{ "ticker": { "uuid": "5507e3d3-654b-49f1-b745-4e2db6d6723d", "symbol": "3591", "name": "Edison Opto Corporation", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-21", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.323, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -21.891, "architecture_energy": 46.592, "architecture_maturity": 11.461, "architecture_confidence": 71.218, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 37.03, "rotation_up": 15.36, "upward_expansion": 24.52, "deceleration": 50.23, "rotation_down": 62.85, "downward_expansion": 51.85 }, "activity_lines": [ 20.673334, 21.766364, 22.961667, 22.829785 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 20.700001, "trend_reference": 22.216667, "distance_from_trend": -0.068267, "trend_direction": "Improving", "fair_value": 22.150264, "distance_from_fair_value": -0.065474, "fair_value_direction": "Weakening", "relative_strength": -25.338235, "relative_strength_direction": "Weakening", "price_momentum": 0.078125, "excess_performance": -0.267607, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.068267, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.068195, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.065474, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.269826, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.253382, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.180108, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.078125, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.83572, "read": "Demand-led" } ], "volume": { "latest": 2569335, "relative_activity": 0.196086, "balance": 1.83572, "dry_up": 0.311782, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.13731, "annualized_volatility": 0.53591, "from_high_reference": -0.307692, "from_low_reference": 0.266055 }, "levels": { "trend_reference": 22.216667, "fair_value_reference": 22.150264, "structural_low": 16.35, "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": 4, "median_return": 0.06385, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.04372, "regime_survival": 0.25, "best_return": 0.081633, "worst_return": 0.044643, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.089286, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.01526, "regime_survival": 0.0, "best_return": 0.127551, "worst_return": 0.079586, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.083746, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.09839, "regime_survival": 0.0, "best_return": 0.116071, "worst_return": -0.076531, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.063519, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.155768, "regime_survival": 0.0, "best_return": 0.10119, "worst_return": -0.228228, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-02", "end": "2024-10-04", "tenure": "Developing", "return": 0.044316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.153169, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.05653, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.123106, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-03-21", "tenure": "Developing", "return": 0.037657, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.066937, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.123249, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.007833, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-09-05", "tenure": "Developing", "return": 0.071108, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2026-01-09", "tenure": "Established", "return": 0.01105, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-06-19", "tenure": "Established", "return": 0.129717, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.068053, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.223092, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-21", "tenure": "New", "return": -0.023585, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.589565, "volume": 6676457, "typical_volume": 13622413.75, "trend": 22.169677, "fair_value": 17.137147, "relative_strength": 12.121338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.024677, "energy": 12.042374, "activity_lines": [ 23.68996, 24.037393, 23.768102, 23.195136 ] }, { "date": "2023-08-25", "close": 23.4856, "volume": 4343492, "typical_volume": 13741473.25, "trend": 22.416219, "fair_value": 17.22532, "relative_strength": 15.129139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.490981, "energy": 15.190762, "activity_lines": [ 23.495033, 23.914942, 23.781548, 23.280035 ] }, { "date": "2023-09-01", "close": 23.43844, "volume": 2138378, "typical_volume": 13117602.25, "trend": 22.594344, "fair_value": 17.311811, "relative_strength": 13.103421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.786957, "energy": 18.240851, "activity_lines": [ 23.372417, 23.786802, 23.779933, 23.345984 ] }, { "date": "2023-09-08", "close": 22.636723, "volume": 4287834, "typical_volume": 12086685.2, "trend": 22.675792, "fair_value": 17.393991, "relative_strength": 9.122776, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.479487, "energy": 12.757212, "activity_lines": [ 23.03601, 23.518335, 23.701834, 23.348719 ] }, { "date": "2023-09-15", "close": 21.976484, "volume": 4927492, "typical_volume": 12078478.6, "trend": 22.735232, "fair_value": 17.470558, "relative_strength": 3.353314, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.048817, "energy": 22.321383, "activity_lines": [ 22.687026, 23.182062, 23.557437, 23.303602 ] }, { "date": "2023-09-22", "close": 21.174768, "volume": 2781539, "typical_volume": 11671351.25, "trend": 22.780384, "fair_value": 17.540607, "relative_strength": 2.78008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.945368, "energy": 38.953642, "activity_lines": [ 22.136828, 22.744762, 23.334412, 23.202927 ] }, { "date": "2023-09-29", "close": 21.127607, "volume": 1127785, "typical_volume": 10747506.6, "trend": 22.811528, "fair_value": 17.607592, "relative_strength": 2.219508, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.608743, "energy": 50.293167, "activity_lines": [ 21.66523, 22.348619, 23.117323, 23.096296 ] }, { "date": "2023-10-06", "close": 21.787846, "volume": 5301822, "typical_volume": 10353815.55, "trend": 22.841362, "fair_value": 17.679915, "relative_strength": 4.092754, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.127751, "energy": 51.588857, "activity_lines": [ 21.57091, 22.139401, 22.965106, 23.030252 ] }, { "date": "2023-10-13", "close": 21.646368, "volume": 1404136, "typical_volume": 8645198.35, "trend": 22.888243, "fair_value": 17.756298, "relative_strength": 1.456605, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.736964, "energy": 48.481792, "activity_lines": [ 21.539471, 21.949047, 22.802702, 22.953156 ] }, { "date": "2023-10-20", "close": 21.552046, "volume": 1830394, "typical_volume": 7798741.75, "trend": 22.894672, "fair_value": 17.832353, "relative_strength": 2.640449, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.722075, "energy": 47.957709, "activity_lines": [ 21.542615, 21.816142, 22.63439, 22.866949 ] }, { "date": "2023-10-27", "close": 22.070803, "volume": 3824828, "typical_volume": 6971059.05, "trend": 22.926165, "fair_value": 17.908421, "relative_strength": 6.492616, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.994566, "energy": 30.849595, "activity_lines": [ 21.746973, 21.80328, 22.52478, 22.813797 ] }, { "date": "2023-11-03", "close": 22.353765, "volume": 3936732, "typical_volume": 6758480.2, "trend": 22.962427, "fair_value": 17.98575, "relative_strength": 4.869003, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.174736, "energy": 22.942532, "activity_lines": [ 21.985917, 21.851297, 22.451389, 22.776868 ] }, { "date": "2023-11-10", "close": 22.306602, "volume": 2504962, "typical_volume": 6683200.95, "trend": 22.925608, "fair_value": 18.062778, "relative_strength": 3.096428, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.737864, "energy": 18.944851, "activity_lines": [ 22.127396, 21.911318, 22.379651, 22.734556 ] }, { "date": "2023-11-17", "close": 22.165125, "volume": 3114136, "typical_volume": 6211727.75, "trend": 22.933818, "fair_value": 18.141107, "relative_strength": -1.138655, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.287584, "energy": 18.74457, "activity_lines": [ 22.187132, 21.966195, 22.301254, 22.685493 ] }, { "date": "2023-11-24", "close": 23.155481, "volume": 2649238, "typical_volume": 5499184.7, "trend": 22.989031, "fair_value": 18.222748, "relative_strength": 2.239137, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.557429, "energy": 15.229802, "activity_lines": [ 22.542403, 22.209712, 22.333103, 22.699794 ] }, { "date": "2023-12-01", "close": 23.2498, "volume": 1778576, "typical_volume": 5265203.1, "trend": 22.985207, "fair_value": 18.301957, "relative_strength": 1.332923, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.170764, "energy": 12.12195, "activity_lines": [ 22.822218, 22.448941, 22.380038, 22.716618 ] }, { "date": "2023-12-08", "close": 23.532761, "volume": 2931237, "typical_volume": 5020426.5, "trend": 23.051441, "fair_value": 18.379117, "relative_strength": 2.445858, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.316107, "energy": 26.486382, "activity_lines": [ 23.117753, 22.701889, 22.457066, 22.751944 ] }, { "date": "2023-12-15", "close": 23.57992, "volume": 2280013, "typical_volume": 4827530.7, "trend": 23.088157, "fair_value": 18.448851, "relative_strength": 0.56974, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.637313, "energy": 41.14563, "activity_lines": [ 23.350409, 22.919682, 22.544649, 22.786039 ] }, { "date": "2023-12-22", "close": 23.014, "volume": 1405701, "typical_volume": 3668822.25, "trend": 23.112227, "fair_value": 18.509437, "relative_strength": -1.762527, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.191891, "energy": 40.953646, "activity_lines": [ 23.309536, 23.001997, 22.581478, 22.781255 ] }, { "date": "2023-12-29", "close": 23.014, "volume": 2596480, "typical_volume": 3092061.6, "trend": 23.09588, "fair_value": 18.573612, "relative_strength": -3.950548, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.559189, "energy": 30.668808, "activity_lines": [ 23.212072, 23.059446, 22.631333, 22.774917 ] }, { "date": "2024-01-05", "close": 22.872522, "volume": 961295, "typical_volume": 2806303.5, "trend": 23.057716, "fair_value": 18.633291, "relative_strength": -2.680357, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.977957, "energy": 13.286123, "activity_lines": [ 23.076881, 23.064591, 22.667489, 22.760507 ] }, { "date": "2024-01-12", "close": 23.202641, "volume": 2190611, "typical_volume": 2698659.45, "trend": 23.042993, "fair_value": 18.698399, "relative_strength": -1.607822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.106537, "energy": 5.951481, "activity_lines": [ 23.076881, 23.115181, 22.733737, 22.769857 ] }, { "date": "2024-01-19", "close": 23.2498, "volume": 1902681, "typical_volume": 2686874.6, "trend": 23.026732, "fair_value": 18.740901, "relative_strength": -2.728558, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.677102, "energy": 10.108883, "activity_lines": [ 23.114609, 23.15891, 22.805824, 22.7832 ] }, { "date": "2024-01-26", "close": 23.957197, "volume": 5468994, "typical_volume": 2745932.6, "trend": 22.97498, "fair_value": 18.784901, "relative_strength": -1.86963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.81238, "energy": 25.615835, "activity_lines": [ 23.410143, 23.314109, 22.946181, 22.84323 ] }, { "date": "2024-02-02", "close": 23.67424, "volume": 2705034, "typical_volume": 2634809.7, "trend": 22.94955, "fair_value": 18.833436, "relative_strength": -3.583698, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.015933, "energy": 37.389979, "activity_lines": [ 23.548479, 23.385278, 23.053301, 22.888343 ] }, { "date": "2024-02-09", "close": 23.627079, "volume": 2177687, "typical_volume": 2604617.1, "trend": 22.940118, "fair_value": 18.88774, "relative_strength": -3.981654, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 27.330874, "energy": 37.153545, "activity_lines": [ 23.627079, 23.43844, 23.147845, 22.932055 ] }, { "date": "2024-02-16", "close": 24.853237, "volume": 3236916, "typical_volume": 2710073.65, "trend": 22.94169, "fair_value": 18.953493, "relative_strength": -1.816659, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.258717, "energy": 67.102797, "activity_lines": [ 24.064094, 23.70768, 23.347489, 23.055482 ] }, { "date": "2024-02-23", "close": 25.654953, "volume": 8316721, "typical_volume": 2860818.6, "trend": 22.98885, "fair_value": 19.023004, "relative_strength": -0.274672, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.160789, "energy": 75.243623, "activity_lines": [ 24.658308, 24.098678, 23.605745, 23.230531 ] }, { "date": "2024-03-01", "close": 25.890753, "volume": 4367952, "typical_volume": 3009009.4, "trend": 22.993566, "fair_value": 19.084368, "relative_strength": 0.289367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.875751, "energy": 80.355196, "activity_lines": [ 25.170779, 24.494821, 23.868044, 23.417751 ] }, { "date": "2024-03-08", "close": 24.617437, "volume": 3880158, "typical_volume": 3111497.6, "trend": 23.048585, "fair_value": 19.137016, "relative_strength": -8.60586, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.14346, "energy": 69.911682, "activity_lines": [ 25.129907, 24.607147, 23.988863, 23.522516 ] }, { "date": "2024-03-15", "close": 23.768559, "volume": 2901722, "typical_volume": 3065342.3, "trend": 23.087885, "fair_value": 19.185604, "relative_strength": -11.168195, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.373065, "energy": 41.714472, "activity_lines": [ 24.743196, 24.535979, 24.014239, 23.568966 ] }, { "date": "2024-03-22", "close": 24.334476, "volume": 2313402, "typical_volume": 2984175.8, "trend": 23.116181, "fair_value": 19.236439, "relative_strength": -11.333151, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.674399, "energy": 28.18185, "activity_lines": [ 24.535692, 24.551413, 24.085428, 23.649392 ] }, { "date": "2024-03-29", "close": 23.57992, "volume": 1567396, "typical_volume": 2937297.5, "trend": 23.120897, "fair_value": 19.268913, "relative_strength": -14.155803, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.707005, "energy": 19.389796, "activity_lines": [ 24.111254, 24.409076, 24.075323, 23.67931 ] }, { "date": "2024-04-05", "close": 24.192997, "volume": 903140, "typical_volume": 2826747.7, "trend": 23.172773, "fair_value": 19.303937, "relative_strength": -11.918912, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.943878, "energy": 19.589796, "activity_lines": [ 24.02951, 24.372205, 24.117542, 23.748478 ] }, { "date": "2024-04-12", "close": 23.862879, "volume": 2563385, "typical_volume": 2822455.05, "trend": 23.235653, "fair_value": 19.319458, "relative_strength": -14.403641, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.791154, "energy": 16.506133, "activity_lines": [ 23.95091, 24.271026, 24.118665, 23.793001 ] }, { "date": "2024-04-19", "close": 22.070803, "volume": 2915088, "typical_volume": 2879280.65, "trend": 23.265521, "fair_value": 19.328182, "relative_strength": -15.596961, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.977522, "energy": 17.716196, "activity_lines": [ 23.325256, 23.840585, 23.945745, 23.717849 ] }, { "date": "2024-04-26", "close": 22.070803, "volume": 1740171, "typical_volume": 2819727.35, "trend": 23.29696, "fair_value": 19.343255, "relative_strength": -17.75183, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.978184, "energy": 33.709853, "activity_lines": [ 22.812785, 23.43844, 23.77844, 23.640771 ] }, { "date": "2024-05-03", "close": 23.061161, "volume": 1643420, "typical_volume": 2787897.7, "trend": 23.339404, "fair_value": 19.367712, "relative_strength": -14.503174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.923976, "energy": 32.914858, "activity_lines": [ 22.781345, 23.266949, 23.712416, 23.625558 ] }, { "date": "2024-05-10", "close": 23.061161, "volume": 2406925, "typical_volume": 2837958.9, "trend": 23.386564, "fair_value": 19.395481, "relative_strength": -15.728467, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.434512, "energy": 36.540748, "activity_lines": [ 22.78449, 23.142619, 23.648863, 23.607607 ] }, { "date": "2024-05-17", "close": 23.061161, "volume": 1885922, "typical_volume": 2802431.0, "trend": 23.436868, "fair_value": 19.427941, "relative_strength": -17.541381, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.023091, "energy": 28.263334, "activity_lines": [ 22.863089, 23.069735, 23.585084, 23.586613 ] }, { "date": "2024-05-24", "close": 23.108322, "volume": 1879878, "typical_volume": 2848360.15, "trend": 23.471452, "fair_value": 19.475056, "relative_strength": -18.21489, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.563195, "energy": 14.762442, "activity_lines": [ 23.010857, 23.033723, 23.525573, 23.565417 ] }, { "date": "2024-05-31", "close": 24.428797, "volume": 5014586, "typical_volume": 2989558.9, "trend": 23.54062, "fair_value": 19.530636, "relative_strength": -11.616016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.509082, "energy": 11.407729, "activity_lines": [ 23.529616, 23.2498, 23.590699, 23.627181 ] }, { "date": "2024-06-07", "close": 26.220869, "volume": 8746465, "typical_volume": 3331748.1, "trend": 23.671095, "fair_value": 19.590803, "relative_strength": -7.799062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.969842, "energy": 42.873649, "activity_lines": [ 24.488532, 23.789995, 23.820659, 23.8001 ] }, { "date": "2024-06-14", "close": 29.144781, "volume": 14068111, "typical_volume": 3761703.95, "trend": 23.90375, "fair_value": 19.668886, "relative_strength": -0.354111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.394302, "energy": 86.174737, "activity_lines": [ 26.211438, 24.813792, 24.314939, 24.153241 ] }, { "date": "2024-06-21", "close": 29.66354, "volume": 14425993, "typical_volume": 4347751.9, "trend": 24.120686, "fair_value": 19.752226, "relative_strength": -1.694172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.998636, "energy": 94.640814, "activity_lines": [ 27.70169, 25.841877, 24.833922, 24.52484 ] }, { "date": "2024-06-28", "close": 27.630804, "volume": 6660127, "typical_volume": 4571873.9, "trend": 24.266719, "fair_value": 19.822535, "relative_strength": -7.12705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.100127, "energy": 84.962053, "activity_lines": [ 28.074204, 26.394907, 25.130791, 24.7513 ] }, { "date": "2024-07-05", "close": 30.556984, "volume": 26298593, "typical_volume": 5724957.75, "trend": 24.50086, "fair_value": 19.910774, "relative_strength": 0.676008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.416572, "energy": 90.719324, "activity_lines": [ 29.120612, 27.378878, 25.687278, 25.157123 ] }, { "date": "2024-07-12", "close": 28.830057, "volume": 8483607, "typical_volume": 5733302.05, "trend": 24.675864, "fair_value": 19.975523, "relative_strength": -6.19563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.066306, "energy": 73.916048, "activity_lines": [ 29.182833, 27.894569, 26.052135, 25.436426 ] }, { "date": "2024-07-19", "close": 27.678774, "volume": 10627166, "typical_volume": 6046262.75, "trend": 24.831357, "fair_value": 20.0213, "relative_strength": -5.467507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.208412, "energy": 52.257796, "activity_lines": [ 28.687347, 28.096047, 26.292226, 25.630162 ] }, { "date": "2024-07-26", "close": 25.903879, "volume": 3758397, "typical_volume": 6040174.7, "trend": 24.927686, "fair_value": 20.033896, "relative_strength": -8.211419, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.876225, "energy": 35.866828, "activity_lines": [ 27.697962, 27.890859, 26.354766, 25.699357 ] }, { "date": "2024-08-02", "close": 24.896507, "volume": 3867506, "typical_volume": 6088463.9, "trend": 24.995152, "fair_value": 20.034238, "relative_strength": -9.302501, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.98481, "energy": 19.585946, "activity_lines": [ 26.623431, 27.450828, 26.315239, 25.697346 ] }, { "date": "2024-08-09", "close": 23.457401, "volume": 5905609, "typical_volume": 6268074.25, "trend": 25.003644, "fair_value": 20.032531, "relative_strength": -13.490708, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.538888, "energy": 19.951496, "activity_lines": [ 25.251485, 26.716628, 26.133284, 25.598136 ] }, { "date": "2024-08-16", "close": 23.889132, "volume": 2568518, "typical_volume": 6318130.35, "trend": 25.024955, "fair_value": 20.041872, "relative_strength": -14.967315, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.787462, "energy": 25.883852, "activity_lines": [ 24.496754, 26.078587, 25.996622, 25.526232 ] }, { "date": "2024-08-23", "close": 24.176954, "volume": 1912989, "typical_volume": 6368622.8, "trend": 25.032281, "fair_value": 20.070733, "relative_strength": -12.75434, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.274879, "energy": 28.13082, "activity_lines": [ 24.16736, 25.535272, 25.885899, 25.471522 ] }, { "date": "2024-08-30", "close": 25.136356, "volume": 4799200, "typical_volume": 6480413.55, "trend": 25.081018, "fair_value": 20.109938, "relative_strength": -9.351084, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.952808, "energy": 23.872583, "activity_lines": [ 24.39122, 25.256718, 25.866625, 25.478237 ] }, { "date": "2024-09-06", "close": 23.26552, "volume": 3922139, "typical_volume": 6530766.1, "trend": 25.068966, "fair_value": 20.12988, "relative_strength": -12.458831, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.62405, "energy": 26.280721, "activity_lines": [ 24.042637, 24.720324, 25.663111, 25.361108 ] }, { "date": "2024-09-13", "close": 22.929729, "volume": 1821329, "typical_volume": 6534824.0, "trend": 25.004849, "fair_value": 20.143196, "relative_strength": -14.684602, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.539205, "energy": 30.132591, "activity_lines": [ 23.690856, 24.202247, 25.421928, 25.223093 ] }, { "date": "2024-09-20", "close": 22.88176, "volume": 1440633, "typical_volume": 6524684.65, "trend": 24.912409, "fair_value": 20.16683, "relative_strength": -16.055356, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.300446, "energy": 31.647055, "activity_lines": [ 23.358263, 23.814125, 25.172087, 25.086119 ] }, { "date": "2024-09-27", "close": 23.26552, "volume": 1634925, "typical_volume": 6486084.65, "trend": 24.824901, "fair_value": 20.199357, "relative_strength": -16.773772, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.716018, "energy": 41.00283, "activity_lines": [ 23.220748, 23.603928, 24.959649, 24.979868 ] }, { "date": "2024-10-04", "close": 25.999819, "volume": 7052775, "typical_volume": 6744427.3, "trend": 24.870981, "fair_value": 20.24997, "relative_strength": -4.594423, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.847272, "energy": 12.070502, "activity_lines": [ 24.055429, 23.971118, 25.006646, 25.055669 ] }, { "date": "2024-10-11", "close": 27.247042, "volume": 74061671, "typical_volume": 10353516.95, "trend": 24.98693, "fair_value": 20.316128, "relative_strength": -2.478946, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.855072, "energy": 15.521498, "activity_lines": [ 25.248286, 24.563331, 25.158434, 25.208964 ] }, { "date": "2024-10-18", "close": 25.807938, "volume": 50249424, "typical_volume": 12615258.85, "trend": 25.036046, "fair_value": 20.371943, "relative_strength": -9.630734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.964884, "energy": 18.703927, "activity_lines": [ 25.696008, 24.851152, 25.153455, 25.261932 ] }, { "date": "2024-10-25", "close": 25.759968, "volume": 15074246, "typical_volume": 12931647.9, "trend": 25.108714, "fair_value": 20.425214, "relative_strength": -8.881034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.887362, "energy": 24.105891, "activity_lines": [ 25.935858, 25.087514, 25.137341, 25.308636 ] }, { "date": "2024-11-01", "close": 24.992445, "volume": 8316069, "typical_volume": 12644045.8, "trend": 25.135362, "fair_value": 20.466852, "relative_strength": -9.01883, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.893722, "energy": 21.182859, "activity_lines": [ 25.727988, 25.150311, 25.050324, 25.301135 ] }, { "date": "2024-11-08", "close": 24.656656, "volume": 6862809, "typical_volume": 12265886.6, "trend": 25.161821, "fair_value": 20.508017, "relative_strength": -12.786289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.249816, "energy": 6.820502, "activity_lines": [ 25.293059, 25.137228, 24.9511, 25.270251 ] }, { "date": "2024-11-15", "close": 23.26552, "volume": 6852772, "typical_volume": 12275518.85, "trend": 25.201645, "fair_value": 20.538585, "relative_strength": -14.408508, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.431376, "energy": 28.544764, "activity_lines": [ 24.483962, 24.879934, 24.743229, 25.147909 ] }, { "date": "2024-11-22", "close": 23.073639, "volume": 4212119, "typical_volume": 11171195.15, "trend": 25.235073, "fair_value": 20.568204, "relative_strength": -15.260404, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.272461, "energy": 48.266577, "activity_lines": [ 23.87634, 24.587752, 24.537871, 25.010618 ] }, { "date": "2024-11-29", "close": 24.608685, "volume": 28585580, "typical_volume": 12176293.8, "trend": 25.286657, "fair_value": 20.602908, "relative_strength": -6.67328, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.307978, "energy": 42.527924, "activity_lines": [ 23.962687, 24.572053, 24.514343, 24.970206 ] }, { "date": "2024-12-06", "close": 25.999819, "volume": 51566577, "typical_volume": 14223264.35, "trend": 25.384613, "fair_value": 20.647928, "relative_strength": -4.995581, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.007143, "energy": 18.840577, "activity_lines": [ 24.589497, 24.777888, 24.643406, 25.016216 ] }, { "date": "2024-12-13", "close": 25.328238, "volume": 28856063, "typical_volume": 15478147.65, "trend": 25.460182, "fair_value": 20.68361, "relative_strength": -6.398043, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.558091, "energy": 7.476852, "activity_lines": [ 24.925288, 24.811904, 24.716503, 25.012579 ] }, { "date": "2024-12-20", "close": 24.128983, "volume": 12640493, "typical_volume": 15916797.0, "trend": 25.494204, "fair_value": 20.704054, "relative_strength": -8.455393, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.565433, "energy": 17.324742, "activity_lines": [ 24.816556, 24.640083, 24.678127, 24.926696 ] }, { "date": "2024-12-27", "close": 24.608685, "volume": 8375027, "typical_volume": 16040267.9, "trend": 25.5002, "fair_value": 20.734284, "relative_strength": -9.369023, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.20256, "energy": 14.510523, "activity_lines": [ 24.81016, 24.612174, 24.689092, 24.869565 ] }, { "date": "2025-01-03", "close": 23.985073, "volume": 8789626, "typical_volume": 16351323.3, "trend": 25.425674, "fair_value": 20.756322, "relative_strength": -9.864902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.429973, "energy": 17.475198, "activity_lines": [ 24.493557, 24.492684, 24.635182, 24.771815 ] }, { "date": "2025-01-10", "close": 22.929729, "volume": 7376029, "typical_volume": 16624475.3, "trend": 25.218505, "fair_value": 20.771315, "relative_strength": -13.749612, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.465892, "energy": 44.499394, "activity_lines": [ 23.866746, 24.213585, 24.480307, 24.610787 ] }, { "date": "2025-01-17", "close": 22.210176, "volume": 5243304, "typical_volume": 16646680.5, "trend": 24.97006, "fair_value": 20.790086, "relative_strength": -16.453538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.557781, "energy": 61.678627, "activity_lines": [ 23.204758, 23.841162, 24.262843, 24.416701 ] }, { "date": "2025-01-24", "close": 22.929729, "volume": 2389605, "typical_volume": 16570053.8, "trend": 24.813357, "fair_value": 20.821858, "relative_strength": -14.620392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.995177, "energy": 61.935225, "activity_lines": [ 22.990491, 23.644048, 24.127841, 24.285067 ] }, { "date": "2025-02-07", "close": 23.025669, "volume": 3049117, "typical_volume": 16631443.2, "trend": 24.562313, "fair_value": 20.855083, "relative_strength": -13.610548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.304187, "energy": 61.970445, "activity_lines": [ 22.888155, 23.470484, 24.003575, 24.169732 ] }, { "date": "2025-02-14", "close": 23.457401, "volume": 3959521, "typical_volume": 16757387.6, "trend": 24.383225, "fair_value": 20.893873, "relative_strength": -10.308434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.641528, "energy": 48.744621, "activity_lines": [ 23.035263, 23.376288, 23.91997, 24.098447 ] }, { "date": "2025-02-21", "close": 23.457401, "volume": 2505118, "typical_volume": 16800897.25, "trend": 24.242512, "fair_value": 20.922316, "relative_strength": -11.971421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.967582, "energy": 29.82632, "activity_lines": [ 23.21755, 23.303024, 23.833624, 24.038717 ] }, { "date": "2025-02-28", "close": 23.31349, "volume": 2190717, "typical_volume": 16557794.35, "trend": 24.156166, "fair_value": 20.953193, "relative_strength": -9.403742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.394579, "energy": 22.11576, "activity_lines": [ 23.316688, 23.249821, 23.732658, 23.97878 ] }, { "date": "2025-03-07", "close": 23.457401, "volume": 3146340, "typical_volume": 13012027.8, "trend": 24.108196, "fair_value": 20.991983, "relative_strength": -6.388712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.268068, "energy": 18.611306, "activity_lines": [ 23.390243, 23.259415, 23.65819, 23.933698 ] }, { "date": "2025-03-14", "close": 23.553341, "volume": 2981474, "typical_volume": 10648630.3, "trend": 24.111394, "fair_value": 21.028311, "relative_strength": -3.1155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.908781, "energy": 16.996672, "activity_lines": [ 23.460599, 23.298663, 23.610905, 23.897901 ] }, { "date": "2025-03-21", "close": 23.793192, "volume": 3768509, "typical_volume": 10083343.45, "trend": 24.108196, "fair_value": 21.07233, "relative_strength": -2.961354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.674, "energy": 14.815512, "activity_lines": [ 23.575727, 23.400709, 23.5972, 23.877372 ] }, { "date": "2025-03-28", "close": 23.649282, "volume": 41394216, "typical_volume": 11737250.8, "trend": 24.090607, "fair_value": 21.11207, "relative_strength": -0.654366, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.702564, "energy": 14.376655, "activity_lines": [ 23.6205, 23.480078, 23.579154, 23.847764 ] }, { "date": "2025-04-04", "close": 22.066267, "volume": 14185800, "typical_volume": 12103400.35, "trend": 23.988271, "fair_value": 21.141663, "relative_strength": -5.77135, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.772372, "energy": 29.870298, "activity_lines": [ 23.124808, 23.258543, 23.416741, 23.717162 ] }, { "date": "2025-04-11", "close": 17.125343, "volume": 15621304, "typical_volume": 12541826.95, "trend": 23.783598, "fair_value": 21.142379, "relative_strength": -19.80577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.672168, "energy": 79.972049, "activity_lines": [ 21.06529, 22.141275, 22.796098, 23.274392 ] }, { "date": "2025-04-18", "close": 17.653013, "volume": 9029929, "typical_volume": 12782717.45, "trend": 23.607707, "fair_value": 21.150114, "relative_strength": -16.411122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.778246, "energy": 91.296649, "activity_lines": [ 19.6038, 21.225481, 22.254949, 22.878871 ] }, { "date": "2025-04-25", "close": 18.228655, "volume": 3121402, "typical_volume": 11509508.55, "trend": 23.452604, "fair_value": 21.165733, "relative_strength": -15.442147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.661287, "energy": 89.921554, "activity_lines": [ 18.727545, 20.512034, 21.794436, 22.531835 ] }, { "date": "2025-05-02", "close": 18.948208, "volume": 3946925, "typical_volume": 9128525.95, "trend": 23.308694, "fair_value": 21.186524, "relative_strength": -15.695706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.51165, "energy": 87.519348, "activity_lines": [ 18.46211, 20.024483, 21.432832, 22.241229 ] }, { "date": "2025-05-09", "close": 19.236029, "volume": 4480840, "typical_volume": 7909764.8, "trend": 23.083234, "fair_value": 21.21727, "relative_strength": -14.610524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.296239, "energy": 80.068946, "activity_lines": [ 18.606021, 19.671249, 21.13222, 21.978476 ] }, { "date": "2025-05-16", "close": 19.571819, "volume": 3423920, "typical_volume": 7448936.15, "trend": 22.827393, "fair_value": 21.251286, "relative_strength": -16.489067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.120771, "energy": 52.579704, "activity_lines": [ 19.050544, 19.453202, 20.892597, 21.751933 ] }, { "date": "2025-05-23", "close": 19.331968, "volume": 2435217, "typical_volume": 7151945.65, "trend": 22.611527, "fair_value": 21.286282, "relative_strength": -16.49582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.401345, "energy": 42.618887, "activity_lines": [ 19.252018, 19.262194, 20.651833, 21.526422 ] }, { "date": "2025-05-30", "close": 19.236029, "volume": 1838182, "typical_volume": 6804373.45, "trend": 22.394063, "fair_value": 21.312833, "relative_strength": -15.464155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.924297, "energy": 34.354889, "activity_lines": [ 19.309583, 19.130494, 20.427059, 21.308648 ] }, { "date": "2025-06-06", "close": 18.372566, "volume": 2710181, "typical_volume": 6571081.05, "trend": 22.1734, "fair_value": 21.336646, "relative_strength": -19.985834, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.675649, "energy": 37.755605, "activity_lines": [ 19.012168, 18.924659, 20.142664, 21.049197 ] }, { "date": "2025-06-13", "close": 18.228655, "volume": 2384538, "typical_volume": 6428142.75, "trend": 21.959134, "fair_value": 21.357858, "relative_strength": -21.563606, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -62.389172, "energy": 44.23411, "activity_lines": [ 18.705159, 18.788598, 19.866265, 20.794697 ] }, { "date": "2025-06-20", "close": 17.365192, "volume": 1847675, "typical_volume": 6401046.25, "trend": 21.762456, "fair_value": 21.374933, "relative_strength": -24.487017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.16699, "energy": 50.452927, "activity_lines": [ 18.177487, 18.565318, 19.52659, 20.498314 ] }, { "date": "2025-06-27", "close": 17.700985, "volume": 1058444, "typical_volume": 6301512.6, "trend": 21.583367, "fair_value": 21.402829, "relative_strength": -24.160784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.093318, "energy": 58.258798, "activity_lines": [ 17.908855, 18.398731, 19.245394, 20.236283 ] }, { "date": "2025-07-04", "close": 17.65, "volume": 1500223, "typical_volume": 6178547.7, "trend": 21.351411, "fair_value": 21.430399, "relative_strength": -23.678038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.315836, "energy": 64.475418, "activity_lines": [ 17.731959, 18.222002, 18.984698, 19.982518 ] }, { "date": "2025-07-11", "close": 17.450001, "volume": 1689098, "typical_volume": 6137746.7, "trend": 21.066417, "fair_value": 21.460043, "relative_strength": -24.467052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.798196, "energy": 79.816172, "activity_lines": [ 17.594133, 18.019431, 18.732608, 19.730814 ] }, { "date": "2025-07-18", "close": 17.85, "volume": 782595, "typical_volume": 6067340.6, "trend": 20.817143, "fair_value": 21.49253, "relative_strength": -24.189619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.047442, "energy": 71.619361, "activity_lines": [ 17.651144, 17.916826, 18.54722, 19.523303 ] }, { "date": "2025-07-25", "close": 17.700001, "volume": 837027, "typical_volume": 5951874.95, "trend": 20.602843, "fair_value": 21.532166, "relative_strength": -24.11017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.786103, "energy": 63.017427, "activity_lines": [ 17.6834, 17.81215, 18.373563, 19.322197 ] }, { "date": "2025-08-01", "close": 17.65, "volume": 1019202, "typical_volume": 5853761.35, "trend": 20.370887, "fair_value": 21.552185, "relative_strength": -23.938195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.026751, "energy": 49.102197, "activity_lines": [ 17.676667, 17.732415, 18.222561, 19.131691 ] }, { "date": "2025-08-08", "close": 17.85, "volume": 1463707, "typical_volume": 5738521.25, "trend": 20.166385, "fair_value": 21.574605, "relative_strength": -24.357041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.970815, "energy": 40.321715, "activity_lines": [ 17.74, 17.719626, 18.118717, 18.969053 ] }, { "date": "2025-08-15", "close": 18.549999, "volume": 1922524, "typical_volume": 3764936.65, "trend": 20.020394, "fair_value": 21.592564, "relative_strength": -21.89743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.584045, "energy": 30.246857, "activity_lines": [ 18.023333, 17.859309, 18.109841, 18.86477 ] }, { "date": "2025-08-22", "close": 18.200001, "volume": 2459028, "typical_volume": 3178598.05, "trend": 19.886721, "fair_value": 21.608279, "relative_strength": -21.061703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.32946, "energy": 22.631998, "activity_lines": [ 18.116667, 17.93213, 18.091914, 18.747325 ] }, { "date": "2025-08-29", "close": 18.75, "volume": 2023201, "typical_volume": 2498692.9, "trend": 19.747397, "fair_value": 21.627799, "relative_strength": -19.743991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.321078, "energy": 17.99221, "activity_lines": [ 18.37, 18.105473, 18.144778, 18.673989 ] }, { "date": "2025-09-05", "close": 18.6, "volume": 3540372, "typical_volume": 2224215.05, "trend": 19.599875, "fair_value": 21.646285, "relative_strength": -20.651153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.780237, "energy": 15.29582, "activity_lines": [ 18.503333, 18.226364, 18.17562, 18.599963 ] }, { "date": "2025-09-12", "close": 18.1, "volume": 2807879, "typical_volume": 2208538.9, "trend": 19.421295, "fair_value": 21.665452, "relative_strength": -25.191277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.472925, "energy": 11.963214, "activity_lines": [ 18.406667, 18.24, 18.154334, 18.503197 ] }, { "date": "2025-09-19", "close": 18.65, "volume": 1358348, "typical_volume": 2079110.05, "trend": 19.261048, "fair_value": 21.688742, "relative_strength": -22.722711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.553502, "energy": 9.415905, "activity_lines": [ 18.476667, 18.345455, 18.186041, 18.453436 ] }, { "date": "2025-09-26", "close": 18.1, "volume": 2171257, "typical_volume": 1963630.9, "trend": 19.087265, "fair_value": 21.702528, "relative_strength": -24.507282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.238702, "energy": 8.348124, "activity_lines": [ 18.356667, 18.329091, 18.166788, 18.37853 ] }, { "date": "2025-10-03", "close": 18.25, "volume": 756316, "typical_volume": 1830250.7, "trend": 18.913685, "fair_value": 21.718471, "relative_strength": -26.732852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.821869, "energy": 13.408093, "activity_lines": [ 18.293333, 18.335455, 18.16723, 18.324513 ] }, { "date": "2025-10-10", "close": 18.15, "volume": 678347, "typical_volume": 1742407.2, "trend": 18.733573, "fair_value": 21.735267, "relative_strength": -27.830809, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.920494, "energy": 13.947668, "activity_lines": [ 18.23, 18.313636, 18.164442, 18.275243 ] }, { "date": "2025-10-17", "close": 17.65, "volume": 1925054, "typical_volume": 1746750.8, "trend": 18.5288, "fair_value": 21.754838, "relative_strength": -29.014989, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.068995, "energy": 23.70182, "activity_lines": [ 18.03, 18.191818, 18.119664, 18.205335 ] }, { "date": "2025-10-24", "close": 17.6, "volume": 877328, "typical_volume": 1655108.15, "trend": 18.327158, "fair_value": 21.783056, "relative_strength": -29.11928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.547147, "energy": 33.147325, "activity_lines": [ 17.843333, 18.064545, 18.077676, 18.145412 ] }, { "date": "2025-10-31", "close": 17.9, "volume": 1596916, "typical_volume": 1615727.05, "trend": 18.188282, "fair_value": 21.816785, "relative_strength": -28.990631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.281709, "energy": 32.626432, "activity_lines": [ 17.826667, 18.009091, 18.067939, 18.117853 ] }, { "date": "2025-11-07", "close": 18.1, "volume": 1284485, "typical_volume": 1587567.55, "trend": 18.220771, "fair_value": 21.8506, "relative_strength": -25.980563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.014314, "energy": 27.946558, "activity_lines": [ 17.89, 17.995455, 18.078814, 18.112158 ] }, { "date": "2025-11-14", "close": 18.35, "volume": 2337685, "typical_volume": 1651529.6, "trend": 18.244004, "fair_value": 21.881235, "relative_strength": -23.636604, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.245879, "energy": 11.695384, "activity_lines": [ 18.046667, 18.039091, 18.11, 18.120495 ] }, { "date": "2025-11-21", "close": 17.450001, "volume": 2539577, "typical_volume": 1703497.3, "trend": 18.218048, "fair_value": 21.904904, "relative_strength": -24.134129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.469874, "energy": 21.449902, "activity_lines": [ 17.89, 17.923637, 18.052381, 18.069269 ] }, { "date": "2025-11-28", "close": 18.35, "volume": 1191122, "typical_volume": 1678598.5, "trend": 18.198108, "fair_value": 21.933147, "relative_strength": -23.07874, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.944039, "energy": 6.388937, "activity_lines": [ 18.046667, 17.983637, 18.081429, 18.077782 ] }, { "date": "2025-12-05", "close": 18.4, "volume": 923916, "typical_volume": 1685664.55, "trend": 18.170241, "fair_value": 21.952443, "relative_strength": -23.078987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.651966, "energy": 6.674532, "activity_lines": [ 18.17, 18.058182, 18.110952, 18.090807 ] }, { "date": "2025-12-12", "close": 18.6, "volume": 1325695, "typical_volume": 1710097.95, "trend": 18.137847, "fair_value": 21.970032, "relative_strength": -22.032415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.314778, "energy": 20.689904, "activity_lines": [ 18.326667, 18.163636, 18.156905, 18.118534 ] }, { "date": "2025-12-19", "close": 18.700001, "volume": 1763223, "typical_volume": 1747299.0, "trend": 18.116781, "fair_value": 21.989757, "relative_strength": -19.414764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.614879, "energy": 39.793722, "activity_lines": [ 18.483334, 18.280909, 18.208095, 18.154802 ] }, { "date": "2025-12-26", "close": 18.5, "volume": 787001, "typical_volume": 1713463.7, "trend": 18.092247, "fair_value": 22.009395, "relative_strength": -21.916677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.34926, "energy": 42.473541, "activity_lines": [ 18.55, 18.351818, 18.235238, 18.179526 ] }, { "date": "2026-01-02", "close": 18.450001, "volume": 737002, "typical_volume": 1654187.6, "trend": 18.094828, "fair_value": 22.033795, "relative_strength": -23.473521, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.904046, "energy": 38.803988, "activity_lines": [ 18.530001, 18.398182, 18.254524, 18.202607 ] }, { "date": "2026-01-09", "close": 18.299999, "volume": 1559662, "typical_volume": 1609219.3, "trend": 18.097206, "fair_value": 22.057532, "relative_strength": -25.678733, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.869733, "energy": 23.999571, "activity_lines": [ 18.453333, 18.401818, 18.26, 18.215843 ] }, { "date": "2026-01-16", "close": 21.200001, "volume": 9224076, "typical_volume": 1969263.05, "trend": 18.225033, "fair_value": 22.095374, "relative_strength": -16.334282, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.603575, "energy": 62.703975, "activity_lines": [ 19.35, 18.925455, 18.541191, 18.416024 ] }, { "date": "2026-01-23", "close": 20.049999, "volume": 5672753, "typical_volume": 2075882.1, "trend": 18.303333, "fair_value": 22.124949, "relative_strength": -21.620753, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.489139, "energy": 60.748124, "activity_lines": [ 19.69, 19.183636, 18.701191, 18.533764 ] }, { "date": "2026-01-30", "close": 19.200001, "volume": 3459056, "typical_volume": 2108440.95, "trend": 18.355, "fair_value": 22.144889, "relative_strength": -24.501031, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.728189, "energy": 55.759142, "activity_lines": [ 19.656667, 19.256364, 18.773334, 18.591613 ] }, { "date": "2026-02-06", "close": 19.200001, "volume": 1631059, "typical_volume": 2122076.5, "trend": 18.413334, "fair_value": 22.151974, "relative_strength": -23.131983, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.126543, "energy": 54.998855, "activity_lines": [ 19.576667, 19.297273, 18.840238, 18.646129 ] }, { "date": "2026-02-13", "close": 19.200001, "volume": 909750, "typical_volume": 2059001.15, "trend": 18.458334, "fair_value": 22.145607, "relative_strength": -26.506758, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.143162, "energy": 28.816338, "activity_lines": [ 19.446667, 19.322728, 18.904524, 18.696882 ] }, { "date": "2026-02-27", "close": 18.85, "volume": 1767468, "typical_volume": 2109558.75, "trend": 18.496667, "fair_value": 22.136996, "relative_strength": -30.750127, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.6348, "energy": 16.159266, "activity_lines": [ 19.140001, 19.27, 18.930238, 18.722151 ] }, { "date": "2026-03-06", "close": 17.5, "volume": 2042598, "typical_volume": 2177771.3, "trend": 18.491667, "fair_value": 22.122123, "relative_strength": -31.395037, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.982131, "energy": 12.399864, "activity_lines": [ 18.54, 18.967273, 18.824524, 18.65785 ] }, { "date": "2026-03-13", "close": 20.1, "volume": 4049943, "typical_volume": 2284015.75, "trend": 18.566667, "fair_value": 22.121525, "relative_strength": -19.844519, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.630387, "energy": 19.16479, "activity_lines": [ 18.976667, 19.159091, 18.969524, 18.761613 ] }, { "date": "2026-03-20", "close": 21.299999, "volume": 32329068, "typical_volume": 3856602.75, "trend": 18.658334, "fair_value": 22.124135, "relative_strength": -14.464825, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.782396, "energy": 31.158537, "activity_lines": [ 19.753333, 19.54, 19.217143, 18.937957 ] }, { "date": "2026-03-27", "close": 20.299999, "volume": 22103681, "typical_volume": 4881941.0, "trend": 18.728333, "fair_value": 22.12452, "relative_strength": -16.426664, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.047228, "energy": 36.665495, "activity_lines": [ 20.056666, 19.687273, 19.351905, 19.043871 ] }, { "date": "2026-04-03", "close": 21.299999, "volume": 14129958, "typical_volume": 5524214.65, "trend": 18.813333, "fair_value": 22.124141, "relative_strength": -9.813365, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.574011, "energy": 56.516795, "activity_lines": [ 20.619999, 19.98, 19.570476, 19.209785 ] }, { "date": "2026-04-10", "close": 22.25, "volume": 30637667, "typical_volume": 6939213.75, "trend": 18.935, "fair_value": 22.131346, "relative_strength": -12.412083, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.818914, "energy": 65.005264, "activity_lines": [ 21.336666, 20.443636, 19.864286, 19.431505 ] }, { "date": "2026-04-17", "close": 24.75, "volume": 23784093, "typical_volume": 8001439.55, "trend": 19.156667, "fair_value": 22.15368, "relative_strength": -5.724342, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.981096, "energy": 75.927539, "activity_lines": [ 22.57, 21.321818, 20.377619, 19.806667 ] }, { "date": "2026-04-24", "close": 23.15, "volume": 46268636, "typical_volume": 10255315.25, "trend": 19.306667, "fair_value": 22.152005, "relative_strength": -15.923655, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.415595, "energy": 68.597565, "activity_lines": [ 22.96, 21.808182, 20.703809, 20.064301 ] }, { "date": "2026-05-01", "close": 23.35, "volume": 11828152, "typical_volume": 10800527.05, "trend": 19.481667, "fair_value": 22.16118, "relative_strength": -14.446296, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.373988, "energy": 66.583903, "activity_lines": [ 23.293333, 22.259091, 21.02619, 20.325161 ] }, { "date": "2026-05-08", "close": 23.6, "volume": 13231368, "typical_volume": 11395810.7, "trend": 19.66, "fair_value": 22.174647, "relative_strength": -18.323615, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.099102, "energy": 58.981061, "activity_lines": [ 23.506667, 22.68, 21.348809, 20.59086 ] }, { "date": "2026-05-15", "close": 23.85, "volume": 9119712, "typical_volume": 11763635.15, "trend": 19.85, "fair_value": 22.177759, "relative_strength": -15.79942, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.156015, "energy": 44.942008, "activity_lines": [ 23.65, 23.06, 21.671428, 20.861183 ] }, { "date": "2026-05-22", "close": 26.75, "volume": 17307556, "typical_volume": 12589662.9, "trend": 20.153333, "fair_value": 22.21112, "relative_strength": -7.327476, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.739328, "energy": 53.738617, "activity_lines": [ 24.653333, 23.851818, 22.245714, 21.306344 ] }, { "date": "2026-05-29", "close": 25.950001, "volume": 11415160, "typical_volume": 13123570.8, "trend": 20.431667, "fair_value": 22.233373, "relative_strength": -14.298175, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.872643, "energy": 52.782731, "activity_lines": [ 25.256667, 24.377273, 22.704524, 21.680323 ] }, { "date": "2026-06-05", "close": 24.25, "volume": 8373688, "typical_volume": 13464272.1, "trend": 20.643333, "fair_value": 22.245925, "relative_strength": -19.684733, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.392367, "energy": 44.946769, "activity_lines": [ 25.106667, 24.509091, 22.965714, 21.926667 ] }, { "date": "2026-06-12", "close": 22.75, "volume": 4025339, "typical_volume": 13204335.25, "trend": 20.798333, "fair_value": 22.241089, "relative_strength": -22.371782, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.943111, "energy": 37.791288, "activity_lines": [ 24.396667, 24.296364, 23.055714, 22.062581 ] }, { "date": "2026-06-19", "close": 23.950001, "volume": 2712122, "typical_volume": 13056303.7, "trend": 20.985, "fair_value": 22.240657, "relative_strength": -21.610357, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.46847, "energy": 25.693034, "activity_lines": [ 24.143334, 24.275455, 23.252619, 22.265914 ] }, { "date": "2026-06-26", "close": 26.450001, "volume": 42570251, "typical_volume": 15011863.45, "trend": 21.285, "fair_value": 22.258642, "relative_strength": -9.234382, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.046995, "energy": 32.285048, "activity_lines": [ 24.716667, 24.678182, 23.669048, 22.618495 ] }, { "date": "2026-07-03", "close": 28.25, "volume": 17569094, "typical_volume": 15808765.2, "trend": 21.615, "fair_value": 22.287567, "relative_strength": -7.143158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.25141, "energy": 42.006156, "activity_lines": [ 25.91, 25.377273, 24.222381, 23.06785 ] }, { "date": "2026-07-10", "close": 25.549999, "volume": 0, "typical_volume": 15763277.7, "trend": 21.853333, "fair_value": 22.287825, "relative_strength": -12.811669, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.588765, "energy": 41.329257, "activity_lines": [ 26.05, 25.492727, 24.475476, 23.32172 ] }, { "date": "2026-07-17", "close": 21.25, "volume": 1546564, "typical_volume": 15752232.5, "trend": 21.941667, "fair_value": 22.267395, "relative_strength": -22.303138, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.721222, "energy": 19.047054, "activity_lines": [ 24.67, 24.786364, 24.28881, 23.282796 ] }, { "date": "2026-07-24", "close": 21.1, "volume": 5331195, "typical_volume": 15916662.35, "trend": 22.021667, "fair_value": 22.249382, "relative_strength": -23.950816, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.063034, "energy": 8.686947, "activity_lines": [ 23.34, 24.095455, 24.076429, 23.228495 ] }, { "date": "2026-07-31", "close": 19.85, "volume": 5400806, "typical_volume": 15984205.5, "trend": 22.066667, "fair_value": 22.217612, "relative_strength": -26.910976, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.523837, "energy": 30.927084, "activity_lines": [ 21.783333, 23.227273, 23.727857, 23.088387 ] }, { "date": "2026-08-07", "close": 21.200001, "volume": 5713674, "typical_volume": 14653435.8, "trend": 22.158333, "fair_value": 22.198124, "relative_strength": -23.25095, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.798484, "energy": 31.869872, "activity_lines": [ 21.116667, 22.73, 23.509048, 23.032473 ] }, { "date": "2026-08-14", "close": 20.549999, "volume": 2657424, "typical_volume": 13681122.95, "trend": 22.233333, "fair_value": 22.164795, "relative_strength": -27.521038, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.289559, "energy": 46.440665, "activity_lines": [ 20.703333, 22.200909, 23.22881, 22.92871 ] }, { "date": "2026-08-21", "close": 20.700001, "volume": 2569335, "typical_volume": 13103091.8, "trend": 22.216667, "fair_value": 22.150264, "relative_strength": -25.338235, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.891099, "energy": 46.591993, "activity_lines": [ 20.673334, 21.766364, 22.961667, 22.829785 ] } ], "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." } } }