{ "ticker": { "uuid": "4ee7894c-1ae6-4922-9cb2-cb21fae2effe", "symbol": "4807", "name": "Regal Holding Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 37.705, "architecture_energy": 24.107, "architecture_maturity": 79.684, "architecture_confidence": 93.693, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.86, "rotation_up": 23.9, "upward_expansion": 57.65, "deceleration": 91.12, "rotation_down": 28.12, "downward_expansion": 21.31 }, "activity_lines": [ 34.686666, 36.51, 34.176429, 30.210645 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 31.549999, "trend_reference": 25.576667, "distance_from_trend": 0.233546, "trend_direction": "Improving", "fair_value": 19.880449, "distance_from_fair_value": 0.586986, "fair_value_direction": "Improving", "relative_strength": 7.632369, "relative_strength_direction": "Improving", "price_momentum": 0.76257, "excess_performance": 0.321198, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.233546, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.350761, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.586986, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.282151, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.076324, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.130746, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.76257, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.105106, "read": "Demand-led" } ], "volume": { "latest": 1225479, "relative_activity": 0.69371, "balance": 2.105106, "dry_up": 0.623324, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.172498, "annualized_volatility": 0.763584, "from_high_reference": -0.312636, "from_low_reference": 1.221831 }, "levels": { "trend_reference": 25.576667, "fair_value_reference": 19.880449, "structural_low": 14.2, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.038095, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.010441, "regime_survival": 0.0, "best_return": 0.048296, "worst_return": -0.022727, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.065657, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.01283, "regime_survival": 0.0, "best_return": 0.017143, "worst_return": -0.088068, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.045714, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046747, "regime_survival": 0.0, "best_return": 1.5, "worst_return": -0.159091, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.119425, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.143973, "regime_survival": 0.5, "best_return": -0.111111, "worst_return": -0.127738, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-11-29", "tenure": "Established", "return": -0.014458, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": 0.007576, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": -0.157143, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-10-03", "tenure": "Extended", "return": -0.058201, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-10", "end": "2025-11-14", "tenure": "Developing", "return": 0.019608, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.042614, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.048517, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.067606, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": -0.112149, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.115789, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.161446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-24", "tenure": "Developing", "return": 0.660131, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": -0.15302, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 18.700001, "volume": 498110, "typical_volume": 126821.65, "trend": 19.875354, "fair_value": 22.741613, "relative_strength": -14.009235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.045424, "energy": 40.246303, "activity_lines": [ 18.643334, 18.761297, 19.137917, 19.477808 ] }, { "date": "2023-08-18", "close": 18.25, "volume": 72003, "typical_volume": 129521.6, "trend": 19.800875, "fair_value": 22.680005, "relative_strength": -14.67408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.779967, "energy": 42.769742, "activity_lines": [ 18.526667, 18.645464, 19.018874, 19.372946 ] }, { "date": "2023-08-25", "close": 17.799999, "volume": 63002, "typical_volume": 132371.65, "trend": 19.717914, "fair_value": 22.620392, "relative_strength": -16.940692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.325086, "energy": 48.446853, "activity_lines": [ 18.283333, 18.463549, 18.864354, 19.243858 ] }, { "date": "2023-09-01", "close": 17.549999, "volume": 58000, "typical_volume": 126915.05, "trend": 19.639657, "fair_value": 22.563197, "relative_strength": -18.524049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.964568, "energy": 59.744797, "activity_lines": [ 18.003333, 18.263653, 18.697644, 19.103992 ] }, { "date": "2023-09-08", "close": 17.450001, "volume": 35000, "typical_volume": 122964.75, "trend": 19.5434, "fair_value": 22.512827, "relative_strength": -18.148285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.86256, "energy": 76.104486, "activity_lines": [ 17.736667, 18.077595, 18.535383, 18.962724 ] }, { "date": "2023-09-15", "close": 17.5, "volume": 55003, "typical_volume": 120364.8, "trend": 19.427624, "fair_value": 22.457321, "relative_strength": -19.098299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.432771, "energy": 74.923391, "activity_lines": [ 17.586667, 17.930909, 18.3921, 18.830892 ] }, { "date": "2023-09-22", "close": 16.950001, "volume": 59042, "typical_volume": 122416.4, "trend": 19.277219, "fair_value": 22.399151, "relative_strength": -18.390526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.011637, "energy": 75.805191, "activity_lines": [ 17.333334, 17.711818, 18.211812, 18.671045 ] }, { "date": "2023-09-29", "close": 16.799999, "volume": 50272, "typical_volume": 121980.0, "trend": 19.136481, "fair_value": 22.336574, "relative_strength": -18.654107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.703735, "energy": 75.181573, "activity_lines": [ 17.116667, 17.495455, 18.035699, 18.511224 ] }, { "date": "2023-10-06", "close": 16.25, "volume": 51003, "typical_volume": 114479.6, "trend": 18.97415, "fair_value": 22.274779, "relative_strength": -21.590405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.069955, "energy": 79.739905, "activity_lines": [ 16.783333, 17.21, 17.824283, 18.325 ] }, { "date": "2023-10-13", "close": 16.700001, "volume": 15000, "typical_volume": 100279.45, "trend": 18.851263, "fair_value": 22.215867, "relative_strength": -20.192055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.16738, "energy": 75.036674, "activity_lines": [ 16.686667, 17.042727, 17.671465, 18.178281 ] }, { "date": "2023-10-20", "close": 16.4, "volume": 25000, "typical_volume": 97679.4, "trend": 18.721635, "fair_value": 22.155033, "relative_strength": -19.430916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.398714, "energy": 74.472959, "activity_lines": [ 16.54, 16.861818, 17.503673, 18.020135 ] }, { "date": "2023-10-27", "close": 16.549999, "volume": 42034, "typical_volume": 93730.95, "trend": 18.613304, "fair_value": 22.087983, "relative_strength": -16.587984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.7589, "energy": 59.372484, "activity_lines": [ 16.516666, 16.75, 17.363098, 17.880029 ] }, { "date": "2023-11-03", "close": 16.450001, "volume": 37001, "typical_volume": 87330.8, "trend": 18.486973, "fair_value": 22.026608, "relative_strength": -18.466736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.002979, "energy": 55.419741, "activity_lines": [ 16.486667, 16.650909, 17.225215, 17.740461 ] }, { "date": "2023-11-10", "close": 16.35, "volume": 17002, "typical_volume": 85780.7, "trend": 18.34916, "fair_value": 21.96775, "relative_strength": -19.303363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.023771, "energy": 63.823432, "activity_lines": [ 16.446667, 16.558182, 17.091433, 17.602592 ] }, { "date": "2023-11-17", "close": 16.200001, "volume": 44001, "typical_volume": 82630.55, "trend": 18.207977, "fair_value": 21.907931, "relative_strength": -22.035281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.587967, "energy": 60.083556, "activity_lines": [ 16.35, 16.46, 16.957466, 17.463936 ] }, { "date": "2023-11-24", "close": 16.549999, "volume": 77000, "typical_volume": 78173.85, "trend": 18.068683, "fair_value": 21.850643, "relative_strength": -20.133781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.605797, "energy": 51.653023, "activity_lines": [ 16.403333, 16.448182, 16.870714, 17.35697 ] }, { "date": "2023-12-01", "close": 16.549999, "volume": 46003, "typical_volume": 73073.85, "trend": 17.92613, "fair_value": 21.790483, "relative_strength": -20.253188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.177251, "energy": 45.485024, "activity_lines": [ 16.446666, 16.453636, 16.795714, 17.25899 ] }, { "date": "2023-12-08", "close": 17.299999, "volume": 149346, "typical_volume": 78941.15, "trend": 17.823243, "fair_value": 21.732547, "relative_strength": -15.804317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.432503, "energy": 24.278816, "activity_lines": [ 16.739999, 16.602727, 16.801905, 17.218595 ] }, { "date": "2023-12-15", "close": 17.1, "volume": 134032, "typical_volume": 84792.75, "trend": 17.741393, "fair_value": 21.658972, "relative_strength": -17.459678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.944365, "energy": 20.66235, "activity_lines": [ 16.909999, 16.706363, 16.794762, 17.171934 ] }, { "date": "2023-12-22", "close": 17.549999, "volume": 76044, "typical_volume": 80194.9, "trend": 17.674543, "fair_value": 21.589717, "relative_strength": -14.340645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.923405, "energy": 15.743175, "activity_lines": [ 17.179999, 16.876363, 16.835952, 17.159586 ] }, { "date": "2023-12-29", "close": 18.5, "volume": 171134, "typical_volume": 63846.1, "trend": 17.654027, "fair_value": 21.547226, "relative_strength": -10.868187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 42.491948, "energy": 41.557931, "activity_lines": [ 17.676666, 17.203636, 16.974286, 17.212841 ] }, { "date": "2024-01-05", "close": 18.450001, "volume": 38018, "typical_volume": 62146.85, "trend": 17.631844, "fair_value": 21.503553, "relative_strength": -8.439292, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.939538, "energy": 58.332908, "activity_lines": [ 18.026667, 17.483636, 17.108809, 17.264195 ] }, { "date": "2024-01-12", "close": 17.75, "volume": 50008, "typical_volume": 61497.15, "trend": 17.579809, "fair_value": 21.456828, "relative_strength": -11.265679, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.994874, "energy": 51.720837, "activity_lines": [ 18.016667, 17.601818, 17.175714, 17.271818 ] }, { "date": "2024-01-19", "close": 17.25, "volume": 42001, "typical_volume": 60697.2, "trend": 17.511107, "fair_value": 21.406898, "relative_strength": -13.999761, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.442247, "energy": 39.059652, "activity_lines": [ 17.81, 17.605454, 17.195238, 17.25054 ] }, { "date": "2024-01-26", "close": 16.450001, "volume": 337045, "typical_volume": 75799.45, "trend": 17.422257, "fair_value": 21.352989, "relative_strength": -18.80513, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -19.080546, "energy": 10.211331, "activity_lines": [ 17.326667, 17.447273, 17.14, 17.182081 ] }, { "date": "2024-02-02", "close": 16.700001, "volume": 51024, "typical_volume": 75600.5, "trend": 17.345, "fair_value": 21.312454, "relative_strength": -17.372593, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.879703, "energy": 28.458931, "activity_lines": [ 17.000001, 17.33, 17.113333, 17.135484 ] }, { "date": "2024-02-09", "close": 16.9, "volume": 8000, "typical_volume": 73048.4, "trend": 17.288333, "fair_value": 21.284974, "relative_strength": -16.014748, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.353115, "energy": 27.912526, "activity_lines": [ 16.86, 17.246364, 17.109524, 17.106774 ] }, { "date": "2024-02-16", "close": 16.700001, "volume": 19007, "typical_volume": 71485.15, "trend": 17.228333, "fair_value": 21.25736, "relative_strength": -18.645069, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.809502, "energy": 30.518461, "activity_lines": [ 16.756667, 17.12, 17.086905, 17.068817 ] }, { "date": "2024-02-23", "close": 17.299999, "volume": 138007, "typical_volume": 75835.35, "trend": 17.196667, "fair_value": 21.23187, "relative_strength": -16.296555, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.897555, "energy": 20.145047, "activity_lines": [ 16.923333, 17.113637, 17.121905, 17.073441 ] }, { "date": "2024-03-01", "close": 16.75, "volume": 106021, "typical_volume": 80386.4, "trend": 17.123333, "fair_value": 21.199696, "relative_strength": -18.495467, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.95274, "energy": 20.578585, "activity_lines": [ 16.903333, 17.003637, 17.099524, 17.044624 ] }, { "date": "2024-03-08", "close": 16.700001, "volume": 132034, "typical_volume": 85738.1, "trend": 17.056667, "fair_value": 21.158874, "relative_strength": -21.509372, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.141731, "energy": 14.974679, "activity_lines": [ 16.846667, 16.899091, 17.072143, 17.017312 ] }, { "date": "2024-03-15", "close": 17.1, "volume": 108019, "typical_volume": 89037.35, "trend": 17.018333, "fair_value": 21.120042, "relative_strength": -18.553386, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.744316, "energy": 4.575458, "activity_lines": [ 16.923334, 16.9, 17.081429, 17.020108 ] }, { "date": "2024-03-22", "close": 17.25, "volume": 97272, "typical_volume": 92050.9, "trend": 17.0, "fair_value": 21.082459, "relative_strength": -19.443327, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.198988, "energy": 6.454877, "activity_lines": [ 17.036667, 16.952727, 17.102381, 17.035054 ] }, { "date": "2024-03-29", "close": 17.1, "volume": 58187, "typical_volume": 94110.15, "trend": 16.985, "fair_value": 21.045637, "relative_strength": -19.813353, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.914822, "energy": 12.434831, "activity_lines": [ 17.063333, 16.987273, 17.105238, 17.041505 ] }, { "date": "2024-04-05", "close": 17.049999, "volume": 26008, "typical_volume": 93210.5, "trend": 16.971667, "fair_value": 21.014811, "relative_strength": -19.570224, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.411017, "energy": 14.894461, "activity_lines": [ 17.086666, 17.015454, 17.099762, 17.045699 ] }, { "date": "2024-04-12", "close": 17.85, "volume": 113182, "typical_volume": 95019.6, "trend": 16.983333, "fair_value": 20.98452, "relative_strength": -16.763568, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.804744, "energy": 38.231389, "activity_lines": [ 17.356666, 17.178182, 17.166429, 17.102366 ] }, { "date": "2024-04-19", "close": 17.6, "volume": 105005, "typical_volume": 97969.7, "trend": 17.005, "fair_value": 20.955784, "relative_strength": -12.179177, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.037043, "energy": 43.079887, "activity_lines": [ 17.466666, 17.274545, 17.203095, 17.142151 ] }, { "date": "2024-04-26", "close": 17.25, "volume": 231001, "typical_volume": 102052.45, "trend": 17.02, "fair_value": 20.923944, "relative_strength": -15.716767, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.266606, "energy": 36.935015, "activity_lines": [ 17.426667, 17.294545, 17.201429, 17.157957 ] }, { "date": "2024-05-03", "close": 17.549999, "volume": 73001, "typical_volume": 99000.9, "trend": 17.063333, "fair_value": 20.894313, "relative_strength": -14.375792, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.377797, "energy": 41.524763, "activity_lines": [ 17.486666, 17.359091, 17.228571, 17.192151 ] }, { "date": "2024-05-10", "close": 18.049999, "volume": 91688, "typical_volume": 99783.1, "trend": 17.108333, "fair_value": 20.868175, "relative_strength": -12.808458, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.408154, "energy": 42.395421, "activity_lines": [ 17.683333, 17.51, 17.30119, 17.255806 ] }, { "date": "2024-05-17", "close": 17.75, "volume": 70013, "typical_volume": 94727.05, "trend": 17.153333, "fair_value": 20.840688, "relative_strength": -15.869089, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.004122, "energy": 33.43136, "activity_lines": [ 17.713333, 17.582727, 17.342857, 17.297204 ] }, { "date": "2024-05-24", "close": 17.6, "volume": 33001, "typical_volume": 94476.2, "trend": 17.188333, "fair_value": 20.813963, "relative_strength": -17.175384, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.013027, "energy": 36.338913, "activity_lines": [ 17.7, 17.609091, 17.373809, 17.326021 ] }, { "date": "2024-05-31", "close": 17.1, "volume": 182010, "typical_volume": 101076.3, "trend": 17.21, "fair_value": 20.782022, "relative_strength": -17.499996, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.294523, "energy": 17.445777, "activity_lines": [ 17.52, 17.535454, 17.36119, 17.320322 ] }, { "date": "2024-06-07", "close": 17.15, "volume": 31010, "typical_volume": 100526.75, "trend": 17.236667, "fair_value": 20.753848, "relative_strength": -19.297747, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.566397, "energy": 12.777764, "activity_lines": [ 17.366667, 17.473636, 17.356428, 17.316452 ] }, { "date": "2024-06-14", "close": 17.049999, "volume": 20002, "typical_volume": 84674.6, "trend": 17.265, "fair_value": 20.72618, "relative_strength": -21.514718, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.133558, "energy": 10.678362, "activity_lines": [ 17.206666, 17.392727, 17.342619, 17.304408 ] }, { "date": "2024-06-21", "close": 17.0, "volume": 49006, "typical_volume": 84573.7, "trend": 17.28, "fair_value": 20.693599, "relative_strength": -23.669044, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.396893, "energy": 18.990911, "activity_lines": [ 17.096666, 17.302727, 17.32119, 17.287312 ] }, { "date": "2024-06-28", "close": 17.049999, "volume": 37336, "typical_volume": 86040.5, "trend": 17.296667, "fair_value": 20.651288, "relative_strength": -22.099829, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.335086, "energy": 25.927243, "activity_lines": [ 17.053333, 17.237272, 17.303095, 17.272473 ] }, { "date": "2024-07-05", "close": 17.5, "volume": 76101, "typical_volume": 88895.2, "trend": 17.303333, "fair_value": 20.615307, "relative_strength": -21.188213, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.609905, "energy": 10.888227, "activity_lines": [ 17.196666, 17.263636, 17.327143, 17.285591 ] }, { "date": "2024-07-12", "close": 20.75, "volume": 1408102, "typical_volume": 152399.95, "trend": 17.425, "fair_value": 20.601021, "relative_strength": -7.566338, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.036416, "energy": 69.87338, "activity_lines": [ 18.396666, 17.876363, 17.656904, 17.507957 ] }, { "date": "2024-07-19", "close": 21.200001, "volume": 2059082, "typical_volume": 250053.0, "trend": 17.546667, "fair_value": 20.584739, "relative_strength": -0.912074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.322485, "energy": 85.524043, "activity_lines": [ 19.506667, 18.512727, 18.013095, 17.751505 ] }, { "date": "2024-07-26", "close": 19.0, "volume": 179048, "typical_volume": 252403.7, "trend": 17.563333, "fair_value": 20.553779, "relative_strength": -7.811348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.209995, "energy": 76.888272, "activity_lines": [ 19.606667, 18.691818, 18.138571, 17.845269 ] }, { "date": "2024-08-02", "close": 17.950001, "volume": 290046, "typical_volume": 261505.05, "trend": 17.546667, "fair_value": 20.50805, "relative_strength": -10.423144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.990393, "energy": 69.978865, "activity_lines": [ 19.223334, 18.657273, 18.153095, 17.870215 ] }, { "date": "2024-08-09", "close": 17.0, "volume": 154027, "typical_volume": 264342.8, "trend": 17.521667, "fair_value": 20.455369, "relative_strength": -13.897592, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.564903, "energy": 23.942292, "activity_lines": [ 18.463334, 18.443637, 18.073095, 17.834946 ] }, { "date": "2024-08-16", "close": 21.9, "volume": 1626546, "typical_volume": 342760.75, "trend": 17.676667, "fair_value": 20.436108, "relative_strength": 6.85087, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.71449, "energy": 38.046573, "activity_lines": [ 19.37, 19.122727, 18.460952, 18.117419 ] }, { "date": "2024-08-23", "close": 24.75, "volume": 2082492, "typical_volume": 445584.95, "trend": 17.953333, "fair_value": 20.43971, "relative_strength": 21.704165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.244477, "energy": 55.826563, "activity_lines": [ 21.15, 20.233637, 19.097381, 18.573763 ] }, { "date": "2024-08-30", "close": 20.450001, "volume": 2404359, "typical_volume": 560143.8, "trend": 18.078333, "fair_value": 20.41862, "relative_strength": 0.348691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.806892, "energy": 45.469529, "activity_lines": [ 21.26, 20.422728, 19.287619, 18.734839 ] }, { "date": "2024-09-06", "close": 20.799999, "volume": 2584312, "typical_volume": 684109.15, "trend": 18.208333, "fair_value": 20.396328, "relative_strength": 6.215914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.812074, "energy": 61.098213, "activity_lines": [ 21.39, 20.612727, 19.49881, 18.91043 ] }, { "date": "2024-09-13", "close": 22.299999, "volume": 2741765, "typical_volume": 809647.35, "trend": 18.395, "fair_value": 20.378557, "relative_strength": 12.199878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.69402, "energy": 52.468399, "activity_lines": [ 21.83, 21.007273, 19.837619, 19.174408 ] }, { "date": "2024-09-20", "close": 22.700001, "volume": 1317088, "typical_volume": 871851.7, "trend": 18.575, "fair_value": 20.370656, "relative_strength": 12.181863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.561771, "energy": 38.436566, "activity_lines": [ 22.05, 21.387273, 20.190476, 19.452151 ] }, { "date": "2024-09-27", "close": 22.049999, "volume": 656026, "typical_volume": 900068.6, "trend": 18.751667, "fair_value": 20.354497, "relative_strength": 5.938702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.870896, "energy": 35.13698, "activity_lines": [ 22.0, 21.613636, 20.456905, 19.676344 ] }, { "date": "2024-10-04", "close": 24.85, "volume": 1361113, "typical_volume": 964623.6, "trend": 19.023333, "fair_value": 20.351319, "relative_strength": 21.839812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.461623, "energy": 44.921222, "activity_lines": [ 23.063333, 22.333636, 20.970952, 20.069785 ] }, { "date": "2024-10-11", "close": 25.5, "volume": 3689143, "typical_volume": 1147430.7, "trend": 19.303333, "fair_value": 20.356983, "relative_strength": 21.454693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.653624, "energy": 55.619719, "activity_lines": [ 24.05, 23.065454, 21.513095, 20.487634 ] }, { "date": "2024-10-18", "close": 28.85, "volume": 6789442, "typical_volume": 1477802.3, "trend": 19.69, "fair_value": 20.38266, "relative_strength": 33.338774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.910148, "energy": 73.151043, "activity_lines": [ 25.84, 24.269091, 22.336667, 21.103548 ] }, { "date": "2024-10-25", "close": 26.700001, "volume": 1337141, "typical_volume": 1543108.85, "trend": 20.01, "fair_value": 20.39251, "relative_strength": 23.831098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.151318, "energy": 70.561278, "activity_lines": [ 26.476667, 24.866364, 22.899524, 21.555806 ] }, { "date": "2024-11-01", "close": 31.450001, "volume": 3775125, "typical_volume": 1730865.0, "trend": 20.49, "fair_value": 20.432224, "relative_strength": 48.313979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.486323, "energy": 80.277276, "activity_lines": [ 28.430001, 26.24, 23.869286, 22.293871 ] }, { "date": "2024-11-08", "close": 32.400002, "volume": 13765950, "typical_volume": 2416712.2, "trend": 20.975, "fair_value": 20.483288, "relative_strength": 46.576683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.21225, "energy": 77.345049, "activity_lines": [ 30.073334, 27.664546, 24.860953, 23.062258 ] }, { "date": "2024-11-15", "close": 29.85, "volume": 3961629, "typical_volume": 2612926.85, "trend": 21.383333, "fair_value": 20.51859, "relative_strength": 38.801159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.248793, "energy": 63.827716, "activity_lines": [ 30.363334, 28.408182, 25.536429, 23.634839 ] }, { "date": "2024-11-22", "close": 23.5, "volume": 5593096, "typical_volume": 2888776.6, "trend": 21.591667, "fair_value": 20.498284, "relative_strength": 8.351899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.490214, "energy": 41.683849, "activity_lines": [ 28.246667, 27.832728, 25.546191, 23.771398 ] }, { "date": "2024-11-29", "close": 20.450001, "volume": 2820863, "typical_volume": 2959414.65, "trend": 21.688333, "fair_value": 20.456381, "relative_strength": -2.932393, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.993609, "energy": 12.77723, "activity_lines": [ 25.470001, 26.68091, 25.236905, 23.697742 ] }, { "date": "2024-12-06", "close": 19.799999, "volume": 1249379, "typical_volume": 2918929.5, "trend": 21.746667, "fair_value": 20.41674, "relative_strength": -9.529192, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.587058, "energy": 19.933215, "activity_lines": [ 22.893333, 25.451819, 24.867143, 23.575914 ] }, { "date": "2024-12-13", "close": 20.049999, "volume": 1316012, "typical_volume": 2975777.7, "trend": 21.823333, "fair_value": 20.385423, "relative_strength": -7.517239, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.72717, "energy": 34.973491, "activity_lines": [ 21.176666, 24.309091, 24.527857, 23.466452 ] }, { "date": "2024-12-20", "close": 19.950001, "volume": 600100, "typical_volume": 2991280.4, "trend": 21.901667, "fair_value": 20.357264, "relative_strength": -5.678718, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.483573, "energy": 36.638077, "activity_lines": [ 20.25, 23.235455, 24.174048, 23.345592 ] }, { "date": "2024-12-27", "close": 21.0, "volume": 1011533, "typical_volume": 3034155.7, "trend": 22.031667, "fair_value": 20.333205, "relative_strength": -3.72429, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.842692, "energy": 40.068572, "activity_lines": [ 20.333333, 22.453637, 23.910714, 23.28742 ] }, { "date": "2025-01-03", "close": 19.35, "volume": 294875, "typical_volume": 2967572.15, "trend": 22.105, "fair_value": 20.297985, "relative_strength": -9.478921, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.65905, "energy": 40.839027, "activity_lines": [ 20.033333, 21.514546, 23.471191, 23.114409 ] }, { "date": "2025-01-10", "close": 17.25, "volume": 339012, "typical_volume": 2880398.15, "trend": 22.111667, "fair_value": 20.25018, "relative_strength": -19.226716, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.747139, "energy": 40.244026, "activity_lines": [ 19.106667, 20.327273, 22.84381, 22.801183 ] }, { "date": "2025-01-17", "close": 18.15, "volume": 638333, "typical_volume": 2792096.85, "trend": 22.15, "fair_value": 20.20756, "relative_strength": -15.175966, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.196538, "energy": 41.013613, "activity_lines": [ 18.65, 19.561818, 22.337857, 22.545592 ] }, { "date": "2025-01-24", "close": 18.200001, "volume": 76145, "typical_volume": 2666688.5, "trend": 22.188334, "fair_value": 20.170228, "relative_strength": -16.061178, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.017688, "energy": 49.366343, "activity_lines": [ 18.336667, 19.064546, 21.847619, 22.290753 ] }, { "date": "2025-02-07", "close": 17.700001, "volume": 128272, "typical_volume": 2536013.85, "trend": 22.195, "fair_value": 20.130568, "relative_strength": -17.910716, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.843061, "energy": 64.874884, "activity_lines": [ 17.973334, 18.688182, 21.322143, 22.001183 ] }, { "date": "2025-02-14", "close": 18.9, "volume": 665002, "typical_volume": 2503409.55, "trend": 22.133334, "fair_value": 20.096846, "relative_strength": -10.893017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.482484, "energy": 59.586612, "activity_lines": [ 18.23, 18.635455, 20.932857, 21.788602 ] }, { "date": "2025-02-21", "close": 19.450001, "volume": 111027, "typical_volume": 2476159.6, "trend": 22.075, "fair_value": 20.062267, "relative_strength": -10.385623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.365364, "energy": 48.744073, "activity_lines": [ 18.700001, 18.71091, 20.614048, 21.615484 ] }, { "date": "2025-02-28", "close": 18.6, "volume": 101005, "typical_volume": 2413154.2, "trend": 22.061667, "fair_value": 20.021655, "relative_strength": -11.582282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.41494, "energy": 54.972045, "activity_lines": [ 18.74, 18.638182, 20.226667, 21.391291 ] }, { "date": "2025-03-07", "close": 19.6, "volume": 2941010, "typical_volume": 2375747.55, "trend": 22.116667, "fair_value": 19.987745, "relative_strength": -4.826747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.371616, "energy": 33.835362, "activity_lines": [ 19.083334, 18.773637, 19.964286, 21.232473 ] }, { "date": "2025-03-14", "close": 18.5, "volume": 334161, "typical_volume": 2052983.5, "trend": 22.166667, "fair_value": 19.947953, "relative_strength": -7.678033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.322139, "energy": 32.90729, "activity_lines": [ 18.966667, 18.715455, 19.625238, 20.99914 ] }, { "date": "2025-03-21", "close": 21.75, "volume": 1814017, "typical_volume": 2076827.3, "trend": 22.161667, "fair_value": 19.931332, "relative_strength": 7.113019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.958772, "energy": 16.859532, "activity_lines": [ 19.88, 19.293637, 19.645, 20.972258 ] }, { "date": "2025-03-28", "close": 21.5, "volume": 4094160, "typical_volume": 2092779.05, "trend": 22.053334, "fair_value": 19.908726, "relative_strength": 8.527801, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.616156, "energy": 15.284793, "activity_lines": [ 20.52, 19.782727, 19.664524, 20.92957 ] }, { "date": "2025-04-04", "close": 20.549999, "volume": 1882001, "typical_volume": 1498581.6, "trend": 22.056667, "fair_value": 19.877399, "relative_strength": 4.947166, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.25766, "energy": 17.262608, "activity_lines": [ 20.706666, 20.021818, 19.640952, 20.832581 ] }, { "date": "2025-04-11", "close": 15.4, "volume": 997083, "typical_volume": 1350354.3, "trend": 21.876667, "fair_value": 19.815105, "relative_strength": -14.138116, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.534975, "energy": 26.401261, "activity_lines": [ 19.046666, 19.280909, 19.183333, 20.403118 ] }, { "date": "2025-04-18", "close": 19.450001, "volume": 1662031, "typical_volume": 1153801.05, "trend": 21.781667, "fair_value": 19.778773, "relative_strength": 8.866449, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.648027, "energy": 22.030776, "activity_lines": [ 19.016667, 19.327273, 19.180238, 20.246559 ] }, { "date": "2025-04-25", "close": 18.1, "volume": 3366001, "typical_volume": 1181057.95, "trend": 21.628334, "fair_value": 19.735248, "relative_strength": -1.144711, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.770442, "energy": 33.486981, "activity_lines": [ 18.473333, 19.096364, 19.067857, 20.009032 ] }, { "date": "2025-05-02", "close": 18.450001, "volume": 514001, "typical_volume": 1144289.05, "trend": 21.508334, "fair_value": 19.691921, "relative_strength": -3.728822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.575463, "energy": 38.778014, "activity_lines": [ 18.29, 18.943637, 19.0, 19.803979 ] }, { "date": "2025-05-09", "close": 18.25, "volume": 338001, "typical_volume": 1095388.5, "trend": 21.288334, "fair_value": 19.653448, "relative_strength": -5.370898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.317347, "energy": 28.515199, "activity_lines": [ 18.243334, 18.772727, 18.919524, 19.593764 ] }, { "date": "2025-05-16", "close": 17.4, "volume": 389003, "typical_volume": 1084833.65, "trend": 21.018334, "fair_value": 19.608651, "relative_strength": -13.478512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.155845, "energy": 36.831624, "activity_lines": [ 18.066667, 18.453637, 18.766667, 19.342903 ] }, { "date": "2025-05-23", "close": 17.299999, "volume": 95073, "typical_volume": 1039010.65, "trend": 20.633334, "fair_value": 19.573147, "relative_strength": -13.14989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.318188, "energy": 33.843621, "activity_lines": [ 17.723333, 18.156364, 18.616429, 19.103011 ] }, { "date": "2025-05-30", "close": 16.9, "volume": 94100, "typical_volume": 1028971.9, "trend": 20.306667, "fair_value": 19.537125, "relative_strength": -13.902025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.635409, "energy": 36.724622, "activity_lines": [ 17.39, 17.808182, 18.445714, 18.862151 ] }, { "date": "2025-06-06", "close": 16.35, "volume": 164006, "typical_volume": 1020221.6, "trend": 19.803334, "fair_value": 19.493779, "relative_strength": -17.818367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.115972, "energy": 50.900709, "activity_lines": [ 16.953333, 17.448182, 18.234286, 18.606882 ] }, { "date": "2025-06-13", "close": 16.65, "volume": 502011, "typical_volume": 1013405.5, "trend": 19.278333, "fair_value": 19.456738, "relative_strength": -17.821542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.790335, "energy": 48.582788, "activity_lines": [ 16.756667, 17.236364, 18.055714, 18.403441 ] }, { "date": "2025-06-20", "close": 16.1, "volume": 152013, "typical_volume": 1017198.9, "trend": 18.82, "fair_value": 19.410913, "relative_strength": -20.392507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.895101, "energy": 55.121018, "activity_lines": [ 16.483333, 16.995455, 17.831905, 18.198387 ] }, { "date": "2025-06-27", "close": 16.049999, "volume": 129002, "typical_volume": 1017235.4, "trend": 18.571667, "fair_value": 19.370611, "relative_strength": -22.484797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.565882, "energy": 59.036499, "activity_lines": [ 16.28, 16.732727, 17.613333, 18.019677 ] }, { "date": "2025-07-04", "close": 15.95, "volume": 112002, "typical_volume": 989585.4, "trend": 18.421667, "fair_value": 19.33259, "relative_strength": -22.803229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.96682, "energy": 56.209256, "activity_lines": [ 16.126666, 16.513636, 17.393095, 17.850538 ] }, { "date": "2025-07-11", "close": 16.200001, "volume": 220002, "typical_volume": 995034.15, "trend": 18.301667, "fair_value": 19.29588, "relative_strength": -22.244347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.467192, "energy": 62.036517, "activity_lines": [ 16.12, 16.379091, 17.210714, 17.707204 ] }, { "date": "2025-07-18", "close": 16.15, "volume": 117013, "typical_volume": 995834.55, "trend": 18.171667, "fair_value": 19.263232, "relative_strength": -24.298522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.796485, "energy": 63.969054, "activity_lines": [ 16.106667, 16.276364, 17.039048, 17.568387 ] }, { "date": "2025-07-25", "close": 15.85, "volume": 135153, "typical_volume": 855541.7, "trend": 18.035, "fair_value": 19.231583, "relative_strength": -25.253406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.799718, "energy": 63.535112, "activity_lines": [ 16.026667, 16.157273, 16.850476, 17.418602 ] }, { "date": "2025-08-01", "close": 15.5, "volume": 160002, "typical_volume": 846833.75, "trend": 17.851667, "fair_value": 19.197107, "relative_strength": -26.815946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.455519, "energy": 63.487024, "activity_lines": [ 15.846667, 16.002727, 16.646429, 17.255054 ] }, { "date": "2025-08-08", "close": 15.65, "volume": 76004, "typical_volume": 759933.1, "trend": 17.728333, "fair_value": 19.168267, "relative_strength": -27.638878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.753471, "energy": 55.922362, "activity_lines": [ 15.753333, 15.908182, 16.470952, 17.113011 ] }, { "date": "2025-08-15", "close": 15.45, "volume": 64001, "typical_volume": 558425.15, "trend": 17.668333, "fair_value": 19.140483, "relative_strength": -29.245941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.907648, "energy": 53.933338, "activity_lines": [ 15.613333, 15.8, 16.305476, 16.966022 ] }, { "date": "2025-08-22", "close": 15.25, "volume": 163000, "typical_volume": 472475.1, "trend": 17.571667, "fair_value": 19.107326, "relative_strength": -27.964649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.688274, "energy": 55.161648, "activity_lines": [ 15.456667, 15.671818, 16.149762, 16.81 ] }, { "date": "2025-08-29", "close": 15.25, "volume": 115003, "typical_volume": 428371.1, "trend": 17.473333, "fair_value": 19.070663, "relative_strength": -28.606092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.342234, "energy": 53.62326, "activity_lines": [ 15.36, 15.569091, 16.019286, 16.660215 ] }, { "date": "2025-09-05", "close": 15.1, "volume": 114006, "typical_volume": 350969.85, "trend": 17.386667, "fair_value": 19.032745, "relative_strength": -29.599276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.439634, "energy": 59.545771, "activity_lines": [ 15.253333, 15.454545, 15.875238, 16.507097 ] }, { "date": "2025-09-12", "close": 16.299999, "volume": 692002, "typical_volume": 217269.9, "trend": 17.3, "fair_value": 18.999306, "relative_strength": -26.393937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.068826, "energy": 40.603288, "activity_lines": [ 15.573333, 15.575454, 15.86619, 16.436989 ] }, { "date": "2025-09-19", "close": 17.35, "volume": 809032, "typical_volume": 232021.45, "trend": 17.23, "fair_value": 18.97608, "relative_strength": -21.367369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.442444, "energy": 13.143433, "activity_lines": [ 16.2, 15.880909, 15.965714, 16.440215 ] }, { "date": "2025-09-26", "close": 17.85, "volume": 174330, "typical_volume": 223837.9, "trend": 17.205, "fair_value": 18.956686, "relative_strength": -18.514186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.187791, "energy": 26.372814, "activity_lines": [ 16.866666, 16.256363, 16.118095, 16.480215 ] }, { "date": "2025-10-03", "close": 17.799999, "volume": 184354, "typical_volume": 213605.45, "trend": 17.145, "fair_value": 18.940732, "relative_strength": -21.799068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.145681, "energy": 39.84314, "activity_lines": [ 17.343333, 16.591818, 16.267619, 16.518602 ] }, { "date": "2025-10-10", "close": 17.85, "volume": 73260, "typical_volume": 212514.8, "trend": 17.123333, "fair_value": 18.932933, "relative_strength": -22.324349, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.193027, "energy": 53.674547, "activity_lines": [ 17.666666, 16.900909, 16.42, 16.564086 ] }, { "date": "2025-10-17", "close": 17.950001, "volume": 319303, "typical_volume": 223774.95, "trend": 16.996667, "fair_value": 18.925775, "relative_strength": -21.068118, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.527098, "energy": 59.361675, "activity_lines": [ 17.84, 17.185454, 16.579286, 16.617419 ] }, { "date": "2025-10-24", "close": 17.799999, "volume": 56105, "typical_volume": 218379.9, "trend": 16.873333, "fair_value": 18.917656, "relative_strength": -21.324455, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.993728, "energy": 55.063514, "activity_lines": [ 17.853333, 17.400909, 16.719286, 16.669247 ] }, { "date": "2025-10-31", "close": 18.049999, "volume": 42717, "typical_volume": 195415.2, "trend": 16.79, "fair_value": 18.913333, "relative_strength": -21.271563, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.804597, "energy": 47.532581, "activity_lines": [ 17.92, 17.619091, 16.87619, 16.745161 ] }, { "date": "2025-11-07", "close": 18.0, "volume": 39111, "typical_volume": 189770.1, "trend": 16.876667, "fair_value": 18.914957, "relative_strength": -18.42787, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.473499, "energy": 36.894863, "activity_lines": [ 17.956666, 17.777272, 17.021666, 16.823226 ] }, { "date": "2025-11-14", "close": 18.200001, "volume": 123093, "typical_volume": 189474.65, "trend": 16.835, "fair_value": 18.916297, "relative_strength": -15.305429, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.014997, "energy": 44.830912, "activity_lines": [ 18.046667, 17.921818, 17.177143, 16.908602 ] }, { "date": "2025-11-21", "close": 17.700001, "volume": 112106, "typical_volume": 189479.85, "trend": 16.821667, "fair_value": 18.912237, "relative_strength": -13.265733, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.136158, "energy": 38.807305, "activity_lines": [ 17.946667, 17.919091, 17.274762, 16.964409 ] }, { "date": "2025-11-28", "close": 17.799999, "volume": 50318, "typical_volume": 180995.65, "trend": 16.8, "fair_value": 18.89503, "relative_strength": -15.736516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.558249, "energy": 30.717786, "activity_lines": [ 17.896667, 17.909091, 17.373571, 17.027527 ] }, { "date": "2025-12-05", "close": 17.700001, "volume": 69031, "typical_volume": 178596.55, "trend": 16.781667, "fair_value": 18.876241, "relative_strength": -16.671797, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.92269, "energy": 26.167564, "activity_lines": [ 17.813334, 17.872727, 17.455238, 17.085591 ] }, { "date": "2025-12-12", "close": 17.6, "volume": 47121, "typical_volume": 174194.95, "trend": 16.788333, "fair_value": 18.85305, "relative_strength": -17.299713, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.764164, "energy": 20.728049, "activity_lines": [ 17.72, 17.820909, 17.52, 17.138387 ] }, { "date": "2025-12-19", "close": 17.9, "volume": 59400, "typical_volume": 169164.85, "trend": 16.808333, "fair_value": 18.828649, "relative_strength": -13.873499, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.476775, "energy": 23.306299, "activity_lines": [ 17.753333, 17.827273, 17.605, 17.210108 ] }, { "date": "2025-12-26", "close": 18.35, "volume": 318234, "typical_volume": 181276.35, "trend": 16.856667, "fair_value": 18.815281, "relative_strength": -13.8282, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.636832, "energy": 33.278613, "activity_lines": [ 17.956667, 17.914546, 17.721429, 17.30957 ] }, { "date": "2026-01-02", "close": 18.549999, "volume": 60000, "typical_volume": 181076.3, "trend": 16.93, "fair_value": 18.807582, "relative_strength": -14.650282, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.544774, "energy": 48.632851, "activity_lines": [ 18.183333, 18.030909, 17.844048, 17.418817 ] }, { "date": "2026-01-09", "close": 18.450001, "volume": 54156, "typical_volume": 175634.1, "trend": 16.99, "fair_value": 18.795794, "relative_strength": -17.236249, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.399972, "energy": 52.991733, "activity_lines": [ 18.326667, 18.115455, 17.942381, 17.516882 ] }, { "date": "2026-01-16", "close": 17.9, "volume": 61212, "typical_volume": 172944.55, "trend": 17.05, "fair_value": 18.778914, "relative_strength": -22.200769, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.990793, "energy": 46.762109, "activity_lines": [ 18.236667, 18.092727, 17.973095, 17.575591 ] }, { "date": "2026-01-23", "close": 18.450001, "volume": 39050, "typical_volume": 169196.75, "trend": 17.13, "fair_value": 18.765873, "relative_strength": -20.767049, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.828104, "energy": 45.149762, "activity_lines": [ 18.31, 18.171818, 18.043572, 17.665914 ] }, { "date": "2026-01-30", "close": 18.15, "volume": 80062, "typical_volume": 138599.75, "trend": 17.203333, "fair_value": 18.752163, "relative_strength": -21.87589, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.002371, "energy": 30.082008, "activity_lines": [ 18.246667, 18.191818, 18.069524, 17.73172 ] }, { "date": "2026-02-06", "close": 17.9, "volume": 42024, "typical_volume": 100249.35, "trend": 17.26, "fair_value": 18.739357, "relative_strength": -21.87579, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.493015, "energy": 18.776107, "activity_lines": [ 18.113334, 18.158182, 18.062857, 17.776667 ] }, { "date": "2026-02-13", "close": 17.65, "volume": 34957, "typical_volume": 93280.7, "trend": 17.31, "fair_value": 18.722128, "relative_strength": -26.57502, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.53422, "energy": 12.488962, "activity_lines": [ 17.94, 18.077273, 18.029762, 17.801828 ] }, { "date": "2026-02-27", "close": 17.75, "volume": 146098, "typical_volume": 91367.9, "trend": 17.373333, "fair_value": 18.701466, "relative_strength": -29.325379, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.200407, "energy": 14.337945, "activity_lines": [ 17.853333, 18.015455, 18.007143, 17.830215 ] }, { "date": "2026-03-06", "close": 16.85, "volume": 427258, "typical_volume": 109067.8, "trend": 17.418333, "fair_value": 18.671901, "relative_strength": -28.694418, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.507151, "energy": 17.912825, "activity_lines": [ 17.476667, 17.787273, 17.899048, 17.796452 ] }, { "date": "2026-03-13", "close": 16.549999, "volume": 154569, "typical_volume": 100831.1, "trend": 17.448333, "fair_value": 18.643233, "relative_strength": -28.820898, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.984045, "energy": 41.296495, "activity_lines": [ 17.106666, 17.523636, 17.767143, 17.74043 ] }, { "date": "2026-03-20", "close": 16.049999, "volume": 231242, "typical_volume": 109587.95, "trend": 17.468333, "fair_value": 18.610734, "relative_strength": -30.569251, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.270255, "energy": 60.375282, "activity_lines": [ 16.676666, 17.201818, 17.594286, 17.650215 ] }, { "date": "2026-03-27", "close": 15.0, "volume": 292187, "typical_volume": 122061.45, "trend": 17.46, "fair_value": 18.576204, "relative_strength": -33.286431, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.481848, "energy": 73.204885, "activity_lines": [ 16.02, 16.734545, 17.329762, 17.490968 ] }, { "date": "2026-04-03", "close": 14.25, "volume": 726113, "typical_volume": 156411.55, "trend": 17.426667, "fair_value": 18.537494, "relative_strength": -34.537024, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.081904, "energy": 91.907324, "activity_lines": [ 15.29, 16.193636, 17.008333, 17.283871 ] }, { "date": "2026-04-10", "close": 14.25, "volume": 132921, "typical_volume": 156902.95, "trend": 17.398333, "fair_value": 18.501917, "relative_strength": -38.805622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.050215, "energy": 92.510721, "activity_lines": [ 14.793333, 15.719091, 16.704762, 17.078925 ] }, { "date": "2026-04-17", "close": 15.4, "volume": 645865, "typical_volume": 183590.9, "trend": 17.368333, "fair_value": 18.470892, "relative_strength": -35.661953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.233422, "energy": 84.80013, "activity_lines": [ 14.853333, 15.53, 16.529524, 16.95 ] }, { "date": "2026-04-24", "close": 15.9, "volume": 473094, "typical_volume": 204729.7, "trend": 17.32, "fair_value": 18.441505, "relative_strength": -36.080458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.972676, "energy": 67.933078, "activity_lines": [ 15.156667, 15.481818, 16.412857, 16.855269 ] }, { "date": "2026-05-01", "close": 20.75, "volume": 1753331, "typical_volume": 288944.7, "trend": 17.416667, "fair_value": 18.443521, "relative_strength": -15.611169, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.889932, "energy": 13.460571, "activity_lines": [ 17.086667, 16.351818, 16.767143, 17.076559 ] }, { "date": "2026-05-08", "close": 21.549999, "volume": 2513908, "typical_volume": 412284.05, "trend": 17.541667, "fair_value": 18.448785, "relative_strength": -17.064489, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.202554, "energy": 48.236434, "activity_lines": [ 18.9, 17.310909, 17.183095, 17.343226 ] }, { "date": "2026-05-15", "close": 24.1, "volume": 2344186, "typical_volume": 526523.35, "trend": 17.75, "fair_value": 18.469769, "relative_strength": -5.442252, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.540282, "energy": 70.461394, "activity_lines": [ 21.076666, 18.664545, 17.823095, 17.766344 ] }, { "date": "2026-05-22", "close": 22.950001, "volume": 1165781, "typical_volume": 568900.7, "trend": 17.916667, "fair_value": 18.486201, "relative_strength": -11.591857, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.916885, "energy": 82.2698, "activity_lines": [ 22.213333, 19.677273, 18.324048, 18.101828 ] }, { "date": "2026-05-29", "close": 27.9, "volume": 3337352, "typical_volume": 732768.3, "trend": 18.253333, "fair_value": 18.539691, "relative_strength": 2.114642, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.955078, "energy": 96.905513, "activity_lines": [ 24.496667, 21.473636, 19.274524, 18.745914 ] }, { "date": "2026-06-05", "close": 38.5, "volume": 5890603, "typical_volume": 1024590.65, "trend": 18.935, "fair_value": 18.66113, "relative_strength": 39.579311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.286506, "energy": 99.425022, "activity_lines": [ 29.513333, 24.981818, 21.19, 20.052151 ] }, { "date": "2026-06-12", "close": 41.0, "volume": 2476591, "typical_volume": 1145359.6, "trend": 19.701667, "fair_value": 18.801415, "relative_strength": 50.855974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.407593, "energy": 98.887436, "activity_lines": [ 34.18, 28.517273, 23.248095, 21.475699 ] }, { "date": "2026-06-19", "close": 44.0, "volume": 1807023, "typical_volume": 1233758.25, "trend": 20.561667, "fair_value": 18.960932, "relative_strength": 52.972993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.213285, "energy": 97.874321, "activity_lines": [ 38.55, 32.111818, 25.481905, 23.043333 ] }, { "date": "2026-06-26", "close": 37.900002, "volume": 3041844, "typical_volume": 1381847.35, "trend": 21.235, "fair_value": 19.080091, "relative_strength": 36.852622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.545288, "energy": 88.348154, "activity_lines": [ 39.560001, 34.056364, 27.013095, 24.161936 ] }, { "date": "2026-07-03", "close": 37.950001, "volume": 1377661, "typical_volume": 1448629.2, "trend": 21.906667, "fair_value": 19.199572, "relative_strength": 30.158232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.969593, "energy": 67.818311, "activity_lines": [ 39.590001, 35.60091, 28.455, 25.240323 ] }, { "date": "2026-07-10", "close": 37.650002, "volume": 0, "typical_volume": 1446881.35, "trend": 22.571667, "fair_value": 19.318383, "relative_strength": 32.686863, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.922719, "energy": 65.721588, "activity_lines": [ 38.850001, 36.690001, 29.772858, 26.256022 ] }, { "date": "2026-07-17", "close": 40.599998, "volume": 3240318, "typical_volume": 1601592.35, "trend": 23.338333, "fair_value": 19.456731, "relative_strength": 50.969973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.798894, "energy": 63.52512, "activity_lines": [ 39.15, 38.008182, 31.276429, 27.41914 ] }, { "date": "2026-07-24", "close": 38.099998, "volume": 1426315, "typical_volume": 1651545.2, "trend": 24.011667, "fair_value": 19.581731, "relative_strength": 37.716619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.735125, "energy": 53.65078, "activity_lines": [ 38.643333, 38.525455, 32.433095, 28.371505 ] }, { "date": "2026-07-31", "close": 37.25, "volume": 872309, "typical_volume": 1687432.2, "trend": 24.641667, "fair_value": 19.701923, "relative_strength": 35.552073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.019497, "energy": 46.07329, "activity_lines": [ 38.246666, 38.633636, 33.407619, 29.225591 ] }, { "date": "2026-08-07", "close": 33.5, "volume": 880450, "typical_volume": 1719892.6, "trend": 25.14, "fair_value": 19.79968, "relative_strength": 18.513327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.43795, "energy": 37.112092, "activity_lines": [ 36.643333, 37.8, 33.926429, 29.797097 ] }, { "date": "2026-08-14", "close": 31.549999, "volume": 1225479, "typical_volume": 1766557.2, "trend": 25.576667, "fair_value": 19.880449, "relative_strength": 7.632369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.705107, "energy": 24.106894, "activity_lines": [ 34.686666, 36.51, 34.176429, 30.210645 ] } ], "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." } } }