{ "ticker": { "uuid": "4fe06e03-3c26-4cec-bb45-801369ec3df5", "symbol": "WIB", "name": "Wienerberger AG", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.489, "architecture_energy": 66.589, "architecture_maturity": 49.966, "architecture_confidence": 85.566, "architecture_tenure": "Established", "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": 15.62, "rotation_up": 10.74, "upward_expansion": 14.34, "deceleration": 38.42, "rotation_down": 72.13, "downward_expansion": 90.01 }, "activity_lines": [ 21.5, 22.123273, 22.756382, 23.192847 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 21.74, "trend_reference": 24.144125, "distance_from_trend": -0.099574, "trend_direction": "Weakening", "fair_value": 26.949761, "distance_from_fair_value": -0.193314, "fair_value_direction": "Weakening", "relative_strength": -21.383005, "relative_strength_direction": "Weakening", "price_momentum": -0.235098, "excess_performance": -0.299738, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.099574, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065213, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.193314, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.086808, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.21383, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.089289, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.235098, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.760718, "read": "Supply-led" } ], "volume": { "latest": 7596, "relative_activity": 0.482657, "balance": 0.760718, "dry_up": 1.19495, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.066131, "annualized_volatility": 0.402906, "from_high_reference": -0.321466, "from_low_reference": 0.093012 }, "levels": { "trend_reference": 24.144125, "fair_value_reference": 26.949761, "structural_low": 19.889999, "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": 27, "median_return": -0.003882, "positive_rate": 0.444444, "directional_follow_through": 0.518519, "median_excess_return": -0.006103, "regime_survival": 0.777778, "best_return": 0.291504, "worst_return": -0.120681, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.042477, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.001968, "regime_survival": 0.6, "best_return": 0.21602, "worst_return": -0.274342, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.033565, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.044671, "regime_survival": 0.5, "best_return": 0.321197, "worst_return": -0.237733, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.008446, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.084286, "regime_survival": 1.0, "best_return": 0.264157, "worst_return": -0.235587, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-06-21", "tenure": "Established", "return": 0.205387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.063308, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-23", "tenure": "New", "return": 0.023304, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2025-02-07", "tenure": "Established", "return": 0.026649, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.051901, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.172049, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.084746, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": -0.045226, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-12", "tenure": "Developing", "return": -0.033063, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-19", "end": "2025-12-19", "tenure": "Established", "return": 0.050449, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": -0.063872, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-27", "tenure": "Developing", "return": -0.003584, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.051095, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": 0.024261, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.746296, "volume": 5813, "typical_volume": 3973.7, "trend": 24.689245, "fair_value": 23.916539, "relative_strength": -1.411011, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.072902, "energy": 8.548731, "activity_lines": [ 24.857126, 25.214048, 25.097634, 24.861702 ] }, { "date": "2023-08-25", "close": 22.926828, "volume": 1117, "typical_volume": 3876.65, "trend": 24.657129, "fair_value": 23.941214, "relative_strength": -5.049887, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -33.953123, "energy": 36.113537, "activity_lines": [ 24.020664, 24.781304, 24.921797, 24.747998 ] }, { "date": "2023-09-01", "close": 23.108932, "volume": 945, "typical_volume": 3815.3, "trend": 24.594646, "fair_value": 23.964742, "relative_strength": -5.431198, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.654022, "energy": 43.270534, "activity_lines": [ 23.464641, 24.432659, 24.760587, 24.648114 ] }, { "date": "2023-09-08", "close": 22.307678, "volume": 1288, "typical_volume": 3799.2, "trend": 24.526611, "fair_value": 23.983975, "relative_strength": -7.95384, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.725302, "energy": 77.190956, "activity_lines": [ 22.901335, 23.960183, 24.525444, 24.500568 ] }, { "date": "2023-09-15", "close": 22.507988, "volume": 566, "typical_volume": 3733.85, "trend": 24.445859, "fair_value": 24.002808, "relative_strength": -7.846557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.349656, "energy": 79.836097, "activity_lines": [ 22.71316, 23.580083, 24.31616, 24.370334 ] }, { "date": "2023-09-22", "close": 21.724947, "volume": 5528, "typical_volume": 3686.55, "trend": 24.297278, "fair_value": 24.029357, "relative_strength": -8.987799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.109588, "energy": 84.771266, "activity_lines": [ 22.314961, 23.09933, 24.039134, 24.194791 ] }, { "date": "2023-09-29", "close": 21.870628, "volume": 5161, "typical_volume": 3802.4, "trend": 24.144738, "fair_value": 24.048735, "relative_strength": -7.263951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.404509, "energy": 83.11303, "activity_lines": [ 22.100079, 22.716582, 23.789652, 24.038233 ] }, { "date": "2023-10-06", "close": 21.506422, "volume": 4370, "typical_volume": 3995.25, "trend": 24.014145, "fair_value": 24.059254, "relative_strength": -7.762882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.592528, "energy": 82.872341, "activity_lines": [ 21.834208, 22.346746, 23.521266, 23.868019 ] }, { "date": "2023-10-13", "close": 21.561052, "volume": 5955, "typical_volume": 3830.4, "trend": 23.955898, "fair_value": 24.063387, "relative_strength": -7.152914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.066787, "energy": 80.565212, "activity_lines": [ 21.693381, 22.086835, 23.274213, 23.709755 ] }, { "date": "2023-10-20", "close": 20.832638, "volume": 3038, "typical_volume": 3470.0, "trend": 23.913922, "fair_value": 24.069903, "relative_strength": -7.832823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.683488, "energy": 81.443428, "activity_lines": [ 21.359524, 21.792158, 22.969233, 23.508255 ] }, { "date": "2023-10-27", "close": 20.541273, "volume": 9272, "typical_volume": 3706.4, "trend": 23.811691, "fair_value": 24.084532, "relative_strength": -8.294042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.68099, "energy": 83.068559, "activity_lines": [ 21.040236, 21.488873, 22.654974, 23.290664 ] }, { "date": "2023-11-03", "close": 21.815996, "volume": 7071, "typical_volume": 3912.45, "trend": 23.793678, "fair_value": 24.100962, "relative_strength": -5.687744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.800184, "energy": 57.527383, "activity_lines": [ 21.224767, 21.475629, 22.485271, 23.16191 ] }, { "date": "2023-11-10", "close": 22.307678, "volume": 16637, "typical_volume": 4657.15, "trend": 23.750327, "fair_value": 24.111905, "relative_strength": -3.697776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.987459, "energy": 53.017903, "activity_lines": [ 21.576835, 21.571979, 22.381038, 23.066039 ] }, { "date": "2023-11-17", "close": 22.981459, "volume": 7764, "typical_volume": 4827.0, "trend": 23.725321, "fair_value": 24.126844, "relative_strength": -4.935745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.35069, "energy": 32.59987, "activity_lines": [ 22.100079, 21.805402, 22.350514, 23.016435 ] }, { "date": "2023-11-24", "close": 23.63703, "volume": 4147, "typical_volume": 4961.45, "trend": 23.715116, "fair_value": 24.150737, "relative_strength": -2.79121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.42168, "energy": 28.429243, "activity_lines": [ 22.747152, 22.14577, 22.393872, 23.010738 ] }, { "date": "2023-12-01", "close": 23.964817, "volume": 4350, "typical_volume": 5176.3, "trend": 23.694091, "fair_value": 24.172195, "relative_strength": -3.59049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.237035, "energy": 34.708046, "activity_lines": [ 23.316529, 22.525207, 22.473998, 23.026848 ] }, { "date": "2023-12-08", "close": 25.039228, "volume": 21568, "typical_volume": 6104.1, "trend": 23.689235, "fair_value": 24.201728, "relative_strength": -1.464836, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.135621, "energy": 55.033869, "activity_lines": [ 24.015806, 23.059267, 22.664512, 23.113631 ] }, { "date": "2023-12-15", "close": 27.370153, "volume": 22712, "typical_volume": 7039.75, "trend": 23.771788, "fair_value": 24.238213, "relative_strength": 7.507916, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.355107, "energy": 82.26256, "activity_lines": [ 25.277176, 23.95952, 23.082657, 23.35111 ] }, { "date": "2023-12-22", "close": 27.315523, "volume": 21497, "typical_volume": 8083.7, "trend": 23.883479, "fair_value": 24.27478, "relative_strength": 7.295832, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.561887, "energy": 83.6843, "activity_lines": [ 26.182838, 24.743227, 23.493864, 23.579738 ] }, { "date": "2023-12-29", "close": 27.406574, "volume": 1165, "typical_volume": 7498.2, "trend": 23.973316, "fair_value": 24.309015, "relative_strength": 7.077269, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.510167, "energy": 84.576123, "activity_lines": [ 26.829913, 25.438863, 23.911921, 23.807034 ] }, { "date": "2024-01-05", "close": 26.405006, "volume": 13701, "typical_volume": 7892.6, "trend": 24.006702, "fair_value": 24.32668, "relative_strength": 4.015604, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.418376, "energy": 78.970717, "activity_lines": [ 26.891829, 25.832869, 24.214907, 23.963917 ] }, { "date": "2024-01-12", "close": 26.714582, "volume": 8834, "typical_volume": 8278.45, "trend": 24.039481, "fair_value": 24.34579, "relative_strength": 4.425745, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.68147, "energy": 83.783554, "activity_lines": [ 26.894257, 26.176548, 24.534715, 24.138619 ] }, { "date": "2024-01-19", "close": 25.913324, "volume": 14503, "typical_volume": 8956.35, "trend": 24.092897, "fair_value": 24.354364, "relative_strength": 2.136285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.579364, "energy": 62.366806, "activity_lines": [ 26.517909, 26.285479, 24.760177, 24.259512 ] }, { "date": "2024-01-26", "close": 27.534048, "volume": 14302, "typical_volume": 9607.05, "trend": 24.164525, "fair_value": 24.379051, "relative_strength": 5.863256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.956727, "energy": 62.351571, "activity_lines": [ 26.778925, 26.623529, 25.126638, 24.481522 ] }, { "date": "2024-02-02", "close": 28.353512, "volume": 17353, "typical_volume": 10446.4, "trend": 24.282892, "fair_value": 24.4037, "relative_strength": 9.207771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.509435, "energy": 68.173467, "activity_lines": [ 27.298526, 27.027799, 25.546257, 24.751779 ] }, { "date": "2024-02-09", "close": 28.954454, "volume": 8079, "typical_volume": 10573.95, "trend": 24.392761, "fair_value": 24.433388, "relative_strength": 11.300393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.110002, "energy": 69.888504, "activity_lines": [ 27.955313, 27.455577, 25.995272, 25.05317 ] }, { "date": "2024-02-16", "close": 29.773918, "volume": 10922, "typical_volume": 10862.0, "trend": 24.511129, "fair_value": 24.471677, "relative_strength": 12.991221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.815918, "energy": 91.930654, "activity_lines": [ 28.715291, 27.941627, 26.487905, 25.400342 ] }, { "date": "2024-02-23", "close": 28.990875, "volume": 21655, "typical_volume": 11726.25, "trend": 24.577293, "fair_value": 24.507862, "relative_strength": 8.190078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.316576, "energy": 84.042057, "activity_lines": [ 29.010299, 28.199221, 26.868328, 25.689358 ] }, { "date": "2024-03-01", "close": 29.300451, "volume": 4337, "typical_volume": 11645.35, "trend": 24.656205, "fair_value": 24.539444, "relative_strength": 7.459862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.333857, "energy": 78.934005, "activity_lines": [ 29.203329, 28.483634, 27.242594, 25.994078 ] }, { "date": "2024-03-08", "close": 29.573606, "volume": 13877, "typical_volume": 12187.3, "trend": 24.866231, "fair_value": 24.565004, "relative_strength": 7.96159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.142557, "energy": 68.303335, "activity_lines": [ 29.36965, 28.781621, 27.606021, 26.311329 ] }, { "date": "2024-03-15", "close": 29.737497, "volume": 15022, "typical_volume": 12474.8, "trend": 25.065937, "fair_value": 24.58967, "relative_strength": 7.713376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.058164, "energy": 66.900044, "activity_lines": [ 29.509262, 29.070006, 27.943432, 26.625605 ] }, { "date": "2024-03-22", "close": 30.793697, "volume": 14201, "typical_volume": 12831.3, "trend": 25.328166, "fair_value": 24.61884, "relative_strength": 9.595694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.2731, "energy": 71.034796, "activity_lines": [ 29.948738, 29.489837, 28.337643, 26.995137 ] }, { "date": "2024-03-29", "close": 31.030437, "volume": 6357, "typical_volume": 12317.3, "trend": 25.592216, "fair_value": 24.647151, "relative_strength": 8.500572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.930445, "energy": 73.192144, "activity_lines": [ 30.399142, 29.878546, 28.711649, 27.363026 ] }, { "date": "2024-04-05", "close": 30.484123, "volume": 28036, "typical_volume": 13330.9, "trend": 25.864765, "fair_value": 24.669369, "relative_strength": 8.124082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.046824, "energy": 66.182765, "activity_lines": [ 30.53147, 30.074887, 28.992089, 27.678633 ] }, { "date": "2024-04-12", "close": 30.138126, "volume": 25184, "typical_volume": 14382.75, "trend": 26.119102, "fair_value": 24.687426, "relative_strength": 8.104723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.921222, "energy": 63.292318, "activity_lines": [ 30.469555, 30.154681, 29.203849, 27.954334 ] }, { "date": "2024-04-19", "close": 29.82855, "volume": 8532, "typical_volume": 14591.85, "trend": 26.389223, "fair_value": 24.702958, "relative_strength": 7.908135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.358515, "energy": 55.157628, "activity_lines": [ 30.266813, 30.145742, 29.355168, 28.193653 ] }, { "date": "2024-04-26", "close": 30.28381, "volume": 15595, "typical_volume": 14293.2, "trend": 26.669662, "fair_value": 24.720977, "relative_strength": 6.783645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.510367, "energy": 48.672857, "activity_lines": [ 30.209754, 30.203684, 29.521923, 28.444916 ] }, { "date": "2024-05-03", "close": 31.121487, "volume": 9048, "typical_volume": 13610.0, "trend": 26.990164, "fair_value": 24.736896, "relative_strength": 10.453629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.861882, "energy": 53.271025, "activity_lines": [ 30.465913, 30.40466, 29.743482, 28.732131 ] }, { "date": "2024-05-10", "close": 32.991665, "volume": 2570, "typical_volume": 12663.65, "trend": 27.371185, "fair_value": 24.776455, "relative_strength": 12.039944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.674573, "energy": 67.881777, "activity_lines": [ 31.339395, 30.90693, 30.12529, 29.119325 ] }, { "date": "2024-05-17", "close": 33.066391, "volume": 1320, "typical_volume": 12671.4, "trend": 27.778976, "fair_value": 24.814404, "relative_strength": 12.376198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.040315, "energy": 89.590998, "activity_lines": [ 32.070616, 31.355674, 30.487186, 29.486757 ] }, { "date": "2024-05-24", "close": 33.141117, "volume": 1873, "typical_volume": 12080.0, "trend": 28.198971, "fair_value": 24.850964, "relative_strength": 12.321098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.967204, "energy": 91.961527, "activity_lines": [ 32.631529, 31.754499, 30.829247, 29.832702 ] }, { "date": "2024-05-31", "close": 32.2444, "volume": 535, "typical_volume": 11665.05, "trend": 28.546585, "fair_value": 24.880676, "relative_strength": 10.163254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.821621, "energy": 86.889309, "activity_lines": [ 32.672697, 31.928401, 31.053829, 30.093697 ] }, { "date": "2024-06-07", "close": 31.87077, "volume": 1289, "typical_volume": 11004.35, "trend": 28.865354, "fair_value": 24.903047, "relative_strength": 8.374346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.09586, "energy": 65.965359, "activity_lines": [ 32.458617, 32.007994, 31.216496, 30.308161 ] }, { "date": "2024-06-14", "close": 31.665276, "volume": 3536, "typical_volume": 10466.05, "trend": 29.154815, "fair_value": 24.923771, "relative_strength": 10.746804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.20885, "energy": 50.910336, "activity_lines": [ 32.126086, 32.034945, 31.331222, 30.488801 ] }, { "date": "2024-06-21", "close": 31.235596, "volume": 19907, "typical_volume": 10593.75, "trend": 29.4081, "fair_value": 24.946027, "relative_strength": 8.032095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.204885, "energy": 31.844784, "activity_lines": [ 31.738754, 31.962297, 31.385354, 30.623045 ] }, { "date": "2024-06-28", "close": 28.919079, "volume": 6892, "typical_volume": 10534.4, "trend": 29.573242, "fair_value": 24.951345, "relative_strength": -0.391027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.318624, "energy": 17.708478, "activity_lines": [ 30.701303, 31.448511, 31.205142, 30.591495 ] }, { "date": "2024-07-05", "close": 29.591618, "volume": 5752, "typical_volume": 10275.9, "trend": 29.724989, "fair_value": 24.956907, "relative_strength": 0.586715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.605577, "energy": 26.403036, "activity_lines": [ 30.169501, 31.073539, 31.089149, 30.592681 ] }, { "date": "2024-07-12", "close": 29.96525, "volume": 1633, "typical_volume": 9274.8, "trend": 29.811492, "fair_value": 24.966733, "relative_strength": 0.368836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.523863, "energy": 27.695917, "activity_lines": [ 29.939095, 30.779087, 31.009608, 30.608181 ] }, { "date": "2024-07-19", "close": 30.320198, "volume": 2499, "typical_volume": 9182.9, "trend": 29.911648, "fair_value": 24.972898, "relative_strength": 4.718112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.712058, "energy": 27.787156, "activity_lines": [ 29.95404, 30.570193, 30.959232, 30.641001 ] }, { "date": "2024-07-26", "close": 30.749874, "volume": 22043, "typical_volume": 9591.2, "trend": 30.023091, "fair_value": 24.980609, "relative_strength": 4.748006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.452538, "energy": 17.2736, "activity_lines": [ 30.201882, 30.487993, 30.944921, 30.69508 ] }, { "date": "2024-08-02", "close": 27.25642, "volume": 13021, "typical_volume": 9491.15, "trend": 30.051472, "fair_value": 24.964936, "relative_strength": -3.00633, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -46.587748, "energy": 45.383528, "activity_lines": [ 29.317621, 29.812739, 30.5923, 30.516585 ] }, { "date": "2024-08-09", "close": 27.219057, "volume": 34735, "typical_volume": 10517.85, "trend": 30.068288, "fair_value": 24.945066, "relative_strength": -3.553032, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.728626, "energy": 64.894775, "activity_lines": [ 28.531749, 29.237686, 30.247934, 30.333849 ] }, { "date": "2024-08-16", "close": 27.555325, "volume": 23618, "typical_volume": 11380.9, "trend": 30.123021, "fair_value": 24.932628, "relative_strength": -5.532571, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.904747, "energy": 68.173551, "activity_lines": [ 28.016137, 28.815143, 29.952616, 30.171722 ] }, { "date": "2024-08-23", "close": 27.891594, "volume": 38204, "typical_volume": 11889.3, "trend": 30.134939, "fair_value": 24.922346, "relative_strength": -6.008472, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.697344, "energy": 78.912699, "activity_lines": [ 27.773277, 28.532202, 29.705872, 30.027759 ] }, { "date": "2024-08-30", "close": 28.041046, "volume": 8340, "typical_volume": 11047.1, "trend": 30.124524, "fair_value": 24.918738, "relative_strength": -6.900621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.671534, "energy": 74.85143, "activity_lines": [ 27.742141, 28.345046, 29.485707, 29.892669 ] }, { "date": "2024-09-06", "close": 26.901468, "volume": 8936, "typical_volume": 11067.3, "trend": 30.056091, "fair_value": 24.909694, "relative_strength": -7.790161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.955801, "energy": 64.168943, "activity_lines": [ 27.511734, 28.008778, 29.166997, 29.68473 ] }, { "date": "2024-09-13", "close": 27.293783, "volume": 1182, "typical_volume": 10346.65, "trend": 29.97342, "fair_value": 24.913717, "relative_strength": -8.482106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.223013, "energy": 51.846332, "activity_lines": [ 27.435763, 27.780523, 28.899588, 29.506517 ] }, { "date": "2024-09-20", "close": 28.134455, "volume": 291, "typical_volume": 9908.8, "trend": 29.944872, "fair_value": 24.924999, "relative_strength": -5.887943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.323408, "energy": 44.843368, "activity_lines": [ 27.635033, 27.746896, 28.726482, 29.387874 ] }, { "date": "2024-09-27", "close": 28.041046, "volume": 546, "typical_volume": 9807.6, "trend": 29.902892, "fair_value": 24.943486, "relative_strength": -9.850535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.141297, "energy": 39.377144, "activity_lines": [ 27.764559, 27.729573, 28.558704, 29.265046 ] }, { "date": "2024-10-04", "close": 26.714655, "volume": 3674, "typical_volume": 9925.3, "trend": 29.807594, "fair_value": 24.951162, "relative_strength": -12.514753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.099956, "energy": 47.089387, "activity_lines": [ 27.441991, 27.512527, 28.288177, 29.059354 ] }, { "date": "2024-10-11", "close": 25.96739, "volume": 395, "typical_volume": 9851.4, "trend": 29.681923, "fair_value": 24.953719, "relative_strength": -15.991637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.422219, "energy": 53.041811, "activity_lines": [ 26.95876, 27.232983, 27.976728, 28.811599 ] }, { "date": "2024-10-18", "close": 25.96739, "volume": 1903, "typical_volume": 9919.8, "trend": 29.521047, "fair_value": 24.9488, "relative_strength": -17.116708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.151776, "energy": 66.390172, "activity_lines": [ 26.537801, 26.976875, 27.69944, 28.571951 ] }, { "date": "2024-10-25", "close": 25.96739, "volume": 1809, "typical_volume": 9945.8, "trend": 29.352278, "fair_value": 24.94641, "relative_strength": -16.226416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.330649, "energy": 75.251094, "activity_lines": [ 26.205269, 26.743525, 27.452042, 28.342683 ] }, { "date": "2024-11-01", "close": 26.135525, "volume": 447, "typical_volume": 9791.35, "trend": 29.207325, "fair_value": 24.940261, "relative_strength": -14.689147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.963687, "energy": 81.66634, "activity_lines": [ 26.073253, 26.569617, 27.248769, 28.135151 ] }, { "date": "2024-11-08", "close": 26.527838, "volume": 547, "typical_volume": 8823.35, "trend": 29.086982, "fair_value": 24.923435, "relative_strength": -13.142688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.377369, "energy": 71.22715, "activity_lines": [ 26.199042, 26.498966, 27.109191, 27.962281 ] }, { "date": "2024-11-15", "close": 24.939905, "volume": 3054, "typical_volume": 8631.45, "trend": 28.924027, "fair_value": 24.898519, "relative_strength": -18.178086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.737969, "energy": 72.762506, "activity_lines": [ 25.807975, 26.167114, 26.840799, 27.694727 ] }, { "date": "2024-11-22", "close": 24.958586, "volume": 2986, "typical_volume": 8493.15, "trend": 28.74652, "fair_value": 24.874932, "relative_strength": -18.409596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.681657, "energy": 64.856888, "activity_lines": [ 25.491634, 25.874323, 26.593135, 27.438892 ] }, { "date": "2024-11-29", "close": 24.921225, "volume": 1516, "typical_volume": 8487.3, "trend": 28.539844, "fair_value": 24.855502, "relative_strength": -19.605811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.125067, "energy": 59.4343, "activity_lines": [ 25.230092, 25.617197, 26.363974, 27.192099 ] }, { "date": "2024-12-06", "close": 25.96739, "volume": 1939, "typical_volume": 8459.3, "trend": 28.305702, "fair_value": 24.84025, "relative_strength": -19.129752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.725109, "energy": 54.818587, "activity_lines": [ 25.387017, 25.608705, 26.258468, 27.026134 ] }, { "date": "2024-12-13", "close": 24.865179, "volume": 177, "typical_volume": 7366.0, "trend": 28.032328, "fair_value": 24.825738, "relative_strength": -22.248961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.707969, "energy": 54.146388, "activity_lines": [ 25.187747, 25.437514, 26.068716, 26.804165 ] }, { "date": "2024-12-20", "close": 24.061871, "volume": 3196, "typical_volume": 6874.75, "trend": 27.729687, "fair_value": 24.804427, "relative_strength": -22.384087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.183445, "energy": 57.693843, "activity_lines": [ 24.831552, 25.153894, 25.830482, 26.548007 ] }, { "date": "2024-12-27", "close": 24.52891, "volume": 1002, "typical_volume": 5188.1, "trend": 27.472504, "fair_value": 24.783582, "relative_strength": -20.87294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.104374, "energy": 52.298536, "activity_lines": [ 24.689572, 24.989836, 25.651939, 26.341505 ] }, { "date": "2025-01-03", "close": 24.39814, "volume": 1504, "typical_volume": 4082.4, "trend": 27.223416, "fair_value": 24.75992, "relative_strength": -20.625717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.025242, "energy": 55.526184, "activity_lines": [ 24.532647, 24.828155, 25.473753, 26.143159 ] }, { "date": "2025-01-10", "close": 23.183836, "volume": 1980, "typical_volume": 2271.2, "trend": 26.940701, "fair_value": 24.728474, "relative_strength": -25.307237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.669106, "energy": 70.408275, "activity_lines": [ 24.005826, 24.474224, 25.194953, 25.882541 ] }, { "date": "2025-01-17", "close": 23.968462, "volume": 2895, "typical_volume": 1998.95, "trend": 26.698463, "fair_value": 24.69755, "relative_strength": -24.929554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.438819, "energy": 53.211693, "activity_lines": [ 23.926118, 24.316619, 25.013296, 25.690783 ] }, { "date": "2025-01-24", "close": 25.855301, "volume": 6473, "typical_volume": 1875.8, "trend": 26.596338, "fair_value": 24.688616, "relative_strength": -20.464927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.283013, "energy": 35.825507, "activity_lines": [ 24.535137, 24.54861, 25.030733, 25.636386 ] }, { "date": "2025-01-31", "close": 26.415751, "volume": 917, "typical_volume": 1862.55, "trend": 26.490475, "fair_value": 24.687121, "relative_strength": -19.532547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.644896, "energy": 12.915893, "activity_lines": [ 25.21141, 24.865858, 25.106527, 25.624735 ] }, { "date": "2025-02-07", "close": 28.788309, "volume": 4304, "typical_volume": 2063.2, "trend": 26.451244, "fair_value": 24.697757, "relative_strength": -12.090829, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.631187, "energy": 36.692785, "activity_lines": [ 26.552747, 25.587986, 25.41246, 25.772982 ] }, { "date": "2025-02-14", "close": 30.955372, "volume": 8367, "typical_volume": 2454.25, "trend": 26.472416, "fair_value": 24.726571, "relative_strength": -8.094901, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.376408, "energy": 57.936492, "activity_lines": [ 28.323761, 26.633814, 25.921666, 26.063571 ] }, { "date": "2025-02-21", "close": 27.704779, "volume": 8090, "typical_volume": 2675.05, "trend": 26.370913, "fair_value": 24.752357, "relative_strength": -16.459876, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.901291, "energy": 61.241028, "activity_lines": [ 28.493141, 26.997935, 26.107414, 26.143079 ] }, { "date": "2025-02-28", "close": 29.554255, "volume": 127750, "typical_volume": 9042.8, "trend": 26.447508, "fair_value": 24.805717, "relative_strength": -11.53521, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.73824, "energy": 68.710634, "activity_lines": [ 29.029925, 27.646696, 26.464588, 26.348455 ] }, { "date": "2025-03-07", "close": 32.561989, "volume": 59883, "typical_volume": 11941.8, "trend": 26.625606, "fair_value": 24.862969, "relative_strength": -4.165539, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.612249, "energy": 82.540033, "activity_lines": [ 30.32269, 28.742455, 27.091133, 26.742938 ] }, { "date": "2025-03-14", "close": 33.552113, "volume": 14378, "typical_volume": 12570.25, "trend": 26.825498, "fair_value": 24.918982, "relative_strength": -0.900536, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.317714, "energy": 74.75276, "activity_lines": [ 31.535748, 29.872181, 27.780572, 27.18981 ] }, { "date": "2025-03-21", "close": 32.113632, "volume": 9639, "typical_volume": 13029.85, "trend": 26.966233, "fair_value": 24.974128, "relative_strength": -4.394822, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.588608, "energy": 72.734184, "activity_lines": [ 31.951725, 30.573929, 28.296896, 27.530979 ] }, { "date": "2025-03-28", "close": 29.890522, "volume": 8233, "typical_volume": 13414.15, "trend": 27.027882, "fair_value": 25.016014, "relative_strength": -8.894404, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.278085, "energy": 57.307373, "activity_lines": [ 31.549447, 30.709116, 28.573027, 27.719643 ] }, { "date": "2025-04-04", "close": 25.986073, "volume": 5780, "typical_volume": 13550.45, "trend": 26.997369, "fair_value": 25.037817, "relative_strength": -13.334935, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.922527, "energy": 25.355806, "activity_lines": [ 29.699971, 30.026729, 28.461293, 27.65243 ] }, { "date": "2025-04-11", "close": 26.490477, "volume": 14447, "typical_volume": 14123.5, "trend": 26.970592, "fair_value": 25.060106, "relative_strength": -10.03891, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.567877, "energy": 18.798067, "activity_lines": [ 28.256508, 29.433674, 28.392616, 27.619727 ] }, { "date": "2025-04-18", "close": 27.779503, "volume": 526, "typical_volume": 14074.0, "trend": 26.95876, "fair_value": 25.084941, "relative_strength": -8.911171, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.97456, "energy": 23.890359, "activity_lines": [ 27.647488, 29.073629, 28.439409, 27.671915 ] }, { "date": "2025-04-25", "close": 28.657537, "volume": 4073, "typical_volume": 14180.7, "trend": 26.97931, "fair_value": 25.120242, "relative_strength": -9.954928, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.588701, "energy": 22.621193, "activity_lines": [ 27.715986, 28.891568, 28.556213, 27.781513 ] }, { "date": "2025-05-02", "close": 30.208109, "volume": 4598, "typical_volume": 14401.75, "trend": 27.095759, "fair_value": 25.177016, "relative_strength": -8.034099, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.591394, "energy": 18.305398, "activity_lines": [ 28.531749, 29.033208, 28.807881, 27.989823 ] }, { "date": "2025-05-09", "close": 30.338879, "volume": 1120, "typical_volume": 14297.95, "trend": 27.241475, "fair_value": 25.235532, "relative_strength": -8.682358, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.377788, "energy": 25.544548, "activity_lines": [ 29.369928, 29.153109, 29.04656, 28.199056 ] }, { "date": "2025-05-16", "close": 31.086142, "volume": 13097, "typical_volume": 14902.7, "trend": 27.4121, "fair_value": 25.299403, "relative_strength": -6.90627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.026616, "energy": 40.376083, "activity_lines": [ 30.167009, 29.394611, 29.326517, 28.447099 ] }, { "date": "2025-05-23", "close": 30.634901, "volume": 4352, "typical_volume": 15045.1, "trend": 27.567684, "fair_value": 25.348402, "relative_strength": -7.116698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.990391, "energy": 47.41193, "activity_lines": [ 30.507298, 29.580902, 29.532273, 28.655022 ] }, { "date": "2025-05-30", "close": 31.366135, "volume": 4661, "typical_volume": 15179.15, "trend": 27.742037, "fair_value": 25.405592, "relative_strength": -5.791591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.731151, "energy": 54.816183, "activity_lines": [ 30.900971, 29.953185, 29.777972, 28.900084 ] }, { "date": "2025-06-06", "close": 32.116615, "volume": 3962, "typical_volume": 15232.5, "trend": 27.92833, "fair_value": 25.470192, "relative_strength": -4.23023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.813952, "energy": 64.215675, "activity_lines": [ 31.364232, 30.47551, 30.056182, 29.182314 ] }, { "date": "2025-06-13", "close": 30.480957, "volume": 1218, "typical_volume": 14969.75, "trend": 28.113032, "fair_value": 25.539338, "relative_strength": -5.451195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.678196, "energy": 48.398482, "activity_lines": [ 31.15504, 30.659969, 30.139814, 29.347 ] }, { "date": "2025-06-20", "close": 29.788206, "volume": 3662, "typical_volume": 15107.0, "trend": 28.274019, "fair_value": 25.613764, "relative_strength": -6.361223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.399099, "energy": 32.429622, "activity_lines": [ 30.705458, 30.636747, 30.135443, 29.455076 ] }, { "date": "2025-06-27", "close": 31.115976, "volume": 1166, "typical_volume": 14950.1, "trend": 28.480511, "fair_value": 25.695232, "relative_strength": -4.573586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.026668, "energy": 27.770013, "activity_lines": [ 30.784996, 30.794979, 30.241467, 29.638428 ] }, { "date": "2025-07-04", "close": 28.787571, "volume": 827, "typical_volume": 14573.1, "trend": 28.574517, "fair_value": 25.762339, "relative_strength": -10.30447, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.125965, "energy": 14.195237, "activity_lines": [ 30.056327, 30.469202, 30.114654, 29.658238 ] }, { "date": "2025-07-11", "close": 29.249403, "volume": 1583, "typical_volume": 14247.75, "trend": 28.720658, "fair_value": 25.832407, "relative_strength": -10.120707, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.133934, "energy": 17.062273, "activity_lines": [ 29.653506, 30.22503, 30.042147, 29.701779 ] }, { "date": "2025-07-18", "close": 28.518167, "volume": 3102, "typical_volume": 8015.35, "trend": 28.869201, "fair_value": 25.89304, "relative_strength": -11.866499, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.370977, "energy": 14.86237, "activity_lines": [ 29.198088, 29.865337, 29.892644, 29.688715 ] }, { "date": "2025-07-25", "close": 29.557291, "volume": 2258, "typical_volume": 5134.1, "trend": 29.036813, "fair_value": 25.955588, "relative_strength": -7.785713, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.614452, "energy": 18.302599, "activity_lines": [ 29.219897, 29.727679, 29.847039, 29.733108 ] }, { "date": "2025-08-01", "close": 27.806175, "volume": 645, "typical_volume": 4447.45, "trend": 29.150415, "fair_value": 26.006798, "relative_strength": -9.851026, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.735748, "energy": 40.147438, "activity_lines": [ 28.673394, 29.299434, 29.648969, 29.653712 ] }, { "date": "2025-08-08", "close": 31.500839, "volume": 3532, "typical_volume": 4142.1, "trend": 29.427648, "fair_value": 26.068919, "relative_strength": -0.65047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.322927, "energy": 14.993936, "activity_lines": [ 29.5791, 29.594378, 29.830133, 29.805352 ] }, { "date": "2025-08-15", "close": 30.519442, "volume": 4279, "typical_volume": 3944.4, "trend": 29.646014, "fair_value": 26.130514, "relative_strength": -4.169349, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.345332, "energy": 17.068453, "activity_lines": [ 29.976789, 29.708436, 29.920749, 29.875791 ] }, { "date": "2025-08-22", "close": 30.962032, "volume": 3670, "typical_volume": 3838.9, "trend": 29.816238, "fair_value": 26.199015, "relative_strength": -2.470489, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.19091, "energy": 24.850678, "activity_lines": [ 30.437339, 29.932005, 30.050522, 29.960695 ] }, { "date": "2025-08-29", "close": 28.633627, "volume": 8281, "typical_volume": 3530.6, "trend": 29.890168, "fair_value": 26.251686, "relative_strength": -7.67723, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.63274, "energy": 13.090823, "activity_lines": [ 29.958829, 29.723481, 29.934847, 29.884398 ] }, { "date": "2025-09-05", "close": 27.825418, "volume": 2177, "typical_volume": 3613.15, "trend": 29.858071, "fair_value": 26.298272, "relative_strength": -8.729421, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.641542, "energy": 30.979528, "activity_lines": [ 29.272494, 29.389002, 29.731993, 29.751188 ] }, { "date": "2025-09-12", "close": 27.57526, "volume": 10343, "typical_volume": 3926.65, "trend": 29.745401, "fair_value": 26.346871, "relative_strength": -9.537536, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.097855, "energy": 54.082228, "activity_lines": [ 28.501491, 29.068868, 29.505097, 29.60391 ] }, { "date": "2025-09-19", "close": 27.844662, "volume": 1567, "typical_volume": 3775.1, "trend": 29.750064, "fair_value": 26.405561, "relative_strength": -7.979618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.016859, "energy": 61.626261, "activity_lines": [ 28.081993, 28.819759, 29.309012, 29.481282 ] }, { "date": "2025-09-26", "close": 25.920359, "volume": 3423, "typical_volume": 3890.25, "trend": 29.628934, "fair_value": 26.454854, "relative_strength": -14.251648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.459914, "energy": 76.397033, "activity_lines": [ 27.199379, 28.246316, 28.940914, 29.234204 ] }, { "date": "2025-10-03", "close": 26.651594, "volume": 11319, "typical_volume": 3801.35, "trend": 29.431921, "fair_value": 26.507365, "relative_strength": -13.748907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.734438, "energy": 75.095761, "activity_lines": [ 26.896622, 27.853059, 28.663498, 29.042117 ] }, { "date": "2025-10-10", "close": 25.824144, "volume": 4127, "typical_volume": 3790.1, "trend": 29.174322, "fair_value": 26.551972, "relative_strength": -15.601053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.061557, "energy": 78.276158, "activity_lines": [ 26.450184, 27.362187, 28.328395, 28.809358 ] }, { "date": "2025-10-17", "close": 25.112152, "volume": 12405, "typical_volume": 4177.3, "trend": 28.940939, "fair_value": 26.590772, "relative_strength": -16.173058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.435731, "energy": 82.342947, "activity_lines": [ 25.899833, 26.777898, 27.948391, 28.547282 ] }, { "date": "2025-10-24", "close": 25.881872, "volume": 2174, "typical_volume": 4087.9, "trend": 28.807317, "fair_value": 26.627612, "relative_strength": -14.713469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.912049, "energy": 72.493394, "activity_lines": [ 25.770263, 26.449717, 27.671475, 28.349923 ] }, { "date": "2025-10-31", "close": 24.842749, "volume": 2808, "typical_volume": 4167.4, "trend": 28.769206, "fair_value": 26.65327, "relative_strength": -16.765782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.836644, "energy": 77.845322, "activity_lines": [ 25.425171, 26.016924, 27.325283, 28.094144 ] }, { "date": "2025-11-07", "close": 23.938326, "volume": 6920, "typical_volume": 4330.3, "trend": 28.684135, "fair_value": 26.661941, "relative_strength": -18.012711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.473949, "energy": 89.708601, "activity_lines": [ 24.850446, 25.53095, 26.919805, 27.782475 ] }, { "date": "2025-11-14", "close": 25.400797, "volume": 5762, "typical_volume": 4560.1, "trend": 28.604845, "fair_value": 26.681909, "relative_strength": -13.807301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.775083, "energy": 67.069695, "activity_lines": [ 24.944095, 25.396249, 26.681466, 27.570646 ] }, { "date": "2025-11-21", "close": 26.420677, "volume": 8047, "typical_volume": 4921.1, "trend": 28.530283, "fair_value": 26.705814, "relative_strength": -7.086467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.888732, "energy": 49.107505, "activity_lines": [ 25.405928, 25.491064, 26.567474, 27.429732 ] }, { "date": "2025-11-28", "close": 28.421953, "volume": 15592, "typical_volume": 5621.55, "trend": 28.470744, "fair_value": 26.746957, "relative_strength": -3.054938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.853234, "energy": 18.796001, "activity_lines": [ 26.447618, 25.97074, 26.655351, 27.422743 ] }, { "date": "2025-12-05", "close": 28.306494, "volume": 3383, "typical_volume": 5635.6, "trend": 28.402998, "fair_value": 26.792445, "relative_strength": -4.073948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.705049, "energy": 22.433152, "activity_lines": [ 27.281482, 26.418928, 26.736172, 27.412147 ] }, { "date": "2025-12-12", "close": 28.364223, "volume": 10885, "typical_volume": 6066.95, "trend": 28.312267, "fair_value": 26.845084, "relative_strength": -4.439093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.566192, "energy": 25.430836, "activity_lines": [ 27.903673, 26.834227, 26.823498, 27.409645 ] }, { "date": "2025-12-19", "close": 29.249403, "volume": 11931, "typical_volume": 6631.25, "trend": 28.266084, "fair_value": 26.905432, "relative_strength": -1.861396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.931109, "energy": 39.777116, "activity_lines": [ 28.525865, 27.37933, 27.000809, 27.470105 ] }, { "date": "2025-12-26", "close": 28.922272, "volume": 5396, "typical_volume": 6724.45, "trend": 28.184622, "fair_value": 26.96357, "relative_strength": -3.105511, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.773762, "energy": 43.534736, "activity_lines": [ 28.782439, 27.802677, 27.140092, 27.51244 ] }, { "date": "2026-01-02", "close": 29.191673, "volume": 7417, "typical_volume": 6881.35, "trend": 28.087124, "fair_value": 27.010776, "relative_strength": -2.942256, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.057041, "energy": 53.569156, "activity_lines": [ 28.96204, 28.205731, 27.317311, 27.577411 ] }, { "date": "2026-01-09", "close": 28.595139, "volume": 6329, "typical_volume": 7014.3, "trend": 28.024263, "fair_value": 27.04783, "relative_strength": -7.622459, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.382884, "energy": 41.4488, "activity_lines": [ 28.891482, 28.440146, 27.44404, 27.610186 ] }, { "date": "2026-01-16", "close": 27.536774, "volume": 4587, "typical_volume": 6829.6, "trend": 27.949215, "fair_value": 27.07889, "relative_strength": -11.085276, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.116233, "energy": 19.643672, "activity_lines": [ 28.448893, 28.413905, 27.481243, 27.578735 ] }, { "date": "2026-01-23", "close": 27.07494, "volume": 8466, "typical_volume": 7144.05, "trend": 27.814514, "fair_value": 27.099304, "relative_strength": -11.015368, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -6.557982, "energy": 6.995836, "activity_lines": [ 27.907522, 28.238269, 27.479685, 27.522331 ] }, { "date": "2026-01-30", "close": 26.844025, "volume": 7008, "typical_volume": 6977.3, "trend": 27.749729, "fair_value": 27.111231, "relative_strength": -10.301503, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.946388, "energy": 17.910027, "activity_lines": [ 27.434144, 27.990209, 27.459709, 27.459718 ] }, { "date": "2026-02-06", "close": 28.421953, "volume": 8178, "typical_volume": 7307.85, "trend": 27.722148, "fair_value": 27.137342, "relative_strength": -5.474713, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.425848, "energy": 12.278863, "activity_lines": [ 27.625291, 28.021348, 27.593494, 27.503088 ] }, { "date": "2026-02-13", "close": 29.326374, "volume": 11212, "typical_volume": 7697.3, "trend": 27.749088, "fair_value": 27.16552, "relative_strength": -2.920192, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.234803, "energy": 11.606002, "activity_lines": [ 28.169227, 28.216927, 27.810666, 27.606586 ] }, { "date": "2026-02-20", "close": 29.42259, "volume": 4218, "typical_volume": 7342.25, "trend": 27.744598, "fair_value": 27.186291, "relative_strength": -3.815574, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.694585, "energy": 34.382196, "activity_lines": [ 28.696486, 28.411456, 28.020781, 27.714554 ] }, { "date": "2026-02-27", "close": 26.747808, "volume": 13533, "typical_volume": 7812.55, "trend": 27.709319, "fair_value": 27.18822, "relative_strength": -12.289224, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.160164, "energy": 12.980704, "activity_lines": [ 28.20643, 28.100419, 27.96296, 27.650245 ] }, { "date": "2026-03-06", "close": 23.726654, "volume": 22149, "typical_volume": 8299.75, "trend": 27.45018, "fair_value": 27.177338, "relative_strength": -16.063836, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.293359, "energy": 37.580983, "activity_lines": [ 26.731132, 27.285564, 27.613012, 27.393299 ] }, { "date": "2026-03-13", "close": 22.514343, "volume": 17893, "typical_volume": 9085.7, "trend": 27.183343, "fair_value": 27.172248, "relative_strength": -19.216783, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.062114, "energy": 77.298868, "activity_lines": [ 25.059554, 26.344755, 27.154203, 27.074858 ] }, { "date": "2026-03-20", "close": 21.22506, "volume": 24324, "typical_volume": 10161.5, "trend": 26.858777, "fair_value": 27.166691, "relative_strength": -19.620602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.997744, "energy": 92.439946, "activity_lines": [ 23.352056, 25.290937, 26.588642, 26.690452 ] }, { "date": "2026-03-27", "close": 21.898567, "volume": 22232, "typical_volume": 10927.1, "trend": 26.634275, "fair_value": 27.155732, "relative_strength": -16.298803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.378427, "energy": 89.654311, "activity_lines": [ 22.409148, 24.493576, 26.104451, 26.370439 ] }, { "date": "2026-04-03", "close": 22.283426, "volume": 17045, "typical_volume": 11491.25, "trend": 26.449542, "fair_value": 27.155264, "relative_strength": -17.615117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.681257, "energy": 86.920588, "activity_lines": [ 22.096128, 23.868702, 25.666626, 26.089739 ] }, { "date": "2026-04-10", "close": 24.496374, "volume": 16025, "typical_volume": 11890.15, "trend": 26.346913, "fair_value": 27.160957, "relative_strength": -11.457405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.413577, "energy": 70.585836, "activity_lines": [ 22.818383, 23.733301, 25.454403, 25.963728 ] }, { "date": "2026-04-17", "close": 25.497013, "volume": 28034, "typical_volume": 12512.25, "trend": 26.268658, "fair_value": 27.172274, "relative_strength": -10.781813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.936253, "energy": 37.203538, "activity_lines": [ 23.822869, 23.822519, 25.346642, 25.908896 ] }, { "date": "2026-04-24", "close": 23.51498, "volume": 23973, "typical_volume": 13541.75, "trend": 26.188478, "fair_value": 27.169529, "relative_strength": -15.320594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.009715, "energy": 29.234934, "activity_lines": [ 23.967833, 23.604548, 25.064044, 25.731239 ] }, { "date": "2026-05-01", "close": 23.707411, "volume": 9432, "typical_volume": 13469.1, "trend": 26.090339, "fair_value": 27.163836, "relative_strength": -14.728048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.646109, "energy": 24.149203, "activity_lines": [ 24.024279, 23.527226, 24.82259, 25.57117 ] }, { "date": "2026-05-08", "close": 24.265457, "volume": 21380, "typical_volume": 13941.55, "trend": 26.038383, "fair_value": 27.157942, "relative_strength": -12.454121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.468231, "energy": 21.479496, "activity_lines": [ 24.146151, 23.655279, 24.656458, 25.453436 ] }, { "date": "2026-05-15", "close": 22.42, "volume": 40744, "typical_volume": 15708.95, "trend": 25.948644, "fair_value": 27.142086, "relative_strength": -17.28226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.288761, "energy": 35.316469, "activity_lines": [ 23.520736, 23.492929, 24.338302, 25.219992 ] }, { "date": "2026-05-22", "close": 22.92, "volume": 22328, "typical_volume": 16454.5, "trend": 25.849915, "fair_value": 27.135388, "relative_strength": -18.101815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.080311, "energy": 37.259786, "activity_lines": [ 23.200412, 23.445244, 24.098728, 25.024596 ] }, { "date": "2026-05-29", "close": 24.200001, "volume": 16558, "typical_volume": 16965.95, "trend": 25.82849, "fair_value": 27.13211, "relative_strength": -13.766573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.268184, "energy": 31.99952, "activity_lines": [ 23.478555, 23.622912, 24.010924, 24.918149 ] }, { "date": "2026-06-05", "close": 23.879999, "volume": 435, "typical_volume": 16758.35, "trend": 25.826546, "fair_value": 27.122344, "relative_strength": -13.185839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.442382, "energy": 31.616328, "activity_lines": [ 23.604364, 23.688308, 23.913572, 24.79244 ] }, { "date": "2026-06-12", "close": 23.440001, "volume": 1758, "typical_volume": 16422.95, "trend": 25.761186, "fair_value": 27.107657, "relative_strength": -13.843322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.116162, "energy": 27.389806, "activity_lines": [ 23.572, 23.637678, 23.79173, 24.63847 ] }, { "date": "2026-06-19", "close": 23.82, "volume": 9994, "typical_volume": 16572.25, "trend": 25.674497, "fair_value": 27.10451, "relative_strength": -13.187544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.035565, "energy": 18.114683, "activity_lines": [ 23.721334, 23.63511, 23.723387, 24.513232 ] }, { "date": "2026-06-26", "close": 23.639999, "volume": 2058, "typical_volume": 16266.25, "trend": 25.515098, "fair_value": 27.093323, "relative_strength": -12.227696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.438412, "energy": 20.330378, "activity_lines": [ 23.717333, 23.612112, 23.652301, 24.381974 ] }, { "date": "2026-07-03", "close": 23.02, "volume": 808, "typical_volume": 15746.05, "trend": 25.338882, "fair_value": 27.081897, "relative_strength": -17.743831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.685211, "energy": 29.843269, "activity_lines": [ 23.458666, 23.510151, 23.544939, 24.221 ] }, { "date": "2026-07-10", "close": 22.4, "volume": 6730, "typical_volume": 15871.65, "trend": 25.140075, "fair_value": 27.06101, "relative_strength": -17.227167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.797714, "energy": 41.195413, "activity_lines": [ 23.072, 23.304463, 23.408559, 24.031395 ] }, { "date": "2026-07-17", "close": 22.940001, "volume": 7913, "typical_volume": 15590.65, "trend": 24.929761, "fair_value": 27.039966, "relative_strength": -14.042541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.249336, "energy": 44.700681, "activity_lines": [ 22.964, 23.220727, 23.357049, 23.889454 ] }, { "date": "2026-07-24", "close": 20.08, "volume": 47788, "typical_volume": 16872.6, "trend": 24.635019, "fair_value": 26.995569, "relative_strength": -24.998325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.424, "energy": 76.168503, "activity_lines": [ 21.936, 22.641091, 23.051291, 23.576567 ] }, { "date": "2026-07-31", "close": 21.32, "volume": 11927, "typical_volume": 16574.3, "trend": 24.37263, "fair_value": 26.959587, "relative_strength": -21.511768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.687251, "energy": 71.081154, "activity_lines": [ 21.570667, 22.329455, 22.880993, 23.362694 ] }, { "date": "2026-08-07", "close": 21.74, "volume": 7596, "typical_volume": 15737.9, "trend": 24.144125, "fair_value": 26.949761, "relative_strength": -21.383005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.488718, "energy": 66.588804, "activity_lines": [ 21.5, 22.123273, 22.756382, 23.192847 ] } ], "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." } } }