{ "ticker": { "uuid": "46b37575-9ae4-435e-b73d-eb7379262c3d", "symbol": "KRONA", "name": "Krona Public Real Estate AB", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 53.661, "architecture_energy": 38.288, "architecture_maturity": 34.825, "architecture_confidence": 66.945, "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": 27.34, "rotation_up": 41.19, "upward_expansion": 73.96, "deceleration": 62.34, "rotation_down": 25.57, "downward_expansion": 5.29 }, "activity_lines": [ 41.773332, 41.698181, 41.406667, 40.952688 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 41.599998, "trend_reference": 39.846667, "distance_from_trend": 0.044002, "trend_direction": "Improving", "fair_value": 44.263462, "distance_from_fair_value": -0.060173, "fair_value_direction": "Improving", "relative_strength": -2.124991, "relative_strength_direction": "Improving", "price_momentum": 0.188571, "excess_performance": 0.127077, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044002, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054145, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.060173, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.041733, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.02125, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003478, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.188571, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 126.826667, "read": "Demand-led" } ], "volume": { "latest": 120, "relative_activity": 0.019335, "balance": 126.826667, "dry_up": 0.081449, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.02034, "annualized_volatility": 0.307345, "from_high_reference": -0.028037, "from_low_reference": 0.341935 }, "levels": { "trend_reference": 39.846667, "fair_value_reference": 44.263462, "structural_low": 34.599998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.004202, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.000605, "regime_survival": 0.6, "best_return": 0.02, "worst_return": -0.192308, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.056583, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.104593, "regime_survival": 0.25, "best_return": 0.024272, "worst_return": -0.393846, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.231373, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.262446, "regime_survival": 0.0, "best_return": -0.219048, "worst_return": -0.243697, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.311485, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.407285, "regime_survival": 0.0, "best_return": -0.270588, "worst_return": -0.352381, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-07-26", "tenure": "New", "return": 0.099547, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-09-13", "tenure": "Developing", "return": -0.013636, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": 0.139535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-12-20", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": -0.033663, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.061728, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": -0.00905, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-16", "tenure": "Developing", "return": -0.014218, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.028985, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-10-31", "tenure": "Established", "return": -0.063107, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-02-27", "tenure": "Established", "return": -0.011111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-04-24", "tenure": "Developing", "return": -0.029126, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.004831, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 59.5, "volume": 71, "typical_volume": 1856.45, "trend": 54.388271, "fair_value": 77.103154, "relative_strength": -8.654546, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.950541, "energy": 74.533318, "activity_lines": [ 58.233333, 55.765549, 52.283347, 52.49265 ] }, { "date": "2023-08-25", "close": 57.5, "volume": 16, "typical_volume": 1563.95, "trend": 54.174152, "fair_value": 76.945064, "relative_strength": -10.982777, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.137104, "energy": 68.595189, "activity_lines": [ 58.266667, 56.473172, 52.894995, 52.693406 ] }, { "date": "2023-09-01", "close": 56.5, "volume": 29, "typical_volume": 1456.8, "trend": 53.770024, "fair_value": 76.781504, "relative_strength": -13.053991, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.263268, "energy": 53.604021, "activity_lines": [ 57.666667, 56.809091, 53.398097, 52.843461 ] }, { "date": "2023-09-08", "close": 57.5, "volume": 679, "typical_volume": 1310.05, "trend": 53.461898, "fair_value": 76.628476, "relative_strength": -10.141103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.500384, "energy": 37.615433, "activity_lines": [ 57.533333, 57.172727, 53.978669, 53.084105 ] }, { "date": "2023-09-15", "close": 59.5, "volume": 14, "typical_volume": 1299.55, "trend": 53.251775, "fair_value": 76.493606, "relative_strength": -6.836193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.119309, "energy": 49.28285, "activity_lines": [ 58.1, 57.790909, 54.734104, 53.47366 ] }, { "date": "2023-09-22", "close": 60.0, "volume": 736, "typical_volume": 1279.55, "trend": 53.058319, "fair_value": 76.36475, "relative_strength": -3.720239, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.127471, "energy": 51.675232, "activity_lines": [ 58.733333, 58.354545, 55.512021, 53.909029 ] }, { "date": "2023-09-29", "close": 60.0, "volume": 692, "typical_volume": 1149.8, "trend": 53.00587, "fair_value": 76.237891, "relative_strength": -2.229296, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.280475, "energy": 81.516316, "activity_lines": [ 59.333333, 58.754545, 56.243978, 54.356879 ] }, { "date": "2023-10-06", "close": 60.0, "volume": 12, "typical_volume": 772.5, "trend": 53.188435, "fair_value": 76.112984, "relative_strength": -1.221636, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.364357, "energy": 82.862944, "activity_lines": [ 59.766667, 59.027273, 56.898621, 54.808114 ] }, { "date": "2023-10-13", "close": 60.0, "volume": 0, "typical_volume": 738.9, "trend": 53.402335, "fair_value": 75.989985, "relative_strength": -1.904414, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.828526, "energy": 83.757531, "activity_lines": [ 59.966667, 59.272727, 57.467652, 55.247569 ] }, { "date": "2023-10-20", "close": 57.0, "volume": 399, "typical_volume": 729.9, "trend": 53.484899, "fair_value": 75.846121, "relative_strength": -0.942915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.593274, "energy": 59.447114, "activity_lines": [ 59.0, 58.936364, 57.669044, 55.479677 ] }, { "date": "2023-10-27", "close": 52.5, "volume": 2802, "typical_volume": 863.4, "trend": 53.401796, "fair_value": 75.670586, "relative_strength": -6.685199, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.611907, "energy": 19.580274, "activity_lines": [ 56.7, 57.8, 57.386215, 55.416135 ] }, { "date": "2023-11-03", "close": 53.0, "volume": 225, "typical_volume": 771.3, "trend": 53.344953, "fair_value": 75.501403, "relative_strength": -8.359647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.437021, "energy": 30.280043, "activity_lines": [ 55.066667, 56.881818, 57.116783, 55.390213 ] }, { "date": "2023-11-10", "close": 55.0, "volume": 370, "typical_volume": 789.1, "trend": 53.419326, "fair_value": 75.349541, "relative_strength": -3.649623, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.713908, "energy": 31.969643, "activity_lines": [ 54.566667, 56.409091, 57.009524, 55.49699 ] }, { "date": "2023-11-17", "close": 55.5, "volume": 409, "typical_volume": 568.6, "trend": 53.461953, "fair_value": 75.203588, "relative_strength": -5.656819, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.622805, "energy": 30.568424, "activity_lines": [ 54.566667, 56.054545, 56.916667, 55.631227 ] }, { "date": "2023-11-24", "close": 57.5, "volume": 5, "typical_volume": 567.7, "trend": 53.571247, "fair_value": 75.074365, "relative_strength": -2.817184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.680095, "energy": 20.184956, "activity_lines": [ 55.533333, 56.1, 56.995238, 55.891746 ] }, { "date": "2023-12-01", "close": 57.5, "volume": 0, "typical_volume": 534.25, "trend": 53.809639, "fair_value": 74.947014, "relative_strength": -2.931731, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.465246, "energy": 20.432426, "activity_lines": [ 56.466667, 56.181818, 57.045238, 56.145214 ] }, { "date": "2023-12-08", "close": 54.5, "volume": 12, "typical_volume": 509.0, "trend": 54.167498, "fair_value": 74.799913, "relative_strength": -9.610353, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.676767, "energy": 12.89975, "activity_lines": [ 56.066667, 55.763636, 56.778571, 56.189753 ] }, { "date": "2023-12-15", "close": 59.0, "volume": 1513, "typical_volume": 482.35, "trend": 54.733451, "fair_value": 74.687057, "relative_strength": -4.203841, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.76131, "energy": 32.925043, "activity_lines": [ 57.066667, 56.263636, 56.933333, 56.501528 ] }, { "date": "2023-12-22", "close": 59.5, "volume": 530, "typical_volume": 505.85, "trend": 55.290251, "fair_value": 74.579347, "relative_strength": -2.290116, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.550831, "energy": 36.768437, "activity_lines": [ 57.966667, 56.872727, 57.133333, 56.809047 ] }, { "date": "2023-12-29", "close": 57.0, "volume": 796, "typical_volume": 465.5, "trend": 55.679804, "fair_value": 74.455549, "relative_strength": -6.433582, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.402599, "energy": 25.757693, "activity_lines": [ 57.766667, 57.036364, 57.088095, 56.919353 ] }, { "date": "2024-01-05", "close": 60.0, "volume": 2160, "typical_volume": 569.95, "trend": 56.169357, "fair_value": 74.354461, "relative_strength": 1.662866, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.742892, "energy": 45.314989, "activity_lines": [ 58.6, 57.745455, 57.333333, 57.198076 ] }, { "date": "2024-01-12", "close": 65.0, "volume": 2309, "typical_volume": 684.6, "trend": 56.767482, "fair_value": 74.2895, "relative_strength": 9.533746, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.41534, "energy": 75.384915, "activity_lines": [ 60.933333, 59.227273, 58.052381, 57.767795 ] }, { "date": "2024-01-19", "close": 65.0, "volume": 0, "typical_volume": 683.15, "trend": 57.333333, "fair_value": 74.225434, "relative_strength": 12.440853, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.907833, "energy": 84.041827, "activity_lines": [ 62.566667, 60.490909, 58.735714, 58.298925 ] }, { "date": "2024-01-26", "close": 64.0, "volume": 413, "typical_volume": 669.85, "trend": 57.75, "fair_value": 74.155397, "relative_strength": 7.511178, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.697438, "energy": 86.535077, "activity_lines": [ 63.466667, 61.390909, 59.283333, 58.729032 ] }, { "date": "2024-02-02", "close": 54.0, "volume": 4738, "typical_volume": 906.05, "trend": 57.833333, "fair_value": 74.018286, "relative_strength": -8.705525, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.902195, "energy": 42.279681, "activity_lines": [ 60.733333, 60.318182, 58.847619, 58.487097 ] }, { "date": "2024-02-09", "close": 52.5, "volume": 76, "typical_volume": 873.05, "trend": 57.883333, "fair_value": 73.872892, "relative_strength": -10.103056, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -17.51547, "energy": 17.150095, "activity_lines": [ 57.7, 59.036364, 58.295238, 58.143011 ] }, { "date": "2024-02-16", "close": 52.0, "volume": 677, "typical_volume": 872.3, "trend": 57.85, "fair_value": 73.726094, "relative_strength": -12.528069, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.198045, "energy": 52.284426, "activity_lines": [ 55.0, 57.754545, 57.730952, 57.763441 ] }, { "date": "2024-02-23", "close": 51.0, "volume": 50, "typical_volume": 874.2, "trend": 57.6, "fair_value": 73.574586, "relative_strength": -14.553279, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.858253, "energy": 64.264246, "activity_lines": [ 52.833333, 56.336364, 57.109524, 57.321505 ] }, { "date": "2024-03-01", "close": 48.599998, "volume": 5257, "typical_volume": 1137.05, "trend": 57.286667, "fair_value": 73.409192, "relative_strength": -18.95311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.226575, "energy": 85.705088, "activity_lines": [ 50.799999, 54.627272, 56.302381, 56.74086 ] }, { "date": "2024-03-08", "close": 44.0, "volume": 1290, "typical_volume": 1181.6, "trend": 56.82, "fair_value": 73.21571, "relative_strength": -26.983093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.264035, "energy": 94.629719, "activity_lines": [ 48.259999, 52.28, 55.111428, 55.883656 ] }, { "date": "2024-03-15", "close": 45.0, "volume": 595, "typical_volume": 1071.25, "trend": 56.336667, "fair_value": 73.031294, "relative_strength": -26.214251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.324258, "energy": 92.567089, "activity_lines": [ 46.72, 50.350909, 54.077619, 55.121075 ] }, { "date": "2024-03-22", "close": 39.0, "volume": 137721, "typical_volume": 7946.05, "trend": 55.72, "fair_value": 72.810311, "relative_strength": -35.517946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.023002, "energy": 96.057074, "activity_lines": [ 43.68, 47.603636, 52.508095, 54.002581 ] }, { "date": "2024-03-29", "close": 38.200001, "volume": 365, "typical_volume": 7945.8, "trend": 55.11, "fair_value": 72.587019, "relative_strength": -35.94411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.01544, "energy": 94.859658, "activity_lines": [ 41.24, 45.183636, 50.929048, 52.872258 ] }, { "date": "2024-04-05", "close": 39.0, "volume": 1012, "typical_volume": 7975.95, "trend": 54.493333, "fair_value": 72.371718, "relative_strength": -33.741406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.019394, "energy": 90.960425, "activity_lines": [ 39.92, 43.396364, 49.50619, 51.832903 ] }, { "date": "2024-04-12", "close": 39.400002, "volume": 869, "typical_volume": 8019.15, "trend": 53.823333, "fair_value": 72.090279, "relative_strength": -32.693847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.450233, "energy": 88.033228, "activity_lines": [ 39.373334, 42.136364, 48.2, 50.85914 ] }, { "date": "2024-04-19", "close": 37.799999, "volume": 1017, "typical_volume": 8070.0, "trend": 53.083333, "fair_value": 71.795873, "relative_strength": -34.815385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.717372, "energy": 86.967855, "activity_lines": [ 38.6, 40.850909, 46.827619, 49.825376 ] }, { "date": "2024-04-26", "close": 36.599998, "volume": 1947, "typical_volume": 8166.75, "trend": 52.303333, "fair_value": 71.499197, "relative_strength": -37.763281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.887749, "energy": 74.452888, "activity_lines": [ 37.906666, 39.614545, 45.434762, 48.761935 ] }, { "date": "2024-05-03", "close": 36.0, "volume": 305, "typical_volume": 8106.35, "trend": 51.503333, "fair_value": 71.204095, "relative_strength": -37.928037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.401065, "energy": 87.892848, "activity_lines": [ 37.173333, 38.549091, 44.07, 47.710107 ] }, { "date": "2024-05-10", "close": 35.200001, "volume": 475, "typical_volume": 8103.6, "trend": 50.676667, "fair_value": 70.903866, "relative_strength": -41.028164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.823714, "energy": 81.431686, "activity_lines": [ 36.32, 37.610909, 42.738571, 46.65828 ] }, { "date": "2024-05-17", "close": 36.400002, "volume": 17050, "typical_volume": 8916.3, "trend": 49.99, "fair_value": 70.600486, "relative_strength": -38.187229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.465707, "energy": 72.450277, "activity_lines": [ 36.120001, 37.134546, 41.637143, 45.737204 ] }, { "date": "2024-05-24", "close": 39.0, "volume": 3976, "typical_volume": 9007.1, "trend": 49.54, "fair_value": 70.324615, "relative_strength": -34.112221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.285464, "energy": 63.880797, "activity_lines": [ 36.986667, 37.269091, 40.881429, 45.028172 ] }, { "date": "2024-05-31", "close": 38.599998, "volume": 6242, "typical_volume": 9203.75, "trend": 49.06, "fair_value": 70.035337, "relative_strength": -33.998953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.993498, "energy": 57.984898, "activity_lines": [ 37.64, 37.44, 40.187619, 44.322366 ] }, { "date": "2024-06-07", "close": 39.599998, "volume": 1, "typical_volume": 9203.8, "trend": 48.546667, "fair_value": 69.747049, "relative_strength": -32.526854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.007, "energy": 49.018693, "activity_lines": [ 38.493332, 37.8, 39.714762, 43.712043 ] }, { "date": "2024-06-14", "close": 38.200001, "volume": 1, "typical_volume": 9183.2, "trend": 47.97, "fair_value": 69.463339, "relative_strength": -33.029306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.520991, "energy": 41.912201, "activity_lines": [ 38.64, 37.88, 39.229524, 43.044516 ] }, { "date": "2024-06-21", "close": 38.200001, "volume": 500, "typical_volume": 8971.3, "trend": 47.326667, "fair_value": 69.166076, "relative_strength": -32.961453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.751374, "energy": 52.438539, "activity_lines": [ 38.586667, 37.974545, 38.867143, 42.414194 ] }, { "date": "2024-06-28", "close": 38.599998, "volume": 450, "typical_volume": 8990.0, "trend": 46.696667, "fair_value": 68.865956, "relative_strength": -31.714219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.48895, "energy": 47.366817, "activity_lines": [ 38.546666, 38.163636, 38.618095, 41.851183 ] }, { "date": "2024-07-05", "close": 39.799999, "volume": 3060, "typical_volume": 9109.15, "trend": 46.206667, "fair_value": 68.58166, "relative_strength": -28.777313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.125052, "energy": 39.357704, "activity_lines": [ 38.933333, 38.556363, 38.549524, 41.406236 ] }, { "date": "2024-07-12", "close": 39.799999, "volume": 655, "typical_volume": 9139.4, "trend": 45.566666, "fair_value": 68.297364, "relative_strength": -30.319756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.474081, "energy": 30.51832, "activity_lines": [ 39.239999, 38.890908, 38.539047, 40.992903 ] }, { "date": "2024-07-19", "close": 44.200001, "volume": 3522, "typical_volume": 9052.65, "trend": 45.056667, "fair_value": 68.033142, "relative_strength": -20.345216, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 22.27342, "energy": 30.998448, "activity_lines": [ 41.0, 39.956363, 39.000952, 40.904731 ] }, { "date": "2024-07-26", "close": 48.599998, "volume": 5437, "typical_volume": 9260.0, "trend": 44.776666, "fair_value": 67.797124, "relative_strength": -12.135077, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 36.415426, "energy": 51.901827, "activity_lines": [ 43.826666, 41.658181, 39.902857, 41.133333 ] }, { "date": "2024-08-02", "close": 44.0, "volume": 2451, "typical_volume": 9352.8, "trend": 44.243333, "fair_value": 67.537041, "relative_strength": -16.21614, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.731074, "energy": 46.13379, "activity_lines": [ 44.426666, 42.301818, 40.344762, 41.083226 ] }, { "date": "2024-08-09", "close": 48.200001, "volume": 2899, "typical_volume": 2611.7, "trend": 43.683333, "fair_value": 67.30388, "relative_strength": -7.342284, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.35896, "energy": 61.33666, "activity_lines": [ 46.066667, 43.618182, 41.191428, 41.338494 ] }, { "date": "2024-08-16", "close": 49.0, "volume": 8414, "typical_volume": 3014.15, "trend": 43.15, "fair_value": 67.081269, "relative_strength": -7.872522, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.3756, "energy": 79.691546, "activity_lines": [ 47.413333, 44.905454, 42.070476, 41.681505 ] }, { "date": "2024-08-23", "close": 46.400002, "volume": 6930, "typical_volume": 3310.05, "trend": 42.563333, "fair_value": 66.844703, "relative_strength": -12.965149, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.881072, "energy": 54.469694, "activity_lines": [ 47.280001, 45.549091, 42.650476, 41.891183 ] }, { "date": "2024-08-30", "close": 46.200001, "volume": 470, "typical_volume": 3290.1, "trend": 42.303333, "fair_value": 66.606854, "relative_strength": -13.925676, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.232088, "energy": 54.040873, "activity_lines": [ 46.933334, 46.007273, 43.176191, 42.125806 ] }, { "date": "2024-09-06", "close": 45.0, "volume": 7209, "typical_volume": 3599.7, "trend": 42.053333, "fair_value": 66.342338, "relative_strength": -11.59523, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.454818, "energy": 47.985603, "activity_lines": [ 46.346667, 46.101819, 43.555238, 42.299785 ] }, { "date": "2024-09-13", "close": 43.400002, "volume": 4252, "typical_volume": 3714.95, "trend": 41.766667, "fair_value": 66.062144, "relative_strength": -15.444532, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 42.015404, "energy": 27.709627, "activity_lines": [ 45.160001, 45.789092, 43.747619, 42.386667 ] }, { "date": "2024-09-20", "close": 43.0, "volume": 2061, "typical_volume": 3802.75, "trend": 41.5, "fair_value": 65.775598, "relative_strength": -17.111965, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.717152, "energy": 24.265875, "activity_lines": [ 44.160001, 45.338183, 43.869524, 42.466237 ] }, { "date": "2024-09-27", "close": 43.200001, "volume": 2018, "typical_volume": 3879.9, "trend": 41.32, "fair_value": 65.501357, "relative_strength": -17.726737, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.723453, "energy": 23.990066, "activity_lines": [ 43.626667, 44.865455, 43.977143, 42.575914 ] }, { "date": "2024-10-04", "close": 48.0, "volume": 1886, "typical_volume": 3121.7, "trend": 41.453333, "fair_value": 65.252374, "relative_strength": -6.482043, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.556024, "energy": 25.382464, "activity_lines": [ 44.906667, 45.283637, 44.50381, 43.006882 ] }, { "date": "2024-10-11", "close": 49.0, "volume": 55497, "typical_volume": 5697.75, "trend": 41.586667, "fair_value": 65.009801, "relative_strength": -3.177488, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.609086, "energy": 37.325099, "activity_lines": [ 46.4, 45.894546, 45.070477, 43.493764 ] }, { "date": "2024-10-18", "close": 52.5, "volume": 13403, "typical_volume": 6055.8, "trend": 42.036667, "fair_value": 64.795176, "relative_strength": 4.253462, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.907985, "energy": 66.916128, "activity_lines": [ 48.793333, 47.05091, 45.922857, 44.19785 ] }, { "date": "2024-10-25", "close": 52.0, "volume": 20007, "typical_volume": 7056.1, "trend": 42.496667, "fair_value": 64.577345, "relative_strength": 3.912868, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.43387, "energy": 82.887311, "activity_lines": [ 50.413333, 48.038182, 46.661429, 44.840645 ] }, { "date": "2024-11-01", "close": 51.0, "volume": 93, "typical_volume": 7060.7, "trend": 42.896667, "fair_value": 64.353104, "relative_strength": 3.826595, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.116049, "energy": 82.375845, "activity_lines": [ 51.1, 48.789091, 47.245715, 45.389247 ] }, { "date": "2024-11-08", "close": 52.0, "volume": 66, "typical_volume": 7039.0, "trend": 43.316667, "fair_value": 64.146297, "relative_strength": 6.40434, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.910681, "energy": 87.217036, "activity_lines": [ 51.6, 49.638182, 47.864286, 45.976559 ] }, { "date": "2024-11-15", "close": 50.0, "volume": 210, "typical_volume": 7027.0, "trend": 43.723333, "fair_value": 63.915646, "relative_strength": 4.860736, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.559148, "energy": 78.893844, "activity_lines": [ 51.166667, 50.018182, 48.226667, 46.407742 ] }, { "date": "2024-11-22", "close": 48.200001, "volume": 1004, "typical_volume": 6924.2, "trend": 44.11, "fair_value": 63.689991, "relative_strength": 1.601389, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.132449, "energy": 47.504803, "activity_lines": [ 50.066667, 49.98, 48.363334, 46.696559 ] }, { "date": "2024-11-29", "close": 48.400002, "volume": 860, "typical_volume": 6934.45, "trend": 44.523334, "fair_value": 63.465619, "relative_strength": 2.692445, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.181609, "energy": 31.701422, "activity_lines": [ 49.320001, 49.89091, 48.479048, 46.973334 ] }, { "date": "2024-12-06", "close": 65.0, "volume": 3630, "typical_volume": 6939.85, "trend": 45.516667, "fair_value": 63.333878, "relative_strength": 32.439084, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.063069, "energy": 62.810466, "activity_lines": [ 54.346667, 52.721819, 50.134762, 48.294409 ] }, { "date": "2024-12-13", "close": 51.0, "volume": 8400, "typical_volume": 7088.0, "trend": 46.003333, "fair_value": 63.117904, "relative_strength": 6.790656, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.936314, "energy": 42.792498, "activity_lines": [ 53.773334, 52.61091, 50.358096, 48.648172 ] }, { "date": "2024-12-20", "close": 50.0, "volume": 910, "typical_volume": 7010.95, "trend": 46.37, "fair_value": 62.890009, "relative_strength": 8.692827, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.022555, "energy": 39.499005, "activity_lines": [ 52.933334, 52.263637, 50.474762, 48.906022 ] }, { "date": "2024-12-27", "close": 50.5, "volume": 771, "typical_volume": 6904.55, "trend": 46.766667, "fair_value": 62.664692, "relative_strength": 9.489822, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.28147, "energy": 36.956026, "activity_lines": [ 52.26, 51.989091, 50.610477, 49.172473 ] }, { "date": "2025-01-03", "close": 50.5, "volume": 3429, "typical_volume": 6655.3, "trend": 47.13, "fair_value": 62.42817, "relative_strength": 9.194205, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.371599, "energy": 19.600196, "activity_lines": [ 51.433333, 51.750909, 50.735238, 49.413334 ] }, { "date": "2025-01-10", "close": 51.0, "volume": 905, "typical_volume": 6354.05, "trend": 47.556667, "fair_value": 62.197655, "relative_strength": 10.589914, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.716215, "energy": 19.057138, "activity_lines": [ 50.633333, 51.630909, 50.900476, 49.663011 ] }, { "date": "2025-01-17", "close": 47.0, "volume": 21286, "typical_volume": 7394.85, "trend": 47.85, "fair_value": 61.9471, "relative_strength": -0.651515, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.794088, "energy": 13.172334, "activity_lines": [ 49.433333, 50.783637, 50.662857, 49.627097 ] }, { "date": "2025-01-24", "close": 46.799999, "volume": 11800, "typical_volume": 7624.4, "trend": 48.123334, "fair_value": 61.689662, "relative_strength": -2.025498, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.600838, "energy": 14.282494, "activity_lines": [ 48.433333, 49.990909, 50.402381, 49.559355 ] }, { "date": "2025-01-31", "close": 47.200001, "volume": 550, "typical_volume": 7439.3, "trend": 48.37, "fair_value": 61.44039, "relative_strength": -0.670323, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.629546, "energy": 23.406267, "activity_lines": [ 47.78, 49.329091, 50.171429, 49.499785 ] }, { "date": "2025-02-07", "close": 48.799999, "volume": 410, "typical_volume": 7356.75, "trend": 48.67, "fair_value": 61.198573, "relative_strength": 4.326187, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.466663, "energy": 21.773226, "activity_lines": [ 47.88, 48.976363, 50.074762, 49.527527 ] }, { "date": "2025-02-14", "close": 48.599998, "volume": 900, "typical_volume": 7300.85, "trend": 48.816667, "fair_value": 60.958275, "relative_strength": 1.352184, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.449495, "energy": 21.685567, "activity_lines": [ 48.026666, 48.579999, 49.931428, 49.523011 ] }, { "date": "2025-02-21", "close": 46.799999, "volume": 3318, "typical_volume": 7372.45, "trend": 48.756667, "fair_value": 60.712041, "relative_strength": -2.261431, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.322917, "energy": 16.482381, "activity_lines": [ 47.733332, 48.154545, 49.590952, 49.392903 ] }, { "date": "2025-02-28", "close": 47.0, "volume": 12085, "typical_volume": 5201.85, "trend": 48.856667, "fair_value": 60.436277, "relative_strength": -1.591002, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.045362, "energy": 16.681037, "activity_lines": [ 47.519999, 47.841818, 49.275238, 49.27957 ] }, { "date": "2025-03-07", "close": 45.599998, "volume": 491, "typical_volume": 4556.25, "trend": 48.77, "fair_value": 60.15714, "relative_strength": -4.577635, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.127469, "energy": 34.637522, "activity_lines": [ 46.826665, 47.32909, 48.835714, 49.069462 ] }, { "date": "2025-03-14", "close": 44.200001, "volume": 204, "typical_volume": 3566.1, "trend": 48.61, "fair_value": 59.852221, "relative_strength": -5.759667, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.795457, "energy": 66.901078, "activity_lines": [ 45.773333, 46.650909, 48.295714, 48.774624 ] }, { "date": "2025-03-21", "close": 43.799999, "volume": 2830, "typical_volume": 3702.95, "trend": 48.523333, "fair_value": 59.527932, "relative_strength": -4.86224, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.815817, "energy": 79.535428, "activity_lines": [ 44.893333, 46.014545, 47.754762, 48.464301 ] }, { "date": "2025-03-28", "close": 42.200001, "volume": 1610, "typical_volume": 3780.15, "trend": 48.39, "fair_value": 59.189744, "relative_strength": -5.360823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.673416, "energy": 86.565225, "activity_lines": [ 43.8, 45.218181, 47.095714, 48.056344 ] }, { "date": "2025-04-04", "close": 41.400002, "volume": 1000, "typical_volume": 3819.65, "trend": 48.27, "fair_value": 58.829361, "relative_strength": 2.928046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.962527, "energy": 88.57675, "activity_lines": [ 42.746667, 44.363636, 46.407143, 47.605376 ] }, { "date": "2025-04-11", "close": 38.799999, "volume": 2356, "typical_volume": 3887.25, "trend": 48.116667, "fair_value": 58.463689, "relative_strength": -3.267331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.774836, "energy": 92.675492, "activity_lines": [ 41.2, 43.134545, 45.511905, 46.994408 ] }, { "date": "2025-04-18", "close": 41.0, "volume": 3935, "typical_volume": 4041.0, "trend": 48.05, "fair_value": 58.11212, "relative_strength": -1.413721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.052271, "energy": 83.718091, "activity_lines": [ 40.84, 42.458182, 44.870952, 46.535269 ] }, { "date": "2025-04-25", "close": 41.799999, "volume": 5, "typical_volume": 3859.75, "trend": 48.003333, "fair_value": 57.754302, "relative_strength": -2.755209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.201203, "energy": 73.528318, "activity_lines": [ 40.96, 42.069091, 44.341428, 46.132043 ] }, { "date": "2025-05-02", "close": 41.200001, "volume": 1550, "typical_volume": 3517.25, "trend": 47.776667, "fair_value": 57.415392, "relative_strength": -5.797187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.907191, "energy": 59.02812, "activity_lines": [ 41.013333, 41.694546, 43.865238, 45.693118 ] }, { "date": "2025-05-09", "close": 41.0, "volume": 19521, "typical_volume": 4447.8, "trend": 47.51, "fair_value": 57.08089, "relative_strength": -6.075407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.768794, "energy": 48.079934, "activity_lines": [ 41.066667, 41.385455, 43.416667, 45.255914 ] }, { "date": "2025-05-16", "close": 41.599998, "volume": 1012, "typical_volume": 4459.85, "trend": 47.146667, "fair_value": 56.744544, "relative_strength": -8.495565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.147576, "energy": 37.219157, "activity_lines": [ 41.346666, 41.294545, 43.068095, 44.874623 ] }, { "date": "2025-05-23", "close": 41.400002, "volume": 2989, "typical_volume": 4437.85, "trend": 46.793333, "fair_value": 56.418294, "relative_strength": -6.751678, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.182576, "energy": 35.698925, "activity_lines": [ 41.373334, 41.24, 42.742857, 44.503871 ] }, { "date": "2025-05-30", "close": 42.599998, "volume": 1071, "typical_volume": 4446.15, "trend": 46.513333, "fair_value": 56.094048, "relative_strength": -4.911549, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.953636, "energy": 31.530735, "activity_lines": [ 41.773333, 41.454545, 42.575238, 44.233333 ] }, { "date": "2025-06-06", "close": 41.200001, "volume": 30, "typical_volume": 3383.35, "trend": 46.153333, "fair_value": 55.760827, "relative_strength": -9.086776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.221331, "energy": 29.97929, "activity_lines": [ 41.653333, 41.436364, 42.314286, 43.890537 ] }, { "date": "2025-06-13", "close": 41.200001, "volume": 0, "typical_volume": 2793.35, "trend": 45.86, "fair_value": 55.484495, "relative_strength": -6.981747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.308398, "energy": 30.195826, "activity_lines": [ 41.533334, 41.436364, 42.080952, 43.570968 ] }, { "date": "2025-06-20", "close": 41.799999, "volume": 3527, "typical_volume": 2942.2, "trend": 45.646667, "fair_value": 55.212008, "relative_strength": -5.37248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.530348, "energy": 25.604622, "activity_lines": [ 41.6, 41.549091, 41.931428, 43.309032 ] }, { "date": "2025-06-27", "close": 41.799999, "volume": 15, "typical_volume": 2922.45, "trend": 45.426666, "fair_value": 54.927611, "relative_strength": -7.764067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.410864, "energy": 26.766424, "activity_lines": [ 41.653333, 41.607272, 41.807619, 43.06086 ] }, { "date": "2025-07-04", "close": 40.599998, "volume": 1992, "typical_volume": 2977.05, "trend": 44.613333, "fair_value": 54.638413, "relative_strength": -10.694904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.137273, "energy": 34.463495, "activity_lines": [ 41.279999, 41.432727, 41.602857, 42.749462 ] }, { "date": "2025-07-11", "close": 39.799999, "volume": 724, "typical_volume": 2847.35, "trend": 44.24, "fair_value": 54.367222, "relative_strength": -13.619936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.699722, "energy": 44.374338, "activity_lines": [ 40.773332, 41.134545, 41.36, 42.438924 ] }, { "date": "2025-07-18", "close": 37.599998, "volume": 561, "typical_volume": 2271.15, "trend": 43.826666, "fair_value": 54.058794, "relative_strength": -18.236531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.576951, "energy": 79.220126, "activity_lines": [ 39.626665, 40.461817, 40.940952, 42.010537 ] }, { "date": "2025-07-25", "close": 36.599998, "volume": 3821, "typical_volume": 2437.65, "trend": 43.363333, "fair_value": 53.743955, "relative_strength": -21.831816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.087603, "energy": 87.745253, "activity_lines": [ 38.386665, 39.66909, 40.471428, 41.544301 ] }, { "date": "2025-08-01", "close": 34.0, "volume": 862, "typical_volume": 2470.55, "trend": 42.813333, "fair_value": 53.418233, "relative_strength": -24.945453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.288078, "energy": 96.100146, "activity_lines": [ 36.626665, 38.494544, 39.797142, 40.940215 ] }, { "date": "2025-08-08", "close": 33.400002, "volume": 1143, "typical_volume": 2386.2, "trend": 42.226666, "fair_value": 53.088665, "relative_strength": -27.708784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.40895, "energy": 97.164215, "activity_lines": [ 35.186667, 37.345454, 39.114285, 40.332903 ] }, { "date": "2025-08-15", "close": 34.200001, "volume": 3848, "typical_volume": 2498.1, "trend": 41.8, "fair_value": 52.775793, "relative_strength": -26.525702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.373099, "energy": 90.783506, "activity_lines": [ 34.493334, 36.509091, 38.557143, 39.815053 ] }, { "date": "2025-08-22", "close": 34.200001, "volume": 2862, "typical_volume": 2591.2, "trend": 41.38, "fair_value": 52.468705, "relative_strength": -27.426229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.453956, "energy": 88.576625, "activity_lines": [ 34.173334, 35.8, 38.038095, 39.324731 ] }, { "date": "2025-08-29", "close": 35.599998, "volume": 4457, "typical_volume": 2696.25, "trend": 40.993333, "fair_value": 52.159023, "relative_strength": -22.262468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.659442, "energy": 83.754846, "activity_lines": [ 34.546667, 35.472727, 37.686666, 38.951828 ] }, { "date": "2025-09-05", "close": 34.0, "volume": 2307, "typical_volume": 2614.85, "trend": 40.5, "fair_value": 51.841977, "relative_strength": -25.355678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.275168, "energy": 66.853974, "activity_lines": [ 34.453333, 34.967273, 37.198095, 38.500645 ] }, { "date": "2025-09-12", "close": 33.599998, "volume": 1840, "typical_volume": 2706.6, "trend": 40.0, "fair_value": 51.536826, "relative_strength": -26.113257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.719114, "energy": 65.736709, "activity_lines": [ 34.226666, 34.530909, 36.704761, 38.055483 ] }, { "date": "2025-09-19", "close": 33.799999, "volume": 3600, "typical_volume": 2809.1, "trend": 39.566666, "fair_value": 51.235849, "relative_strength": -25.661249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.032784, "energy": 62.708522, "activity_lines": [ 34.053332, 34.258181, 36.269523, 37.655483 ] }, { "date": "2025-09-26", "close": 35.0, "volume": 6153, "typical_volume": 2140.7, "trend": 39.166666, "fair_value": 50.950106, "relative_strength": -22.69915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.038369, "energy": 52.927176, "activity_lines": [ 34.306666, 34.312727, 35.983809, 37.36086 ] }, { "date": "2025-10-03", "close": 34.0, "volume": 2728, "typical_volume": 2226.5, "trend": 38.78, "fair_value": 50.672695, "relative_strength": -26.737021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.39548, "energy": 50.719716, "activity_lines": [ 34.173333, 34.232727, 35.631428, 37.027526 ] }, { "date": "2025-10-10", "close": 35.0, "volume": 26473, "typical_volume": 3400.7, "trend": 38.473333, "fair_value": 50.401695, "relative_strength": -23.464779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.778308, "energy": 36.374103, "activity_lines": [ 34.48, 34.381818, 35.410476, 36.783656 ] }, { "date": "2025-10-17", "close": 34.0, "volume": 22365, "typical_volume": 4465.4, "trend": 38.146666, "fair_value": 50.136079, "relative_strength": -24.828816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.968335, "energy": 34.036881, "activity_lines": [ 34.386667, 34.330909, 35.124762, 36.495053 ] }, { "date": "2025-10-24", "close": 36.400002, "volume": 1379, "typical_volume": 4532.85, "trend": 37.953333, "fair_value": 49.882898, "relative_strength": -21.359188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.640816, "energy": 22.996207, "activity_lines": [ 35.066667, 34.705455, 35.108571, 36.382365 ] }, { "date": "2025-10-31", "close": 38.599998, "volume": 2853, "typical_volume": 4675.5, "trend": 37.86, "fair_value": 49.640872, "relative_strength": -15.421875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.781532, "energy": 15.570875, "activity_lines": [ 36.306667, 35.44, 35.324762, 36.424086 ] }, { "date": "2025-11-07", "close": 36.0, "volume": 9238, "typical_volume": 4961.05, "trend": 37.766666, "fair_value": 49.373334, "relative_strength": -19.467273, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.137781, "energy": 17.137616, "activity_lines": [ 36.44, 35.621818, 35.305714, 36.304086 ] }, { "date": "2025-11-14", "close": 36.200001, "volume": 6132, "typical_volume": 5266.9, "trend": 37.606666, "fair_value": 49.107077, "relative_strength": -19.078966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.64308, "energy": 19.335808, "activity_lines": [ 36.506667, 35.832727, 35.333333, 36.203011 ] }, { "date": "2025-11-21", "close": 36.0, "volume": 33393, "typical_volume": 6836.95, "trend": 37.413333, "fair_value": 48.83659, "relative_strength": -17.231338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.546269, "energy": 16.282278, "activity_lines": [ 36.426667, 35.967273, 35.368571, 36.099355 ] }, { "date": "2025-11-28", "close": 35.200001, "volume": 18756, "typical_volume": 7738.55, "trend": 37.213333, "fair_value": 48.560975, "relative_strength": -21.012774, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.599748, "energy": 9.595301, "activity_lines": [ 35.946667, 35.912728, 35.349524, 35.956559 ] }, { "date": "2025-12-05", "close": 35.0, "volume": 24329, "typical_volume": 8926.95, "trend": 37.013333, "fair_value": 48.284077, "relative_strength": -21.36025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.137788, "energy": 18.894203, "activity_lines": [ 35.48, 35.796364, 35.333333, 35.813763 ] }, { "date": "2025-12-12", "close": 35.0, "volume": 3561, "typical_volume": 8913.95, "trend": 36.793333, "fair_value": 48.00718, "relative_strength": -20.471144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.786944, "energy": 22.168931, "activity_lines": [ 35.253334, 35.68, 35.329524, 35.683871 ] }, { "date": "2025-12-19", "close": 35.0, "volume": 20340, "typical_volume": 9887.85, "trend": 36.58, "fair_value": 47.771562, "relative_strength": -20.263061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.708099, "energy": 24.093634, "activity_lines": [ 35.093333, 35.545455, 35.333333, 35.568172 ] }, { "date": "2025-12-26", "close": 35.400002, "volume": 8, "typical_volume": 9831.1, "trend": 36.34, "fair_value": 47.540511, "relative_strength": -18.779009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.778581, "energy": 21.400097, "activity_lines": [ 35.146667, 35.483637, 35.370476, 35.492043 ] }, { "date": "2026-01-02", "close": 35.0, "volume": 63825, "typical_volume": 12829.95, "trend": 36.133333, "fair_value": 47.300869, "relative_strength": -19.788767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.120813, "energy": 23.278125, "activity_lines": [ 35.106667, 35.323637, 35.36, 35.405591 ] }, { "date": "2026-01-09", "close": 36.400002, "volume": 10147, "typical_volume": 13194.2, "trend": 35.973333, "fair_value": 47.100332, "relative_strength": -18.373695, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.472993, "energy": 4.520738, "activity_lines": [ 35.546668, 35.443637, 35.479048, 35.422796 ] }, { "date": "2026-01-16", "close": 35.400002, "volume": 15954, "typical_volume": 13769.05, "trend": 35.76, "fair_value": 46.905437, "relative_strength": -21.66681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.474362, "energy": 9.062848, "activity_lines": [ 35.560001, 35.421819, 35.492382, 35.385807 ] }, { "date": "2026-01-23", "close": 34.599998, "volume": 1800, "typical_volume": 13743.7, "trend": 35.52, "fair_value": 46.717465, "relative_strength": -22.181496, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.694752, "energy": 12.929827, "activity_lines": [ 35.28, 35.265455, 35.430477, 35.310968 ] }, { "date": "2026-01-30", "close": 35.799999, "volume": 15749, "typical_volume": 14439.15, "trend": 35.36, "fair_value": 46.507056, "relative_strength": -19.21126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.325994, "energy": 4.453754, "activity_lines": [ 35.426666, 35.356364, 35.48, 35.329032 ] }, { "date": "2026-02-06", "close": 35.0, "volume": 2144, "typical_volume": 14366.35, "trend": 35.2, "fair_value": 46.30357, "relative_strength": -22.654257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 9.598933, "energy": 9.072547, "activity_lines": [ 35.28, 35.305455, 35.442857, 35.305807 ] }, { "date": "2026-02-13", "close": 35.400002, "volume": 61652, "typical_volume": 17141.3, "trend": 35.126667, "fair_value": 46.108675, "relative_strength": -21.068398, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.739956, "energy": 10.030902, "activity_lines": [ 35.266667, 35.33091, 35.438096, 35.31871 ] }, { "date": "2026-02-20", "close": 35.599998, "volume": 201039, "typical_volume": 27056.85, "trend": 35.093333, "fair_value": 45.915061, "relative_strength": -21.508922, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.105369, "energy": 12.687792, "activity_lines": [ 35.386666, 35.385455, 35.450476, 35.349247 ] }, { "date": "2026-02-27", "close": 35.599998, "volume": 71353, "typical_volume": 29300.85, "trend": 35.146667, "fair_value": 45.748565, "relative_strength": -21.885477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.252077, "energy": 12.596045, "activity_lines": [ 35.493332, 35.429091, 35.455238, 35.381936 ] }, { "date": "2026-03-06", "close": 41.200001, "volume": 222072, "typical_volume": 39286.2, "trend": 35.406667, "fair_value": 45.663161, "relative_strength": -3.705152, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.901428, "energy": 72.447205, "activity_lines": [ 37.4, 36.48, 35.990476, 35.772473 ] }, { "date": "2026-03-13", "close": 41.799999, "volume": 221166, "typical_volume": 50275.55, "trend": 35.66, "fair_value": 45.587628, "relative_strength": -1.306398, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.615152, "energy": 88.255671, "activity_lines": [ 39.146666, 37.534545, 36.548571, 36.184946 ] }, { "date": "2026-03-20", "close": 41.200001, "volume": 7396, "typical_volume": 50502.7, "trend": 35.893333, "fair_value": 45.502224, "relative_strength": 2.828178, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.202857, "energy": 90.906966, "activity_lines": [ 40.24, 38.356363, 37.02381, 36.542366 ] }, { "date": "2026-03-27", "close": 42.599998, "volume": 12675, "typical_volume": 50674.55, "trend": 36.126667, "fair_value": 45.422781, "relative_strength": 6.603322, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.885819, "energy": 93.823492, "activity_lines": [ 41.413333, 39.345454, 37.62, 36.975054 ] }, { "date": "2026-04-03", "close": 41.599998, "volume": 702, "typical_volume": 50403.05, "trend": 36.38, "fair_value": 45.338773, "relative_strength": 1.096139, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.975897, "energy": 87.842428, "activity_lines": [ 41.786666, 40.021817, 38.089523, 37.328172 ] }, { "date": "2026-04-10", "close": 41.400002, "volume": 75, "typical_volume": 48737.15, "trend": 36.64, "fair_value": 45.265896, "relative_strength": -3.557637, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.293104, "energy": 85.12675, "activity_lines": [ 41.693333, 40.534545, 38.514286, 37.652043 ] }, { "date": "2026-04-17", "close": 37.0, "volume": 21180, "typical_volume": 48858.35, "trend": 36.746667, "fair_value": 45.155504, "relative_strength": -15.080408, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.847308, "energy": 42.128214, "activity_lines": [ 40.12, 40.145454, 38.494286, 37.675269 ] }, { "date": "2026-04-24", "close": 40.0, "volume": 17970, "typical_volume": 48540.4, "trend": 36.913333, "fair_value": 45.064342, "relative_strength": -5.219967, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.461904, "energy": 31.119705, "activity_lines": [ 39.866667, 40.265454, 38.751428, 37.885161 ] }, { "date": "2026-05-01", "close": 41.200001, "volume": 2948, "typical_volume": 48509.75, "trend": 37.153333, "fair_value": 45.0057, "relative_strength": -0.622792, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.413779, "energy": 32.108834, "activity_lines": [ 40.093334, 40.52, 39.099048, 38.16172 ] }, { "date": "2026-05-08", "close": 40.400002, "volume": 20522, "typical_volume": 48518.85, "trend": 37.333334, "fair_value": 44.984134, "relative_strength": -2.472788, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.03352, "energy": 23.963249, "activity_lines": [ 40.146668, 40.527273, 39.340952, 38.371183 ] }, { "date": "2026-05-15", "close": 40.400002, "volume": 0, "typical_volume": 48518.45, "trend": 37.546667, "fair_value": 44.973741, "relative_strength": -0.845265, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.46849, "energy": 34.751868, "activity_lines": [ 40.280001, 40.447274, 39.557143, 38.569033 ] }, { "date": "2026-05-22", "close": 41.200001, "volume": 33961, "typical_volume": 47025.25, "trend": 37.706667, "fair_value": 44.96351, "relative_strength": -1.901021, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.622239, "energy": 44.1399, "activity_lines": [ 40.746668, 40.527274, 39.825715, 38.804731 ] }, { "date": "2026-05-29", "close": 41.400002, "volume": 47, "typical_volume": 46520.25, "trend": 37.8, "fair_value": 44.938424, "relative_strength": -0.61758, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.214064, "energy": 42.786857, "activity_lines": [ 41.000002, 40.654547, 40.08381, 39.043011 ] }, { "date": "2026-06-05", "close": 42.200001, "volume": 5, "typical_volume": 45722.8, "trend": 38.006667, "fair_value": 44.918466, "relative_strength": 2.423104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.482978, "energy": 69.88468, "activity_lines": [ 41.426668, 40.923638, 40.394286, 39.326882 ] }, { "date": "2026-06-12", "close": 41.0, "volume": 0, "typical_volume": 45632.8, "trend": 38.166667, "fair_value": 44.879644, "relative_strength": 0.122773, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.022024, "energy": 59.178523, "activity_lines": [ 41.386668, 40.981819, 40.558096, 39.52 ] }, { "date": "2026-06-19", "close": 41.200001, "volume": 10776, "typical_volume": 45384.15, "trend": 38.34, "fair_value": 44.835897, "relative_strength": -0.851185, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.584407, "energy": 49.23804, "activity_lines": [ 41.373334, 41.087274, 40.710477, 39.715699 ] }, { "date": "2026-06-26", "close": 42.0, "volume": 1100, "typical_volume": 45331.95, "trend": 38.566667, "fair_value": 44.775, "relative_strength": 2.38432, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.591465, "energy": 57.203574, "activity_lines": [ 41.573334, 41.341819, 40.913334, 39.951828 ] }, { "date": "2026-07-03", "close": 41.200001, "volume": 0, "typical_volume": 42249.35, "trend": 38.773334, "fair_value": 44.708974, "relative_strength": -1.954254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.026236, "energy": 39.444729, "activity_lines": [ 41.453334, 41.360001, 41.006667, 40.121721 ] }, { "date": "2026-07-10", "close": 42.0, "volume": 144, "typical_volume": 32204.6, "trend": 39.006667, "fair_value": 44.651282, "relative_strength": 2.496442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.26398, "energy": 42.30326, "activity_lines": [ 41.613334, 41.501819, 41.148572, 40.329893 ] }, { "date": "2026-07-17", "close": 41.200001, "volume": 344, "typical_volume": 28654.15, "trend": 39.213334, "fair_value": 44.575641, "relative_strength": 1.783285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.227676, "energy": 40.213754, "activity_lines": [ 41.520001, 41.483637, 41.18381, 40.471398 ] }, { "date": "2026-07-24", "close": 42.599998, "volume": 1527, "typical_volume": 17626.9, "trend": 39.453334, "fair_value": 44.473718, "relative_strength": 3.622069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.105782, "energy": 53.905921, "activity_lines": [ 41.88, 41.705455, 41.325715, 40.689893 ] }, { "date": "2026-07-31", "close": 41.599998, "volume": 31, "typical_volume": 6570.15, "trend": 39.673334, "fair_value": 44.36859, "relative_strength": -0.193706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.656638, "energy": 42.912415, "activity_lines": [ 41.813332, 41.705454, 41.365715, 40.828387 ] }, { "date": "2026-08-07", "close": 41.599998, "volume": 120, "typical_volume": 6206.35, "trend": 39.846667, "fair_value": 44.263462, "relative_strength": -2.124991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.661175, "energy": 38.287906, "activity_lines": [ 41.773332, 41.698181, 41.406667, 40.952688 ] } ], "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." } } }