{ "ticker": { "uuid": "4f21fd0c-7cda-483c-9f6b-f68eee73a2fe", "symbol": "8183", "name": "Info-Tek Corporation", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 81.314, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.23, "architecture_energy": 55.491, "architecture_maturity": 9.854, "architecture_confidence": 90.263, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 20.6, "rotation_up": 14.75, "upward_expansion": 14.56, "deceleration": 35.34, "rotation_down": 62.32, "downward_expansion": 85.56 }, "activity_lines": [ 29.596666, 30.494357, 31.076029, 31.722673 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 30.049999, "trend_reference": 32.422574, "distance_from_trend": -0.073177, "trend_direction": "Weakening", "fair_value": 35.932274, "distance_from_fair_value": -0.163705, "fair_value_direction": "Improving", "relative_strength": -32.74705, "relative_strength_direction": "Improving", "price_momentum": -0.002318, "excess_performance": -0.44369, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.073177, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.015313, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.163705, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.04413, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.32747, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.017031, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.002318, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.312908, "read": "Demand-led" } ], "volume": { "latest": 1182202, "relative_activity": 0.428349, "balance": 1.312908, "dry_up": 0.44148, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.095589, "annualized_volatility": 0.478152, "from_high_reference": -0.255659, "from_low_reference": 0.190657 }, "levels": { "trend_reference": 32.422574, "fair_value_reference": 35.932274, "structural_low": 26.75, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.002484, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.020734, "regime_survival": 0.769231, "best_return": 0.246269, "worst_return": -0.096509, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.022844, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.038714, "regime_survival": 0.5, "best_return": 0.488491, "worst_return": -0.114064, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.07975, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": -0.063864, "regime_survival": 0.166667, "best_return": 0.892583, "worst_return": -0.211573, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.176836, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.230561, "regime_survival": 0.0, "best_return": 0.479312, "worst_return": -0.139401, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": -0.118337, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-04-04", "tenure": "Established", "return": -0.089196, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-08-22", "tenure": "Established", "return": -0.071132, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.088323, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.021703, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": -0.088919, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.056488, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.045858, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.059968, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-04-03", "tenure": "Developing", "return": -0.212792, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": -0.078797, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.015244, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.144005, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.039792, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 43.492012, "volume": 1718000, "typical_volume": 3894900.0, "trend": 46.130463, "fair_value": 40.263067, "relative_strength": -16.840583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.957136, "energy": 43.299671, "activity_lines": [ 44.280395, 44.56496, 45.060963, 45.572836 ] }, { "date": "2023-08-18", "close": 42.067505, "volume": 2361000, "typical_volume": 3924800.0, "trend": 46.044924, "fair_value": 40.442839, "relative_strength": -17.95414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.824778, "energy": 64.350114, "activity_lines": [ 43.487143, 44.068511, 44.720864, 45.310709 ] }, { "date": "2023-08-25", "close": 41.933956, "volume": 858000, "typical_volume": 3914800.0, "trend": 45.932044, "fair_value": 40.614761, "relative_strength": -18.21321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.581004, "energy": 76.54186, "activity_lines": [ 42.797565, 43.611605, 44.388032, 45.045486 ] }, { "date": "2023-09-01", "close": 45.762321, "volume": 4928000, "typical_volume": 2995600.0, "trend": 45.840914, "fair_value": 40.806988, "relative_strength": -11.036586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.417453, "energy": 39.018709, "activity_lines": [ 43.586979, 43.909214, 44.445332, 45.034536 ] }, { "date": "2023-09-08", "close": 44.78297, "volume": 6926000, "typical_volume": 3002950.0, "trend": 45.774361, "fair_value": 40.993996, "relative_strength": -11.891631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.188124, "energy": 25.520389, "activity_lines": [ 44.026202, 44.016043, 44.429736, 44.966281 ] }, { "date": "2023-09-15", "close": 45.67329, "volume": 2121000, "typical_volume": 2914400.0, "trend": 45.623041, "fair_value": 41.1838, "relative_strength": -11.397947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.618002, "energy": 13.309732, "activity_lines": [ 44.714714, 44.291397, 44.508032, 44.959761 ] }, { "date": "2023-09-22", "close": 44.693943, "volume": 2649000, "typical_volume": 2936450.0, "trend": 45.513465, "fair_value": 41.361237, "relative_strength": -9.739239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.033646, "energy": 19.244374, "activity_lines": [ 44.931359, 44.372908, 44.497916, 44.899819 ] }, { "date": "2023-09-29", "close": 44.115234, "volume": 785000, "typical_volume": 2841100.0, "trend": 45.393182, "fair_value": 41.546082, "relative_strength": -10.40765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.695522, "energy": 15.926192, "activity_lines": [ 44.780005, 44.341861, 44.441798, 44.80961 ] }, { "date": "2023-10-06", "close": 44.515877, "volume": 897000, "typical_volume": 2697150.0, "trend": 45.309144, "fair_value": 41.727143, "relative_strength": -10.008748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.122238, "energy": 12.675277, "activity_lines": [ 44.61678, 44.399327, 44.430802, 44.75301 ] }, { "date": "2023-10-13", "close": 47.008762, "volume": 3777000, "typical_volume": 2781900.0, "trend": 45.345396, "fair_value": 41.934243, "relative_strength": -5.877797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.285211, "energy": 14.244917, "activity_lines": [ 45.367613, 44.926232, 44.657785, 44.862663 ] }, { "date": "2023-10-20", "close": 46.296513, "volume": 4469000, "typical_volume": 2868650.0, "trend": 45.320711, "fair_value": 42.134924, "relative_strength": -4.83243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.753205, "energy": 20.787119, "activity_lines": [ 45.732644, 45.270218, 44.80685, 44.924025 ] }, { "date": "2023-10-27", "close": 46.741673, "volume": 5712000, "typical_volume": 3032350.0, "trend": 45.336616, "fair_value": 42.337135, "relative_strength": -1.720915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.43883, "energy": 30.88296, "activity_lines": [ 46.204513, 45.644152, 44.997342, 45.0157 ] }, { "date": "2023-11-03", "close": 47.810051, "volume": 3846000, "typical_volume": 3050450.0, "trend": 45.3538, "fair_value": 42.546459, "relative_strength": -1.342342, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.389314, "energy": 49.102509, "activity_lines": [ 46.895992, 46.127352, 45.284043, 45.175277 ] }, { "date": "2023-11-10", "close": 46.118446, "volume": 3762000, "typical_volume": 3184050.0, "trend": 45.22304, "fair_value": 42.737528, "relative_strength": -5.199435, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.828942, "energy": 46.380637, "activity_lines": [ 46.777283, 46.196148, 45.396965, 45.224609 ] }, { "date": "2023-11-17", "close": 46.118446, "volume": 1774000, "typical_volume": 3186950.0, "trend": 45.203865, "fair_value": 42.938391, "relative_strength": -7.629558, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.171799, "energy": 36.818652, "activity_lines": [ 46.551735, 46.25847, 45.50486, 45.282377 ] }, { "date": "2023-11-24", "close": 48.878437, "volume": 10947000, "typical_volume": 3576350.0, "trend": 45.276689, "fair_value": 43.155094, "relative_strength": -2.20764, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.875008, "energy": 46.215878, "activity_lines": [ 47.305539, 46.798327, 45.870994, 45.519446 ] }, { "date": "2023-12-01", "close": 49.412624, "volume": 7022000, "typical_volume": 3785500.0, "trend": 45.370181, "fair_value": 43.374691, "relative_strength": -1.64065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.022827, "energy": 52.838718, "activity_lines": [ 48.065277, 47.377034, 46.268607, 45.78628 ] }, { "date": "2023-12-08", "close": 49.056496, "volume": 13555000, "typical_volume": 4286500.0, "trend": 45.486135, "fair_value": 43.589888, "relative_strength": -1.657213, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.717191, "energy": 59.382751, "activity_lines": [ 48.528242, 47.805196, 46.607911, 46.024107 ] }, { "date": "2023-12-15", "close": 48.166176, "volume": 3277000, "typical_volume": 4193800.0, "trend": 45.603885, "fair_value": 43.79726, "relative_strength": -4.592444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.840246, "energy": 60.01544, "activity_lines": [ 48.611337, 47.98164, 46.842997, 46.197013 ] }, { "date": "2023-12-22", "close": 46.741673, "volume": 2364000, "typical_volume": 4187400.0, "trend": 45.665567, "fair_value": 43.992853, "relative_strength": -6.582679, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.154167, "energy": 41.866489, "activity_lines": [ 48.083083, 47.832715, 46.929273, 46.270419 ] }, { "date": "2023-12-29", "close": 46.919739, "volume": 1753000, "typical_volume": 4189150.0, "trend": 45.69313, "fair_value": 44.192764, "relative_strength": -7.576274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.668897, "energy": 22.867889, "activity_lines": [ 47.572635, 47.721021, 47.019789, 46.351333 ] }, { "date": "2024-01-05", "close": 45.940384, "volume": 1543000, "typical_volume": 4148250.0, "trend": 45.705214, "fair_value": 44.388515, "relative_strength": -7.010511, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.423596, "energy": 17.008258, "activity_lines": [ 46.866316, 47.419931, 47.000711, 46.367285 ] }, { "date": "2024-01-12", "close": 42.957821, "volume": 2946000, "typical_volume": 4252650.0, "trend": 45.632185, "fair_value": 44.564353, "relative_strength": -12.548879, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.542133, "energy": 29.372221, "activity_lines": [ 45.397292, 46.591127, 46.679137, 46.190034 ] }, { "date": "2024-01-19", "close": 43.180401, "volume": 1147001, "typical_volume": 4063600.05, "trend": 45.569436, "fair_value": 44.734471, "relative_strength": -12.593569, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.981825, "energy": 39.504919, "activity_lines": [ 44.409039, 45.891013, 46.373885, 46.031854 ] }, { "date": "2024-01-26", "close": 43.313953, "volume": 964000, "typical_volume": 3765500.05, "trend": 45.508278, "fair_value": 44.88612, "relative_strength": -13.476784, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.270758, "energy": 55.693393, "activity_lines": [ 43.797689, 45.268601, 46.093648, 45.886339 ] }, { "date": "2024-02-02", "close": 42.957821, "volume": 978000, "typical_volume": 3708350.05, "trend": 45.446694, "fair_value": 45.044222, "relative_strength": -14.063146, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.013637, "energy": 61.38741, "activity_lines": [ 43.296143, 44.632429, 45.786488, 45.721794 ] }, { "date": "2024-02-09", "close": 41.844925, "volume": 632000, "typical_volume": 3607500.05, "trend": 45.36518, "fair_value": 45.188308, "relative_strength": -16.05489, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.314693, "energy": 69.506674, "activity_lines": [ 42.687759, 43.901559, 45.386269, 45.489421 ] }, { "date": "2024-02-16", "close": 43.714588, "volume": 682000, "typical_volume": 3602350.05, "trend": 45.323098, "fair_value": 45.346761, "relative_strength": -14.17743, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.994461, "energy": 53.776616, "activity_lines": [ 42.975627, 43.648222, 45.17768, 45.382932 ] }, { "date": "2024-02-23", "close": 44.515877, "volume": 2573000, "typical_volume": 3686150.05, "trend": 45.293421, "fair_value": 45.506115, "relative_strength": -13.460023, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.573848, "energy": 34.37329, "activity_lines": [ 43.48014, 43.6377, 45.047312, 45.330853 ] }, { "date": "2024-03-01", "close": 44.159748, "volume": 1165000, "typical_volume": 3555550.05, "trend": 45.296389, "fair_value": 45.638303, "relative_strength": -13.923251, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -46.028008, "energy": 33.090612, "activity_lines": [ 43.776912, 43.628797, 44.883027, 45.257713 ] }, { "date": "2024-03-08", "close": 42.468151, "volume": 2253000, "typical_volume": 3444750.05, "trend": 45.26226, "fair_value": 45.75647, "relative_strength": -20.27455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.954351, "energy": 33.80432, "activity_lines": [ 43.453432, 43.359274, 44.571204, 45.075246 ] }, { "date": "2024-03-15", "close": 42.022987, "volume": 1551000, "typical_volume": 3236700.05, "trend": 45.260776, "fair_value": 45.865431, "relative_strength": -20.221386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.377911, "energy": 42.988826, "activity_lines": [ 43.014208, 43.08975, 44.235215, 44.86626 ] }, { "date": "2024-03-22", "close": 44.159748, "volume": 5165000, "typical_volume": 3302650.05, "trend": 45.334969, "fair_value": 45.965324, "relative_strength": -17.97206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.983695, "energy": 33.397601, "activity_lines": [ 43.275368, 43.279954, 44.125197, 44.795226 ] }, { "date": "2024-03-29", "close": 43.581043, "volume": 1502000, "typical_volume": 3189650.05, "trend": 45.26226, "fair_value": 46.011741, "relative_strength": -18.859997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.200713, "energy": 33.008477, "activity_lines": [ 43.313948, 43.343086, 43.977447, 44.68207 ] }, { "date": "2024-04-05", "close": 43.358463, "volume": 934000, "typical_volume": 3147650.05, "trend": 45.214776, "fair_value": 46.040319, "relative_strength": -18.942394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.789281, "energy": 28.524208, "activity_lines": [ 43.340657, 43.358464, 43.820581, 44.559244 ] }, { "date": "2024-04-12", "close": 41.978474, "volume": 2110000, "typical_volume": 2705800.05, "trend": 45.091616, "fair_value": 46.062433, "relative_strength": -22.39834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.482315, "energy": 34.47427, "activity_lines": [ 42.960789, 43.122125, 43.545431, 44.35045 ] }, { "date": "2024-04-19", "close": 39.173973, "volume": 2548000, "typical_volume": 2482100.05, "trend": 44.907617, "fair_value": 46.022362, "relative_strength": -22.534102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.510493, "energy": 67.821557, "activity_lines": [ 41.678732, 42.393684, 43.036042, 43.968667 ] }, { "date": "2024-04-26", "close": 37.749462, "volume": 3618000, "typical_volume": 1985250.05, "trend": 44.695424, "fair_value": 45.98216, "relative_strength": -26.944429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.716791, "energy": 84.819974, "activity_lines": [ 40.111773, 41.454803, 42.439741, 43.506851 ] }, { "date": "2024-05-03", "close": 39.173973, "volume": 2429000, "typical_volume": 1942850.05, "trend": 44.517361, "fair_value": 45.959031, "relative_strength": -24.372066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.72657, "energy": 80.988771, "activity_lines": [ 39.447003, 40.883382, 42.032951, 43.150628 ] }, { "date": "2024-05-10", "close": 38.061077, "volume": 1455000, "typical_volume": 1897400.05, "trend": 44.219105, "fair_value": 45.956827, "relative_strength": -27.258527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.560578, "energy": 84.452668, "activity_lines": [ 38.705072, 40.206741, 41.562991, 42.734093 ] }, { "date": "2024-05-17", "close": 37.660435, "volume": 1429000, "typical_volume": 1881200.05, "trend": 43.931235, "fair_value": 45.949144, "relative_strength": -29.353946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.845568, "energy": 84.11275, "activity_lines": [ 38.182753, 39.568141, 41.09621, 42.310953 ] }, { "date": "2024-05-24", "close": 37.704945, "volume": 1121000, "typical_volume": 1860100.05, "trend": 43.630011, "fair_value": 45.993365, "relative_strength": -29.753589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.223376, "energy": 71.696808, "activity_lines": [ 37.96314, 39.025046, 40.677761, 41.909257 ] }, { "date": "2024-05-31", "close": 38.906879, "volume": 2144000, "typical_volume": 1820000.05, "trend": 43.333239, "fair_value": 46.043173, "relative_strength": -25.646039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.187615, "energy": 54.795316, "activity_lines": [ 38.242107, 38.778995, 40.412997, 41.604539 ] }, { "date": "2024-06-07", "close": 37.79398, "volume": 1100000, "typical_volume": 1817650.0, "trend": 43.055757, "fair_value": 46.070759, "relative_strength": -29.501381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.511522, "energy": 53.282446, "activity_lines": [ 38.072947, 38.426106, 40.061534, 41.247168 ] }, { "date": "2024-06-14", "close": 38.862362, "volume": 1190000, "typical_volume": 1828950.0, "trend": 42.813887, "fair_value": 46.090634, "relative_strength": -29.098688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.267113, "energy": 44.343083, "activity_lines": [ 38.351913, 38.372687, 39.837471, 40.976626 ] }, { "date": "2024-06-21", "close": 38.328171, "volume": 1096000, "typical_volume": 1834850.0, "trend": 42.462212, "fair_value": 46.108672, "relative_strength": -31.801632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.126231, "energy": 39.246033, "activity_lines": [ 38.399396, 38.30389, 39.58373, 40.687225 ] }, { "date": "2024-06-28", "close": 38.951393, "volume": 1075000, "typical_volume": 1857000.0, "trend": 42.113504, "fair_value": 46.134677, "relative_strength": -29.478549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.842561, "energy": 34.800662, "activity_lines": [ 38.610105, 38.414775, 39.41139, 40.46072 ] }, { "date": "2024-07-05", "close": 39.263004, "volume": 1358000, "typical_volume": 1890800.0, "trend": 41.787054, "fair_value": 46.147061, "relative_strength": -29.922343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.299583, "energy": 25.91393, "activity_lines": [ 38.841587, 38.586363, 39.282506, 40.276817 ] }, { "date": "2024-07-12", "close": 39.33445, "volume": 1805000, "typical_volume": 1852400.0, "trend": 41.492663, "fair_value": 46.114901, "relative_strength": -30.33552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.590469, "energy": 22.085334, "activity_lines": [ 39.073143, 38.743423, 39.181625, 40.118585 ] }, { "date": "2024-07-19", "close": 37.987701, "volume": 1177000, "typical_volume": 1853000.0, "trend": 41.200864, "fair_value": 46.083109, "relative_strength": -29.072439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.402802, "energy": 26.92197, "activity_lines": [ 38.753085, 38.652701, 38.977155, 39.892458 ] }, { "date": "2024-07-26", "close": 35.851471, "volume": 1027000, "typical_volume": 1791700.0, "trend": 40.831922, "fair_value": 46.034976, "relative_strength": -30.215346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.636182, "energy": 48.452233, "activity_lines": [ 37.779261, 38.174908, 38.598625, 39.547336 ] }, { "date": "2024-08-02", "close": 35.433517, "volume": 1541000, "typical_volume": 1791200.0, "trend": 40.481693, "fair_value": 45.979398, "relative_strength": -28.919207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.843025, "energy": 75.317445, "activity_lines": [ 36.831232, 37.654014, 38.211798, 39.199052 ] }, { "date": "2024-08-09", "close": 32.554253, "volume": 2158000, "typical_volume": 1640850.0, "trend": 40.134908, "fair_value": 45.922835, "relative_strength": -33.568858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.306873, "energy": 90.136833, "activity_lines": [ 35.157973, 36.650916, 37.582134, 38.687604 ] }, { "date": "2024-08-16", "close": 33.901001, "volume": 745000, "typical_volume": 1603000.0, "trend": 39.825594, "fair_value": 45.862729, "relative_strength": -32.951811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.034232, "energy": 86.867355, "activity_lines": [ 34.380881, 36.008183, 37.135996, 38.285417 ] }, { "date": "2024-08-23", "close": 33.854568, "volume": 504000, "typical_volume": 1581500.0, "trend": 39.510281, "fair_value": 45.829383, "relative_strength": -31.877066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.667779, "energy": 85.794372, "activity_lines": [ 33.950541, 35.42779, 36.731531, 37.900189 ] }, { "date": "2024-08-30", "close": 34.87624, "volume": 595000, "typical_volume": 1505750.0, "trend": 39.240895, "fair_value": 45.817663, "relative_strength": -29.452349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.596646, "energy": 78.006887, "activity_lines": [ 34.1363, 35.124206, 36.469625, 37.601219 ] }, { "date": "2024-09-06", "close": 33.483044, "volume": 494000, "typical_volume": 1403050.0, "trend": 38.962166, "fair_value": 45.793781, "relative_strength": -28.937255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.266673, "energy": 61.162943, "activity_lines": [ 33.922676, 34.630075, 36.108854, 37.229744 ] }, { "date": "2024-09-13", "close": 35.387074, "volume": 2358000, "typical_volume": 1340050.0, "trend": 38.684582, "fair_value": 45.789643, "relative_strength": -25.315061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.048318, "energy": 46.40534, "activity_lines": [ 34.47376, 34.581557, 35.956518, 36.999093 ] }, { "date": "2024-09-20", "close": 36.037231, "volume": 777000, "typical_volume": 1257450.0, "trend": 38.401961, "fair_value": 45.783211, "relative_strength": -24.576819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.448237, "energy": 31.188136, "activity_lines": [ 35.052709, 34.72172, 35.877352, 36.828296 ] }, { "date": "2024-09-27", "close": 36.130112, "volume": 927000, "typical_volume": 1231050.0, "trend": 38.134306, "fair_value": 45.783835, "relative_strength": -25.843217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.874823, "energy": 23.273, "activity_lines": [ 35.520202, 34.938721, 35.821968, 36.681726 ] }, { "date": "2024-10-04", "close": 35.944351, "volume": 401000, "typical_volume": 1179650.0, "trend": 37.916846, "fair_value": 45.785961, "relative_strength": -23.760374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.942717, "energy": 23.0353, "activity_lines": [ 35.774073, 35.155721, 35.758088, 36.540438 ] }, { "date": "2024-10-11", "close": 38.452099, "volume": 9537000, "typical_volume": 1600450.0, "trend": 37.797816, "fair_value": 45.828929, "relative_strength": -19.755185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.772242, "energy": 15.755458, "activity_lines": [ 36.792651, 35.826986, 35.941213, 36.574971 ] }, { "date": "2024-10-18", "close": 38.9165, "volume": 1675000, "typical_volume": 1577000.0, "trend": 37.623042, "fair_value": 45.867874, "relative_strength": -19.958354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.455892, "energy": 29.055818, "activity_lines": [ 37.63476, 36.527805, 36.165009, 36.647144 ] }, { "date": "2024-10-25", "close": 43.560471, "volume": 7151000, "typical_volume": 1879550.0, "trend": 37.622356, "fair_value": 45.937128, "relative_strength": -9.002335, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.463539, "energy": 60.945754, "activity_lines": [ 39.789564, 37.957305, 36.831042, 37.030204 ] }, { "date": "2024-11-01", "close": 36.87315, "volume": 11425000, "typical_volume": 2391300.0, "trend": 37.406179, "fair_value": 45.949784, "relative_strength": -20.092697, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.126829, "energy": 35.404081, "activity_lines": [ 39.213712, 37.995301, 36.832727, 36.981868 ] }, { "date": "2024-11-08", "close": 37.709061, "volume": 2408000, "typical_volume": 2456900.0, "trend": 37.263865, "fair_value": 45.922571, "relative_strength": -20.083168, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.766826, "energy": 39.116286, "activity_lines": [ 38.866961, 38.130398, 36.923496, 37.001409 ] }, { "date": "2024-11-15", "close": 38.034142, "volume": 3517000, "typical_volume": 2579000.0, "trend": 37.225871, "fair_value": 45.915211, "relative_strength": -15.704105, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.758466, "energy": 20.786486, "activity_lines": [ 38.510923, 38.273095, 37.048173, 37.051104 ] }, { "date": "2024-11-22", "close": 38.405655, "volume": 1856874, "typical_volume": 2603943.7, "trend": 37.247744, "fair_value": 45.911847, "relative_strength": -14.527789, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.202363, "energy": 9.004193, "activity_lines": [ 38.306586, 38.400593, 37.2126, 37.127219 ] }, { "date": "2024-11-29", "close": 36.966026, "volume": 1398000, "typical_volume": 2583593.7, "trend": 37.174145, "fair_value": 45.850528, "relative_strength": -14.375292, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.640388, "energy": 6.585316, "activity_lines": [ 37.65643, 38.211456, 37.244002, 37.109044 ] }, { "date": "2024-12-06", "close": 37.244663, "volume": 866000, "typical_volume": 2568043.7, "trend": 37.146932, "fair_value": 45.742, "relative_strength": -16.181164, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.40463, "energy": 5.973894, "activity_lines": [ 37.538782, 38.056094, 37.313219, 37.113593 ] }, { "date": "2024-12-13", "close": 36.966026, "volume": 1874000, "typical_volume": 2610393.7, "trend": 37.123785, "fair_value": 45.603689, "relative_strength": -15.231249, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.978752, "energy": 6.129945, "activity_lines": [ 37.303487, 37.829805, 37.359437, 37.101922 ] }, { "date": "2024-12-20", "close": 36.408752, "volume": 1333000, "typical_volume": 2599993.7, "trend": 37.080578, "fair_value": 45.47365, "relative_strength": -13.706638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.532349, "energy": 10.540285, "activity_lines": [ 36.931971, 37.483618, 37.347275, 37.055791 ] }, { "date": "2024-12-27", "close": 37.337543, "volume": 2174000, "typical_volume": 2600793.7, "trend": 37.028267, "fair_value": 45.373255, "relative_strength": -13.517, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.771623, "energy": 6.274765, "activity_lines": [ 36.97841, 37.343455, 37.418925, 37.072369 ] }, { "date": "2025-01-03", "close": 37.151783, "volume": 880000, "typical_volume": 2607543.7, "trend": 37.00686, "fair_value": 45.229673, "relative_strength": -11.650771, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.71504, "energy": 8.247132, "activity_lines": [ 37.034137, 37.198224, 37.450105, 37.080338 ] }, { "date": "2025-01-10", "close": 37.755501, "volume": 1716000, "typical_volume": 2668143.7, "trend": 36.969965, "fair_value": 45.131957, "relative_strength": -9.852047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.848269, "energy": 8.486269, "activity_lines": [ 37.27872, 37.279283, 37.523303, 37.128637 ] }, { "date": "2025-01-17", "close": 36.640949, "volume": 960000, "typical_volume": 2686393.7, "trend": 36.913724, "fair_value": 45.053479, "relative_strength": -12.231234, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.437025, "energy": 4.824019, "activity_lines": [ 37.117729, 37.141653, 37.471777, 37.10741 ] }, { "date": "2025-01-24", "close": 36.919586, "volume": 424000, "typical_volume": 2682893.7, "trend": 36.845997, "fair_value": 44.988633, "relative_strength": -12.198003, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.345191, "energy": 6.005489, "activity_lines": [ 37.071289, 37.074104, 37.438385, 37.107789 ] }, { "date": "2025-02-07", "close": 37.337543, "volume": 704234, "typical_volume": 2600205.4, "trend": 36.781815, "fair_value": 44.93508, "relative_strength": -10.264617, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.246822, "energy": 11.304294, "activity_lines": [ 37.130113, 37.102812, 37.428433, 37.139501 ] }, { "date": "2025-02-14", "close": 37.291107, "volume": 924213, "typical_volume": 2607566.05, "trend": 36.713704, "fair_value": 44.885536, "relative_strength": -8.418243, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.834923, "energy": 10.801221, "activity_lines": [ 37.173458, 37.142497, 37.404771, 37.172359 ] }, { "date": "2025-02-21", "close": 39.520214, "volume": 3532901, "typical_volume": 2737861.1, "trend": 36.764788, "fair_value": 44.836283, "relative_strength": -4.592898, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.682277, "energy": 32.06923, "activity_lines": [ 37.95055, 37.581564, 37.587434, 37.353424 ] }, { "date": "2025-02-28", "close": 38.544975, "volume": 952247, "typical_volume": 2765423.45, "trend": 36.854571, "fair_value": 44.785086, "relative_strength": -3.486291, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.631097, "energy": 39.563434, "activity_lines": [ 38.284915, 37.801942, 37.661074, 37.468275 ] }, { "date": "2025-03-07", "close": 37.755501, "volume": 550279, "typical_volume": 2316087.4, "trend": 36.931971, "fair_value": 44.729905, "relative_strength": -2.753044, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.063884, "energy": 37.400894, "activity_lines": [ 38.229187, 37.85007, 37.647142, 37.526399 ] }, { "date": "2025-03-14", "close": 36.548065, "volume": 884041, "typical_volume": 2276539.45, "trend": 37.065098, "fair_value": 44.656754, "relative_strength": -2.732477, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.310786, "energy": 17.401343, "activity_lines": [ 37.715253, 37.654178, 37.521533, 37.501631 ] }, { "date": "2025-03-21", "close": 36.82671, "volume": 405013, "typical_volume": 1939240.1, "trend": 37.162621, "fair_value": 44.601542, "relative_strength": -2.532083, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.103456, "energy": 7.087983, "activity_lines": [ 37.346832, 37.523303, 37.433741, 37.486251 ] }, { "date": "2025-03-28", "close": 34.318962, "volume": 1140014, "typical_volume": 1424990.8, "trend": 37.178101, "fair_value": 44.524332, "relative_strength": -5.988714, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.327552, "energy": 42.922341, "activity_lines": [ 36.173455, 36.942384, 37.13918, 37.302789 ] }, { "date": "2025-04-04", "close": 33.668804, "volume": 616054, "typical_volume": 1335393.5, "trend": 37.137853, "fair_value": 44.421417, "relative_strength": -5.843227, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.914986, "energy": 74.431091, "activity_lines": [ 35.130109, 36.305738, 36.794862, 37.076383 ] }, { "date": "2025-04-11", "close": 27.538761, "volume": 1845201, "typical_volume": 1251803.55, "trend": 36.939711, "fair_value": 44.260363, "relative_strength": -15.308059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.972572, "energy": 90.621593, "activity_lines": [ 32.368493, 34.608576, 35.885971, 36.457087 ] }, { "date": "2025-04-18", "close": 28.096037, "volume": 1213211, "typical_volume": 1219620.4, "trend": 36.696676, "fair_value": 44.082422, "relative_strength": -12.416001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.436441, "energy": 95.359662, "activity_lines": [ 30.473752, 33.183299, 35.080131, 35.886527 ] }, { "date": "2025-04-25", "close": 28.421116, "volume": 1008352, "typical_volume": 1200138.0, "trend": 36.442805, "fair_value": 43.866184, "relative_strength": -12.949371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.017794, "energy": 91.692468, "activity_lines": [ 29.250839, 31.985154, 34.354344, 35.35262 ] }, { "date": "2025-05-02", "close": 28.978394, "volume": 980043, "typical_volume": 1205840.15, "trend": 36.204415, "fair_value": 43.688514, "relative_strength": -14.667313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.172003, "energy": 88.207005, "activity_lines": [ 28.774058, 31.049605, 33.722322, 34.871045 ] }, { "date": "2025-05-09", "close": 27.863838, "volume": 2532324, "typical_volume": 1238756.35, "trend": 35.935064, "fair_value": 43.531159, "relative_strength": -17.874262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.740017, "energy": 86.741299, "activity_lines": [ 28.281797, 30.103078, 33.023514, 34.332943 ] }, { "date": "2025-05-16", "close": 27.8174, "volume": 1639040, "typical_volume": 1254058.35, "trend": 35.580575, "fair_value": 43.377814, "relative_strength": -20.967935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.23439, "energy": 66.426509, "activity_lines": [ 28.161054, 29.342311, 32.363628, 33.809223 ] }, { "date": "2025-05-23", "close": 27.167242, "volume": 663176, "typical_volume": 1178517.15, "trend": 35.188933, "fair_value": 43.262836, "relative_strength": -21.649339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.785929, "energy": 67.475847, "activity_lines": [ 27.805015, 28.644026, 31.682733, 33.266427 ] }, { "date": "2025-05-30", "close": 26.470646, "volume": 557001, "typical_volume": 1162367.2, "trend": 34.619272, "fair_value": 43.113241, "relative_strength": -22.092163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.597935, "energy": 68.102497, "activity_lines": [ 27.278698, 27.989648, 30.983925, 32.703957 ] }, { "date": "2025-06-06", "close": 26.284887, "volume": 837078, "typical_volume": 1118421.1, "trend": 34.26633, "fair_value": 42.928535, "relative_strength": -23.178878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.351932, "energy": 66.377644, "activity_lines": [ 26.820492, 27.489788, 30.318289, 32.166255 ] }, { "date": "2025-06-13", "close": 25.123894, "volume": 920774, "typical_volume": 1116459.8, "trend": 33.846824, "fair_value": 42.745541, "relative_strength": -27.421518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.159217, "energy": 77.609561, "activity_lines": [ 26.154856, 26.924912, 29.596704, 31.576421 ] }, { "date": "2025-06-20", "close": 24.148661, "volume": 912201, "typical_volume": 1140869.85, "trend": 33.383975, "fair_value": 42.530989, "relative_strength": -29.607623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.514894, "energy": 71.28937, "activity_lines": [ 25.346805, 26.338082, 28.837083, 30.950733 ] }, { "date": "2025-06-27", "close": 26.00625, "volume": 1675598, "typical_volume": 1189438.05, "trend": 32.970661, "fair_value": 42.343421, "relative_strength": -25.529762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.005866, "energy": 63.12206, "activity_lines": [ 25.402533, 26.150635, 28.315189, 30.47475 ] }, { "date": "2025-07-04", "close": 25.541851, "volume": 2385505, "typical_volume": 1262502.65, "trend": 32.589855, "fair_value": 42.191102, "relative_strength": -26.241806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.085366, "energy": 60.257572, "activity_lines": [ 25.380861, 25.916747, 27.803025, 29.995472 ] }, { "date": "2025-07-11", "close": 24.798819, "volume": 1235033, "typical_volume": 1147609.25, "trend": 32.174994, "fair_value": 42.059327, "relative_strength": -28.511868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.425313, "energy": 68.355374, "activity_lines": [ 25.173431, 25.600113, 27.276045, 29.492825 ] }, { "date": "2025-07-18", "close": 25.3358, "volume": 734745, "typical_volume": 1136734.15, "trend": 31.78732, "fair_value": 41.890074, "relative_strength": -28.431742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.065751, "energy": 59.493937, "activity_lines": [ 25.244066, 25.457104, 26.870307, 29.051586 ] }, { "date": "2025-07-25", "close": 25.628698, "volume": 795538, "typical_volume": 1148997.1, "trend": 31.427985, "fair_value": 41.705469, "relative_strength": -27.023298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.954631, "energy": 55.691944, "activity_lines": [ 25.398207, 25.413314, 26.555366, 28.654256 ] }, { "date": "2025-08-01", "close": 26.16568, "volume": 830886, "typical_volume": 1146339.35, "trend": 31.055589, "fair_value": 41.525922, "relative_strength": -25.234446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.406454, "energy": 45.800478, "activity_lines": [ 25.632672, 25.506951, 26.349313, 28.314753 ] }, { "date": "2025-08-08", "close": 26.116863, "volume": 1112590, "typical_volume": 1181718.2, "trend": 30.687758, "fair_value": 41.347677, "relative_strength": -26.677576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.714585, "energy": 39.84203, "activity_lines": [ 25.840237, 25.609923, 26.18805, 27.996125 ] }, { "date": "2025-08-15", "close": 26.849112, "volume": 1505609, "typical_volume": 1199997.95, "trend": 30.324212, "fair_value": 41.19997, "relative_strength": -25.191342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.341464, "energy": 28.862923, "activity_lines": [ 26.25355, 25.852463, 26.147524, 27.74847 ] }, { "date": "2025-08-22", "close": 25.579882, "volume": 1099032, "typical_volume": 1224146.85, "trend": 29.95551, "fair_value": 41.008503, "relative_strength": -26.596647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.493424, "energy": 27.559604, "activity_lines": [ 26.1071, 25.853976, 26.02169, 27.442385 ] }, { "date": "2025-08-29", "close": 32.60947, "volume": 8491594, "typical_volume": 1556466.5, "trend": 29.811839, "fair_value": 40.868149, "relative_strength": -8.01452, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 22.430583, "energy": 29.247395, "activity_lines": [ 28.287575, 27.125305, 26.60386, 27.613608 ] }, { "date": "2025-09-05", "close": 29.680473, "volume": 7463471, "typical_volume": 1868979.5, "trend": 29.556604, "fair_value": 40.684811, "relative_strength": -16.782662, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 7.063925, "energy": 28.08854, "activity_lines": [ 29.026332, 27.710256, 26.882931, 27.605133 ] }, { "date": "2025-09-12", "close": 28.31361, "volume": 1954911, "typical_volume": 1916307.45, "trend": 29.257354, "fair_value": 40.494361, "relative_strength": -23.212143, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -0.041814, "energy": 24.552221, "activity_lines": [ 29.075149, 27.979882, 27.024279, 27.524939 ] }, { "date": "2025-09-19", "close": 29.72929, "volume": 2388430, "typical_volume": 1986726.8, "trend": 28.93099, "fair_value": 40.336095, "relative_strength": -19.201627, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 24.590351, "energy": 35.906881, "activity_lines": [ 29.449409, 28.456509, 27.300967, 27.555387 ] }, { "date": "2025-09-26", "close": 29.241125, "volume": 2804239, "typical_volume": 2000322.55, "trend": 28.620861, "fair_value": 40.186254, "relative_strength": -20.017803, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.559642, "energy": 26.508565, "activity_lines": [ 29.468935, 28.754734, 27.527586, 27.575396 ] }, { "date": "2025-10-03", "close": 28.850592, "volume": 1064012, "typical_volume": 1971571.15, "trend": 28.324031, "fair_value": 40.039412, "relative_strength": -24.05176, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.903794, "energy": 22.517123, "activity_lines": [ 29.114202, 28.910947, 27.710454, 27.590217 ] }, { "date": "2025-10-10", "close": 29.485209, "volume": 1348027, "typical_volume": 2005813.7, "trend": 28.088603, "fair_value": 39.921949, "relative_strength": -23.366805, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.276845, "energy": 24.646238, "activity_lines": [ 29.221599, 29.123965, 27.948841, 27.665132 ] }, { "date": "2025-10-17", "close": 28.655325, "volume": 1603864, "typical_volume": 2058156.85, "trend": 27.816223, "fair_value": 39.776056, "relative_strength": -24.879685, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.193828, "energy": 14.547251, "activity_lines": [ 29.065385, 29.12574, 28.097154, 27.701694 ] }, { "date": "2025-10-24", "close": 29.87574, "volume": 1348200, "typical_volume": 2083712.95, "trend": 27.668116, "fair_value": 39.656144, "relative_strength": -21.718204, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 47.845254, "energy": 27.371884, "activity_lines": [ 29.293196, 29.303255, 28.351294, 27.834566 ] }, { "date": "2025-10-31", "close": 35.68491, "volume": 5598441, "typical_volume": 2317596.3, "trend": 27.735319, "fair_value": 39.59878, "relative_strength": -8.051015, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.449251, "energy": 70.693701, "activity_lines": [ 31.447633, 30.481953, 29.141588, 28.351779 ] }, { "date": "2025-11-07", "close": 33.390533, "volume": 14114818, "typical_volume": 2977727.15, "trend": 27.930378, "fair_value": 39.523957, "relative_strength": -11.644045, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.977611, "energy": 69.12365, "activity_lines": [ 32.407692, 31.059763, 29.66308, 28.716632 ] }, { "date": "2025-11-14", "close": 33.927513, "volume": 3600240, "typical_volume": 3073959.25, "trend": 28.124761, "fair_value": 39.425616, "relative_strength": -8.926397, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.099201, "energy": 73.890321, "activity_lines": [ 33.244082, 31.721006, 30.191704, 29.103543 ] }, { "date": "2025-11-21", "close": 31.242603, "volume": 2311220, "typical_volume": 3070245.0, "trend": 28.21881, "fair_value": 39.316116, "relative_strength": -12.472688, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.891093, "energy": 65.212707, "activity_lines": [ 32.889348, 31.816864, 30.426902, 29.304695 ] }, { "date": "2025-11-28", "close": 32.56065, "volume": 2015003, "typical_volume": 3109243.5, "trend": 28.338219, "fair_value": 39.213415, "relative_strength": -12.090752, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.985479, "energy": 44.725328, "activity_lines": [ 32.801478, 32.099112, 30.760482, 29.584813 ] }, { "date": "2025-12-05", "close": 31.974852, "volume": 1210010, "typical_volume": 3133006.75, "trend": 28.475253, "fair_value": 39.098705, "relative_strength": -14.128071, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.972604, "energy": 37.63975, "activity_lines": [ 32.339349, 32.223372, 31.00131, 29.819435 ] }, { "date": "2025-12-12", "close": 32.511833, "volume": 2703006, "typical_volume": 3228380.15, "trend": 28.631734, "fair_value": 38.979735, "relative_strength": -12.787539, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.266445, "energy": 28.678495, "activity_lines": [ 32.303549, 32.395561, 31.261665, 30.079859 ] }, { "date": "2025-12-19", "close": 31.974852, "volume": 976006, "typical_volume": 3235636.15, "trend": 28.791987, "fair_value": 38.863925, "relative_strength": -12.097304, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.10359, "energy": 27.447044, "activity_lines": [ 32.147337, 32.40355, 31.438102, 30.295544 ] }, { "date": "2025-12-26", "close": 32.365387, "volume": 882071, "typical_volume": 3224110.2, "trend": 28.988479, "fair_value": 38.761072, "relative_strength": -13.08629, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.110053, "energy": 25.780956, "activity_lines": [ 32.25148, 32.437278, 31.62407, 30.526086 ] }, { "date": "2026-01-02", "close": 32.60947, "volume": 1189427, "typical_volume": 3208301.1, "trend": 29.199298, "fair_value": 38.672439, "relative_strength": -14.175145, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.821804, "energy": 26.992603, "activity_lines": [ 32.362131, 32.447929, 31.803529, 30.759699 ] }, { "date": "2026-01-09", "close": 32.121304, "volume": 2207122, "typical_volume": 3263705.6, "trend": 29.432545, "fair_value": 38.58783, "relative_strength": -17.392483, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.962443, "energy": 22.73502, "activity_lines": [ 32.306807, 32.320119, 31.909066, 30.948215 ] }, { "date": "2026-01-16", "close": 33.781063, "volume": 2969013, "typical_volume": 2987576.55, "trend": 29.753625, "fair_value": 38.506157, "relative_strength": -15.505864, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.273991, "energy": 33.427433, "activity_lines": [ 32.794971, 32.558876, 32.141526, 31.228765 ] }, { "date": "2026-01-23", "close": 33.0, "volume": 1485161, "typical_volume": 2688661.05, "trend": 29.98675, "fair_value": 38.431582, "relative_strength": -18.206976, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.406151, "energy": 30.309289, "activity_lines": [ 32.938166, 32.648521, 32.29402, 31.438208 ] }, { "date": "2026-01-30", "close": 31.486687, "volume": 1589116, "typical_volume": 2670371.3, "trend": 30.184911, "fair_value": 38.342905, "relative_strength": -21.504317, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.091395, "energy": 24.555249, "activity_lines": [ 32.50858, 32.479882, 32.286581, 31.534978 ] }, { "date": "2026-02-06", "close": 30.119823, "volume": 1135149, "typical_volume": 2607707.25, "trend": 30.362278, "fair_value": 38.225107, "relative_strength": -23.492636, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.241248, "energy": 4.401956, "activity_lines": [ 31.681953, 32.058285, 32.133855, 31.530779 ] }, { "date": "2026-02-13", "close": 31.926037, "volume": 917314, "typical_volume": 2513361.0, "trend": 30.581953, "fair_value": 38.129893, "relative_strength": -22.508511, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.977147, "energy": 12.451155, "activity_lines": [ 31.623373, 32.009468, 32.151289, 31.631667 ] }, { "date": "2026-02-27", "close": 39.68787, "volume": 10510554, "typical_volume": 2985688.1, "trend": 31.050592, "fair_value": 38.062424, "relative_strength": -7.801094, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.645811, "energy": 52.784814, "activity_lines": [ 34.165089, 33.372782, 32.895161, 32.219145 ] }, { "date": "2026-03-06", "close": 36.173077, "volume": 6282366, "typical_volume": 3232405.05, "trend": 31.384172, "fair_value": 37.986731, "relative_strength": -10.584746, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.26826, "energy": 62.584141, "activity_lines": [ 35.141421, 33.966569, 33.252684, 32.549628 ] }, { "date": "2026-03-13", "close": 35.538464, "volume": 2380697, "typical_volume": 3271246.7, "trend": 31.698225, "fair_value": 37.908621, "relative_strength": -10.762381, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.871945, "energy": 65.64565, "activity_lines": [ 35.694676, 34.36864, 33.517921, 32.817647 ] }, { "date": "2026-03-20", "close": 34.56213, "volume": 2196202, "typical_volume": 3313646.8, "trend": 31.955326, "fair_value": 37.828653, "relative_strength": -12.693571, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.160391, "energy": 65.663045, "activity_lines": [ 35.652368, 34.535504, 33.657397, 33.002415 ] }, { "date": "2026-03-27", "close": 33.14645, "volume": 1380108, "typical_volume": 3102730.15, "trend": 32.207545, "fair_value": 37.746764, "relative_strength": -14.260969, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.101493, "energy": 31.608458, "activity_lines": [ 34.842012, 34.409468, 33.63973, 33.079262 ] }, { "date": "2026-04-03", "close": 31.242603, "volume": 1173260, "typical_volume": 2455652.25, "trend": 32.161983, "fair_value": 37.645517, "relative_strength": -16.98472, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.454364, "energy": 11.287101, "activity_lines": [ 33.315681, 33.918639, 33.452832, 33.017007 ] }, { "date": "2026-04-10", "close": 34.073967, "volume": 1058375, "typical_volume": 2328559.0, "trend": 32.308432, "fair_value": 37.567373, "relative_strength": -15.868688, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.936682, "energy": 18.181167, "activity_lines": [ 33.296155, 33.988758, 33.545816, 33.140361 ] }, { "date": "2026-04-17", "close": 35.97781, "volume": 3773149, "typical_volume": 2401655.45, "trend": 32.563906, "fair_value": 37.49483, "relative_strength": -13.88797, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.085391, "energy": 20.479877, "activity_lines": [ 34.051184, 34.385503, 33.819422, 33.377095 ] }, { "date": "2026-04-24", "close": 34.757393, "volume": 4255484, "typical_volume": 2513679.5, "trend": 32.731509, "fair_value": 37.396856, "relative_strength": -20.608671, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.7712, "energy": 15.884161, "activity_lines": [ 34.370117, 34.478698, 33.954248, 33.518611 ] }, { "date": "2026-05-01", "close": 32.463017, "volume": 3511333, "typical_volume": 2628745.65, "trend": 32.838905, "fair_value": 37.305634, "relative_strength": -25.074458, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.597041, "energy": 13.521554, "activity_lines": [ 33.911242, 34.070414, 33.860102, 33.501289 ] }, { "date": "2026-05-08", "close": 31.486687, "volume": 3351829, "typical_volume": 2661186.8, "trend": 32.926775, "fair_value": 37.208153, "relative_strength": -31.247562, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.676626, "energy": 3.732014, "activity_lines": [ 33.172485, 33.474852, 33.670647, 33.414049 ] }, { "date": "2026-05-15", "close": 29.387573, "volume": 3173451, "typical_volume": 2771059.05, "trend": 32.923521, "fair_value": 37.097766, "relative_strength": -34.450179, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.114253, "energy": 26.773726, "activity_lines": [ 31.717751, 32.646745, 33.286158, 33.185713 ] }, { "date": "2026-05-22", "close": 30.900887, "volume": 1915102, "typical_volume": 2822710.6, "trend": 32.998373, "fair_value": 37.003683, "relative_strength": -32.21191, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.904932, "energy": 34.590384, "activity_lines": [ 31.079881, 32.217159, 33.058115, 33.05522 ] }, { "date": "2026-05-29", "close": 31.389055, "volume": 3253445, "typical_volume": 2925911.5, "trend": 33.048817, "fair_value": 36.918782, "relative_strength": -34.287427, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.809588, "energy": 55.599562, "activity_lines": [ 30.943196, 31.960651, 32.883538, 32.951394 ] }, { "date": "2026-06-05", "close": 32.023666, "volume": 3213688, "typical_volume": 2976239.8, "trend": 32.926775, "fair_value": 36.836298, "relative_strength": -32.82105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.609358, "energy": 51.469362, "activity_lines": [ 31.242603, 31.877218, 32.775211, 32.885255 ] }, { "date": "2026-06-12", "close": 30.55917, "volume": 1556101, "typical_volume": 2905594.2, "trend": 32.832396, "fair_value": 36.736723, "relative_strength": -33.957873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.196116, "energy": 39.436576, "activity_lines": [ 31.083135, 31.547928, 32.527874, 32.732506 ] }, { "date": "2026-06-19", "close": 31.779585, "volume": 2191475, "typical_volume": 2940909.9, "trend": 32.760799, "fair_value": 36.648272, "relative_strength": -34.165334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.484161, "energy": 24.895631, "activity_lines": [ 31.392307, 31.452958, 32.412109, 32.664583 ] }, { "date": "2026-06-26", "close": 31.535501, "volume": 3049223, "typical_volume": 3013915.25, "trend": 32.770562, "fair_value": 36.561008, "relative_strength": -31.403247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.108266, "energy": 19.617198, "activity_lines": [ 31.460649, 31.355324, 32.278909, 32.585531 ] }, { "date": "2026-07-03", "close": 33.8787, "volume": 6640873, "typical_volume": 3289201.45, "trend": 32.814497, "fair_value": 36.489315, "relative_strength": -29.2217, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.070542, "energy": 10.355824, "activity_lines": [ 32.267751, 31.764497, 32.368639, 32.657024 ] }, { "date": "2026-07-10", "close": 33.25, "volume": 2245241, "typical_volume": 3355597.8, "trend": 32.857002, "fair_value": 36.413041, "relative_strength": -27.808784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.657983, "energy": 13.727714, "activity_lines": [ 32.69931, 32.075336, 32.380593, 32.685121 ] }, { "date": "2026-07-17", "close": 30.1, "volume": 5962222, "typical_volume": 3128181.2, "trend": 32.776608, "fair_value": 36.318776, "relative_strength": -30.02872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.196109, "energy": 17.570675, "activity_lines": [ 31.999112, 31.799139, 32.086242, 32.50725 ] }, { "date": "2026-07-24", "close": 30.5, "volume": 1414627, "typical_volume": 2884794.25, "trend": 32.727446, "fair_value": 36.230376, "relative_strength": -30.183775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.682113, "energy": 20.310053, "activity_lines": [ 31.46286, 31.620882, 31.875643, 32.360372 ] }, { "date": "2026-07-31", "close": 29.0, "volume": 1479589, "typical_volume": 2839738.85, "trend": 32.615266, "fair_value": 36.12796, "relative_strength": -32.241013, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.537058, "energy": 44.939736, "activity_lines": [ 30.511913, 31.149672, 31.549202, 32.119892 ] }, { "date": "2026-08-07", "close": 28.9, "volume": 797344, "typical_volume": 2769795.95, "trend": 32.491617, "fair_value": 36.022151, "relative_strength": -33.567526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.264112, "energy": 59.417713, "activity_lines": [ 29.696667, 30.694841, 31.244373, 31.880197 ] }, { "date": "2026-08-14", "close": 30.049999, "volume": 1182202, "typical_volume": 2759900.65, "trend": 32.422574, "fair_value": 35.932274, "relative_strength": -32.74705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.229914, "energy": 55.490635, "activity_lines": [ 29.596666, 30.494357, 31.076029, 31.722673 ] } ], "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." } } }