{ "ticker": { "uuid": "57d6ea6e-d124-480d-b637-3b3144f6c045", "symbol": "SEBS", "name": "SEB SA", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 89.069, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.957, "architecture_energy": 79.75, "architecture_maturity": 42.697, "architecture_confidence": 62.455, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.56, "rotation_up": 77.3, "upward_expansion": 90.33, "deceleration": 44.8, "rotation_down": 11.44, "downward_expansion": 19.33 }, "activity_lines": [ 55.52, 53.029637, 51.650673, 50.194387 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 58.75, "trend_reference": 48.605468, "distance_from_trend": 0.208712, "trend_direction": "Improving", "fair_value": 74.80304, "distance_from_fair_value": -0.214604, "fair_value_direction": "Improving", "relative_strength": -4.409635, "relative_strength_direction": "Improving", "price_momentum": 0.250144, "excess_performance": 0.075897, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.208712, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042902, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.214604, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.123727, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044096, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.188847, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.250144, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.007299, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.007299, "dry_up": 1.376769, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.067422, "annualized_volatility": 0.396945, "from_high_reference": -0.092664, "from_low_reference": 0.512595 }, "levels": { "trend_reference": 48.605468, "fair_value_reference": 74.80304, "structural_low": 38.840539, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.005293, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": 0.005659, "regime_survival": 0.75, "best_return": 0.263441, "worst_return": -0.159892, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.021772, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.014395, "regime_survival": 0.333333, "best_return": 0.039378, "worst_return": 0.002698, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.052417, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.028249, "regime_survival": 0.0, "best_return": 0.080306, "worst_return": 0.024528, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.014079, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.094383, "regime_survival": 0.0, "best_return": 0.191951, "worst_return": -0.163794, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-02-09", "tenure": "New", "return": 0.017841, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-16", "end": "2024-05-17", "tenure": "Established", "return": 0.021486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-28", "tenure": "Developing", "return": -0.05689, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-05", "end": "2024-10-11", "tenure": "Established", "return": -0.022395, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-22", "tenure": "Developing", "return": -0.092527, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-02-14", "tenure": "Developing", "return": 0.021265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.04973, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.126266, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-18", "tenure": "Developing", "return": -0.052465, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-25", "end": "2026-02-27", "tenure": "Extended", "return": -0.217195, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.091297, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.176871, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.020696, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.193221, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 89.622719, "volume": 0, "typical_volume": 0.0, "trend": 86.572859, "fair_value": 98.823747, "relative_strength": 18.133649, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.673739, "energy": 67.67229, "activity_lines": [ 89.721109, 87.733018, 85.994929, 86.376893 ] }, { "date": "2023-08-25", "close": 90.069939, "volume": 0, "typical_volume": 0.0, "trend": 86.862731, "fair_value": 98.766156, "relative_strength": 18.797147, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.045274, "energy": 63.336217, "activity_lines": [ 90.019255, 88.536385, 86.374713, 86.602511 ] }, { "date": "2023-09-01", "close": 91.053825, "volume": 0, "typical_volume": 0.0, "trend": 87.09387, "fair_value": 98.715749, "relative_strength": 16.75458, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.42426, "energy": 77.061218, "activity_lines": [ 90.409827, 89.303977, 86.839376, 86.872904 ] }, { "date": "2023-09-08", "close": 81.796379, "volume": 0, "typical_volume": 0.0, "trend": 87.036768, "fair_value": 98.605883, "relative_strength": 5.344409, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -22.369027, "energy": 17.70354, "activity_lines": [ 87.538678, 88.198124, 86.417584, 86.53113 ] }, { "date": "2023-09-15", "close": 80.320564, "volume": 0, "typical_volume": 0.0, "trend": 86.89415, "fair_value": 98.487913, "relative_strength": 1.804217, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.477018, "energy": 48.007312, "activity_lines": [ 84.780827, 86.840204, 85.897019, 86.097827 ] }, { "date": "2023-09-22", "close": 80.499458, "volume": 0, "typical_volume": 0.0, "trend": 86.599136, "fair_value": 98.372602, "relative_strength": 2.351076, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.450741, "energy": 59.388062, "activity_lines": [ 82.756418, 85.561159, 85.427356, 85.685266 ] }, { "date": "2023-09-29", "close": 77.905571, "volume": 0, "typical_volume": 0.0, "trend": 86.081091, "fair_value": 98.186023, "relative_strength": -1.518171, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.362348, "energy": 72.996584, "activity_lines": [ 80.475597, 83.914578, 84.743669, 85.124391 ] }, { "date": "2023-10-06", "close": 79.202515, "volume": 0, "typical_volume": 0.0, "trend": 85.59175, "fair_value": 97.963754, "relative_strength": 1.185701, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.158716, "energy": 88.740963, "activity_lines": [ 79.438049, 82.660738, 84.228865, 84.680612 ] }, { "date": "2023-10-13", "close": 79.202515, "volume": 0, "typical_volume": 0.0, "trend": 85.270938, "fair_value": 97.728772, "relative_strength": -0.120732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.16885, "energy": 88.290133, "activity_lines": [ 79.190589, 81.574402, 83.759891, 84.268403 ] }, { "date": "2023-10-20", "close": 79.157791, "volume": 0, "typical_volume": 0.0, "trend": 84.968975, "fair_value": 97.501327, "relative_strength": 3.024485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.618906, "energy": 86.914281, "activity_lines": [ 79.101144, 80.69216, 83.332903, 83.874006 ] }, { "date": "2023-10-27", "close": 79.157791, "volume": 0, "typical_volume": 0.0, "trend": 84.667013, "fair_value": 97.273881, "relative_strength": 2.978647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.605881, "energy": 77.394399, "activity_lines": [ 79.089218, 80.014826, 82.903785, 83.499091 ] }, { "date": "2023-11-03", "close": 86.62635, "volume": 0, "typical_volume": 0.0, "trend": 84.614002, "fair_value": 97.110446, "relative_strength": 6.182866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.870532, "energy": 23.247326, "activity_lines": [ 81.656255, 80.885684, 83.178292, 83.6255 ] }, { "date": "2023-11-10", "close": 87.610229, "volume": 0, "typical_volume": 0.0, "trend": 84.532768, "fair_value": 96.968963, "relative_strength": 6.318093, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 1.017836, "energy": 20.735015, "activity_lines": [ 83.969868, 81.998039, 83.506678, 83.818805 ] }, { "date": "2023-11-17", "close": 89.891045, "volume": 115, "typical_volume": 5.75, "trend": 84.510127, "fair_value": 96.820588, "relative_strength": 6.146716, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.685083, "energy": 44.451868, "activity_lines": [ 86.483238, 83.587699, 84.01885, 84.1645 ] }, { "date": "2023-11-24", "close": 91.411591, "volume": 0, "typical_volume": 5.75, "trend": 84.642775, "fair_value": 96.681472, "relative_strength": 8.002189, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.547259, "energy": 58.315035, "activity_lines": [ 88.790888, 85.306646, 84.641549, 84.609756 ] }, { "date": "2023-12-01", "close": 93.826584, "volume": 0, "typical_volume": 5.75, "trend": 84.855924, "fair_value": 96.557836, "relative_strength": 8.22386, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 87.848435, "energy": 93.488005, "activity_lines": [ 91.086615, 87.263027, 85.453572, 85.20226 ] }, { "date": "2023-12-08", "close": 99.46154, "volume": 0, "typical_volume": 5.75, "trend": 85.256904, "fair_value": 96.470321, "relative_strength": 13.888041, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.972506, "energy": 99.156167, "activity_lines": [ 94.282742, 90.001635, 86.766053, 86.144558 ] }, { "date": "2023-12-15", "close": 101.876534, "volume": 0, "typical_volume": 5.75, "trend": 85.691893, "fair_value": 96.412955, "relative_strength": 14.238409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.576464, "energy": 98.728131, "activity_lines": [ 97.428187, 92.787405, 88.246988, 87.216792 ] }, { "date": "2023-12-22", "close": 100.35598, "volume": 0, "typical_volume": 5.75, "trend": 86.073291, "fair_value": 96.336553, "relative_strength": 10.65306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.870358, "energy": 93.231361, "activity_lines": [ 99.115694, 94.884457, 89.519008, 88.162862 ] }, { "date": "2023-12-29", "close": 102.323746, "volume": 0, "typical_volume": 5.75, "trend": 86.860397, "fair_value": 96.272764, "relative_strength": 11.324914, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.569722, "energy": 94.190331, "activity_lines": [ 100.761461, 96.954675, 90.933285, 89.211279 ] }, { "date": "2024-01-05", "close": 98.835434, "volume": 0, "typical_volume": 5.75, "trend": 87.569985, "fair_value": 96.186614, "relative_strength": 7.106434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.52718, "energy": 85.615785, "activity_lines": [ 100.51698, 97.969456, 91.958695, 89.983862 ] }, { "date": "2024-01-12", "close": 98.298782, "volume": 0, "typical_volume": 5.75, "trend": 88.237832, "fair_value": 96.05791, "relative_strength": 6.92159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.562819, "energy": 66.76306, "activity_lines": [ 99.759692, 98.528889, 92.889124, 90.676042 ] }, { "date": "2024-01-19", "close": 94.631577, "volume": 0, "typical_volume": 5.75, "trend": 88.705922, "fair_value": 95.882717, "relative_strength": 4.333387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.175517, "energy": 56.118965, "activity_lines": [ 97.857519, 98.209331, 93.431112, 91.088542 ] }, { "date": "2024-01-26", "close": 96.778221, "volume": 0, "typical_volume": 5.75, "trend": 89.175502, "fair_value": 95.736443, "relative_strength": 2.983541, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.511036, "energy": 41.160563, "activity_lines": [ 97.153892, 98.152411, 94.160504, 91.609335 ] }, { "date": "2024-02-02", "close": 100.266533, "volume": 0, "typical_volume": 5.75, "trend": 89.755396, "fair_value": 95.574881, "relative_strength": 6.833142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.367797, "energy": 47.105587, "activity_lines": [ 97.851552, 98.604508, 95.150775, 92.324886 ] }, { "date": "2024-02-09", "close": 102.055412, "volume": 0, "typical_volume": 5.75, "trend": 90.283114, "fair_value": 95.410119, "relative_strength": 10.90858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.127837, "energy": 57.933754, "activity_lines": [ 99.282653, 99.220857, 96.216434, 93.118435 ] }, { "date": "2024-02-16", "close": 99.908752, "volume": 0, "typical_volume": 5.75, "trend": 90.728842, "fair_value": 95.246263, "relative_strength": 6.669238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.9539, "energy": 57.786733, "activity_lines": [ 99.783535, 99.297289, 96.975002, 93.739444 ] }, { "date": "2024-02-23", "close": 102.770966, "volume": 0, "typical_volume": 5.75, "trend": 91.207366, "fair_value": 95.177519, "relative_strength": 10.087372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.847204, "energy": 73.04777, "activity_lines": [ 101.131157, 99.885992, 97.901385, 94.516355 ] }, { "date": "2024-03-01", "close": 98.567101, "volume": 0, "typical_volume": 5.75, "trend": 91.463772, "fair_value": 95.06662, "relative_strength": 5.575592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.390136, "energy": 52.224531, "activity_lines": [ 100.534865, 99.694094, 98.315169, 94.991177 ] }, { "date": "2024-03-08", "close": 99.729874, "volume": 0, "typical_volume": 5.75, "trend": 91.773844, "fair_value": 94.951881, "relative_strength": 6.653665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.946014, "energy": 46.352136, "activity_lines": [ 100.206906, 99.746134, 98.747481, 95.524474 ] }, { "date": "2024-03-15", "close": 104.202065, "volume": 0, "typical_volume": 5.75, "trend": 92.259822, "fair_value": 94.83085, "relative_strength": 10.241331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.504426, "energy": 55.449791, "activity_lines": [ 101.405454, 100.658462, 99.507754, 96.326294 ] }, { "date": "2024-03-22", "close": 102.502632, "volume": 0, "typical_volume": 5.75, "trend": 92.674245, "fair_value": 94.679565, "relative_strength": 5.667542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.537362, "energy": 48.293498, "activity_lines": [ 101.894414, 101.164226, 99.986917, 96.987121 ] }, { "date": "2024-03-29", "close": 105.007057, "volume": 0, "typical_volume": 5.75, "trend": 93.139353, "fair_value": 94.538417, "relative_strength": 6.971068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.730391, "energy": 57.40494, "activity_lines": [ 103.045257, 102.048907, 100.628996, 97.782786 ] }, { "date": "2024-04-05", "close": 102.770966, "volume": 0, "typical_volume": 0.0, "trend": 93.838506, "fair_value": 94.385086, "relative_strength": 3.701559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.685629, "energy": 54.365811, "activity_lines": [ 103.301664, 102.33838, 100.975272, 98.404181 ] }, { "date": "2024-04-12", "close": 103.754852, "volume": 0, "typical_volume": 0.0, "trend": 94.619649, "fair_value": 94.281089, "relative_strength": 4.929131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.454847, "energy": 49.479113, "activity_lines": [ 103.605775, 102.697783, 101.353918, 99.043945 ] }, { "date": "2024-04-19", "close": 98.119881, "volume": 0, "typical_volume": 0.0, "trend": 95.206996, "fair_value": 94.097944, "relative_strength": -0.263294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.916742, "energy": 27.213321, "activity_lines": [ 101.76323, 101.969222, 101.137123, 99.269766 ] }, { "date": "2024-04-26", "close": 101.6082, "volume": 0, "typical_volume": 0.0, "trend": 95.997084, "fair_value": 93.932857, "relative_strength": 2.825553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.716658, "energy": 18.942057, "activity_lines": [ 101.488938, 101.946456, 101.232104, 99.682747 ] }, { "date": "2024-05-03", "close": 99.640434, "volume": 10, "typical_volume": 0.5, "trend": 96.678348, "fair_value": 93.741173, "relative_strength": -0.403053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.13225, "energy": 16.306122, "activity_lines": [ 100.618352, 101.535015, 101.129457, 99.917802 ] }, { "date": "2024-05-10", "close": 102.681526, "volume": 0, "typical_volume": 0.5, "trend": 97.460982, "fair_value": 93.556613, "relative_strength": -0.047509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.52902, "energy": 19.183816, "activity_lines": [ 101.119239, 101.733418, 101.327086, 100.305104 ] }, { "date": "2024-05-17", "close": 102.055412, "volume": 0, "typical_volume": 0.5, "trend": 98.224236, "fair_value": 93.390628, "relative_strength": -2.290732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.723101, "energy": 16.396258, "activity_lines": [ 101.417383, 101.743175, 101.454011, 100.601519 ] }, { "date": "2024-05-24", "close": 100.087654, "volume": 0, "typical_volume": 0.5, "trend": 98.921898, "fair_value": 93.191083, "relative_strength": -3.951565, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.988307, "energy": 6.968782, "activity_lines": [ 101.172904, 101.352875, 101.394808, 100.721739 ] }, { "date": "2024-05-31", "close": 101.6082, "volume": 0, "typical_volume": 0.5, "trend": 99.421293, "fair_value": 93.011104, "relative_strength": -1.107951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.826226, "energy": 13.414284, "activity_lines": [ 101.304089, 101.313846, 101.474456, 100.895049 ] }, { "date": "2024-06-07", "close": 101.901169, "volume": 0, "typical_volume": 0.5, "trend": 99.897657, "fair_value": 92.823184, "relative_strength": -0.246688, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.879559, "energy": 15.494416, "activity_lines": [ 101.53293, 101.344346, 101.566247, 101.055041 ] }, { "date": "2024-06-14", "close": 98.788284, "volume": 0, "typical_volume": 0.5, "trend": 100.194232, "fair_value": 92.613127, "relative_strength": -0.126912, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.973806, "energy": 6.888276, "activity_lines": [ 100.573428, 100.865338, 101.326955, 100.983469 ] }, { "date": "2024-06-21", "close": 96.499405, "volume": 0, "typical_volume": 0.5, "trend": 100.363826, "fair_value": 92.400399, "relative_strength": -4.026274, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.859384, "energy": 35.104913, "activity_lines": [ 99.110515, 100.042582, 100.860104, 100.745093 ] }, { "date": "2024-06-28", "close": 94.393631, "volume": 0, "typical_volume": 0.5, "trend": 100.382727, "fair_value": 92.170354, "relative_strength": -6.581601, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.716558, "energy": 67.684014, "activity_lines": [ 97.316078, 98.968876, 100.210641, 100.359919 ] }, { "date": "2024-07-05", "close": 94.027405, "volume": 0, "typical_volume": 0.5, "trend": 100.201589, "fair_value": 91.959781, "relative_strength": -9.353627, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.784276, "energy": 74.587768, "activity_lines": [ 95.779167, 97.896333, 99.562784, 99.949898 ] }, { "date": "2024-07-12", "close": 94.668289, "volume": 0, "typical_volume": 0.5, "trend": 99.961315, "fair_value": 91.746225, "relative_strength": -8.571416, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.686581, "energy": 73.974835, "activity_lines": [ 94.96127, 97.078147, 99.00397, 99.592911 ] }, { "date": "2024-07-19", "close": 92.654076, "volume": 0, "typical_volume": 0.5, "trend": 99.704585, "fair_value": 91.566668, "relative_strength": -9.569339, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.000195, "energy": 81.140137, "activity_lines": [ 93.954161, 95.984143, 98.29191, 99.121476 ] }, { "date": "2024-07-26", "close": 86.565643, "volume": 0, "typical_volume": 0.5, "trend": 99.179314, "fair_value": 91.352993, "relative_strength": -15.280672, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.337347, "energy": 94.178154, "activity_lines": [ 91.326522, 93.965469, 97.028157, 98.273803 ] }, { "date": "2024-08-02", "close": 82.308311, "volume": 0, "typical_volume": 0.5, "trend": 98.62841, "fair_value": 91.134937, "relative_strength": -15.850214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.362083, "energy": 97.177791, "activity_lines": [ 87.942023, 91.454366, 95.42163, 97.185351 ] }, { "date": "2024-08-09", "close": 81.163872, "volume": 194, "typical_volume": 10.2, "trend": 98.057247, "fair_value": 90.898635, "relative_strength": -17.481111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.045357, "energy": 96.39156, "activity_lines": [ 84.981732, 89.058444, 93.810366, 96.058606 ] }, { "date": "2024-08-16", "close": 82.537201, "volume": 97, "typical_volume": 15.05, "trend": 97.654101, "fair_value": 90.680955, "relative_strength": -17.261391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.457162, "energy": 91.126598, "activity_lines": [ 83.336786, 87.283934, 92.431507, 95.057313 ] }, { "date": "2024-08-23", "close": 84.368309, "volume": 0, "typical_volume": 15.05, "trend": 97.240437, "fair_value": 90.491924, "relative_strength": -16.493673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.357826, "energy": 88.047782, "activity_lines": [ 83.110949, 86.194424, 91.33404, 94.200165 ] }, { "date": "2024-08-30", "close": 86.748749, "volume": 0, "typical_volume": 15.05, "trend": 96.789844, "fair_value": 90.295241, "relative_strength": -14.738107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.127362, "energy": 65.962674, "activity_lines": [ 84.230976, 85.799903, 90.550912, 93.523282 ] }, { "date": "2024-09-06", "close": 83.681641, "volume": 0, "typical_volume": 15.05, "trend": 96.177385, "fair_value": 90.095807, "relative_strength": -14.179703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.413158, "energy": 63.153167, "activity_lines": [ 84.316427, 85.025011, 89.556661, 92.677592 ] }, { "date": "2024-09-13", "close": 84.642967, "volume": 0, "typical_volume": 15.05, "trend": 95.668526, "fair_value": 89.939083, "relative_strength": -13.602512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.784574, "energy": 51.248474, "activity_lines": [ 84.630764, 84.619669, 88.722717, 91.933435 ] }, { "date": "2024-09-20", "close": 85.05497, "volume": 0, "typical_volume": 14.55, "trend": 95.077993, "fair_value": 89.791, "relative_strength": -13.366724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.004088, "energy": 46.955311, "activity_lines": [ 84.850497, 84.459862, 88.008799, 91.24869 ] }, { "date": "2024-09-27", "close": 94.942955, "volume": 0, "typical_volume": 14.55, "trend": 94.957188, "fair_value": 89.739576, "relative_strength": -4.250808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.671325, "energy": 17.052353, "activity_lines": [ 88.198372, 86.272659, 88.306049, 91.239978 ] }, { "date": "2024-10-04", "close": 93.569626, "volume": 0, "typical_volume": 14.55, "trend": 94.751846, "fair_value": 89.686439, "relative_strength": -4.662716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.416741, "energy": 21.626022, "activity_lines": [ 90.383496, 87.794143, 88.509355, 91.150458 ] }, { "date": "2024-10-11", "close": 91.921631, "volume": 90, "typical_volume": 19.05, "trend": 94.342498, "fair_value": 89.618921, "relative_strength": -6.502914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.837623, "energy": 23.255926, "activity_lines": [ 91.564562, 88.888647, 88.596119, 90.967863 ] }, { "date": "2024-10-18", "close": 90.044746, "volume": 0, "typical_volume": 19.05, "trend": 93.927235, "fair_value": 89.523552, "relative_strength": -8.650291, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.074025, "energy": 24.044694, "activity_lines": [ 91.570667, 89.467111, 88.543017, 90.690589 ] }, { "date": "2024-10-25", "close": 90.227852, "volume": 0, "typical_volume": 19.05, "trend": 93.434595, "fair_value": 89.362262, "relative_strength": -7.265904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.741846, "energy": 18.697363, "activity_lines": [ 91.27769, 89.917397, 88.562417, 90.451919 ] }, { "date": "2024-11-01", "close": 88.167862, "volume": 0, "typical_volume": 19.05, "trend": 92.947825, "fair_value": 89.193223, "relative_strength": -7.838394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.600117, "energy": 9.784827, "activity_lines": [ 89.95319, 89.853309, 88.441216, 90.11213 ] }, { "date": "2024-11-08", "close": 87.29808, "volume": 0, "typical_volume": 19.05, "trend": 92.399266, "fair_value": 89.020244, "relative_strength": -9.124026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.792772, "energy": 22.890123, "activity_lines": [ 88.790435, 89.561997, 88.287751, 89.74763 ] }, { "date": "2024-11-15", "close": 86.245193, "volume": 0, "typical_volume": 19.05, "trend": 92.003443, "fair_value": 88.81706, "relative_strength": -10.159928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.234177, "energy": 30.578188, "activity_lines": [ 87.694821, 89.069262, 88.077828, 89.350593 ] }, { "date": "2024-11-22", "close": 81.713203, "volume": 0, "typical_volume": 19.05, "trend": 91.340277, "fair_value": 88.613736, "relative_strength": -14.017521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.76773, "energy": 48.687566, "activity_lines": [ 85.466974, 87.705919, 87.475088, 88.686707 ] }, { "date": "2024-11-29", "close": 81.804756, "volume": 0, "typical_volume": 19.05, "trend": 90.745754, "fair_value": 88.428454, "relative_strength": -13.763115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.835382, "energy": 69.906054, "activity_lines": [ 83.82508, 86.412491, 86.939707, 88.071512 ] }, { "date": "2024-12-06", "close": 83.452759, "volume": 0, "typical_volume": 19.05, "trend": 90.104795, "fair_value": 88.220462, "relative_strength": -12.699121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.402472, "energy": 67.31412, "activity_lines": [ 83.29406, 85.477794, 86.622533, 87.600996 ] }, { "date": "2024-12-13", "close": 85.421204, "volume": 0, "typical_volume": 19.05, "trend": 89.550321, "fair_value": 88.017996, "relative_strength": -11.778333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.239599, "energy": 58.388822, "activity_lines": [ 83.733528, 85.10991, 86.536646, 87.298829 ] }, { "date": "2024-12-20", "close": 78.188324, "volume": 0, "typical_volume": 19.05, "trend": 88.820344, "fair_value": 87.776257, "relative_strength": -17.478811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.395068, "energy": 61.081956, "activity_lines": [ 81.887162, 83.575109, 85.767364, 86.565797 ] }, { "date": "2024-12-27", "close": 79.424316, "volume": 0, "typical_volume": 9.35, "trend": 88.080881, "fair_value": 87.530987, "relative_strength": -16.639105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.565443, "energy": 61.709298, "activity_lines": [ 80.989917, 82.51473, 85.135413, 85.959601 ] }, { "date": "2025-01-03", "close": 79.012321, "volume": 0, "typical_volume": 4.5, "trend": 87.317919, "fair_value": 87.281984, "relative_strength": -17.09853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.428165, "energy": 67.88893, "activity_lines": [ 80.107934, 81.572542, 84.472509, 85.374533 ] }, { "date": "2025-01-10", "close": 77.501656, "volume": 0, "typical_volume": 4.5, "trend": 86.608365, "fair_value": 87.067481, "relative_strength": -18.234541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.090805, "energy": 78.778359, "activity_lines": [ 78.908558, 80.559607, 83.682517, 84.741226 ] }, { "date": "2025-01-17", "close": 78.737648, "volume": 0, "typical_volume": 4.5, "trend": 86.016307, "fair_value": 86.853811, "relative_strength": -19.31846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.004477, "energy": 70.132138, "activity_lines": [ 78.517919, 79.965328, 83.042936, 84.233437 ] }, { "date": "2025-01-24", "close": 83.864754, "volume": 0, "typical_volume": 4.5, "trend": 85.665344, "fair_value": 86.67137, "relative_strength": -15.119144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.603321, "energy": 40.129294, "activity_lines": [ 80.281886, 80.458894, 82.9298, 84.094628 ] }, { "date": "2025-01-31", "close": 84.368309, "volume": 0, "typical_volume": 4.5, "trend": 85.343374, "fair_value": 86.482338, "relative_strength": -14.56578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.874226, "energy": 22.448745, "activity_lines": [ 81.835276, 81.087297, 82.863749, 84.010948 ] }, { "date": "2025-02-07", "close": 82.99498, "volume": 364, "typical_volume": 22.7, "trend": 84.954264, "fair_value": 86.278502, "relative_strength": -15.712727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.391731, "energy": 21.555955, "activity_lines": [ 82.60129, 81.417729, 82.668213, 83.859439 ] }, { "date": "2025-02-14", "close": 83.544312, "volume": 0, "typical_volume": 22.7, "trend": 84.650605, "fair_value": 86.077097, "relative_strength": -18.856882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.753208, "energy": 23.538759, "activity_lines": [ 83.284904, 81.826399, 82.534804, 83.768474 ] }, { "date": "2025-02-21", "close": 84.688751, "volume": 0, "typical_volume": 22.7, "trend": 84.588042, "fair_value": 85.909211, "relative_strength": -16.43179, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.581649, "energy": 18.568656, "activity_lines": [ 83.947154, 82.441484, 82.564668, 83.770935 ] }, { "date": "2025-02-28", "close": 77.089645, "volume": 0, "typical_volume": 18.2, "trend": 84.414086, "fair_value": 85.72916, "relative_strength": -25.139919, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.741703, "energy": 26.822357, "activity_lines": [ 81.679629, 81.688231, 81.913098, 83.287168 ] }, { "date": "2025-03-07", "close": 81.804756, "volume": 0, "typical_volume": 18.2, "trend": 84.435449, "fair_value": 85.596244, "relative_strength": -22.577443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.987119, "energy": 18.343308, "activity_lines": [ 81.435481, 81.812247, 81.781215, 83.118824 ] }, { "date": "2025-03-14", "close": 82.354088, "volume": 0, "typical_volume": 18.2, "trend": 84.429345, "fair_value": 85.443939, "relative_strength": -21.487778, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.095418, "energy": 19.647582, "activity_lines": [ 81.545348, 81.99286, 81.740886, 82.984542 ] }, { "date": "2025-03-21", "close": 80.797646, "volume": 0, "typical_volume": 18.2, "trend": 84.310323, "fair_value": 85.294749, "relative_strength": -21.64199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.964703, "energy": 26.044355, "activity_lines": [ 81.179126, 81.829725, 81.58982, 82.750239 ] }, { "date": "2025-03-28", "close": 80.477203, "volume": 0, "typical_volume": 18.2, "trend": 84.101272, "fair_value": 85.125504, "relative_strength": -19.723287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.05034, "energy": 20.20391, "activity_lines": [ 80.889201, 81.5484, 81.443331, 82.502941 ] }, { "date": "2025-04-04", "close": 67.796776, "volume": 0, "typical_volume": 18.2, "trend": 83.571776, "fair_value": 84.877701, "relative_strength": -24.292428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.76289, "energy": 68.613159, "activity_lines": [ 76.653237, 78.929915, 80.121663, 81.451038 ] }, { "date": "2025-04-11", "close": 69.536331, "volume": 114, "typical_volume": 23.9, "trend": 83.068222, "fair_value": 84.642686, "relative_strength": -20.704767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.314907, "energy": 77.592035, "activity_lines": [ 73.61665, 76.919858, 79.053516, 80.545525 ] }, { "date": "2025-04-18", "close": 70.818108, "volume": 0, "typical_volume": 23.9, "trend": 82.59366, "fair_value": 84.425706, "relative_strength": -22.757295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.865583, "energy": 79.215006, "activity_lines": [ 71.825216, 75.412523, 78.165429, 79.755195 ] }, { "date": "2025-04-25", "close": 75.075439, "volume": 0, "typical_volume": 23.9, "trend": 81.931409, "fair_value": 84.278564, "relative_strength": -20.383289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.136085, "energy": 76.60339, "activity_lines": [ 72.221958, 74.900646, 77.735119, 79.270149 ] }, { "date": "2025-05-02", "close": 77.043877, "volume": 0, "typical_volume": 23.9, "trend": 81.380551, "fair_value": 84.180587, "relative_strength": -18.846886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.642501, "energy": 50.852179, "activity_lines": [ 73.656327, 74.900647, 77.532171, 78.954824 ] }, { "date": "2025-05-09", "close": 77.181213, "volume": 0, "typical_volume": 23.9, "trend": 80.889204, "fair_value": 84.091128, "relative_strength": -21.646358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.512901, "energy": 26.949398, "activity_lines": [ 75.365362, 75.064615, 77.382195, 78.683899 ] }, { "date": "2025-05-16", "close": 79.103874, "volume": 0, "typical_volume": 23.9, "trend": 80.524508, "fair_value": 84.045085, "relative_strength": -21.377787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.909228, "energy": 20.580534, "activity_lines": [ 77.089656, 75.576493, 77.420125, 78.568717 ] }, { "date": "2025-05-23", "close": 76.357208, "volume": 570, "typical_volume": 52.4, "trend": 80.062153, "fair_value": 83.982527, "relative_strength": -22.554465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.496834, "energy": 20.98128, "activity_lines": [ 77.260558, 75.638085, 77.197994, 78.299859 ] }, { "date": "2025-05-30", "close": 80.61454, "volume": 0, "typical_volume": 52.4, "trend": 79.810376, "fair_value": 83.935472, "relative_strength": -18.383685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.590702, "energy": 16.351843, "activity_lines": [ 78.481297, 76.582771, 77.393967, 78.335497 ] }, { "date": "2025-06-06", "close": 78.560814, "volume": 570, "typical_volume": 80.9, "trend": 79.519133, "fair_value": 83.921352, "relative_strength": -20.158164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.994986, "energy": 18.318967, "activity_lines": [ 78.648188, 77.157381, 77.379523, 78.25488 ] }, { "date": "2025-06-13", "close": 79.081078, "volume": 0, "typical_volume": 80.9, "trend": 79.28033, "fair_value": 83.923418, "relative_strength": -17.191308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.586476, "energy": 11.998535, "activity_lines": [ 78.88737, 77.861428, 77.41547, 78.226618 ] }, { "date": "2025-06-20", "close": 75.864861, "volume": 0, "typical_volume": 80.9, "trend": 79.085385, "fair_value": 83.89509, "relative_strength": -19.52386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.393664, "energy": 12.90625, "activity_lines": [ 77.927823, 77.77554, 77.16789, 78.006265 ] }, { "date": "2025-06-27", "close": 78.087837, "volume": 0, "typical_volume": 62.7, "trend": 78.961488, "fair_value": 83.881849, "relative_strength": -18.130788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.883556, "energy": 9.700504, "activity_lines": [ 77.925202, 77.978765, 77.172515, 77.941907 ] }, { "date": "2025-07-04", "close": 77.236488, "volume": 0, "typical_volume": 62.7, "trend": 78.754279, "fair_value": 83.84527, "relative_strength": -17.818911, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.23596, "energy": 12.714809, "activity_lines": [ 77.523423, 77.895022, 77.119427, 77.830617 ] }, { "date": "2025-07-11", "close": 79.270271, "volume": 0, "typical_volume": 62.7, "trend": 78.549247, "fair_value": 83.849108, "relative_strength": -16.92868, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.647916, "energy": 9.868967, "activity_lines": [ 78.024775, 78.141766, 77.290069, 77.863907 ] }, { "date": "2025-07-18", "close": 76.385132, "volume": 62, "typical_volume": 65.8, "trend": 78.489141, "fair_value": 83.870494, "relative_strength": -19.395555, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.039343, "energy": 13.779811, "activity_lines": [ 77.517116, 77.823459, 77.211739, 77.724286 ] }, { "date": "2025-07-25", "close": 62.716217, "volume": 122, "typical_volume": 71.9, "trend": 77.932204, "fair_value": 83.81264, "relative_strength": -34.533189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.791533, "energy": 72.558299, "activity_lines": [ 72.632883, 75.034369, 75.834961, 76.706678 ] }, { "date": "2025-08-01", "close": 60.067566, "volume": 0, "typical_volume": 71.9, "trend": 77.300713, "fair_value": 83.746748, "relative_strength": -35.044605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.436283, "energy": 88.736408, "activity_lines": [ 67.742342, 72.061664, 74.29683, 75.554121 ] }, { "date": "2025-08-08", "close": 61.722973, "volume": 0, "typical_volume": 71.9, "trend": 76.774756, "fair_value": 83.69035, "relative_strength": -36.41068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.43791, "energy": 91.656587, "activity_lines": [ 64.604954, 69.686117, 73.022482, 74.549106 ] }, { "date": "2025-08-15", "close": 62.999996, "volume": 0, "typical_volume": 71.9, "trend": 76.250168, "fair_value": 83.656667, "relative_strength": -36.191586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.495148, "energy": 87.517413, "activity_lines": [ 62.927476, 67.88624, 71.960587, 73.660411 ] }, { "date": "2025-08-22", "close": 63.662163, "volume": 0, "typical_volume": 71.9, "trend": 75.576748, "fair_value": 83.642036, "relative_strength": -34.119988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.635144, "energy": 87.365364, "activity_lines": [ 62.555404, 66.48968, 71.044981, 72.848282 ] }, { "date": "2025-08-29", "close": 59.547295, "volume": 0, "typical_volume": 66.2, "trend": 74.749381, "fair_value": 83.616115, "relative_strength": -35.445103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.693337, "energy": 87.649786, "activity_lines": [ 61.659908, 64.625306, 69.757171, 71.814124 ] }, { "date": "2025-09-05", "close": 57.513512, "volume": 0, "typical_volume": 66.2, "trend": 73.899999, "fair_value": 83.593362, "relative_strength": -36.762334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.286674, "energy": 78.482213, "activity_lines": [ 60.297746, 62.687837, 68.323234, 70.702132 ] }, { "date": "2025-09-12", "close": 57.229729, "volume": 0, "typical_volume": 66.2, "trend": 73.022846, "fair_value": 83.57745, "relative_strength": -37.072427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.826961, "energy": 69.912281, "activity_lines": [ 59.01126, 61.072849, 66.925626, 69.626631 ] }, { "date": "2025-09-19", "close": 58.979725, "volume": 244, "typical_volume": 78.4, "trend": 72.165879, "fair_value": 83.607123, "relative_strength": -34.180657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.582897, "energy": 65.047853, "activity_lines": [ 58.607655, 60.139802, 65.779663, 68.720623 ] }, { "date": "2025-09-26", "close": 60.209457, "volume": 0, "typical_volume": 78.4, "trend": 71.603206, "fair_value": 83.632943, "relative_strength": -32.296481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.864646, "energy": 63.503371, "activity_lines": [ 58.881979, 59.799261, 64.836838, 67.949241 ] }, { "date": "2025-10-03", "close": 61.959457, "volume": 10, "typical_volume": 78.9, "trend": 70.941696, "fair_value": 83.690657, "relative_strength": -30.93387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.140469, "energy": 53.741252, "activity_lines": [ 59.969817, 60.071005, 64.141497, 67.327064 ] }, { "date": "2025-10-10", "close": 48.952702, "volume": 156, "typical_volume": 58.2, "trend": 69.828316, "fair_value": 83.658567, "relative_strength": -43.518761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.63236, "energy": 65.717925, "activity_lines": [ 56.561259, 57.991644, 62.289057, 65.908419 ] }, { "date": "2025-10-17", "close": 45.594593, "volume": 0, "typical_volume": 58.2, "trend": 68.654881, "fair_value": 83.602996, "relative_strength": -45.540045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.777586, "energy": 72.570908, "activity_lines": [ 52.604052, 55.503806, 60.247296, 64.344953 ] }, { "date": "2025-10-24", "close": 47.164864, "volume": 0, "typical_volume": 29.7, "trend": 67.54447, "fair_value": 83.536536, "relative_strength": -43.8351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.286621, "energy": 92.333176, "activity_lines": [ 49.945945, 53.594716, 58.521845, 62.9585 ] }, { "date": "2025-10-31", "close": 45.424324, "volume": 0, "typical_volume": 29.7, "trend": 66.798721, "fair_value": 83.450258, "relative_strength": -46.617855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.113489, "energy": 92.861445, "activity_lines": [ 47.495314, 51.657075, 56.780134, 61.531394 ] }, { "date": "2025-11-07", "close": 44.289188, "volume": 0, "typical_volume": 29.7, "trend": 65.95715, "fair_value": 83.298868, "relative_strength": -46.472476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.52616, "energy": 91.916214, "activity_lines": [ 45.651981, 49.844642, 55.090584, 60.079166 ] }, { "date": "2025-11-14", "close": 45.178375, "volume": 283, "typical_volume": 43.85, "trend": 65.102492, "fair_value": 83.174134, "relative_strength": -45.615823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.383259, "energy": 88.885344, "activity_lines": [ 45.283061, 48.471301, 53.636079, 58.7386 ] }, { "date": "2025-11-21", "close": 45.140541, "volume": 0, "typical_volume": 43.85, "trend": 64.104662, "fair_value": 83.037422, "relative_strength": -44.071516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.510185, "energy": 69.536163, "activity_lines": [ 45.153152, 47.315355, 52.334683, 57.450732 ] }, { "date": "2025-11-28", "close": 46.048649, "volume": 156, "typical_volume": 51.65, "trend": 63.071488, "fair_value": 82.885856, "relative_strength": -44.578254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.732696, "energy": 66.893168, "activity_lines": [ 45.356216, 46.544323, 51.272611, 56.285828 ] }, { "date": "2025-12-05", "close": 46.540539, "volume": 49, "typical_volume": 51.0, "trend": 62.050132, "fair_value": 82.736326, "relative_strength": -43.860707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.430812, "energy": 64.150866, "activity_lines": [ 45.797657, 46.097837, 50.415584, 55.219315 ] }, { "date": "2025-12-12", "close": 47.864861, "volume": 159, "typical_volume": 52.85, "trend": 61.008832, "fair_value": 82.614283, "relative_strength": -41.537254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.12128, "energy": 56.114211, "activity_lines": [ 46.606124, 46.140662, 49.8268, 54.304136 ] }, { "date": "2025-12-19", "close": 45.935135, "volume": 0, "typical_volume": 52.85, "trend": 59.994763, "fair_value": 82.486856, "relative_strength": -44.436236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.824521, "energy": 53.376539, "activity_lines": [ 46.532972, 46.088893, 49.124954, 53.33164 ] }, { "date": "2025-12-26", "close": 46.464863, "volume": 0, "typical_volume": 52.85, "trend": 58.85644, "fair_value": 82.337399, "relative_strength": -43.027716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.136804, "energy": 48.713052, "activity_lines": [ 46.585944, 46.188303, 48.540854, 52.458743 ] }, { "date": "2026-01-02", "close": 46.540539, "volume": 0, "typical_volume": 52.85, "trend": 57.789098, "fair_value": 82.188428, "relative_strength": -43.138851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.192501, "energy": 46.079081, "activity_lines": [ 46.575854, 46.28565, 48.03662, 51.664169 ] }, { "date": "2026-01-09", "close": 48.43243, "volume": 0, "typical_volume": 52.85, "trend": 56.767476, "fair_value": 82.051584, "relative_strength": -40.473588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.762604, "energy": 49.188695, "activity_lines": [ 47.163602, 46.738328, 47.790944, 51.060513 ] }, { "date": "2026-01-16", "close": 46.55946, "volume": 0, "typical_volume": 52.85, "trend": 55.790629, "fair_value": 81.828415, "relative_strength": -42.574161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.29995, "energy": 47.870941, "activity_lines": [ 47.0009, 46.795773, 47.439413, 50.401931 ] }, { "date": "2026-01-23", "close": 44.043243, "volume": 205, "typical_volume": 63.1, "trend": 54.65581, "fair_value": 81.589117, "relative_strength": -45.17451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.293964, "energy": 59.676001, "activity_lines": [ 46.086486, 46.354446, 46.910089, 49.644035 ] }, { "date": "2026-01-30", "close": 44.875671, "volume": 205, "typical_volume": 73.35, "trend": 53.577116, "fair_value": 81.337553, "relative_strength": -43.969223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.868276, "energy": 55.192791, "activity_lines": [ 45.575674, 46.085109, 46.524188, 49.013059 ] }, { "date": "2026-02-06", "close": 46.994595, "volume": 1026, "typical_volume": 112.45, "trend": 52.50126, "fair_value": 81.103483, "relative_strength": -40.909858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.905334, "energy": 48.168147, "activity_lines": [ 45.877116, 46.205846, 46.398918, 48.58838 ] }, { "date": "2026-02-13", "close": 48.999996, "volume": 0, "typical_volume": 112.45, "trend": 51.588422, "fair_value": 80.875284, "relative_strength": -36.90267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.295581, "energy": 26.65828, "activity_lines": [ 46.816755, 46.674003, 46.52171, 48.362492 ] }, { "date": "2026-02-20", "close": 49.047295, "volume": 0, "typical_volume": 111.95, "trend": 51.132791, "fair_value": 80.616934, "relative_strength": -37.771654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.914932, "energy": 12.01751, "activity_lines": [ 47.734322, 47.106042, 46.702386, 48.198548 ] }, { "date": "2026-02-27", "close": 49.094593, "volume": 0, "typical_volume": 104.15, "trend": 50.767025, "fair_value": 80.332624, "relative_strength": -35.647003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.131379, "energy": 17.1604, "activity_lines": [ 48.5018, 47.525182, 46.949052, 48.067052 ] }, { "date": "2026-03-06", "close": 44.345947, "volume": 1020, "typical_volume": 155.15, "trend": 50.187791, "fair_value": 80.01508, "relative_strength": -37.692912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.458035, "energy": 18.72249, "activity_lines": [ 47.349639, 47.023488, 46.742791, 47.652788 ] }, { "date": "2026-03-13", "close": 43.24865, "volume": 0, "typical_volume": 155.15, "trend": 49.529413, "fair_value": 79.722912, "relative_strength": -36.598478, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.463217, "energy": 32.363342, "activity_lines": [ 45.867027, 46.36081, 46.437972, 47.205102 ] }, { "date": "2026-03-20", "close": 40.297295, "volume": 191, "typical_volume": 164.7, "trend": 48.750584, "fair_value": 79.415737, "relative_strength": -39.13654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.468333, "energy": 64.195618, "activity_lines": [ 43.65036, 45.221375, 45.870719, 46.609481 ] }, { "date": "2026-03-27", "close": 41.716213, "volume": 205, "typical_volume": 174.95, "trend": 48.156215, "fair_value": 79.117657, "relative_strength": -36.818797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.743064, "energy": 69.874877, "activity_lines": [ 42.486845, 44.487836, 45.463017, 46.155651 ] }, { "date": "2026-04-03", "close": 42.378376, "volume": 205, "typical_volume": 171.05, "trend": 47.65171, "fair_value": 78.823822, "relative_strength": -37.019271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.135359, "energy": 70.134395, "activity_lines": [ 42.032791, 43.96275, 45.130629, 45.782887 ] }, { "date": "2026-04-10", "close": 45.254051, "volume": 0, "typical_volume": 171.05, "trend": 47.252521, "fair_value": 78.536686, "relative_strength": -35.772684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.863659, "energy": 55.763088, "activity_lines": [ 42.985043, 43.990784, 45.085449, 45.6282 ] }, { "date": "2026-04-17", "close": 49.094593, "volume": 0, "typical_volume": 163.25, "trend": 46.923017, "fair_value": 78.270816, "relative_strength": -30.927489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.723285, "energy": 8.164921, "activity_lines": [ 45.156935, 44.710219, 45.405494, 45.747043 ] }, { "date": "2026-04-24", "close": 50.277027, "volume": 0, "typical_volume": 160.8, "trend": 46.591935, "fair_value": 78.032642, "relative_strength": -25.588539, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.557235, "energy": 22.681622, "activity_lines": [ 47.333242, 45.60646, 45.823647, 45.963431 ] }, { "date": "2026-05-01", "close": 49.472969, "volume": 232, "typical_volume": 164.45, "trend": 46.175719, "fair_value": 77.789314, "relative_strength": -26.064559, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.735227, "energy": 32.354153, "activity_lines": [ 48.576214, 46.33329, 46.147431, 46.149304 ] }, { "date": "2026-05-08", "close": 51.317566, "volume": 0, "typical_volume": 164.45, "trend": 46.254548, "fair_value": 77.557811, "relative_strength": -23.294285, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.345481, "energy": 59.793863, "activity_lines": [ 49.916935, 47.387762, 46.639232, 46.481036 ] }, { "date": "2026-05-15", "close": 49.236485, "volume": 0, "typical_volume": 164.45, "trend": 46.375944, "fair_value": 77.304026, "relative_strength": -24.910619, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.690064, "energy": 65.562889, "activity_lines": [ 49.968016, 48.023438, 46.907205, 46.673419 ] }, { "date": "2026-05-22", "close": 49.040001, "volume": 0, "typical_volume": 164.45, "trend": 46.438449, "fair_value": 77.048424, "relative_strength": -25.565765, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.288146, "energy": 53.206969, "activity_lines": [ 49.688107, 48.53447, 47.143267, 46.845293 ] }, { "date": "2026-05-29", "close": 50.450001, "volume": 0, "typical_volume": 164.45, "trend": 46.605972, "fair_value": 76.867266, "relative_strength": -24.169383, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.284153, "energy": 50.307095, "activity_lines": [ 49.881838, 49.196569, 47.501713, 47.104103 ] }, { "date": "2026-06-05", "close": 52.799999, "volume": 0, "typical_volume": 164.45, "trend": 46.889665, "fair_value": 76.708626, "relative_strength": -18.492272, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.171029, "energy": 56.06689, "activity_lines": [ 50.847369, 50.101346, 48.07436, 47.503718 ] }, { "date": "2026-06-12", "close": 55.349998, "volume": 232, "typical_volume": 165.8, "trend": 47.228719, "fair_value": 76.561746, "relative_strength": -15.5173, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.381112, "energy": 75.96583, "activity_lines": [ 52.441098, 51.268235, 48.860148, 48.049546 ] }, { "date": "2026-06-19", "close": 52.400002, "volume": 0, "typical_volume": 155.55, "trend": 47.470701, "fair_value": 76.381048, "relative_strength": -21.956069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.940558, "energy": 72.399509, "activity_lines": [ 52.782667, 51.662914, 49.311142, 48.383177 ] }, { "date": "2026-06-26", "close": 46.220001, "volume": 0, "typical_volume": 104.25, "trend": 47.476413, "fair_value": 76.14726, "relative_strength": -28.457079, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.520649, "energy": 33.130711, "activity_lines": [ 50.853334, 50.804029, 49.137734, 48.302487 ] }, { "date": "2026-07-03", "close": 48.900002, "volume": 214, "typical_volume": 114.95, "trend": 47.555062, "fair_value": 75.929506, "relative_strength": -24.689991, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.85801, "energy": 23.18209, "activity_lines": [ 50.005334, 50.484683, 49.223253, 48.394331 ] }, { "date": "2026-07-10", "close": 46.5, "volume": 1370, "typical_volume": 183.45, "trend": 47.509567, "fair_value": 75.674866, "relative_strength": -25.978337, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.0971, "energy": 18.784404, "activity_lines": [ 48.460668, 49.75401, 49.080677, 48.326263 ] }, { "date": "2026-07-17", "close": 50.099998, "volume": 720, "typical_volume": 219.45, "trend": 47.648395, "fair_value": 75.441296, "relative_strength": -17.239626, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.887031, "energy": 25.292833, "activity_lines": [ 48.536, 49.731936, 49.293087, 48.493387 ] }, { "date": "2026-07-24", "close": 53.25, "volume": 0, "typical_volume": 168.45, "trend": 47.874567, "fair_value": 75.215878, "relative_strength": -12.307728, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.93116, "energy": 21.085809, "activity_lines": [ 50.011333, 50.304727, 49.80071, 48.854781 ] }, { "date": "2026-07-31", "close": 58.150002, "volume": 214, "typical_volume": 179.15, "trend": 48.261549, "fair_value": 75.006102, "relative_strength": -3.385201, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.963247, "energy": 57.418614, "activity_lines": [ 53.063334, 51.695455, 50.7326, 49.517712 ] }, { "date": "2026-08-07", "close": 58.75, "volume": 0, "typical_volume": 169.6, "trend": 48.605468, "fair_value": 74.80304, "relative_strength": -4.409635, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.957218, "energy": 79.750372, "activity_lines": [ 55.52, 53.029637, 51.650673, 50.194387 ] } ], "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." } } }