0, "trend": 36.987585, "fair_value": 34.724444, "relative_strength": -18.800936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.781565, "energy": 56.749957, "activity_lines": [ 33.313334, 33.935455, 35.153109, 35.833885 ] }, { "date": "2023-10-20", "close": 36.099998, "volume": 7320000, "typical_volume": 1574768.0, "trend": 36.902662, "fair_value": 34.650051, "relative_strength": -8.918918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.810739, "energy": 28.869667, "activity_lines": [ 34.183333, 34.273636, 35.158827, 35.776621 ] }, { "date": "2023-10-27", "close": 33.599998, "volume": 1339000, "typical_volume": 1444878.0, "trend": 36.512096, "fair_value": 34.550489, "relative_strength": -13.217416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.227666, "energy": 27.957288, "activity_lines": [ 34.109999, 34.13909, 34.941838, 35.563546 ] }, { "date": "2023-11-03", "close": 33.799999, "volume": 498000, "typical_volume": 1393002.0, "trend": 36.188049, "fair_value": 34.42173, "relative_strength": -14.219716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.563868, "energy": 22.870977, "activity_lines": [ 34.086666, 34.032727, 34.763251, 35.388572 ] }, { "date": "2023-11-10", "close": 33.099998, "volume": 462000, "typical_volume": 1377966.0, "trend": 35.953249, "fair_value": 34.293564, "relative_strength": -15.859855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.374677, "energy": 27.514404, "activity_lines": [ 33.773332, 33.800908, 34.532939, 35.189343 ] }, { "date": "2023-11-17", "close": 33.349998, "volume": 492000, "typical_volume": 1355246.0, "trend": 35.795185, "fair_value": 34.217291, "relative_strength": -16.954919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.173709, "energy": 36.670127, "activity_lines": [ 33.589998, 33.696362, 34.346135, 35.021392 ] }, { "date": "2023-11-24", "close": 33.849998, "volume": 502000, "typical_volume": 1335882.0, "trend": 35.683714, "fair_value": 34.14219, "relative_strength": -15.157607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.032715, "energy": 32.313143, "activity_lines": [ 33.543331, 33.716362, 34.220981, 34.895896 ] }, { "date": "2023-12-01", "close": 33.849998, "volume": 378000, "typical_volume": 1304718.0, "trend": 35.577943, "fair_value": 34.100617, "relative_strength": -15.441483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.674227, "energy": 29.760581, "activity_lines": [ 33.646665, 33.747271, 34.108494, 34.777591 ] }, { "date": "2023-12-08", "close": 35.0, "volume": 484000, "typical_volume": 1209750.0, "trend": 35.527607, "fair_value": 34.068446, "relative_strength": -11.778318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.537148, "energy": 15.311336, "activity_lines": [ 34.116665, 33.97818, 34.118809, 34.740305 ] }, { "date": "2023-12-15", "close": 34.349998, "volume": 1428000, "typical_volume": 1160600.0, "trend": 35.457029, "fair_value": 34.035158, "relative_strength": -14.342697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.318582, "energy": 14.439333, "activity_lines": [ 34.289999, 34.053635, 34.08357, 34.66433 ] }, { "date": "2023-12-22", "close": 33.900002, "volume": 295000, "typical_volume": 1012150.0, "trend": 35.389976, "fair_value": 33.982729, "relative_strength": -14.541102, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.585986, "energy": 11.73879, "activity_lines": [ 34.23, 34.037272, 34.035713, 34.563877 ] }, { "date": "2023-12-29", "close": 33.900002, "volume": 307000, "typical_volume": 982400.0, "trend": 35.208919, "fair_value": 33.943507, "relative_strength": -15.446991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.542319, "energy": 14.049969, "activity_lines": [ 34.133334, 34.002727, 34.010476, 34.467749 ] }, { "date": "2024-01-05", "close": 33.25, "volume": 197000, "typical_volume": 961000.0, "trend": 35.061773, "fair_value": 33.902659, "relative_strength": -14.536284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.211347, "energy": 23.84104, "activity_lines": [ 33.816667, 33.89, 33.929047, 34.341367 ] }, { "date": "2024-01-12", "close": 33.25, "volume": 497000, "typical_volume": 971350.0, "trend": 34.938852, "fair_value": 33.856223, "relative_strength": -13.679102, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.005019, "energy": 29.315533, "activity_lines": [ 33.540001, 33.783636, 33.847142, 34.224479 ] }, { "date": "2024-01-19", "close": 32.25, "volume": 393720, "typical_volume": 870186.0, "trend": 34.772623, "fair_value": 33.807949, "relative_strength": -16.667287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.388327, "energy": 54.174587, "activity_lines": [ 33.046667, 33.505455, 33.673095, 34.051005 ] }, { "date": "2024-01-26", "close": 32.299999, "volume": 209000, "typical_volume": 838736.0, "trend": 34.639412, "fair_value": 33.761519, "relative_strength": -17.560754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.936652, "energy": 62.129011, "activity_lines": [ 32.71, 33.251818, 33.529285, 33.89148 ] }, { "date": "2024-02-02", "close": 33.849998, "volume": 1052000, "typical_volume": 861786.0, "trend": 34.550742, "fair_value": 33.71385, "relative_strength": -13.54072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.011786, "energy": 43.368055, "activity_lines": [ 32.996666, 33.299091, 33.546904, 33.84055 ] }, { "date": "2024-02-09", "close": 33.400002, "volume": 68000, "typical_volume": 840386.0, "trend": 34.442797, "fair_value": 33.658724, "relative_strength": -14.610978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.159122, "energy": 32.473676, "activity_lines": [ 33.136667, 33.264546, 33.524523, 33.766309 ] }, { "date": "2024-02-16", "close": 33.599998, "volume": 148000, "typical_volume": 829236.0, "trend": 34.281666, "fair_value": 33.614531, "relative_strength": -16.061124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.629745, "energy": 17.122613, "activity_lines": [ 33.333333, 33.274545, 33.520952, 33.711935 ] }, { "date": "2024-02-23", "close": 34.049999, "volume": 723000, "typical_volume": 847936.0, "trend": 34.06, "fair_value": 33.578303, "relative_strength": -15.811692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.091264, "energy": 13.716503, "activity_lines": [ 33.656666, 33.391818, 33.557142, 33.696989 ] }, { "date": "2024-03-01", "close": 34.400002, "volume": 514000, "typical_volume": 865336.0, "trend": 33.918333, "fair_value": 33.532128, "relative_strength": -14.720409, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.933125, "energy": 10.386153, "activity_lines": [ 33.976667, 33.578182, 33.625476, 33.718924 ] }, { "date": "2024-03-08", "close": 31.6, "volume": 710000, "typical_volume": 534836.0, "trend": 33.801666, "fair_value": 33.471051, "relative_strength": -24.40482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.245262, "energy": 23.087425, "activity_lines": [ 33.223334, 33.246364, 33.42, 33.569354 ] }, { "date": "2024-03-15", "close": 31.75, "volume": 318000, "typical_volume": 483786.0, "trend": 33.755, "fair_value": 33.372837, "relative_strength": -23.150045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.002451, "energy": 40.609941, "activity_lines": [ 32.67, 32.983636, 33.250238, 33.436989 ] }, { "date": "2024-03-22", "close": 31.35, "volume": 320000, "typical_volume": 474886.0, "trend": 33.67, "fair_value": 33.30711, "relative_strength": -25.566982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.546493, "energy": 60.088631, "activity_lines": [ 32.093334, 32.675455, 33.05119, 33.281828 ] }, { "date": "2024-03-29", "close": 31.049999, "volume": 221000, "typical_volume": 462836.0, "trend": 33.451666, "fair_value": 33.216601, "relative_strength": -25.608081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.003924, "energy": 70.065912, "activity_lines": [ 31.566666, 32.347273, 32.835238, 33.112795 ] }, { "date": "2024-04-05", "close": 30.85, "volume": 111000, "typical_volume": 443786.0, "trend": 33.306666, "fair_value": 33.126842, "relative_strength": -25.385022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.542874, "energy": 72.124215, "activity_lines": [ 31.173333, 32.004545, 32.61, 32.944946 ] }, { "date": "2024-04-12", "close": 31.049999, "volume": 304000, "typical_volume": 433886.0, "trend": 33.193333, "fair_value": 33.035825, "relative_strength": -25.626647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.645753, "energy": 70.046291, "activity_lines": [ 31.083333, 31.724545, 32.415714, 32.799354 ] }, { "date": "2024-04-19", "close": 29.15, "volume": 426000, "typical_volume": 436286.0, "trend": 33.053333, "fair_value": 32.945835, "relative_strength": -25.175156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.548025, "energy": 81.526554, "activity_lines": [ 30.396666, 31.15, 32.053809, 32.538494 ] }, { "date": "2024-04-26", "close": 29.15, "volume": 213000, "typical_volume": 422736.0, "trend": 32.926666, "fair_value": 32.863466, "relative_strength": -26.718837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.543399, "energy": 83.078578, "activity_lines": [ 29.883333, 30.652727, 31.714286, 32.286666 ] }, { "date": "2024-05-03", "close": 30.5, "volume": 327000, "typical_volume": 367686.0, "trend": 32.816666, "fair_value": 32.790766, "relative_strength": -23.469336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.320338, "energy": 74.115773, "activity_lines": [ 29.966667, 30.481818, 31.53119, 32.130107 ] }, { "date": "2024-05-10", "close": 30.1, "volume": 294000, "typical_volume": 367636.0, "trend": 32.723333, "fair_value": 32.719058, "relative_strength": -25.191811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.391813, "energy": 67.114786, "activity_lines": [ 29.953333, 30.302727, 31.328333, 31.954838 ] }, { "date": "2024-05-17", "close": 30.0, "volume": 251000, "typical_volume": 364836.0, "trend": 32.52, "fair_value": 32.660679, "relative_strength": -26.756673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.411585, "energy": 47.811343, "activity_lines": [ 29.956667, 30.183636, 31.134047, 31.77914 ] }, { "date": "2024-05-24", "close": 29.700001, "volume": 321000, "typical_volume": 371036.0, "trend": 32.39, "fair_value": 32.646348, "relative_strength": -27.9466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.91345, "energy": 44.632961, "activity_lines": [ 29.93, 30.039091, 30.929762, 31.597204 ] }, { "date": "2024-05-31", "close": 30.4, "volume": 387000, "typical_volume": 365536.0, "trend": 32.276666, "fair_value": 32.633203, "relative_strength": -24.185445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.38644, "energy": 35.287551, "activity_lines": [ 30.1, 30.059091, 30.809048, 31.468817 ] }, { "date": "2024-06-07", "close": 30.799999, "volume": 329000, "typical_volume": 362300.0, "trend": 32.2, "fair_value": 32.620082, "relative_strength": -24.966206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.777502, "energy": 30.635649, "activity_lines": [ 30.32, 30.169091, 30.74, 31.373548 ] }, { "date": "2024-06-14", "close": 29.6, "volume": 207000, "typical_volume": 362200.0, "trend": 32.075, "fair_value": 32.593172, "relative_strength": -29.366623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.615553, "energy": 35.521017, "activity_lines": [ 30.12, 30.065454, 30.563571, 31.205806 ] }, { "date": "2024-06-21", "close": 29.25, "volume": 359000, "typical_volume": 327550.0, "trend": 31.921667, "fair_value": 32.574179, "relative_strength": -31.8105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.142356, "energy": 42.130718, "activity_lines": [ 29.836667, 29.920909, 30.366667, 31.023548 ] }, { "date": "2024-06-28", "close": 29.65, "volume": 333000, "typical_volume": 340800.0, "trend": 31.781667, "fair_value": 32.558258, "relative_strength": -29.584183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.151528, "energy": 40.162552, "activity_lines": [ 29.736667, 29.881818, 30.229762, 30.876989 ] }, { "date": "2024-07-05", "close": 30.200001, "volume": 379000, "typical_volume": 352350.0, "trend": 31.621667, "fair_value": 32.545101, "relative_strength": -29.19749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.716339, "energy": 37.719862, "activity_lines": [ 29.823334, 29.933637, 30.163095, 30.774946 ] }, { "date": "2024-07-12", "close": 31.950001, "volume": 4254000, "typical_volume": 528900.0, "trend": 31.541667, "fair_value": 32.544685, "relative_strength": -25.603819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.563251, "energy": 5.576085, "activity_lines": [ 30.506667, 30.284546, 30.279286, 30.796129 ] }, { "date": "2024-07-19", "close": 31.0, "volume": 548000, "typical_volume": 530600.0, "trend": 31.445, "fair_value": 32.533862, "relative_strength": -23.773344, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.912407, "energy": 13.295823, "activity_lines": [ 30.796667, 30.436364, 30.315, 30.761183 ] }, { "date": "2024-07-26", "close": 30.25, "volume": 246000, "typical_volume": 507400.0, "trend": 31.323333, "fair_value": 32.521025, "relative_strength": -22.266439, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.384321, "energy": 15.324355, "activity_lines": [ 30.743334, 30.435455, 30.295476, 30.684086 ] }, { "date": "2024-08-02", "close": 29.85, "volume": 224000, "typical_volume": 502700.0, "trend": 31.21, "fair_value": 32.485051, "relative_strength": -20.796511, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.523284, "energy": 15.823439, "activity_lines": [ 30.49, 30.357273, 30.244286, 30.589032 ] }, { "date": "2024-08-09", "close": 26.0, "volume": 923000, "typical_volume": 532850.0, "trend": 30.968333, "fair_value": 32.432779, "relative_strength": -29.76827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.562409, "energy": 61.119473, "activity_lines": [ 28.94, 29.576364, 29.835476, 30.252903 ] }, { "date": "2024-08-16", "close": 29.299999, "volume": 905000, "typical_volume": 567050.0, "trend": 30.87, "fair_value": 32.404201, "relative_strength": -23.362669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.058352, "energy": 50.989097, "activity_lines": [ 28.77, 29.475455, 29.766429, 30.145269 ] }, { "date": "2024-08-23", "close": 29.549999, "volume": 260000, "typical_volume": 574500.0, "trend": 30.778333, "fair_value": 32.392718, "relative_strength": -21.402514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.290057, "energy": 47.507418, "activity_lines": [ 28.859999, 29.447273, 29.729524, 30.060107 ] }, { "date": "2024-08-30", "close": 30.4, "volume": 400000, "typical_volume": 579300.0, "trend": 30.663333, "fair_value": 32.396082, "relative_strength": -18.717863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.130685, "energy": 31.586941, "activity_lines": [ 29.33, 29.574545, 29.779762, 30.035699 ] }, { "date": "2024-09-06", "close": 28.799999, "volume": 167000, "typical_volume": 566350.0, "trend": 30.51, "fair_value": 32.375982, "relative_strength": -19.282903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.165072, "energy": 20.788567, "activity_lines": [ 29.256666, 29.39, 29.680714, 29.915484 ] }, { "date": "2024-09-13", "close": 28.799999, "volume": 210000, "typical_volume": 566200.0, "trend": 30.35, "fair_value": 32.350082, "relative_strength": -19.826636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.469431, "energy": 16.835106, "activity_lines": [ 29.253333, 29.220909, 29.583333, 29.805161 ] }, { "date": "2024-09-20", "close": 30.450001, "volume": 247000, "typical_volume": 562200.0, "trend": 30.23, "fair_value": 32.338746, "relative_strength": -16.11148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.560424, "energy": 10.412806, "activity_lines": [ 29.613333, 29.377272, 29.644762, 29.811613 ] }, { "date": "2024-09-27", "close": 30.25, "volume": 301000, "typical_volume": 562550.0, "trend": 30.091667, "fair_value": 32.333836, "relative_strength": -18.424532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.646509, "energy": 9.185027, "activity_lines": [ 29.83, 29.524545, 29.687381, 29.812903 ] }, { "date": "2024-10-04", "close": 29.4, "volume": 134000, "typical_volume": 556700.0, "trend": 30.018333, "fair_value": 32.32135, "relative_strength": -18.163058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.357573, "energy": 12.187166, "activity_lines": [ 29.716667, 29.530909, 29.648333, 29.768279 ] }, { "date": "2024-10-11", "close": 29.9, "volume": 534000, "typical_volume": 567350.0, "trend": 29.956667, "fair_value": 32.311007, "relative_strength": -18.309295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.288585, "energy": 12.927569, "activity_lines": [ 29.836667, 29.643636, 29.659762, 29.760645 ] }, { "date": "2024-10-18", "close": 29.4, "volume": 256000, "typical_volume": 560800.0, "trend": 29.891667, "fair_value": 32.295332, "relative_strength": -20.778269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.877575, "energy": 8.361334, "activity_lines": [ 29.716667, 29.664545, 29.622619, 29.724731 ] }, { "date": "2024-10-25", "close": 35.549999, "volume": 13357000, "typical_volume": 1212200.0, "trend": 30.041667, "fair_value": 32.323865, "relative_strength": -2.97566, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "up", "direction": 74.872809, "energy": 55.864294, "activity_lines": [ 31.606666, 30.741818, 30.175952, 30.089785 ] }, { "date": "2024-11-01", "close": 33.150002, "volume": 3429000, "typical_volume": 1373300.0, "trend": 30.118333, "fair_value": 32.333823, "relative_strength": -6.590445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.586543, "energy": 57.970959, "activity_lines": [ 32.356667, 31.269091, 30.478095, 30.290323 ] }, { "date": "2024-11-08", "close": 31.5, "volume": 873000, "typical_volume": 1399000.0, "trend": 30.133333, "fair_value": 32.328155, "relative_strength": -13.464972, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.838136, "energy": 57.839218, "activity_lines": [ 32.363334, 31.430909, 30.60619, 30.379462 ] }, { "date": "2024-11-15", "close": 30.049999, "volume": 1305000, "typical_volume": 1447600.0, "trend": 30.163333, "fair_value": 32.299635, "relative_strength": -13.843027, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.706905, "energy": 50.908828, "activity_lines": [ 31.746667, 31.309091, 30.585476, 30.374086 ] }, { "date": "2024-11-22", "close": 30.700001, "volume": 455493, "typical_volume": 1451424.65, "trend": 30.215, "fair_value": 32.289901, "relative_strength": -11.917952, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.805827, "energy": 21.24845, "activity_lines": [ 31.336667, 31.282727, 30.624762, 30.40871 ] }, { "date": "2024-11-29", "close": 29.1, "volume": 528000, "typical_volume": 1265124.65, "trend": 30.168333, "fair_value": 32.264861, "relative_strength": -13.407732, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.23197, "energy": 13.8326, "activity_lines": [ 30.306667, 30.930909, 30.509286, 30.336774 ] }, { "date": "2024-12-06", "close": 29.450001, "volume": 298000, "typical_volume": 1252624.65, "trend": 30.146667, "fair_value": 32.250038, "relative_strength": -15.078617, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.942127, "energy": 14.064711, "activity_lines": [ 29.823334, 30.667273, 30.440714, 30.29043 ] }, { "date": "2024-12-13", "close": 28.5, "volume": 288000, "typical_volume": 1254724.65, "trend": 30.096667, "fair_value": 32.229126, "relative_strength": -16.442973, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.201846, "energy": 22.08347, "activity_lines": [ 29.27, 30.245455, 30.289048, 30.184194 ] }, { "date": "2024-12-20", "close": 27.549999, "volume": 223000, "typical_volume": 1254674.65, "trend": 30.025, "fair_value": 32.188833, "relative_strength": -16.637167, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.7987, "energy": 40.236953, "activity_lines": [ 28.6, 29.667273, 30.055238, 30.019892 ] }, { "date": "2024-12-27", "close": 28.950001, "volume": 383000, "typical_volume": 1227674.65, "trend": 29.976667, "fair_value": 32.161236, "relative_strength": -14.557765, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.948193, "energy": 42.15465, "activity_lines": [ 28.563334, 29.386364, 29.965714, 29.950538 ] }, { "date": "2025-01-03", "close": 28.049999, "volume": 115000, "typical_volume": 1188174.65, "trend": 29.885, "fair_value": 32.121225, "relative_strength": -15.131291, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.957117, "energy": 45.59271, "activity_lines": [ 28.343333, 28.95, 29.776429, 29.826237 ] }, { "date": "2025-01-10", "close": 27.4, "volume": 171000, "typical_volume": 1183724.65, "trend": 29.811667, "fair_value": 32.079971, "relative_strength": -16.684861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.103245, "energy": 49.745803, "activity_lines": [ 27.976666, 28.531818, 29.531191, 29.665914 ] }, { "date": "2025-01-17", "close": 26.549999, "volume": 179000, "typical_volume": 1172674.65, "trend": 29.721667, "fair_value": 32.04204, "relative_strength": -19.006729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.106412, "energy": 50.703693, "activity_lines": [ 27.463333, 28.063636, 29.215238, 29.455484 ] }, { "date": "2025-01-24", "close": 26.65, "volume": 69000, "typical_volume": 1167774.65, "trend": 29.621667, "fair_value": 32.004219, "relative_strength": -19.279832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.399026, "energy": 66.286978, "activity_lines": [ 27.113333, 27.703636, 28.927143, 29.257312 ] }, { "date": "2025-02-07", "close": 27.85, "volume": 124720, "typical_volume": 1163510.65, "trend": 29.543333, "fair_value": 31.978342, "relative_strength": -14.671194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.624117, "energy": 60.819653, "activity_lines": [ 27.223333, 27.623636, 28.763571, 29.143011 ] }, { "date": "2025-02-14", "close": 27.9, "volume": 173031, "typical_volume": 1159812.2, "trend": 29.408333, "fair_value": 31.958368, "relative_strength": -12.540513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.673837, "energy": 50.819685, "activity_lines": [ 27.423333, 27.604545, 28.609286, 29.036989 ] }, { "date": "2025-02-21", "close": 28.4, "volume": 257321, "typical_volume": 1157628.25, "trend": 29.321667, "fair_value": 31.934688, "relative_strength": -12.395639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.458027, "energy": 30.358542, "activity_lines": [ 27.8, 27.698182, 28.514762, 28.971935 ] }, { "date": "2025-02-28", "close": 27.450001, "volume": 98973, "typical_volume": 1155876.9, "trend": 29.228333, "fair_value": 31.908639, "relative_strength": -12.081909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.014188, "energy": 24.545001, "activity_lines": [ 27.793334, 27.638182, 28.338571, 28.851183 ] }, { "date": "2025-03-07", "close": 26.700001, "volume": 114631, "typical_volume": 1134908.45, "trend": 29.123333, "fair_value": 31.886023, "relative_strength": -11.88357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.170023, "energy": 33.154656, "activity_lines": [ 27.476667, 27.460909, 28.100238, 28.688065 ] }, { "date": "2025-03-14", "close": 26.0, "volume": 255084, "typical_volume": 1134862.65, "trend": 29.123333, "fair_value": 31.860515, "relative_strength": -11.293146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.021775, "energy": 57.117635, "activity_lines": [ 26.923334, 27.171818, 27.810476, 28.486559 ] }, { "date": "2025-03-21", "close": 25.85, "volume": 225876, "typical_volume": 478306.45, "trend": 29.008333, "fair_value": 31.861422, "relative_strength": -12.193679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.074554, "energy": 74.411268, "activity_lines": [ 26.443334, 26.909091, 27.522619, 28.275376 ] }, { "date": "2025-03-28", "close": 26.299999, "volume": 3345730, "typical_volume": 474142.95, "trend": 28.9, "fair_value": 31.861759, "relative_strength": -7.713278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.915353, "energy": 65.616271, "activity_lines": [ 26.25, 26.768182, 27.32381, 28.100645 ] }, { "date": "2025-04-04", "close": 27.4, "volume": 1051163, "typical_volume": 483051.1, "trend": 28.8, "fair_value": 31.868084, "relative_strength": -2.13062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.368336, "energy": 40.515523, "activity_lines": [ 26.563333, 26.847273, 27.262381, 28.003871 ] }, { "date": "2025-04-11", "close": 21.299999, "volume": 1173559, "typical_volume": 476479.05, "trend": 28.55, "fair_value": 31.834508, "relative_strength": -16.504963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.211721, "energy": 64.249073, "activity_lines": [ 24.846666, 25.801818, 26.639524, 27.52 ] }, { "date": "2025-04-18", "close": 21.549999, "volume": 420844, "typical_volume": 474746.6, "trend": 28.308333, "fair_value": 31.808383, "relative_strength": -14.456056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.322501, "energy": 68.849427, "activity_lines": [ 23.573333, 24.899091, 26.082143, 27.068387 ] }, { "date": "2025-04-25", "close": 24.450001, "volume": 1257668, "typical_volume": 511230.0, "trend": 28.108333, "fair_value": 31.804304, "relative_strength": -4.907831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.665239, "energy": 55.368718, "activity_lines": [ 23.563333, 24.638182, 25.844524, 26.819462 ] }, { "date": "2025-05-02", "close": 24.700001, "volume": 295352, "typical_volume": 511097.6, "trend": 27.923333, "fair_value": 31.798902, "relative_strength": -7.806474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.103103, "energy": 62.000796, "activity_lines": [ 23.73, 24.485455, 25.652857, 26.59957 ] }, { "date": "2025-05-09", "close": 25.65, "volume": 338252, "typical_volume": 513610.2, "trend": 27.798333, "fair_value": 31.812084, "relative_strength": -4.453349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.955862, "energy": 38.411511, "activity_lines": [ 24.32, 24.572727, 25.574286, 26.452903 ] }, { "date": "2025-05-16", "close": 26.700001, "volume": 600371, "typical_volume": 532478.75, "trend": 27.691667, "fair_value": 31.834388, "relative_strength": -4.439411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.224368, "energy": 17.745553, "activity_lines": [ 25.376667, 24.883637, 25.609286, 26.382043 ] }, { "date": "2025-05-23", "close": 27.4, "volume": 285460, "typical_volume": 527601.75, "trend": 27.625, "fair_value": 31.881912, "relative_strength": -0.849724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.562476, "energy": 16.760081, "activity_lines": [ 26.306667, 25.321818, 25.715, 26.363226 ] }, { "date": "2025-05-30", "close": 27.0, "volume": 159983, "typical_volume": 529850.9, "trend": 27.34, "fair_value": 31.898697, "relative_strength": -0.733382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.763395, "energy": 19.974197, "activity_lines": [ 26.713334, 25.661818, 25.79, 26.322903 ] }, { "date": "2025-06-06", "close": 27.1, "volume": 306800, "typical_volume": 536640.9, "trend": 27.138333, "fair_value": 31.916123, "relative_strength": -1.532776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.183544, "energy": 16.57523, "activity_lines": [ 26.983333, 25.999091, 25.879524, 26.307419 ] }, { "date": "2025-06-13", "close": 26.549999, "volume": 197741, "typical_volume": 537577.95, "trend": 26.973333, "fair_value": 31.924974, "relative_strength": -5.036653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.261125, "energy": 13.880397, "activity_lines": [ 26.91, 26.221818, 25.918095, 26.269462 ] }, { "date": "2025-06-20", "close": 26.4, "volume": 158121, "typical_volume": 542034.0, "trend": 26.851667, "fair_value": 31.926217, "relative_strength": -5.287271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.040428, "energy": 9.831594, "activity_lines": [ 26.726666, 26.432727, 25.942381, 26.232473 ] }, { "date": "2025-06-27", "close": 24.549999, "volume": 188755, "typical_volume": 545235.75, "trend": 26.646667, "fair_value": 31.934208, "relative_strength": -13.784819, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.952903, "energy": 15.604035, "activity_lines": [ 25.946666, 26.214545, 25.791667, 26.083978 ] }, { "date": "2025-07-04", "close": 23.0, "volume": 176808, "typical_volume": 545424.6, "trend": 26.443333, "fair_value": 31.940237, "relative_strength": -18.780413, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.119521, "energy": 36.157786, "activity_lines": [ 24.84, 25.66, 25.509048, 25.84871 ] }, { "date": "2025-07-11", "close": 23.299999, "volume": 124360, "typical_volume": 538776.55, "trend": 26.238333, "fair_value": 31.961745, "relative_strength": -18.133822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.466825, "energy": 66.306908, "activity_lines": [ 24.099999, 25.186363, 25.278333, 25.645914 ] }, { "date": "2025-07-18", "close": 24.25, "volume": 810542, "typical_volume": 574355.0, "trend": 26.096667, "fair_value": 31.978444, "relative_strength": -16.716647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.645886, "energy": 65.032195, "activity_lines": [ 23.93, 24.910909, 25.162381, 25.517634 ] }, { "date": "2025-07-25", "close": 24.549999, "volume": 132802, "typical_volume": 575263.55, "trend": 25.996667, "fair_value": 31.982182, "relative_strength": -15.219619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.161635, "energy": 66.171728, "activity_lines": [ 24.013333, 24.715454, 25.090238, 25.417849 ] }, { "date": "2025-08-01", "close": 24.299999, "volume": 871781, "typical_volume": 606098.4, "trend": 25.841666, "fair_value": 31.980862, "relative_strength": -15.902159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.766968, "energy": 46.167376, "activity_lines": [ 24.136666, 24.513636, 25.004523, 25.308387 ] }, { "date": "2025-08-08", "close": 24.1, "volume": 216310, "typical_volume": 605620.1, "trend": 25.71, "fair_value": 31.97826, "relative_strength": -18.151776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.919042, "energy": 31.125885, "activity_lines": [ 24.209999, 24.331818, 24.907857, 25.196021 ] }, { "date": "2025-08-15", "close": 24.75, "volume": 203590, "typical_volume": 448513.1, "trend": 25.621667, "fair_value": 31.973711, "relative_strength": -16.772899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.615784, "energy": 22.269322, "activity_lines": [ 24.426666, 24.320909, 24.881428, 25.134086 ] }, { "date": "2025-08-22", "close": 25.049999, "volume": 262590, "typical_volume": 409084.45, "trend": 25.571667, "fair_value": 31.967895, "relative_strength": -13.393489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.184872, "energy": 17.030176, "activity_lines": [ 24.646666, 24.407272, 24.890952, 25.097204 ] }, { "date": "2025-08-29", "close": 24.25, "volume": 187476, "typical_volume": 359780.3, "trend": 25.491667, "fair_value": 31.953762, "relative_strength": -17.345944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.396745, "energy": 17.762819, "activity_lines": [ 24.546666, 24.375454, 24.835476, 25.011935 ] }, { "date": "2025-09-05", "close": 24.450001, "volume": 150371, "typical_volume": 346256.65, "trend": 25.378333, "fair_value": 31.946227, "relative_strength": -17.070437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.239265, "energy": 15.36801, "activity_lines": [ 24.533333, 24.419091, 24.785, 24.944731 ] }, { "date": "2025-09-12", "close": 23.85, "volume": 231735, "typical_volume": 294960.0, "trend": 25.243333, "fair_value": 31.934048, "relative_strength": -21.708138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.297736, "energy": 25.448399, "activity_lines": [ 24.31, 24.355454, 24.663571, 24.846129 ] }, { "date": "2025-09-19", "close": 24.700001, "volume": 122721, "typical_volume": 286328.45, "trend": 25.12, "fair_value": 31.917749, "relative_strength": -18.779206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.363713, "energy": 22.147786, "activity_lines": [ 24.386667, 24.430909, 24.625952, 24.811075 ] }, { "date": "2025-09-26", "close": 23.799999, "volume": 216100, "typical_volume": 280220.85, "trend": 24.998333, "fair_value": 31.894373, "relative_strength": -21.178924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.196903, "energy": 27.493438, "activity_lines": [ 24.166667, 24.317273, 24.502619, 24.725914 ] }, { "date": "2025-10-03", "close": 23.200001, "volume": 113161, "typical_volume": 255860.35, "trend": 24.881667, "fair_value": 31.867973, "relative_strength": -26.003304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.309652, "energy": 43.912218, "activity_lines": [ 23.83, 24.102727, 24.330952, 24.609892 ] }, { "date": "2025-10-10", "close": 23.950001, "volume": 173410, "typical_volume": 250257.85, "trend": 24.813333, "fair_value": 31.860905, "relative_strength": -24.578502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.389989, "energy": 35.645498, "activity_lines": [ 23.813334, 24.049091, 24.247381, 24.549785 ] }, { "date": "2025-10-17", "close": 23.75, "volume": 226428, "typical_volume": 253580.1, "trend": 24.743333, "fair_value": 31.823231, "relative_strength": -24.666875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.451739, "energy": 43.617511, "activity_lines": [ 23.763334, 23.965455, 24.161191, 24.481183 ] }, { "date": "2025-10-24", "close": 23.85, "volume": 54601, "typical_volume": 240970.15, "trend": 24.661667, "fair_value": 31.776059, "relative_strength": -24.496629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.995562, "energy": 36.806811, "activity_lines": [ 23.753334, 23.906364, 24.1, 24.423548 ] }, { "date": "2025-10-31", "close": 22.9, "volume": 260000, "typical_volume": 244083.1, "trend": 24.511667, "fair_value": 31.704162, "relative_strength": -28.451047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.347422, "energy": 45.651058, "activity_lines": [ 23.483334, 23.690909, 23.96381, 24.309892 ] }, { "date": "2025-11-07", "close": 21.549999, "volume": 214037, "typical_volume": 246878.9, "trend": 24.52, "fair_value": 31.620322, "relative_strength": -30.454611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.009075, "energy": 69.692672, "activity_lines": [ 22.823333, 23.269091, 23.716429, 24.118817 ] }, { "date": "2025-11-14", "close": 20.549999, "volume": 330980, "typical_volume": 253990.15, "trend": 24.486667, "fair_value": 31.461011, "relative_strength": -32.385724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.504931, "energy": 83.92601, "activity_lines": [ 21.939999, 22.714545, 23.396905, 23.862688 ] }, { "date": "2025-11-21", "close": 18.799999, "volume": 252382, "typical_volume": 257768.85, "trend": 24.298333, "fair_value": 31.293223, "relative_strength": -35.205985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.447769, "energy": 95.171979, "activity_lines": [ 20.699999, 21.912727, 22.929762, 23.495806 ] }, { "date": "2025-11-28", "close": 19.049999, "volume": 232266, "typical_volume": 263164.15, "trend": 24.11, "fair_value": 31.10895, "relative_strength": -36.451502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.328696, "energy": 92.988534, "activity_lines": [ 19.873332, 21.248181, 22.506428, 23.157204 ] }, { "date": "2025-12-05", "close": 19.549999, "volume": 772315, "typical_volume": 261252.8, "trend": 23.906666, "fair_value": 30.989817, "relative_strength": -34.907697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.792962, "energy": 87.473566, "activity_lines": [ 19.533332, 20.777272, 22.150952, 22.86301 ] }, { "date": "2025-12-12", "close": 19.200001, "volume": 268988, "typical_volume": 268062.1, "trend": 23.656666, "fair_value": 30.852546, "relative_strength": -35.888892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.426519, "energy": 86.494725, "activity_lines": [ 19.3, 20.32, 21.784524, 22.559355 ] }, { "date": "2025-12-19", "close": 19.5, "volume": 285135, "typical_volume": 238729.8, "trend": 23.393333, "fair_value": 30.729805, "relative_strength": -33.060552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.21346, "energy": 63.092855, "activity_lines": [ 19.323333, 19.99, 21.472143, 22.291183 ] }, { "date": "2025-12-26", "close": 19.85, "volume": 215610, "typical_volume": 238694.8, "trend": 23.155, "fair_value": 30.606566, "relative_strength": -33.265259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.418695, "energy": 57.619934, "activity_lines": [ 19.533333, 19.804545, 21.215952, 22.06258 ] }, { "date": "2026-01-02", "close": 20.0, "volume": 214862, "typical_volume": 239258.4, "trend": 22.918333, "fair_value": 30.474698, "relative_strength": -33.893162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.167758, "energy": 47.632554, "activity_lines": [ 19.723333, 19.717272, 20.994286, 21.859032 ] }, { "date": "2026-01-09", "close": 19.75, "volume": 250955, "typical_volume": 238676.65, "trend": 22.691666, "fair_value": 30.357395, "relative_strength": -36.060829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.511721, "energy": 41.36924, "activity_lines": [ 19.766667, 19.654545, 20.771428, 21.654623 ] }, { "date": "2026-01-16", "close": 21.700001, "volume": 979847, "typical_volume": 278295.2, "trend": 22.535, "fair_value": 30.219707, "relative_strength": -31.607785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.862423, "energy": 24.428985, "activity_lines": [ 20.446667, 20.003636, 20.759524, 21.590645 ] }, { "date": "2026-01-23", "close": 20.65, "volume": 876200, "typical_volume": 314586.65, "trend": 22.405, "fair_value": 30.125713, "relative_strength": -35.427067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.621392, "energy": 20.992659, "activity_lines": [ 20.61, 20.159091, 20.659762, 21.469032 ] }, { "date": "2026-01-30", "close": 19.9, "volume": 396237, "typical_volume": 322811.75, "trend": 22.301667, "fair_value": 30.024445, "relative_strength": -37.35406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.127935, "energy": 21.043939, "activity_lines": [ 20.446667, 20.176364, 20.506667, 21.307419 ] }, { "date": "2026-02-06", "close": 19.200001, "volume": 196120, "typical_volume": 326481.7, "trend": 22.165, "fair_value": 29.911016, "relative_strength": -38.326756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.590123, "energy": 26.307327, "activity_lines": [ 20.046667, 20.046364, 20.305714, 21.107312 ] }, { "date": "2026-02-13", "close": 19.049999, "volume": 77000, "typical_volume": 319526.7, "trend": 21.991667, "fair_value": 29.81581, "relative_strength": -41.393334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.424738, "energy": 42.266381, "activity_lines": [ 19.65, 19.886364, 20.116667, 20.906344 ] }, { "date": "2026-02-27", "close": 19.200001, "volume": 143330, "typical_volume": 321035.15, "trend": 21.813333, "fair_value": 29.706766, "relative_strength": -43.20958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.617663, "energy": 57.159934, "activity_lines": [ 19.35, 19.762728, 19.964524, 20.726237 ] }, { "date": "2026-03-06", "close": 17.549999, "volume": 359600, "typical_volume": 330344.65, "trend": 21.588333, "fair_value": 29.587967, "relative_strength": -44.539242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.689934, "energy": 78.183607, "activity_lines": [ 18.666667, 19.339091, 19.674286, 20.451183 ] }, { "date": "2026-03-13", "close": 17.25, "volume": 160019, "typical_volume": 327024.2, "trend": 21.36, "fair_value": 29.459846, "relative_strength": -44.405872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.950883, "energy": 86.351728, "activity_lines": [ 18.09, 18.896364, 19.385952, 20.17129 ] }, { "date": "2026-03-20", "close": 17.1, "volume": 222881, "typical_volume": 335438.2, "trend": 21.105, "fair_value": 29.320076, "relative_strength": -44.348976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.934137, "energy": 87.421876, "activity_lines": [ 17.64, 18.473636, 19.114286, 19.896452 ] }, { "date": "2026-03-27", "close": 16.6, "volume": 187031, "typical_volume": 331789.75, "trend": 20.823333, "fair_value": 29.19601, "relative_strength": -44.500505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.232054, "energy": 91.880094, "activity_lines": [ 17.163333, 18.012727, 18.827143, 19.605806 ] }, { "date": "2026-04-03", "close": 16.0, "volume": 182135, "typical_volume": 330194.65, "trend": 20.548333, "fair_value": 29.050832, "relative_strength": -44.765429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.495247, "energy": 91.898852, "activity_lines": [ 16.65, 17.5, 18.512857, 19.294624 ] }, { "date": "2026-04-10", "close": 14.8, "volume": 412560, "typical_volume": 334273.65, "trend": 20.226667, "fair_value": 28.855211, "relative_strength": -52.113183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.363517, "energy": 93.675748, "activity_lines": [ 15.95, 16.872727, 18.110714, 18.923763 ] }, { "date": "2026-04-17", "close": 17.5, "volume": 755660, "typical_volume": 359437.55, "trend": 20.015, "fair_value": 28.688407, "relative_strength": -44.761273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.027245, "energy": 60.763798, "activity_lines": [ 16.333333, 16.842727, 17.993095, 18.747849 ] }, { "date": "2026-04-24", "close": 18.5, "volume": 3483308, "typical_volume": 521989.65, "trend": 19.808333, "fair_value": 28.549663, "relative_strength": -44.00109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.84067, "energy": 43.216676, "activity_lines": [ 17.033333, 17.038182, 17.976905, 18.650107 ] }, { "date": "2026-05-01", "close": 17.9, "volume": 551040, "typical_volume": 510925.9, "trend": 19.611667, "fair_value": 28.420228, "relative_strength": -44.846169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.318973, "energy": 27.33963, "activity_lines": [ 17.44, 17.137273, 17.906191, 18.526989 ] }, { "date": "2026-05-08", "close": 18.450001, "volume": 1106041, "typical_volume": 552778.55, "trend": 19.453333, "fair_value": 28.300073, "relative_strength": -45.880167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.326148, "energy": 25.040021, "activity_lines": [ 17.943334, 17.357273, 17.895714, 18.452043 ] }, { "date": "2026-05-15", "close": 17.25, "volume": 743931, "typical_volume": 575718.35, "trend": 19.23, "fair_value": 28.173322, "relative_strength": -47.882164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.58056, "energy": 22.014449, "activity_lines": [ 17.883334, 17.372727, 17.774524, 18.309893 ] }, { "date": "2026-05-22", "close": 17.35, "volume": 342200, "typical_volume": 582047.85, "trend": 19.016667, "fair_value": 28.050501, "relative_strength": -47.927484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.530872, "energy": 16.489668, "activity_lines": [ 17.693334, 17.411818, 17.673572, 18.188602 ] }, { "date": "2026-05-29", "close": 17.9, "volume": 754011, "typical_volume": 609005.3, "trend": 18.818333, "fair_value": 27.93148, "relative_strength": -48.142437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.008141, "energy": 13.796196, "activity_lines": [ 17.696667, 17.549091, 17.636905, 18.116559 ] }, { "date": "2026-06-05", "close": 17.049999, "volume": 1358029, "typical_volume": 664359.0, "trend": 18.623333, "fair_value": 27.810572, "relative_strength": -49.867782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.5489, "energy": 24.111315, "activity_lines": [ 17.456666, 17.517273, 17.529286, 18.002473 ] }, { "date": "2026-06-12", "close": 16.6, "volume": 521671, "typical_volume": 641450.2, "trend": 18.458333, "fair_value": 27.664856, "relative_strength": -49.057915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.289249, "energy": 24.310497, "activity_lines": [ 17.123333, 17.395454, 17.391667, 17.871935 ] }, { "date": "2026-06-19", "close": 16.700001, "volume": 313189, "typical_volume": 613299.65, "trend": 18.33, "fair_value": 27.530469, "relative_strength": -50.188482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.98228, "energy": 27.741743, "activity_lines": [ 16.946667, 17.280909, 17.287857, 17.758495 ] }, { "date": "2026-06-26", "close": 15.9, "volume": 471936, "typical_volume": 617084.6, "trend": 18.233333, "fair_value": 27.395613, "relative_strength": -49.426712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.385541, "energy": 43.360376, "activity_lines": [ 16.54, 16.986364, 17.126667, 17.60172 ] }, { "date": "2026-07-03", "close": 15.85, "volume": 257137, "typical_volume": 620135.45, "trend": 18.126667, "fair_value": 27.258517, "relative_strength": -50.965649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.096213, "energy": 48.115209, "activity_lines": [ 16.213333, 16.711818, 16.979762, 17.447957 ] }, { "date": "2026-07-10", "close": 15.75, "volume": 502595, "typical_volume": 641415.2, "trend": 18.0, "fair_value": 27.12681, "relative_strength": -48.78401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.667749, "energy": 47.153869, "activity_lines": [ 15.99, 16.467273, 16.839286, 17.294624 ] }, { "date": "2026-07-17", "close": 15.1, "volume": 310361, "typical_volume": 649766.75, "trend": 17.863333, "fair_value": 26.989566, "relative_strength": -46.798565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.89541, "energy": 55.461528, "activity_lines": [ 15.636667, 16.143636, 16.652619, 17.107527 ] }, { "date": "2026-07-24", "close": 14.8, "volume": 228026, "typical_volume": 643188.05, "trend": 17.706667, "fair_value": 26.849576, "relative_strength": -47.980536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.702985, "energy": 64.463003, "activity_lines": [ 15.283333, 15.826364, 16.456905, 16.909893 ] }, { "date": "2026-07-31", "close": 13.65, "volume": 529018, "typical_volume": 661638.0, "trend": 17.5, "fair_value": 26.690705, "relative_strength": -50.351637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.262039, "energy": 73.740823, "activity_lines": [ 14.673333, 15.344545, 16.164762, 16.648172 ] }, { "date": "2026-08-07", "close": 13.85, "volume": 188681, "typical_volume": 659928.0, "trend": 17.295, "fair_value": 26.51859, "relative_strength": -49.788056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.566799, "energy": 76.566634, "activity_lines": [ 14.28, 14.966364, 15.90881, 16.412688 ] }, { "date": "2026-08-14", "close": 13.8, "volume": 100240, "typical_volume": 655588.45, "trend": 17.096667, "fair_value": 26.359295, "relative_strength": -50.63177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.473713, "energy": 79.176903, "activity_lines": [ 14.003333, 14.652727, 15.663571, 16.187204 ] } ], "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." } } }