{ "ticker": { "uuid": "4d7df85e-8453-4afc-a97e-07db805b2973", "symbol": "ADKO", "name": "Addiko Bank AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -17.252, "architecture_energy": 13.951, "architecture_maturity": 6.633, "architecture_confidence": 64.089, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.53, "rotation_up": 23.35, "upward_expansion": 22.91, "deceleration": 56.14, "rotation_down": 45.46, "downward_expansion": 31.91 }, "activity_lines": [ 26.573333, 26.796364, 26.95, 26.843656 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 26.0, "trend_reference": 26.6, "distance_from_trend": -0.022556, "trend_direction": "Improving", "fair_value": 19.67514, "distance_from_fair_value": 0.321465, "fair_value_direction": "Weakening", "relative_strength": -12.987684, "relative_strength_direction": "Weakening", "price_momentum": -0.022556, "excess_performance": -0.196803, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022556, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.06656, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.321465, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.179241, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.129877, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.158005, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.022556, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.178506, "read": "Supply-led" } ], "volume": { "latest": 51990, "relative_activity": 5.906478, "balance": 0.178506, "dry_up": 2.044574, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.045266, "annualized_volatility": 0.298316, "from_high_reference": -0.103448, "from_low_reference": 0.27451 }, "levels": { "trend_reference": 26.6, "fair_value_reference": 19.67514, "structural_low": 24.5, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.013903, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.004169, "regime_survival": 0.642857, "best_return": 0.174935, "worst_return": -0.044386, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.106599, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.020266, "regime_survival": 0.428571, "best_return": 0.216535, "worst_return": 0.0, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.111675, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.095591, "regime_survival": 0.2, "best_return": 0.262443, "worst_return": -0.007057, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.197393, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.116447, "regime_survival": 0.25, "best_return": 0.609629, "worst_return": -0.153694, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-09-08", "end": "2023-09-22", "tenure": "New", "return": -0.034615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-29", "end": "2023-11-17", "tenure": "Developing", "return": 0.090551, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-24", "end": "2024-08-23", "tenure": "Extended", "return": 0.443931, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-10-18", "tenure": "Developing", "return": 0.120588, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": -0.025, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2025-01-31", "tenure": "Developing", "return": -0.059126, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.008086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": 0.031088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.015228, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.041026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": -0.075556, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-12-12", "tenure": "Developing", "return": 0.057416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-07-24", "tenure": "Extended", "return": 0.236364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.022556, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.741838, "volume": 13195, "typical_volume": 31218.0, "trend": 11.613653, "fair_value": 9.607753, "relative_strength": 10.481095, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.638067, "energy": 5.242851, "activity_lines": [ 11.605161, 11.55546, 11.586822, 11.660419 ] }, { "date": "2023-08-25", "close": 12.114595, "volume": 23524, "typical_volume": 31572.95, "trend": 11.674329, "fair_value": 9.654051, "relative_strength": 14.171175, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.422917, "energy": 27.837201, "activity_lines": [ 11.779114, 11.663051, 11.630247, 11.692738 ] }, { "date": "2023-09-01", "close": 12.114595, "volume": 32714, "typical_volume": 31696.3, "trend": 11.723661, "fair_value": 9.700024, "relative_strength": 11.116777, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.765765, "energy": 41.822359, "activity_lines": [ 11.922004, 11.761323, 11.672498, 11.721143 ] }, { "date": "2023-09-08", "close": 12.114595, "volume": 22419, "typical_volume": 30250.6, "trend": 11.772993, "fair_value": 9.746229, "relative_strength": 11.544384, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.507316, "energy": 50.757381, "activity_lines": [ 12.021406, 11.846888, 11.713171, 11.746364 ] }, { "date": "2023-09-15", "close": 11.648649, "volume": 56331, "typical_volume": 29963.65, "trend": 11.79545, "fair_value": 9.788984, "relative_strength": 5.560698, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.794943, "energy": 36.381643, "activity_lines": [ 11.934429, 11.83418, 11.707891, 11.738342 ] }, { "date": "2023-09-22", "close": 11.695244, "volume": 26507, "typical_volume": 29902.35, "trend": 11.81946, "fair_value": 9.831113, "relative_strength": 6.447565, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.363035, "energy": 13.64911, "activity_lines": [ 11.850559, 11.823167, 11.707891, 11.731877 ] }, { "date": "2023-09-29", "close": 11.835027, "volume": 16871, "typical_volume": 25244.4, "trend": 11.816935, "fair_value": 9.87275, "relative_strength": 7.168497, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.765014, "energy": 4.276961, "activity_lines": [ 11.81639, 11.835875, 11.723422, 11.732881 ] }, { "date": "2023-10-06", "close": 11.928217, "volume": 63940, "typical_volume": 27632.6, "trend": 11.804754, "fair_value": 9.915216, "relative_strength": 9.430673, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.002288, "energy": 8.99794, "activity_lines": [ 11.831921, 11.862137, 11.748051, 11.740061 ] }, { "date": "2023-10-13", "close": 11.741838, "volume": 34120, "typical_volume": 27114.4, "trend": 11.775018, "fair_value": 9.956487, "relative_strength": 6.589635, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.872236, "energy": 5.274349, "activity_lines": [ 11.797752, 11.846041, 11.755373, 11.736002 ] }, { "date": "2023-10-20", "close": 11.602055, "volume": 82133, "typical_volume": 30151.65, "trend": 11.743457, "fair_value": 9.996492, "relative_strength": 8.961393, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.902491, "energy": 7.337179, "activity_lines": [ 11.741838, 11.802835, 11.749826, 11.724843 ] }, { "date": "2023-10-27", "close": 11.648649, "volume": 17655, "typical_volume": 30114.3, "trend": 11.72054, "fair_value": 10.037166, "relative_strength": 9.480895, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.080157, "energy": 7.937628, "activity_lines": [ 11.704563, 11.765559, 11.748051, 11.718726 ] }, { "date": "2023-11-03", "close": 11.835027, "volume": 44336, "typical_volume": 31363.55, "trend": 11.719433, "fair_value": 10.075843, "relative_strength": 5.102996, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.962096, "energy": 15.503267, "activity_lines": [ 11.732519, 11.763865, 11.762473, 11.726112 ] }, { "date": "2023-11-10", "close": 12.207785, "volume": 35507, "typical_volume": 32819.3, "trend": 11.733586, "fair_value": 10.112515, "relative_strength": 7.27798, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.082379, "energy": 28.440045, "activity_lines": [ 11.884729, 11.835028, 11.811286, 11.757619 ] }, { "date": "2023-11-17", "close": 12.906703, "volume": 25013, "typical_volume": 32589.3, "trend": 11.771038, "fair_value": 10.152465, "relative_strength": 10.346164, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.561051, "energy": 70.695292, "activity_lines": [ 12.251273, 12.031572, 11.922892, 11.833304 ] }, { "date": "2023-11-24", "close": 12.673731, "volume": 23380, "typical_volume": 29718.9, "trend": 11.799305, "fair_value": 10.188193, "relative_strength": 8.437596, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.893436, "energy": 76.410101, "activity_lines": [ 12.462502, 12.171356, 12.004987, 11.891542 ] }, { "date": "2023-12-01", "close": 12.720325, "volume": 15665, "typical_volume": 29252.35, "trend": 11.817943, "fair_value": 10.22445, "relative_strength": 6.276063, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.764485, "energy": 80.029532, "activity_lines": [ 12.617817, 12.300974, 12.084863, 11.950963 ] }, { "date": "2023-12-08", "close": 12.860108, "volume": 20899, "typical_volume": 29840.2, "trend": 11.850559, "fair_value": 10.264425, "relative_strength": 6.735745, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.749006, "energy": 83.297597, "activity_lines": [ 12.748282, 12.437369, 12.172727, 12.018199 ] }, { "date": "2023-12-15", "close": 12.766919, "volume": 51856, "typical_volume": 31854.2, "trend": 11.875409, "fair_value": 10.304635, "relative_strength": 4.154078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.238267, "energy": 76.030551, "activity_lines": [ 12.779344, 12.538182, 12.245947, 12.077319 ] }, { "date": "2023-12-22", "close": 12.394163, "volume": 38643, "typical_volume": 33197.95, "trend": 11.894047, "fair_value": 10.342456, "relative_strength": -0.109179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.794538, "energy": 48.301881, "activity_lines": [ 12.64888, 12.555973, 12.277454, 12.110787 ] }, { "date": "2023-12-29", "close": 12.440758, "volume": 21219, "typical_volume": 33296.35, "trend": 11.926664, "fair_value": 10.381732, "relative_strength": -0.624987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.861517, "energy": 35.625186, "activity_lines": [ 12.568116, 12.570375, 12.309849, 12.146059 ] }, { "date": "2024-01-05", "close": 12.673731, "volume": 48076, "typical_volume": 35040.4, "trend": 11.971705, "fair_value": 10.420096, "relative_strength": 1.10814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.723323, "energy": 31.37255, "activity_lines": [ 12.580541, 12.611887, 12.359772, 12.194257 ] }, { "date": "2024-01-12", "close": 12.627135, "volume": 36187, "typical_volume": 35673.55, "trend": 12.005874, "fair_value": 10.457143, "relative_strength": 1.383801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.522169, "energy": 26.499397, "activity_lines": [ 12.580541, 12.626289, 12.400819, 12.236543 ] }, { "date": "2024-01-19", "close": 13.605622, "volume": 16828, "typical_volume": 34879.25, "trend": 12.078873, "fair_value": 10.500926, "relative_strength": 10.433135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.794807, "energy": 52.47218, "activity_lines": [ 12.922235, 12.804195, 12.532615, 12.339752 ] }, { "date": "2024-01-26", "close": 13.512433, "volume": 41971, "typical_volume": 35856.85, "trend": 12.150318, "fair_value": 10.545175, "relative_strength": 5.674316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.890517, "energy": 68.11198, "activity_lines": [ 13.176952, 12.939743, 12.648436, 12.43224 ] }, { "date": "2024-02-02", "close": 14.39773, "volume": 33269, "typical_volume": 34703.75, "trend": 12.254379, "fair_value": 10.594729, "relative_strength": 12.475296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.275559, "energy": 84.408084, "activity_lines": [ 13.652217, 13.225241, 12.841915, 12.577234 ] }, { "date": "2024-02-09", "close": 14.490919, "volume": 48511, "typical_volume": 35803.95, "trend": 12.350674, "fair_value": 10.645065, "relative_strength": 15.230779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.332136, "energy": 90.652225, "activity_lines": [ 14.02808, 13.496337, 13.031177, 12.721527 ] }, { "date": "2024-02-16", "close": 14.537515, "volume": 11841, "typical_volume": 35552.45, "trend": 12.44697, "fair_value": 10.69422, "relative_strength": 13.323713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.250427, "energy": 90.781577, "activity_lines": [ 14.298329, 13.743712, 13.211565, 12.862614 ] }, { "date": "2024-02-23", "close": 14.39773, "volume": 19534, "typical_volume": 33332.15, "trend": 12.544819, "fair_value": 10.737946, "relative_strength": 12.341215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.131084, "energy": 87.457561, "activity_lines": [ 14.394624, 13.935173, 13.365771, 12.988469 ] }, { "date": "2024-03-01", "close": 14.164757, "volume": 25775, "typical_volume": 32914.9, "trend": 12.628689, "fair_value": 10.780826, "relative_strength": 10.264664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.549962, "energy": 77.276991, "activity_lines": [ 14.360455, 14.054625, 13.486029, 13.092981 ] }, { "date": "2024-03-08", "close": 14.118162, "volume": 32408, "typical_volume": 30428.65, "trend": 12.717218, "fair_value": 10.810272, "relative_strength": 9.5647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.783354, "energy": 54.348973, "activity_lines": [ 14.267265, 14.133412, 13.590312, 13.189076 ] }, { "date": "2024-03-15", "close": 14.211351, "volume": 36321, "typical_volume": 31361.95, "trend": 12.799536, "fair_value": 10.842812, "relative_strength": 9.198274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.9844, "energy": 46.89239, "activity_lines": [ 14.223777, 14.198644, 13.691489, 13.285472 ] }, { "date": "2024-03-22", "close": 14.118162, "volume": 61909, "typical_volume": 32240.6, "trend": 12.866321, "fair_value": 10.8742, "relative_strength": 5.77556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.992395, "energy": 36.974052, "activity_lines": [ 14.167863, 14.218976, 13.771587, 13.370545 ] }, { "date": "2024-03-29", "close": 16.727461, "volume": 858031, "typical_volume": 73366.8, "trend": 13.020083, "fair_value": 10.922453, "relative_strength": 23.482662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.35523, "energy": 62.139424, "activity_lines": [ 15.009672, 14.686617, 14.089318, 13.619651 ] }, { "date": "2024-04-05", "close": 15.935352, "volume": 50703, "typical_volume": 74651.3, "trend": 13.147442, "fair_value": 10.965165, "relative_strength": 16.179004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.721701, "energy": 66.481903, "activity_lines": [ 15.43213, 14.953477, 14.310088, 13.807732 ] }, { "date": "2024-04-12", "close": 16.028542, "volume": 15780, "typical_volume": 74271.3, "trend": 13.293438, "fair_value": 11.009169, "relative_strength": 16.725165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.237379, "energy": 78.343409, "activity_lines": [ 15.767612, 15.193227, 14.525311, 13.99361 ] }, { "date": "2024-04-19", "close": 16.960434, "volume": 140479, "typical_volume": 80512.0, "trend": 13.468945, "fair_value": 11.054753, "relative_strength": 23.412485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.604945, "energy": 90.268453, "activity_lines": [ 16.286365, 15.572761, 14.81331, 14.23019 ] }, { "date": "2024-04-26", "close": 16.774055, "volume": 99741, "typical_volume": 84454.1, "trend": 13.633579, "fair_value": 11.097431, "relative_strength": 21.010108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.514779, "energy": 85.630957, "activity_lines": [ 16.55972, 15.873508, 15.063367, 14.443423 ] }, { "date": "2024-05-03", "close": 17.5, "volume": 29462, "typical_volume": 83334.4, "trend": 13.819305, "fair_value": 11.145238, "relative_strength": 24.079467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.516378, "energy": 90.135557, "activity_lines": [ 16.897997, 16.265581, 15.363925, 14.69287 ] }, { "date": "2024-05-10", "close": 17.15, "volume": 26706, "typical_volume": 82737.55, "trend": 13.999577, "fair_value": 11.190564, "relative_strength": 17.918315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.570114, "energy": 80.965624, "activity_lines": [ 17.068105, 16.537612, 15.608611, 14.907753 ] }, { "date": "2024-05-17", "close": 20.0, "volume": 155318, "typical_volume": 89442.5, "trend": 14.279509, "fair_value": 11.254159, "relative_strength": 34.169181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.982022, "energy": 88.032687, "activity_lines": [ 18.107236, 17.273548, 16.102078, 15.294877 ] }, { "date": "2024-05-24", "close": 19.950001, "volume": 61431, "typical_volume": 90110.25, "trend": 14.55622, "fair_value": 11.316721, "relative_strength": 32.992803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.4821, "energy": 90.694035, "activity_lines": [ 18.864937, 17.893451, 16.554787, 15.660715 ] }, { "date": "2024-05-31", "close": 19.700001, "volume": 59541, "typical_volume": 91277.95, "trend": 14.818386, "fair_value": 11.373167, "relative_strength": 32.344493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.987516, "energy": 87.024227, "activity_lines": [ 19.340001, 18.36356, 16.949038, 15.992572 ] }, { "date": "2024-06-07", "close": 20.1, "volume": 192602, "typical_volume": 100066.65, "trend": 15.08146, "fair_value": 11.432177, "relative_strength": 34.898357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.89175, "energy": 89.647628, "activity_lines": [ 19.753334, 18.804909, 17.347704, 16.333322 ] }, { "date": "2024-06-14", "close": 20.200001, "volume": 62642, "typical_volume": 101100.2, "trend": 15.32457, "fair_value": 11.492541, "relative_strength": 38.974963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.946068, "energy": 84.47895, "activity_lines": [ 20.026667, 19.20312, 17.724967, 16.66355 ] }, { "date": "2024-06-21", "close": 20.0, "volume": 416492, "typical_volume": 120261.35, "trend": 15.568779, "fair_value": 11.553761, "relative_strength": 34.258385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.374675, "energy": 66.214522, "activity_lines": [ 20.03, 19.487428, 18.051338, 16.965191 ] }, { "date": "2024-06-28", "close": 20.0, "volume": 253578, "typical_volume": 130514.7, "trend": 15.811435, "fair_value": 11.618781, "relative_strength": 32.404344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.205373, "energy": 68.823796, "activity_lines": [ 20.033334, 19.699529, 18.351031, 17.251076 ] }, { "date": "2024-07-05", "close": 19.9, "volume": 7112, "typical_volume": 130278.25, "trend": 16.046098, "fair_value": 11.680547, "relative_strength": 27.200216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.336538, "energy": 64.25689, "activity_lines": [ 20.0, 19.838182, 18.614967, 17.514854 ] }, { "date": "2024-07-12", "close": 19.6, "volume": 22101, "typical_volume": 130406.6, "trend": 16.273867, "fair_value": 11.741578, "relative_strength": 24.440761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.367989, "energy": 56.920439, "activity_lines": [ 19.853333, 19.865455, 18.824795, 17.744138 ] }, { "date": "2024-07-19", "close": 20.5, "volume": 86650, "typical_volume": 133450.35, "trend": 16.544062, "fair_value": 11.807903, "relative_strength": 30.225265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.027248, "energy": 64.602385, "activity_lines": [ 20.04, 20.018182, 19.095565, 18.016792 ] }, { "date": "2024-07-26", "close": 20.9, "volume": 33442, "typical_volume": 133502.05, "trend": 16.826036, "fair_value": 11.87418, "relative_strength": 31.514409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.372884, "energy": 66.986478, "activity_lines": [ 20.34, 20.182727, 19.374263, 18.29782 ] }, { "date": "2024-08-02", "close": 21.4, "volume": 89472, "typical_volume": 136159.6, "trend": 17.116912, "fair_value": 11.944374, "relative_strength": 38.686075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.600367, "energy": 70.232689, "activity_lines": [ 20.746667, 20.421818, 19.668285, 18.592915 ] }, { "date": "2024-08-09", "close": 21.0, "volume": 47862, "typical_volume": 135457.25, "trend": 17.396008, "fair_value": 12.010341, "relative_strength": 33.457632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.085619, "energy": 70.516974, "activity_lines": [ 20.926667, 20.561818, 19.88998, 18.843437 ] }, { "date": "2024-08-16", "close": 20.1, "volume": 18634, "typical_volume": 93487.4, "trend": 17.612487, "fair_value": 12.070776, "relative_strength": 24.459844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.541028, "energy": 68.852696, "activity_lines": [ 20.733333, 20.514545, 19.99319, 19.017888 ] }, { "date": "2024-08-23", "close": 18.299999, "volume": 20907, "typical_volume": 91997.6, "trend": 17.772072, "fair_value": 12.120149, "relative_strength": 10.89529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.949079, "energy": 28.564863, "activity_lines": [ 19.906666, 20.14, 19.908912, 19.062243 ] }, { "date": "2024-08-30", "close": 17.0, "volume": 33137, "typical_volume": 92865.45, "trend": 17.858815, "fair_value": 12.163088, "relative_strength": 1.582829, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -20.198789, "energy": 33.042157, "activity_lines": [ 18.793333, 19.563636, 19.689565, 19.012432 ] }, { "date": "2024-09-06", "close": 15.95, "volume": 25338, "typical_volume": 87108.4, "trend": 17.907451, "fair_value": 12.198821, "relative_strength": -0.991715, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.736592, "energy": 59.167081, "activity_lines": [ 17.59, 18.850909, 19.365591, 18.889283 ] }, { "date": "2024-09-13", "close": 16.35, "volume": 25034, "typical_volume": 83373.05, "trend": 17.967867, "fair_value": 12.237593, "relative_strength": 0.511687, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.037774, "energy": 59.250266, "activity_lines": [ 16.883333, 18.284545, 19.084524, 18.788802 ] }, { "date": "2024-09-20", "close": 16.0, "volume": 14538, "typical_volume": 82626.85, "trend": 18.021276, "fair_value": 12.275072, "relative_strength": -2.286124, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.220325, "energy": 78.688987, "activity_lines": [ 16.37, 17.719091, 18.772143, 18.661843 ] }, { "date": "2024-09-27", "close": 17.0, "volume": 15620, "typical_volume": 82072.55, "trend": 18.115784, "fair_value": 12.318961, "relative_strength": 2.497293, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.514239, "energy": 75.322282, "activity_lines": [ 16.463333, 17.400909, 18.562143, 18.595954 ] }, { "date": "2024-10-04", "close": 19.200001, "volume": 62203, "typical_volume": 77416.8, "trend": 18.285179, "fair_value": 12.37434, "relative_strength": 16.264118, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.266397, "energy": 30.386973, "activity_lines": [ 17.376667, 17.546364, 18.562381, 18.665904 ] }, { "date": "2024-10-11", "close": 20.200001, "volume": 163819, "typical_volume": 82536.2, "trend": 18.4848, "fair_value": 12.436842, "relative_strength": 21.185947, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 15.031658, "energy": 15.659649, "activity_lines": [ 18.476667, 17.904546, 18.661667, 18.789441 ] }, { "date": "2024-10-18", "close": 19.049999, "volume": 188237, "typical_volume": 88971.0, "trend": 18.649195, "fair_value": 12.490072, "relative_strength": 13.21323, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.612652, "energy": 22.794249, "activity_lines": [ 18.91, 18.075455, 18.650238, 18.825905 ] }, { "date": "2024-10-25", "close": 20.0, "volume": 108754, "typical_volume": 84778.6, "trend": 18.75828, "fair_value": 12.548441, "relative_strength": 19.473604, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.727354, "energy": 33.72076, "activity_lines": [ 19.48, 18.454546, 18.732381, 18.913054 ] }, { "date": "2024-11-01", "close": 20.0, "volume": 81594, "typical_volume": 85726.2, "trend": 18.893768, "fair_value": 12.604672, "relative_strength": 20.353047, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.307645, "energy": 36.165734, "activity_lines": [ 19.783333, 18.835455, 18.815, 18.993165 ] }, { "date": "2024-11-08", "close": 19.950001, "volume": 13448, "typical_volume": 65574.0, "trend": 19.024483, "fair_value": 12.656206, "relative_strength": 18.448186, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.522609, "energy": 35.444073, "activity_lines": [ 19.87, 19.176364, 18.89381, 19.061309 ] }, { "date": "2024-11-15", "close": 19.85, "volume": 10857, "typical_volume": 53437.95, "trend": 19.120802, "fair_value": 12.709825, "relative_strength": 16.887967, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.4703, "energy": 31.611931, "activity_lines": [ 19.873334, 19.445455, 18.963333, 19.114568 ] }, { "date": "2024-11-22", "close": 19.799999, "volume": 3146, "typical_volume": 53239.65, "trend": 19.221667, "fair_value": 12.76476, "relative_strength": 16.557181, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.100397, "energy": 25.978426, "activity_lines": [ 19.883333, 19.634545, 19.02881, 19.158387 ] }, { "date": "2024-11-29", "close": 19.5, "volume": 108605, "typical_volume": 57564.85, "trend": 19.288333, "fair_value": 12.818317, "relative_strength": 13.814355, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.170168, "energy": 18.945135, "activity_lines": [ 19.743333, 19.706364, 19.06619, 19.176344 ] }, { "date": "2024-12-06", "close": 19.450001, "volume": 31204, "typical_volume": 54792.55, "trend": 19.365, "fair_value": 12.867463, "relative_strength": 11.427009, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.262001, "energy": 10.129665, "activity_lines": [ 19.62, 19.705455, 19.099286, 19.186774 ] }, { "date": "2024-12-13", "close": 18.85, "volume": 13593, "typical_volume": 53800.1, "trend": 19.326667, "fair_value": 12.914672, "relative_strength": 5.516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.808414, "energy": 8.969158, "activity_lines": [ 19.333333, 19.550909, 19.080238, 19.153548 ] }, { "date": "2024-12-20", "close": 18.9, "volume": 11338, "typical_volume": 49893.4, "trend": 19.291667, "fair_value": 12.961111, "relative_strength": 6.830582, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.78853, "energy": 14.646199, "activity_lines": [ 19.136667, 19.411818, 19.075714, 19.126022 ] }, { "date": "2024-12-27", "close": 19.0, "volume": 3277, "typical_volume": 47664.15, "trend": 19.268333, "fair_value": 13.008463, "relative_strength": 5.521181, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.377406, "energy": 16.066675, "activity_lines": [ 19.036667, 19.314546, 19.092619, 19.107204 ] }, { "date": "2025-01-03", "close": 19.15, "volume": 3153, "typical_volume": 46890.1, "trend": 19.236667, "fair_value": 13.054869, "relative_strength": 5.128811, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.832668, "energy": 13.963915, "activity_lines": [ 19.04, 19.245455, 19.133333, 19.09957 ] }, { "date": "2025-01-10", "close": 19.0, "volume": 8380, "typical_volume": 46263.75, "trend": 19.196667, "fair_value": 13.099222, "relative_strength": 3.691828, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.708511, "energy": 17.792113, "activity_lines": [ 19.016667, 19.164546, 19.164286, 19.084301 ] }, { "date": "2025-01-17", "close": 19.0, "volume": 6289, "typical_volume": 44921.35, "trend": 19.163333, "fair_value": 13.144938, "relative_strength": -0.212315, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.744719, "energy": 12.412397, "activity_lines": [ 19.023333, 19.101818, 19.191905, 19.071613 ] }, { "date": "2025-01-24", "close": 18.65, "volume": 4461, "typical_volume": 43877.5, "trend": 19.118333, "fair_value": 13.195773, "relative_strength": -4.043229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.517779, "energy": 24.149562, "activity_lines": [ 18.903333, 18.992727, 19.176667, 19.038495 ] }, { "date": "2025-01-31", "close": 18.299999, "volume": 12122, "typical_volume": 43231.9, "trend": 19.065, "fair_value": 13.25609, "relative_strength": -6.507146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.486457, "energy": 40.365428, "activity_lines": [ 18.683333, 18.841818, 19.115238, 18.985699 ] }, { "date": "2025-02-07", "close": 18.549999, "volume": 9271, "typical_volume": 42968.55, "trend": 19.03, "fair_value": 13.308466, "relative_strength": -5.765319, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.066291, "energy": 40.567131, "activity_lines": [ 18.593333, 18.763636, 19.068333, 18.952473 ] }, { "date": "2025-02-14", "close": 18.5, "volume": 14961, "typical_volume": 42935.6, "trend": 18.963333, "fair_value": 13.359703, "relative_strength": -10.812792, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.959285, "energy": 42.2445, "activity_lines": [ 18.526666, 18.693636, 19.004524, 18.918279 ] }, { "date": "2025-02-21", "close": 18.700001, "volume": 19105, "typical_volume": 40780.7, "trend": 18.89, "fair_value": 13.414131, "relative_strength": -9.19434, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.51419, "energy": 23.783075, "activity_lines": [ 18.56, 18.677273, 18.952619, 18.90129 ] }, { "date": "2025-02-28", "close": 19.299999, "volume": 20366, "typical_volume": 33608.05, "trend": 18.82, "fair_value": 13.477313, "relative_strength": -8.68033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.059501, "energy": 7.502175, "activity_lines": [ 18.813333, 18.772727, 18.960238, 18.927742 ] }, { "date": "2025-03-07", "close": 19.700001, "volume": 9909, "typical_volume": 24691.65, "trend": 18.776667, "fair_value": 13.541969, "relative_strength": -10.029235, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.465061, "energy": 25.226904, "activity_lines": [ 19.156667, 18.933636, 19.010238, 18.984516 ] }, { "date": "2025-03-14", "close": 19.9, "volume": 34791, "typical_volume": 20993.5, "trend": 18.77, "fair_value": 13.606271, "relative_strength": -9.424127, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.482107, "energy": 42.126477, "activity_lines": [ 19.473334, 19.118182, 19.07619, 19.056989 ] }, { "date": "2025-03-21", "close": 19.700001, "volume": 8784, "typical_volume": 17353.0, "trend": 18.816667, "fair_value": 13.667927, "relative_strength": -9.729123, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.086736, "energy": 50.230382, "activity_lines": [ 19.633334, 19.252727, 19.123571, 19.116989 ] }, { "date": "2025-03-28", "close": 19.4, "volume": 2122, "typical_volume": 16786.7, "trend": 18.896667, "fair_value": 13.727115, "relative_strength": -9.292796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.482404, "energy": 50.171632, "activity_lines": [ 19.613334, 19.32, 19.14381, 19.154624 ] }, { "date": "2025-04-04", "close": 20.200001, "volume": 44031, "typical_volume": 18445.4, "trend": 19.038333, "fair_value": 13.791158, "relative_strength": 4.463979, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.493339, "energy": 60.159095, "activity_lines": [ 19.813334, 19.525455, 19.242857, 19.23871 ] }, { "date": "2025-04-11", "close": 19.75, "volume": 14315, "typical_volume": 19003.85, "trend": 19.151667, "fair_value": 13.853135, "relative_strength": 3.107008, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.657112, "energy": 37.262683, "activity_lines": [ 19.803334, 19.620909, 19.297381, 19.284624 ] }, { "date": "2025-04-18", "close": 19.4, "volume": 3136, "typical_volume": 13730.4, "trend": 19.265, "fair_value": 13.917231, "relative_strength": -3.946758, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.52317, "energy": 29.102918, "activity_lines": [ 19.673334, 19.626364, 19.31881, 19.300645 ] }, { "date": "2025-04-25", "close": 19.5, "volume": 10076, "typical_volume": 12674.0, "trend": 19.348333, "fair_value": 13.982786, "relative_strength": -6.935909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.753431, "energy": 12.373552, "activity_lines": [ 19.61, 19.634546, 19.350238, 19.315807 ] }, { "date": "2025-05-02", "close": 19.799999, "volume": 7771, "typical_volume": 12382.9, "trend": 19.368333, "fair_value": 14.052446, "relative_strength": -6.821493, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.733846, "energy": 10.128093, "activity_lines": [ 19.66, 19.679091, 19.41, 19.344946 ] }, { "date": "2025-05-09", "close": 19.75, "volume": 17446, "typical_volume": 12688.3, "trend": 19.353333, "fair_value": 14.121239, "relative_strength": -11.143059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.460336, "energy": 18.285684, "activity_lines": [ 19.666666, 19.694545, 19.460476, 19.36957 ] }, { "date": "2025-05-16", "close": 19.549999, "volume": 4247, "typical_volume": 12736.8, "trend": 19.37, "fair_value": 14.188751, "relative_strength": -14.270282, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.05162, "energy": 17.319899, "activity_lines": [ 19.636666, 19.665454, 19.487857, 19.382258 ] }, { "date": "2025-05-23", "close": 19.5, "volume": 2627, "typical_volume": 12710.5, "trend": 19.353333, "fair_value": 14.256488, "relative_strength": -13.142535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.175894, "energy": 16.489186, "activity_lines": [ 19.603333, 19.63, 19.507857, 19.390645 ] }, { "date": "2025-05-30", "close": 19.450001, "volume": 1219, "typical_volume": 12352.45, "trend": 19.335, "fair_value": 14.322813, "relative_strength": -13.905396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.929975, "energy": 13.626192, "activity_lines": [ 19.546667, 19.592727, 19.521429, 19.396882 ] }, { "date": "2025-06-06", "close": 19.700001, "volume": 2751, "typical_volume": 12175.55, "trend": 19.326667, "fair_value": 14.391286, "relative_strength": -12.883837, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.06758, "energy": 14.993496, "activity_lines": [ 19.576667, 19.605455, 19.556667, 19.42043 ] }, { "date": "2025-06-13", "close": 19.299999, "volume": 7680, "typical_volume": 12336.5, "trend": 19.308333, "fair_value": 14.45665, "relative_strength": -12.386847, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.523407, "energy": 8.593752, "activity_lines": [ 19.48, 19.54, 19.550476, 19.41871 ] }, { "date": "2025-06-20", "close": 19.15, "volume": 12607, "typical_volume": 12360.75, "trend": 19.286667, "fair_value": 14.520507, "relative_strength": -12.274473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.170588, "energy": 7.925887, "activity_lines": [ 19.363333, 19.463636, 19.526905, 19.408495 ] }, { "date": "2025-06-27", "close": 19.299999, "volume": 5148, "typical_volume": 12154.6, "trend": 19.28, "fair_value": 14.586144, "relative_strength": -12.882259, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.634904, "energy": 10.43155, "activity_lines": [ 19.323333, 19.425454, 19.513571, 19.409355 ] }, { "date": "2025-07-04", "close": 19.200001, "volume": 13669, "typical_volume": 12090.0, "trend": 19.271667, "fair_value": 14.649503, "relative_strength": -12.319031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.107026, "energy": 15.900151, "activity_lines": [ 19.263333, 19.370909, 19.487143, 19.404194 ] }, { "date": "2025-07-11", "close": 20.299999, "volume": 25672, "typical_volume": 12418.35, "trend": 19.32, "fair_value": 14.722095, "relative_strength": -9.073359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.223545, "energy": 18.69924, "activity_lines": [ 19.586666, 19.521818, 19.562143, 19.470538 ] }, { "date": "2025-07-18", "close": 22.5, "volume": 13994, "typical_volume": 12099.75, "trend": 19.44, "fair_value": 14.810699, "relative_strength": 0.950286, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.451409, "energy": 73.230233, "activity_lines": [ 20.603333, 20.063636, 19.839048, 19.675699 ] }, { "date": "2025-07-25", "close": 21.799999, "volume": 3924, "typical_volume": 11800.5, "trend": 19.533333, "fair_value": 14.89427, "relative_strength": -3.768875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.119086, "energy": 82.472373, "activity_lines": [ 21.173333, 20.428182, 20.034047, 19.827957 ] }, { "date": "2025-08-01", "close": 21.5, "volume": 13120, "typical_volume": 10716.95, "trend": 19.611667, "fair_value": 14.975099, "relative_strength": -2.099825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.511417, "energy": 80.953074, "activity_lines": [ 21.466666, 20.697272, 20.190476, 19.954839 ] }, { "date": "2025-08-08", "close": 22.5, "volume": 7111, "typical_volume": 10633.3, "trend": 19.728333, "fair_value": 15.062339, "relative_strength": -2.841336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.386711, "energy": 88.734027, "activity_lines": [ 21.946666, 21.111818, 20.434524, 20.141183 ] }, { "date": "2025-08-15", "close": 23.0, "volume": 4877, "typical_volume": 10771.05, "trend": 19.861667, "fair_value": 15.152512, "relative_strength": -2.948412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.52531, "energy": 89.211453, "activity_lines": [ 22.373333, 21.561818, 20.712857, 20.352258 ] }, { "date": "2025-08-22", "close": 22.299999, "volume": 4264, "typical_volume": 8782.7, "trend": 19.983333, "fair_value": 15.236016, "relative_strength": -4.612954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.61383, "energy": 64.146775, "activity_lines": [ 22.386666, 21.824545, 20.907381, 20.50957 ] }, { "date": "2025-08-29", "close": 23.0, "volume": 4210, "typical_volume": 8277.45, "trend": 20.14, "fair_value": 15.326461, "relative_strength": 1.876592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.044753, "energy": 61.31878, "activity_lines": [ 22.646666, 22.16, 21.158571, 20.704193 ] }, { "date": "2025-09-05", "close": 21.799999, "volume": 4738, "typical_volume": 8357.55, "trend": 20.248333, "fair_value": 15.409214, "relative_strength": -3.196518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.92398, "energy": 48.261765, "activity_lines": [ 22.426666, 22.207272, 21.28, 20.81129 ] }, { "date": "2025-09-12", "close": 21.299999, "volume": 4952, "typical_volume": 8101.35, "trend": 20.341667, "fair_value": 15.48958, "relative_strength": -6.45832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.072204, "energy": 31.869699, "activity_lines": [ 22.019999, 22.118181, 21.342381, 20.87914 ] }, { "date": "2025-09-19", "close": 20.799999, "volume": 5404, "typical_volume": 7983.0, "trend": 20.411667, "fair_value": 15.567831, "relative_strength": -8.298422, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.645261, "energy": 18.561351, "activity_lines": [ 21.526666, 21.899999, 21.348571, 20.908709 ] }, { "date": "2025-09-26", "close": 20.9, "volume": 4502, "typical_volume": 7335.8, "trend": 20.465, "fair_value": 15.644269, "relative_strength": -8.301881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.09852, "energy": 21.134316, "activity_lines": [ 21.213333, 21.690909, 21.359523, 20.940215 ] }, { "date": "2025-10-03", "close": 20.9, "volume": 12772, "typical_volume": 7762.05, "trend": 20.505, "fair_value": 15.717981, "relative_strength": -9.951137, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.451074, "energy": 20.351803, "activity_lines": [ 20.993333, 21.510909, 21.365, 20.968279 ] }, { "date": "2025-10-10", "close": 21.0, "volume": 8764, "typical_volume": 8068.9, "trend": 20.541667, "fair_value": 15.792606, "relative_strength": -7.376517, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.303223, "energy": 14.956974, "activity_lines": [ 20.946666, 21.365454, 21.373571, 21.000215 ] }, { "date": "2025-10-17", "close": 20.700001, "volume": 6055, "typical_volume": 8310.7, "trend": 20.575, "fair_value": 15.865581, "relative_strength": -6.668241, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.494784, "energy": 12.555567, "activity_lines": [ 20.853334, 21.174545, 21.346428, 21.01043 ] }, { "date": "2025-10-24", "close": 20.799999, "volume": 55518, "typical_volume": 10949.05, "trend": 20.621666, "fair_value": 15.939469, "relative_strength": -7.571121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.970255, "energy": 11.393935, "activity_lines": [ 20.833333, 21.034545, 21.322857, 21.024946 ] }, { "date": "2025-10-31", "close": 21.1, "volume": 6530, "typical_volume": 10891.55, "trend": 20.651666, "fair_value": 16.013099, "relative_strength": -8.53866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.150365, "energy": 9.422371, "activity_lines": [ 20.913333, 20.989091, 21.322619, 21.055806 ] }, { "date": "2025-11-07", "close": 21.200001, "volume": 14089, "typical_volume": 10965.65, "trend": 20.7, "fair_value": 16.090097, "relative_strength": -6.627592, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 18.506207, "energy": 11.797941, "activity_lines": [ 21.013334, 20.983636, 21.323333, 21.091183 ] }, { "date": "2025-11-14", "close": 21.0, "volume": 2779, "typical_volume": 10847.2, "trend": 20.753333, "fair_value": 16.164995, "relative_strength": -8.938774, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.729819, "energy": 10.344654, "activity_lines": [ 21.026667, 20.974546, 21.295238, 21.110537 ] }, { "date": "2025-11-21", "close": 21.200001, "volume": 7320, "typical_volume": 10529.75, "trend": 20.81, "fair_value": 16.240902, "relative_strength": -6.392452, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.63383, "energy": 13.51595, "activity_lines": [ 21.106667, 21.016364, 21.278095, 21.139355 ] }, { "date": "2025-11-28", "close": 21.299999, "volume": 2272, "typical_volume": 9359.75, "trend": 20.86, "fair_value": 16.31636, "relative_strength": -9.629993, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.204037, "energy": 15.917231, "activity_lines": [ 21.186667, 21.078182, 21.260952, 21.170968 ] }, { "date": "2025-12-05", "close": 21.9, "volume": 11814, "typical_volume": 9250.75, "trend": 20.931666, "fair_value": 16.397572, "relative_strength": -7.981239, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.812578, "energy": 26.141641, "activity_lines": [ 21.433333, 21.24, 21.29619, 21.238064 ] }, { "date": "2025-12-12", "close": 22.1, "volume": 4368, "typical_volume": 9272.95, "trend": 21.016667, "fair_value": 16.473795, "relative_strength": -7.210357, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.671994, "energy": 44.786096, "activity_lines": [ 21.693333, 21.42, 21.353333, 21.313441 ] }, { "date": "2025-12-19", "close": 22.0, "volume": 6174, "typical_volume": 8925.65, "trend": 21.1, "fair_value": 16.547195, "relative_strength": -9.552787, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.229564, "energy": 51.948477, "activity_lines": [ 21.86, 21.56, 21.399524, 21.376882 ] }, { "date": "2025-12-26", "close": 22.200001, "volume": 1707, "typical_volume": 8655.45, "trend": 21.191667, "fair_value": 16.620514, "relative_strength": -8.571361, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.838925, "energy": 62.553747, "activity_lines": [ 22.026667, 21.718182, 21.462381, 21.447849 ] }, { "date": "2026-01-02", "close": 22.700001, "volume": 2048, "typical_volume": 8514.0, "trend": 21.291667, "fair_value": 16.69922, "relative_strength": -7.954374, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.432624, "energy": 69.966814, "activity_lines": [ 22.293334, 21.94, 21.574286, 21.545161 ] }, { "date": "2026-01-09", "close": 23.5, "volume": 7411, "typical_volume": 8671.35, "trend": 21.431667, "fair_value": 16.782781, "relative_strength": -5.280937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.649135, "energy": 79.278011, "activity_lines": [ 22.733334, 22.272728, 21.76381, 21.687634 ] }, { "date": "2026-01-16", "close": 26.0, "volume": 8077, "typical_volume": 8864.7, "trend": 21.66, "fair_value": 16.884549, "relative_strength": 3.628745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.816767, "energy": 92.293091, "activity_lines": [ 23.9, 23.016364, 22.185714, 21.982366 ] }, { "date": "2026-01-23", "close": 24.0, "volume": 3224, "typical_volume": 8789.0, "trend": 21.816667, "fair_value": 16.972406, "relative_strength": -4.989313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.377995, "energy": 80.553926, "activity_lines": [ 24.14, 23.309091, 22.402857, 22.133333 ] }, { "date": "2026-01-30", "close": 25.5, "volume": 17522, "typical_volume": 9417.5, "trend": 22.026667, "fair_value": 17.067697, "relative_strength": -0.517477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.325575, "energy": 84.799814, "activity_lines": [ 24.746667, 23.82, 22.752381, 22.370968 ] }, { "date": "2026-02-06", "close": 26.6, "volume": 8447, "typical_volume": 9569.65, "trend": 22.236667, "fair_value": 17.170039, "relative_strength": 2.700761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.194012, "energy": 89.103892, "activity_lines": [ 25.5, 24.452727, 23.186667, 22.666022 ] }, { "date": "2026-02-13", "close": 26.1, "volume": 9115, "typical_volume": 9800.3, "trend": 22.356667, "fair_value": 17.266994, "relative_strength": 1.492241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.540752, "energy": 66.230372, "activity_lines": [ 25.826667, 24.898182, 23.545714, 22.915269 ] }, { "date": "2026-02-20", "close": 26.200001, "volume": 1869, "typical_volume": 9255.15, "trend": 22.503333, "fair_value": 17.364591, "relative_strength": -1.317485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.082645, "energy": 65.894254, "activity_lines": [ 26.013334, 25.285455, 23.889524, 23.163226 ] }, { "date": "2026-02-27", "close": 26.4, "volume": 8992, "typical_volume": 9266.55, "trend": 22.666667, "fair_value": 17.457471, "relative_strength": 1.28951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.432985, "energy": 58.780604, "activity_lines": [ 26.253334, 25.634546, 24.227143, 23.414624 ] }, { "date": "2026-03-06", "close": 26.5, "volume": 5738, "typical_volume": 9250.7, "trend": 22.8, "fair_value": 17.548537, "relative_strength": 7.140167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.328487, "energy": 55.703707, "activity_lines": [ 26.366667, 25.921818, 24.548572, 23.661936 ] }, { "date": "2026-03-13", "close": 25.6, "volume": 7558, "typical_volume": 6852.7, "trend": 22.886667, "fair_value": 17.631653, "relative_strength": 6.161696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.40532, "energy": 46.986223, "activity_lines": [ 26.113333, 25.967273, 24.756667, 23.842581 ] }, { "date": "2026-03-20", "close": 26.0, "volume": 16057, "typical_volume": 7329.05, "trend": 23.01, "fair_value": 17.717878, "relative_strength": 9.062994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.946971, "energy": 41.370684, "activity_lines": [ 26.06, 26.032727, 24.98, 24.043441 ] }, { "date": "2026-03-27", "close": 26.200001, "volume": 5982, "typical_volume": 6923.7, "trend": 23.116667, "fair_value": 17.806749, "relative_strength": 8.17071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.05409, "energy": 33.75208, "activity_lines": [ 26.08, 26.089091, 25.199048, 24.249248 ] }, { "date": "2026-04-03", "close": 24.9, "volume": 4981, "typical_volume": 7033.8, "trend": 23.22, "fair_value": 17.890286, "relative_strength": -0.375718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.314104, "energy": 23.906812, "activity_lines": [ 25.666667, 25.905455, 25.270476, 24.364301 ] }, { "date": "2026-04-10", "close": 27.5, "volume": 6964, "typical_volume": 7016.0, "trend": 23.426667, "fair_value": 17.991035, "relative_strength": 3.537703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.813916, "energy": 36.86079, "activity_lines": [ 26.22, 26.178182, 25.570953, 24.64043 ] }, { "date": "2026-04-17", "close": 27.5, "volume": 19142, "typical_volume": 7859.5, "trend": 23.65, "fair_value": 18.091783, "relative_strength": 1.17878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.087537, "energy": 42.372449, "activity_lines": [ 26.706667, 26.414546, 25.841429, 24.903226 ] }, { "date": "2026-04-24", "close": 27.5, "volume": 17243, "typical_volume": 8130.95, "trend": 23.87, "fair_value": 18.19226, "relative_strength": 4.773315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.529336, "energy": 53.192824, "activity_lines": [ 27.066667, 26.634546, 26.082381, 25.151613 ] }, { "date": "2026-05-01", "close": 27.5, "volume": 6292, "typical_volume": 8227.15, "trend": 24.09, "fair_value": 18.290585, "relative_strength": 4.060691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.127837, "energy": 71.225629, "activity_lines": [ 27.326667, 26.829091, 26.296667, 25.385807 ] }, { "date": "2026-05-08", "close": 27.6, "volume": 18686, "typical_volume": 8852.75, "trend": 24.31, "fair_value": 18.391344, "relative_strength": 2.81279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.246178, "energy": 71.336121, "activity_lines": [ 27.533333, 27.018182, 26.494762, 25.612258 ] }, { "date": "2026-05-15", "close": 27.5, "volume": 726, "typical_volume": 8803.7, "trend": 24.536667, "fair_value": 18.490566, "relative_strength": 2.730174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.671479, "energy": 61.260443, "activity_lines": [ 27.526667, 27.167273, 26.656667, 25.818065 ] }, { "date": "2026-05-22", "close": 27.5, "volume": 3500, "typical_volume": 8876.3, "trend": 24.76, "fair_value": 18.590983, "relative_strength": 0.558705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.69067, "energy": 45.026916, "activity_lines": [ 27.52, 27.298182, 26.793333, 26.009247 ] }, { "date": "2026-05-29", "close": 26.5, "volume": 7308, "typical_volume": 8871.15, "trend": 24.94, "fair_value": 18.687378, "relative_strength": -5.682597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.176864, "energy": 31.951982, "activity_lines": [ 27.18, 27.212727, 26.811905, 26.121505 ] }, { "date": "2026-06-05", "close": 28.0, "volume": 1287, "typical_volume": 8531.65, "trend": 25.166667, "fair_value": 18.794285, "relative_strength": 0.642133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.576133, "energy": 40.020335, "activity_lines": [ 27.406667, 27.390909, 26.959048, 26.318925 ] }, { "date": "2026-06-12", "close": 25.0, "volume": 10000, "typical_volume": 8870.45, "trend": 25.3, "fair_value": 18.88017, "relative_strength": -12.485999, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.718753, "energy": 10.965694, "activity_lines": [ 26.6, 26.990909, 26.810952, 26.308172 ] }, { "date": "2026-06-19", "close": 27.6, "volume": 423, "typical_volume": 8015.5, "trend": 25.513333, "fair_value": 18.983915, "relative_strength": -7.290167, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.707179, "energy": 20.510102, "activity_lines": [ 26.833333, 27.061818, 26.905714, 26.456559 ] }, { "date": "2026-06-26", "close": 27.1, "volume": 310, "typical_volume": 7608.65, "trend": 25.706667, "fair_value": 19.084754, "relative_strength": -7.190601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.430968, "energy": 16.295812, "activity_lines": [ 26.893333, 27.04, 26.942857, 26.558925 ] }, { "date": "2026-07-03", "close": 27.700001, "volume": 517, "typical_volume": 7178.75, "trend": 25.9, "fair_value": 19.190037, "relative_strength": -7.381134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.345133, "energy": 23.540801, "activity_lines": [ 27.18, 27.134546, 27.034762, 26.687527 ] }, { "date": "2026-07-10", "close": 26.799999, "volume": 696, "typical_volume": 7120.1, "trend": 26.056667, "fair_value": 19.28746, "relative_strength": -9.119037, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.793918, "energy": 28.993549, "activity_lines": [ 27.086667, 27.061818, 27.033333, 26.745591 ] }, { "date": "2026-07-17", "close": 26.9, "volume": 1987, "typical_volume": 6769.85, "trend": 26.22, "fair_value": 19.385225, "relative_strength": -6.748903, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.781767, "energy": 20.16214, "activity_lines": [ 27.106667, 27.02, 27.038571, 26.8 ] }, { "date": "2026-07-24", "close": 27.200001, "volume": 9911, "typical_volume": 6978.5, "trend": 26.386667, "fair_value": 19.486108, "relative_strength": -6.819596, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.605781, "energy": 20.034266, "activity_lines": [ 27.1, 27.045455, 27.07, 26.863226 ] }, { "date": "2026-07-31", "close": 26.6, "volume": 8099, "typical_volume": 7005.55, "trend": 26.516667, "fair_value": 19.58195, "relative_strength": -8.629949, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.652818, "energy": 7.675089, "activity_lines": [ 26.92, 26.967273, 27.040952, 26.876989 ] }, { "date": "2026-08-07", "close": 26.0, "volume": 51990, "typical_volume": 8802.2, "trend": 26.6, "fair_value": 19.67514, "relative_strength": -12.987684, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.251552, "energy": 13.950933, "activity_lines": [ 26.573333, 26.796364, 26.95, 26.843656 ] } ], "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." } } }