{ "ticker": { "uuid": "5c928fe1-0226-4ded-b441-3c71db1b5fb9", "symbol": "3499", "name": "GlobalSat WorldCom Corporation", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -70.116, "architecture_energy": 81.813, "architecture_maturity": 32.815, "architecture_confidence": 86.436, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 12.02, "rotation_up": 12.02, "upward_expansion": 19.46, "deceleration": 37.4, "rotation_down": 75.57, "downward_expansion": 95.12 }, "activity_lines": [ 13.11, 13.656364, 14.260238, 14.991613 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 12.95, "trend_reference": 15.893333, "distance_from_trend": -0.185193, "trend_direction": "Weakening", "fair_value": 18.248077, "distance_from_fair_value": -0.290336, "fair_value_direction": "Weakening", "relative_strength": -41.784375, "relative_strength_direction": "Weakening", "price_momentum": -0.276536, "excess_performance": -0.717908, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.185193, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.036573, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.290336, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.062192, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.417844, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.040763, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.276536, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.012928, "read": "Demand-led" } ], "volume": { "latest": 144371, "relative_activity": 0.285844, "balance": 1.012928, "dry_up": 0.447299, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.07722, "annualized_volatility": 0.291317, "from_high_reference": -0.39627, "from_low_reference": 0.079167 }, "levels": { "trend_reference": 15.893333, "fair_value_reference": 18.248077, "structural_low": 12.0, "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": 23, "median_return": 0.009901, "positive_rate": 0.521739, "directional_follow_through": 0.478261, "median_excess_return": -0.002494, "regime_survival": 0.73913, "best_return": 0.672131, "worst_return": -0.123359, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.0776, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.07903, "regime_survival": 0.25, "best_return": 1.048, "worst_return": -0.232737, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.057743, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.00053, "regime_survival": 0.2, "best_return": 0.692, "worst_return": -0.186528, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.197114, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.091274, "regime_survival": 0.25, "best_return": 0.248634, "worst_return": -0.084399, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": 0.132388, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.117647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.014423, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.002646, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-08-22", "tenure": "Extended", "return": -0.196931, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": 0.012739, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-12-19", "tenure": "Developing", "return": 0.119454, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-06", "tenure": "Developing", "return": -0.113861, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": 0.159159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": -0.107239, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.057751, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": 0.006897, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-14", "tenure": "Developing", "return": -0.109966, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 19.6, "volume": 1226000, "typical_volume": 4728100.0, "trend": 20.225, "fair_value": 16.452885, "relative_strength": -5.60576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.218511, "energy": 5.491067, "activity_lines": [ 20.483334, 20.636364, 20.749524, 20.650323 ] }, { "date": "2023-08-18", "close": 20.4, "volume": 1558000, "typical_volume": 4093200.0, "trend": 20.303333, "fair_value": 16.514103, "relative_strength": -0.462836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.562998, "energy": 11.663525, "activity_lines": [ 20.31, 20.578182, 20.697381, 20.661613 ] }, { "date": "2023-08-25", "close": 20.25, "volume": 789000, "typical_volume": 4034450.0, "trend": 20.383333, "fair_value": 16.573397, "relative_strength": -1.735251, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.084117, "energy": 13.82463, "activity_lines": [ 20.243333, 20.514546, 20.635476, 20.658172 ] }, { "date": "2023-09-01", "close": 19.799999, "volume": 497000, "typical_volume": 3109900.0, "trend": 20.411666, "fair_value": 16.633654, "relative_strength": -4.72997, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.189193, "energy": 25.708584, "activity_lines": [ 20.073333, 20.370909, 20.534286, 20.620538 ] }, { "date": "2023-09-08", "close": 20.049999, "volume": 360000, "typical_volume": 2663950.0, "trend": 20.478333, "fair_value": 16.696795, "relative_strength": -2.967897, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.045843, "energy": 21.514677, "activity_lines": [ 20.039999, 20.280909, 20.47119, 20.597204 ] }, { "date": "2023-09-15", "close": 19.700001, "volume": 435000, "typical_volume": 2430650.0, "trend": 20.526666, "fair_value": 16.75609, "relative_strength": -6.479222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.939082, "energy": 24.292265, "activity_lines": [ 19.933333, 20.131818, 20.382143, 20.546989 ] }, { "date": "2023-09-22", "close": 18.5, "volume": 504000, "typical_volume": 2311200.0, "trend": 20.533333, "fair_value": 16.808013, "relative_strength": -8.931897, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.260394, "energy": 50.809954, "activity_lines": [ 19.42, 19.771818, 20.193571, 20.416237 ] }, { "date": "2023-09-29", "close": 18.299999, "volume": 168000, "typical_volume": 2171450.0, "trend": 20.521666, "fair_value": 16.859295, "relative_strength": -9.848733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.496472, "energy": 57.741373, "activity_lines": [ 18.966666, 19.452727, 19.999286, 20.27215 ] }, { "date": "2023-10-06", "close": 18.950001, "volume": 443000, "typical_volume": 2071150.0, "trend": 20.526667, "fair_value": 16.914103, "relative_strength": -7.583873, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.398862, "energy": 54.947837, "activity_lines": [ 18.86, 19.3, 19.872381, 20.170753 ] }, { "date": "2023-10-13", "close": 18.299999, "volume": 212000, "typical_volume": 1967850.0, "trend": 20.526667, "fair_value": 16.965705, "relative_strength": -12.061694, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.817979, "energy": 63.921011, "activity_lines": [ 18.593333, 19.059091, 19.689048, 20.027097 ] }, { "date": "2023-10-20", "close": 17.0, "volume": 638000, "typical_volume": 1476750.0, "trend": 20.34, "fair_value": 17.008333, "relative_strength": -16.573089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.007436, "energy": 73.461144, "activity_lines": [ 18.01, 18.625454, 19.39, 19.79957 ] }, { "date": "2023-10-27", "close": 17.0, "volume": 315000, "typical_volume": 1323950.0, "trend": 20.195, "fair_value": 17.050961, "relative_strength": -15.021843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.233025, "energy": 72.855651, "activity_lines": [ 17.606667, 18.239091, 19.111667, 19.584086 ] }, { "date": "2023-11-03", "close": 17.1, "volume": 213000, "typical_volume": 1232600.0, "trend": 20.065, "fair_value": 17.094551, "relative_strength": -16.443198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.043537, "energy": 76.1629, "activity_lines": [ 17.336667, 17.932727, 18.864762, 19.384409 ] }, { "date": "2023-11-10", "close": 17.0, "volume": 216000, "typical_volume": 1192150.0, "trend": 19.871667, "fair_value": 17.1375, "relative_strength": -17.427163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.607346, "energy": 77.038984, "activity_lines": [ 17.113333, 17.665454, 18.623809, 19.186667 ] }, { "date": "2023-11-17", "close": 17.25, "volume": 131000, "typical_volume": 1103900.0, "trend": 19.726667, "fair_value": 17.183013, "relative_strength": -18.447785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.515834, "energy": 76.326119, "activity_lines": [ 17.103333, 17.494545, 18.422143, 19.017527 ] }, { "date": "2023-11-24", "close": 18.1, "volume": 471000, "typical_volume": 1056750.0, "trend": 19.57, "fair_value": 17.233654, "relative_strength": -14.326689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.244578, "energy": 52.980594, "activity_lines": [ 17.446667, 17.529091, 18.315952, 18.912581 ] }, { "date": "2023-12-01", "close": 17.85, "volume": 263000, "typical_volume": 778000.0, "trend": 19.455, "fair_value": 17.28109, "relative_strength": -15.921444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.724281, "energy": 38.567978, "activity_lines": [ 17.633333, 17.547273, 18.195476, 18.801613 ] }, { "date": "2023-12-08", "close": 20.75, "volume": 1857000, "typical_volume": 728700.0, "trend": 19.498333, "fair_value": 17.346795, "relative_strength": -1.719501, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.973709, "energy": 16.004977, "activity_lines": [ 18.73, 18.104545, 18.374524, 18.885161 ] }, { "date": "2023-12-15", "close": 24.25, "volume": 12337000, "typical_volume": 1240650.0, "trend": 19.636667, "fair_value": 17.425641, "relative_strength": 12.897856, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.664176, "energy": 51.129301, "activity_lines": [ 20.75, 19.253636, 18.887857, 19.19172 ] }, { "date": "2023-12-22", "close": 21.4, "volume": 4595000, "typical_volume": 1361400.0, "trend": 19.683333, "fair_value": 17.488461, "relative_strength": 0.310524, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.303974, "energy": 45.057837, "activity_lines": [ 21.336667, 19.788182, 19.112381, 19.305484 ] }, { "date": "2023-12-29", "close": 20.9, "volume": 1586000, "typical_volume": 1379400.0, "trend": 19.668333, "fair_value": 17.548397, "relative_strength": -3.670024, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.782829, "energy": 47.353901, "activity_lines": [ 21.48, 20.175455, 19.285952, 19.383978 ] }, { "date": "2024-01-05", "close": 21.049999, "volume": 1465000, "typical_volume": 1374750.0, "trend": 19.65, "fair_value": 17.596795, "relative_strength": -0.524047, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.184685, "energy": 58.755603, "activity_lines": [ 21.486666, 20.519091, 19.467619, 19.473118 ] }, { "date": "2024-01-12", "close": 23.1, "volume": 14427000, "typical_volume": 2056650.0, "trend": 19.741667, "fair_value": 17.664103, "relative_strength": 9.129371, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.172629, "energy": 41.413936, "activity_lines": [ 21.963333, 21.161818, 19.841428, 19.695699 ] }, { "date": "2024-01-19", "close": 22.450001, "volume": 5400160, "typical_volume": 2301808.0, "trend": 19.815, "fair_value": 17.724359, "relative_strength": 4.959822, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.954211, "energy": 45.638422, "activity_lines": [ 22.066667, 21.577273, 20.139762, 19.87043 ] }, { "date": "2024-01-26", "close": 23.1, "volume": 8342000, "typical_volume": 2700908.0, "trend": 19.908333, "fair_value": 17.790705, "relative_strength": 5.968363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.574834, "energy": 47.904163, "activity_lines": [ 22.506667, 22.011818, 20.487381, 20.082366 ] }, { "date": "2024-02-02", "close": 23.4, "volume": 3957000, "typical_volume": 2877008.0, "trend": 20.018333, "fair_value": 17.863141, "relative_strength": 6.821208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.706826, "energy": 49.290924, "activity_lines": [ 22.933333, 22.394545, 20.849048, 20.307634 ] }, { "date": "2024-02-09", "close": 22.5, "volume": 720000, "typical_volume": 2887808.0, "trend": 20.01, "fair_value": 17.934615, "relative_strength": 2.369089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.864754, "energy": 43.256796, "activity_lines": [ 22.893333, 22.517273, 21.107381, 20.467742 ] }, { "date": "2024-02-16", "close": 22.65, "volume": 1762000, "typical_volume": 2967508.0, "trend": 20.066667, "fair_value": 18.008333, "relative_strength": 0.159766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.583787, "energy": 38.526888, "activity_lines": [ 22.806667, 22.582727, 21.360952, 20.638064 ] }, { "date": "2024-02-23", "close": 21.65, "volume": 2173000, "typical_volume": 3054008.0, "trend": 20.101667, "fair_value": 18.076923, "relative_strength": -5.640215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.29335, "energy": 26.982297, "activity_lines": [ 22.416667, 22.431818, 21.498571, 20.740215 ] }, { "date": "2024-03-01", "close": 21.6, "volume": 1422000, "typical_volume": 3114508.0, "trend": 20.131667, "fair_value": 18.142628, "relative_strength": -6.009888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.660844, "energy": 19.159084, "activity_lines": [ 22.063333, 22.319091, 21.618571, 20.836882 ] }, { "date": "2024-03-08", "close": 21.299999, "volume": 2491000, "typical_volume": 3207158.0, "trend": 20.188333, "fair_value": 18.205449, "relative_strength": -11.10512, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.091325, "energy": 17.409048, "activity_lines": [ 21.71, 22.148182, 21.694286, 20.912258 ] }, { "date": "2024-03-15", "close": 21.799999, "volume": 2212000, "typical_volume": 3302008.0, "trend": 20.235, "fair_value": 18.271154, "relative_strength": -8.43164, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.207576, "energy": 17.148126, "activity_lines": [ 21.663333, 22.060909, 21.797143, 21.016236 ] }, { "date": "2024-03-22", "close": 21.9, "volume": 1055000, "typical_volume": 3344108.0, "trend": 20.29, "fair_value": 18.336538, "relative_strength": -10.011427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.069097, "energy": 15.063311, "activity_lines": [ 21.696666, 21.978182, 21.886667, 21.123656 ] }, { "date": "2024-03-29", "close": 22.700001, "volume": 1910000, "typical_volume": 3428808.0, "trend": 20.386667, "fair_value": 18.397436, "relative_strength": -6.689117, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.474194, "energy": 18.974536, "activity_lines": [ 22.046667, 22.062727, 22.029524, 21.27914 ] }, { "date": "2024-04-05", "close": 22.85, "volume": 1158000, "typical_volume": 3480158.0, "trend": 20.48, "fair_value": 18.463782, "relative_strength": -5.966308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.616421, "energy": 27.365391, "activity_lines": [ 22.376667, 22.17, 22.159524, 21.438064 ] }, { "date": "2024-04-12", "close": 21.15, "volume": 4301000, "typical_volume": 3671658.0, "trend": 20.528333, "fair_value": 18.518269, "relative_strength": -14.067885, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.285986, "energy": 16.743017, "activity_lines": [ 22.056667, 21.972727, 22.100952, 21.48129 ] }, { "date": "2024-04-19", "close": 19.25, "volume": 1856000, "typical_volume": 3751308.0, "trend": 20.553333, "fair_value": 18.557692, "relative_strength": -16.403501, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.877195, "energy": 8.61208, "activity_lines": [ 21.113333, 21.470909, 21.846905, 21.398817 ] }, { "date": "2024-04-26", "close": 19.65, "volume": 611000, "typical_volume": 3689008.0, "trend": 20.598333, "fair_value": 18.584615, "relative_strength": -16.52026, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.546972, "energy": 35.50613, "activity_lines": [ 20.473333, 21.100909, 21.624286, 21.340538 ] }, { "date": "2024-05-03", "close": 19.450001, "volume": 491000, "typical_volume": 3096708.0, "trend": 20.615, "fair_value": 18.603846, "relative_strength": -17.672675, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.156001, "energy": 48.026249, "activity_lines": [ 19.916667, 20.749091, 21.387857, 21.266452 ] }, { "date": "2024-05-10", "close": 20.1, "volume": 699000, "typical_volume": 2901908.0, "trend": 20.675, "fair_value": 18.629487, "relative_strength": -16.081993, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.31157, "energy": 47.706037, "activity_lines": [ 19.793334, 20.555455, 21.236191, 21.233226 ] }, { "date": "2024-05-17", "close": 20.85, "volume": 1056000, "typical_volume": 2875408.0, "trend": 20.803333, "fair_value": 18.6625, "relative_strength": -14.830507, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.594155, "energy": 40.359596, "activity_lines": [ 20.103334, 20.525455, 21.162143, 21.244516 ] }, { "date": "2024-05-24", "close": 22.1, "volume": 2570000, "typical_volume": 2930658.0, "trend": 20.973333, "fair_value": 18.722756, "relative_strength": -10.730309, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.134722, "energy": 5.765909, "activity_lines": [ 20.85, 20.730909, 21.207381, 21.328172 ] }, { "date": "2024-05-31", "close": 22.0, "volume": 5499000, "typical_volume": 2484258.0, "trend": 21.136667, "fair_value": 18.784936, "relative_strength": -9.129071, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.580818, "energy": 12.476015, "activity_lines": [ 21.373333, 20.912727, 21.238095, 21.394409 ] }, { "date": "2024-06-07", "close": 21.9, "volume": 1981000, "typical_volume": 2313300.0, "trend": 21.3, "fair_value": 18.844551, "relative_strength": -11.96292, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.746732, "energy": 17.49163, "activity_lines": [ 21.706667, 21.074546, 21.264524, 21.443656 ] }, { "date": "2024-06-14", "close": 21.0, "volume": 1157000, "typical_volume": 1954050.0, "trend": 21.425, "fair_value": 18.896154, "relative_strength": -17.666058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.948829, "energy": 12.657264, "activity_lines": [ 21.576667, 21.087273, 21.207857, 21.424301 ] }, { "date": "2024-06-21", "close": 22.25, "volume": 1755000, "typical_volume": 1843950.0, "trend": 21.563333, "fair_value": 18.95609, "relative_strength": -15.257063, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.635935, "energy": 15.519752, "activity_lines": [ 21.803333, 21.360909, 21.280238, 21.477527 ] }, { "date": "2024-06-28", "close": 22.35, "volume": 1345000, "typical_volume": 1875200.0, "trend": 21.713333, "fair_value": 19.01859, "relative_strength": -13.721354, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.477695, "energy": 19.165547, "activity_lines": [ 21.97, 21.632727, 21.367619, 21.52828 ] }, { "date": "2024-07-05", "close": 24.0, "volume": 5265000, "typical_volume": 2050350.0, "trend": 21.821667, "fair_value": 19.091987, "relative_strength": -9.122898, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.67073, "energy": 37.080255, "activity_lines": [ 22.67, 22.148182, 21.612857, 21.675806 ] }, { "date": "2024-07-12", "close": 22.549999, "volume": 3929000, "typical_volume": 2138150.0, "trend": 21.765, "fair_value": 19.152885, "relative_strength": -15.35768, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.196291, "energy": 37.785204, "activity_lines": [ 22.753333, 22.320909, 21.713571, 21.722796 ] }, { "date": "2024-07-19", "close": 21.65, "volume": 1515000, "typical_volume": 2142800.0, "trend": 21.773333, "fair_value": 19.207372, "relative_strength": -14.595125, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.054365, "energy": 29.53998, "activity_lines": [ 22.493333, 22.273636, 21.724286, 21.715376 ] }, { "date": "2024-07-26", "close": 21.0, "volume": 517000, "typical_volume": 2044100.0, "trend": 21.776667, "fair_value": 19.25032, "relative_strength": -13.989296, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -2.432698, "energy": 7.308991, "activity_lines": [ 21.973333, 22.08, 21.672857, 21.665484 ] }, { "date": "2024-08-02", "close": 20.85, "volume": 660000, "typical_volume": 1966500.0, "trend": 21.77, "fair_value": 19.289744, "relative_strength": -12.299414, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.951836, "energy": 13.387, "activity_lines": [ 21.486667, 21.856364, 21.608571, 21.605699 ] }, { "date": "2024-08-09", "close": 20.25, "volume": 1094000, "typical_volume": 1968450.0, "trend": 21.675, "fair_value": 19.330769, "relative_strength": -13.794095, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.909162, "energy": 31.761202, "activity_lines": [ 20.9, 21.546364, 21.491667, 21.507634 ] }, { "date": "2024-08-16", "close": 20.35, "volume": 975000, "typical_volume": 1921700.0, "trend": 21.605, "fair_value": 19.372756, "relative_strength": -16.288199, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.717448, "energy": 36.993681, "activity_lines": [ 20.596667, 21.286364, 21.392143, 21.422151 ] }, { "date": "2024-08-23", "close": 20.200001, "volume": 460000, "typical_volume": 1886800.0, "trend": 21.508333, "fair_value": 19.41891, "relative_strength": -15.715524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.892116, "energy": 49.563642, "activity_lines": [ 20.39, 21.027273, 21.289524, 21.331505 ] }, { "date": "2024-08-30", "close": 20.4, "volume": 603000, "typical_volume": 1701900.0, "trend": 21.408333, "fair_value": 19.470833, "relative_strength": -14.887858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.196834, "energy": 48.771984, "activity_lines": [ 20.346667, 20.819091, 21.218571, 21.26 ] }, { "date": "2024-09-06", "close": 19.6, "volume": 559000, "typical_volume": 1637050.0, "trend": 21.311667, "fair_value": 19.513782, "relative_strength": -14.597686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.574278, "energy": 51.601145, "activity_lines": [ 20.076667, 20.499091, 21.075, 21.143333 ] }, { "date": "2024-09-13", "close": 19.950001, "volume": 651000, "typical_volume": 1639050.0, "trend": 21.221667, "fair_value": 19.558654, "relative_strength": -13.986606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.562011, "energy": 46.526151, "activity_lines": [ 20.006667, 20.292728, 20.963095, 21.055484 ] }, { "date": "2024-09-20", "close": 20.4, "volume": 503000, "typical_volume": 1639650.0, "trend": 21.18, "fair_value": 19.607692, "relative_strength": -13.302724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.867269, "energy": 35.886494, "activity_lines": [ 20.106667, 20.241818, 20.892619, 21.002473 ] }, { "date": "2024-09-27", "close": 22.75, "volume": 1577000, "typical_volume": 1683550.0, "trend": 21.218333, "fair_value": 19.672115, "relative_strength": -5.917564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.309678, "energy": 7.21779, "activity_lines": [ 20.986667, 20.657273, 21.041429, 21.103764 ] }, { "date": "2024-10-04", "close": 22.25, "volume": 3159000, "typical_volume": 1788700.0, "trend": 21.25, "fair_value": 19.734615, "relative_strength": -5.583553, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.63443, "energy": 14.303255, "activity_lines": [ 21.53, 20.961818, 21.13, 21.170323 ] }, { "date": "2024-10-11", "close": 22.85, "volume": 10322000, "typical_volume": 2176300.0, "trend": 21.285, "fair_value": 19.801282, "relative_strength": -5.413748, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.806663, "energy": 25.874603, "activity_lines": [ 22.15, 21.352727, 21.269048, 21.273548 ] }, { "date": "2024-10-18", "close": 21.4, "volume": 3816000, "typical_volume": 2092150.0, "trend": 21.268333, "fair_value": 19.860256, "relative_strength": -13.430742, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.861188, "energy": 25.672123, "activity_lines": [ 22.07, 21.443636, 21.266429, 21.280968 ] }, { "date": "2024-10-25", "close": 21.4, "volume": 1784000, "typical_volume": 2082300.0, "trend": 21.225, "fair_value": 19.919872, "relative_strength": -12.697361, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 38.99542, "energy": 26.808239, "activity_lines": [ 21.893333, 21.513636, 21.266667, 21.289462 ] }, { "date": "2024-11-01", "close": 21.15, "volume": 767000, "typical_volume": 2062800.0, "trend": 21.168333, "fair_value": 19.975641, "relative_strength": -11.390085, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.722494, "energy": 16.356089, "activity_lines": [ 21.566667, 21.519091, 21.245476, 21.284624 ] }, { "date": "2024-11-08", "close": 21.4, "volume": 838000, "typical_volume": 2016950.0, "trend": 21.176667, "fair_value": 20.027885, "relative_strength": -13.112014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.555358, "energy": 11.145328, "activity_lines": [ 21.43, 21.552727, 21.247381, 21.29957 ] }, { "date": "2024-11-15", "close": 22.700001, "volume": 3459000, "typical_volume": 2122650.0, "trend": 21.291667, "fair_value": 20.086218, "relative_strength": -4.539169, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.509063, "energy": 15.823146, "activity_lines": [ 21.783334, 21.804546, 21.377143, 21.39785 ] }, { "date": "2024-11-22", "close": 23.950001, "volume": 3066478, "typical_volume": 2012723.9, "trend": 21.435, "fair_value": 20.155128, "relative_strength": 0.009578, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.49533, "energy": 41.850887, "activity_lines": [ 22.563334, 22.227273, 21.624286, 21.569355 ] }, { "date": "2024-11-29", "close": 22.950001, "volume": 1923000, "typical_volume": 1912423.9, "trend": 21.551667, "fair_value": 20.204487, "relative_strength": -1.416523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.298808, "energy": 48.030595, "activity_lines": [ 22.840001, 22.395455, 21.776429, 21.667097 ] }, { "date": "2024-12-06", "close": 23.450001, "volume": 2084000, "typical_volume": 1940873.9, "trend": 21.663334, "fair_value": 20.222756, "relative_strength": -2.985475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.541791, "energy": 55.348157, "activity_lines": [ 23.180001, 22.608182, 21.974286, 21.78957 ] }, { "date": "2024-12-13", "close": 22.200001, "volume": 2016000, "typical_volume": 2015823.9, "trend": 21.708334, "fair_value": 20.239423, "relative_strength": -6.766017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.568005, "energy": 43.783219, "activity_lines": [ 22.950001, 22.58091, 22.044524, 21.824194 ] }, { "date": "2024-12-20", "close": 20.25, "volume": 1571000, "typical_volume": 2061373.9, "trend": 21.646667, "fair_value": 20.207692, "relative_strength": -12.512927, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.691148, "energy": 8.717723, "activity_lines": [ 22.016667, 22.200001, 21.923334, 21.730108 ] }, { "date": "2024-12-27", "close": 20.799999, "volume": 694000, "typical_volume": 2041373.9, "trend": 21.606667, "fair_value": 20.177564, "relative_strength": -12.647636, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.264357, "energy": 8.033572, "activity_lines": [ 21.43, 21.966364, 21.857381, 21.675484 ] }, { "date": "2025-01-03", "close": 20.9, "volume": 500000, "typical_volume": 2017623.9, "trend": 21.573334, "fair_value": 20.147436, "relative_strength": -10.332588, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.491074, "energy": 18.359795, "activity_lines": [ 21.086667, 21.761818, 21.798334, 21.629893 ] }, { "date": "2025-01-10", "close": 20.5, "volume": 580000, "typical_volume": 2023623.9, "trend": 21.556667, "fair_value": 20.114423, "relative_strength": -11.730139, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.253642, "energy": 26.574313, "activity_lines": [ 20.746667, 21.493637, 21.698572, 21.560645 ] }, { "date": "2025-01-17", "close": 18.9, "volume": 1201000, "typical_volume": 2053523.9, "trend": 21.445, "fair_value": 20.089423, "relative_strength": -18.393663, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.399502, "energy": 54.27645, "activity_lines": [ 20.07, 20.946364, 21.445, 21.389248 ] }, { "date": "2025-01-24", "close": 18.950001, "volume": 152000, "typical_volume": 2033173.9, "trend": 21.331667, "fair_value": 20.074038, "relative_strength": -18.743309, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.178551, "energy": 67.679602, "activity_lines": [ 19.63, 20.453637, 21.203334, 21.22828 ] }, { "date": "2025-02-07", "close": 19.549999, "volume": 354876, "typical_volume": 2018367.7, "trend": 21.183333, "fair_value": 20.048718, "relative_strength": -15.240937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.765986, "energy": 62.948, "activity_lines": [ 19.476667, 20.138182, 21.021905, 21.113334 ] }, { "date": "2025-02-14", "close": 19.5, "volume": 354270, "typical_volume": 2010931.2, "trend": 21.081667, "fair_value": 20.029808, "relative_strength": -13.590057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.242185, "energy": 58.222528, "activity_lines": [ 19.39, 19.893636, 20.837619, 21.004731 ] }, { "date": "2025-02-21", "close": 19.6, "volume": 349105, "typical_volume": 1949536.45, "trend": 21.013334, "fair_value": 19.996795, "relative_strength": -14.601771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.981004, "energy": 48.281968, "activity_lines": [ 19.43, 19.73, 20.667143, 20.90914 ] }, { "date": "2025-02-28", "close": 19.299999, "volume": 293845, "typical_volume": 1806278.7, "trend": 20.956667, "fair_value": 19.972115, "relative_strength": -12.904088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.457931, "energy": 41.547781, "activity_lines": [ 19.43, 19.581818, 20.483095, 20.798602 ] }, { "date": "2025-03-07", "close": 18.75, "volume": 417104, "typical_volume": 1311033.9, "trend": 20.886667, "fair_value": 19.9625, "relative_strength": -13.058418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.825556, "energy": 52.138932, "activity_lines": [ 19.22, 19.386363, 20.260714, 20.656237 ] }, { "date": "2025-03-14", "close": 18.0, "volume": 533188, "typical_volume": 1146893.3, "trend": 20.811667, "fair_value": 19.946474, "relative_strength": -13.779612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.70012, "energy": 65.890763, "activity_lines": [ 18.773333, 19.081818, 19.986429, 20.47 ] }, { "date": "2025-03-21", "close": 18.15, "volume": 308134, "typical_volume": 1073100.0, "trend": 20.738333, "fair_value": 19.941346, "relative_strength": -13.496454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.570521, "energy": 74.135879, "activity_lines": [ 18.48, 18.855454, 19.742619, 20.29828 ] }, { "date": "2025-03-28", "close": 16.85, "volume": 567100, "typical_volume": 1063105.0, "trend": 20.626667, "fair_value": 19.926282, "relative_strength": -16.926971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.777042, "energy": 89.832861, "activity_lines": [ 17.843333, 18.442727, 19.390476, 20.047419 ] }, { "date": "2025-04-04", "close": 16.799999, "volume": 397275, "typical_volume": 1041068.75, "trend": 20.506667, "fair_value": 19.894551, "relative_strength": -15.417421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.46756, "energy": 90.183488, "activity_lines": [ 17.373333, 18.087272, 19.054047, 19.800538 ] }, { "date": "2025-04-11", "close": 13.45, "volume": 766058, "typical_volume": 906421.65, "trend": 20.301667, "fair_value": 19.845192, "relative_strength": -25.479815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.794752, "energy": 96.432229, "activity_lines": [ 15.953333, 17.160909, 18.420476, 19.345269 ] }, { "date": "2025-04-18", "close": 13.65, "volume": 286550, "typical_volume": 767425.25, "trend": 20.091667, "fair_value": 19.795513, "relative_strength": -23.345952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.978181, "energy": 95.228408, "activity_lines": [ 14.953333, 16.370909, 17.85, 18.916129 ] }, { "date": "2025-04-25", "close": 13.25, "volume": 316030, "typical_volume": 687076.75, "trend": 19.853333, "fair_value": 19.752244, "relative_strength": -26.892263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.894075, "energy": 94.259974, "activity_lines": [ 14.11, 15.615454, 17.290476, 18.474731 ] }, { "date": "2025-05-02", "close": 15.55, "volume": 1145380, "typical_volume": 640145.75, "trend": 19.613333, "fair_value": 19.729808, "relative_strength": -17.580785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.934789, "energy": 80.562811, "activity_lines": [ 14.36, 15.391818, 16.99619, 18.197097 ] }, { "date": "2025-05-09", "close": 15.0, "volume": 411055, "typical_volume": 559898.5, "trend": 19.371667, "fair_value": 19.713782, "relative_strength": -20.577149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.646784, "energy": 65.134781, "activity_lines": [ 14.513333, 15.141818, 16.687143, 17.899462 ] }, { "date": "2025-05-16", "close": 15.05, "volume": 262010, "typical_volume": 494449.0, "trend": 19.111667, "fair_value": 19.695513, "relative_strength": -23.239838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.241645, "energy": 57.904132, "activity_lines": [ 14.803333, 14.979091, 16.417143, 17.620645 ] }, { "date": "2025-05-23", "close": 15.0, "volume": 142003, "typical_volume": 466849.15, "trend": 18.898333, "fair_value": 19.682372, "relative_strength": -22.339169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.90466, "energy": 43.091257, "activity_lines": [ 14.97, 14.874545, 16.167143, 17.355376 ] }, { "date": "2025-05-30", "close": 14.95, "volume": 143069, "typical_volume": 449002.6, "trend": 18.683333, "fair_value": 19.649038, "relative_strength": -20.939351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.970133, "energy": 40.960743, "activity_lines": [ 15.03, 14.815455, 15.94, 17.100645 ] }, { "date": "2025-06-06", "close": 14.95, "volume": 148830, "typical_volume": 427444.1, "trend": 18.476667, "fair_value": 19.623397, "relative_strength": -21.488565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.165339, "energy": 36.423798, "activity_lines": [ 14.976667, 14.814545, 15.74119, 16.859785 ] }, { "date": "2025-06-13", "close": 14.65, "volume": 167767, "typical_volume": 375782.45, "trend": 18.251667, "fair_value": 19.595192, "relative_strength": -23.93837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.978096, "energy": 37.780712, "activity_lines": [ 14.863333, 14.793636, 15.540238, 16.612903 ] }, { "date": "2025-06-20", "close": 13.9, "volume": 199263, "typical_volume": 378145.6, "trend": 17.958333, "fair_value": 19.557051, "relative_strength": -27.258084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.475753, "energy": 45.921898, "activity_lines": [ 14.523333, 14.675455, 15.288095, 16.33215 ] }, { "date": "2025-06-27", "close": 13.45, "volume": 257214, "typical_volume": 373262.5, "trend": 17.608333, "fair_value": 19.523397, "relative_strength": -30.723534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.855751, "energy": 52.049553, "activity_lines": [ 14.11, 14.467273, 15.017143, 16.04129 ] }, { "date": "2025-07-04", "close": 13.75, "volume": 174389, "typical_volume": 364268.45, "trend": 17.301667, "fair_value": 19.495513, "relative_strength": -28.499411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.593373, "energy": 53.006243, "activity_lines": [ 13.9, 14.317273, 14.803809, 15.792366 ] }, { "date": "2025-07-11", "close": 13.95, "volume": 91055, "typical_volume": 351365.95, "trend": 16.985, "fair_value": 19.477885, "relative_strength": -27.444698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.915428, "energy": 70.016066, "activity_lines": [ 13.836667, 14.194545, 14.636905, 15.576129 ] }, { "date": "2025-07-18", "close": 13.9, "volume": 123317, "typical_volume": 342839.55, "trend": 16.708333, "fair_value": 19.459615, "relative_strength": -29.096935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.011454, "energy": 65.686452, "activity_lines": [ 13.823333, 14.091818, 14.492143, 15.377097 ] }, { "date": "2025-07-25", "close": 13.85, "volume": 89135, "typical_volume": 326441.1, "trend": 16.495, "fair_value": 19.441026, "relative_strength": -28.716628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.822799, "energy": 49.039082, "activity_lines": [ 13.843333, 14.0, 14.368333, 15.192688 ] }, { "date": "2025-08-01", "close": 14.15, "volume": 162665, "typical_volume": 307914.95, "trend": 16.273333, "fair_value": 19.420513, "relative_strength": -26.805162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.546512, "energy": 45.349632, "activity_lines": [ 13.966667, 13.984545, 14.296429, 15.041398 ] }, { "date": "2025-08-08", "close": 14.9, "volume": 637280, "typical_volume": 324372.25, "trend": 16.073333, "fair_value": 19.407051, "relative_strength": -24.202037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.846541, "energy": 27.409159, "activity_lines": [ 14.293333, 14.120909, 14.314286, 14.952796 ] }, { "date": "2025-08-15", "close": 14.8, "volume": 198442, "typical_volume": 305939.35, "trend": 15.883333, "fair_value": 19.380128, "relative_strength": -25.090057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.964926, "energy": 18.96241, "activity_lines": [ 14.51, 14.24, 14.338095, 14.870645 ] }, { "date": "2025-08-22", "close": 15.7, "volume": 1435288, "typical_volume": 357840.0, "trend": 15.776667, "fair_value": 19.360577, "relative_strength": -18.14418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.692102, "energy": 17.663441, "activity_lines": [ 14.97, 14.525455, 14.457381, 14.858817 ] }, { "date": "2025-08-29", "close": 15.7, "volume": 665015, "typical_volume": 352787.85, "trend": 15.668333, "fair_value": 19.335897, "relative_strength": -19.219462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.478797, "energy": 23.374884, "activity_lines": [ 15.31, 14.791818, 14.581905, 14.853871 ] }, { "date": "2025-09-05", "close": 15.9, "volume": 496152, "typical_volume": 363267.95, "trend": 15.546667, "fair_value": 19.3125, "relative_strength": -18.542255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.42101, "energy": 34.897536, "activity_lines": [ 15.593333, 15.061818, 14.714762, 14.868817 ] }, { "date": "2025-09-12", "close": 15.0, "volume": 465421, "typical_volume": 370737.5, "trend": 15.396667, "fair_value": 19.284936, "relative_strength": -25.524398, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.650849, "energy": 26.897815, "activity_lines": [ 15.46, 15.123636, 14.75119, 14.833548 ] }, { "date": "2025-09-19", "close": 15.5, "volume": 237709, "typical_volume": 325353.95, "trend": 15.26, "fair_value": 19.267308, "relative_strength": -22.770026, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.840297, "energy": 30.460941, "activity_lines": [ 15.486667, 15.253636, 14.826905, 14.840215 ] }, { "date": "2025-09-26", "close": 15.0, "volume": 301498, "typical_volume": 319876.1, "trend": 15.116667, "fair_value": 19.248077, "relative_strength": -24.649807, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.394381, "energy": 18.332485, "activity_lines": [ 15.3, 15.264545, 14.855238, 14.823441 ] }, { "date": "2025-10-03", "close": 14.65, "volume": 220542, "typical_volume": 317802.7, "trend": 14.98, "fair_value": 19.233013, "relative_strength": -28.865049, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.003321, "energy": 7.677639, "activity_lines": [ 15.043333, 15.191818, 14.850238, 14.793333 ] }, { "date": "2025-10-10", "close": 15.0, "volume": 305186, "typical_volume": 325961.85, "trend": 14.88, "fair_value": 19.230128, "relative_strength": -27.799766, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.177592, "energy": 7.457388, "activity_lines": [ 14.973333, 15.168182, 14.880476, 14.794624 ] }, { "date": "2025-10-17", "close": 14.85, "volume": 302016, "typical_volume": 333909.2, "trend": 14.77, "fair_value": 19.224038, "relative_strength": -27.693642, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.375439, "energy": 17.276296, "activity_lines": [ 14.913333, 15.101818, 14.896429, 14.792688 ] }, { "date": "2025-10-24", "close": 14.9, "volume": 154916, "typical_volume": 334213.5, "trend": 14.705, "fair_value": 19.230128, "relative_strength": -27.369041, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.719671, "energy": 15.650954, "activity_lines": [ 14.88, 15.045455, 14.917619, 14.801075 ] }, { "date": "2025-10-31", "close": 14.3, "volume": 250951, "typical_volume": 338372.7, "trend": 14.621667, "fair_value": 19.237179, "relative_strength": -31.29763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.058081, "energy": 7.500454, "activity_lines": [ 14.686667, 14.878182, 14.881905, 14.774946 ] }, { "date": "2025-11-07", "close": 14.45, "volume": 104034, "typical_volume": 333611.25, "trend": 14.655, "fair_value": 19.244231, "relative_strength": -28.357442, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.645796, "energy": 12.883976, "activity_lines": [ 14.59, 14.763636, 14.862143, 14.763871 ] }, { "date": "2025-11-14", "close": 14.3, "volume": 135000, "typical_volume": 327500.55, "trend": 14.676667, "fair_value": 19.226282, "relative_strength": -27.707212, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.085852, "energy": 18.144265, "activity_lines": [ 14.456667, 14.644545, 14.825476, 14.740968 ] }, { "date": "2025-11-21", "close": 13.2, "volume": 351146, "typical_volume": 336338.4, "trend": 14.675, "fair_value": 19.197756, "relative_strength": -29.907114, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.844383, "energy": 48.892976, "activity_lines": [ 14.003333, 14.354545, 14.68, 14.645699 ] }, { "date": "2025-11-28", "close": 14.7, "volume": 628004, "typical_volume": 363185.85, "trend": 14.646667, "fair_value": 19.160577, "relative_strength": -24.258669, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.323566, "energy": 30.370118, "activity_lines": [ 14.16, 14.37, 14.68, 14.647312 ] }, { "date": "2025-12-05", "close": 14.4, "volume": 1431236, "typical_volume": 428581.8, "trend": 14.626667, "fair_value": 19.133013, "relative_strength": -25.694117, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.784751, "energy": 19.152402, "activity_lines": [ 14.23, 14.345455, 14.647857, 14.631398 ] }, { "date": "2025-12-12", "close": 14.5, "volume": 370152, "typical_volume": 442632.65, "trend": 14.608333, "fair_value": 19.096795, "relative_strength": -24.715645, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.793759, "energy": 14.215485, "activity_lines": [ 14.326667, 14.35, 14.622857, 14.623226 ] }, { "date": "2025-12-19", "close": 16.4, "volume": 3323425, "typical_volume": 600670.65, "trend": 14.655, "fair_value": 19.076603, "relative_strength": -12.390337, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.143674, "energy": 30.56598, "activity_lines": [ 15.053333, 14.702727, 14.775714, 14.738817 ] }, { "date": "2025-12-26", "close": 20.200001, "volume": 5160604, "typical_volume": 826836.85, "trend": 14.83, "fair_value": 19.078526, "relative_strength": 5.236416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.772386, "energy": 76.528581, "activity_lines": [ 16.906667, 15.720909, 15.279762, 15.096559 ] }, { "date": "2026-01-02", "close": 18.799999, "volume": 6202929, "typical_volume": 1127061.2, "trend": 14.958333, "fair_value": 19.08109, "relative_strength": -4.01113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.884841, "energy": 79.948359, "activity_lines": [ 17.826667, 16.387273, 15.625238, 15.352688 ] }, { "date": "2026-01-09", "close": 17.299999, "volume": 2334711, "typical_volume": 1172032.35, "trend": 15.046667, "fair_value": 19.073077, "relative_strength": -13.55874, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.260129, "energy": 75.510871, "activity_lines": [ 17.973333, 16.71, 15.808809, 15.503763 ] }, { "date": "2026-01-16", "close": 18.0, "volume": 2208128, "typical_volume": 1249188.0, "trend": 15.183333, "fair_value": 19.070833, "relative_strength": -12.457894, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.943064, "energy": 74.109497, "activity_lines": [ 18.16, 17.105454, 16.051428, 15.694301 ] }, { "date": "2026-01-23", "close": 18.35, "volume": 1075577, "typical_volume": 1278159.25, "trend": 15.346667, "fair_value": 19.072756, "relative_strength": -11.670416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.367726, "energy": 52.70402, "activity_lines": [ 18.23, 17.5, 16.316428, 15.898602 ] }, { "date": "2026-01-30", "close": 16.799999, "volume": 1170733, "typical_volume": 1313424.85, "trend": 15.448333, "fair_value": 19.066026, "relative_strength": -18.712216, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.450073, "energy": 35.497202, "activity_lines": [ 17.653333, 17.539091, 16.422143, 15.992365 ] }, { "date": "2026-02-06", "close": 17.9, "volume": 1830022, "typical_volume": 1393040.5, "trend": 15.58, "fair_value": 19.059295, "relative_strength": -11.916306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.000171, "energy": 30.093119, "activity_lines": [ 17.67, 17.712727, 16.624047, 16.150538 ] }, { "date": "2026-02-13", "close": 16.65, "volume": 1409667, "typical_volume": 1448448.95, "trend": 15.671667, "fair_value": 19.05032, "relative_strength": -21.694725, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.518402, "energy": 21.919439, "activity_lines": [ 17.33, 17.600909, 16.695476, 16.21957 ] }, { "date": "2026-02-27", "close": 16.799999, "volume": 728085, "typical_volume": 1473826.1, "trend": 15.77, "fair_value": 19.041026, "relative_strength": -24.214907, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.088127, "energy": 18.349579, "activity_lines": [ 17.083333, 17.475454, 16.773333, 16.292365 ] }, { "date": "2026-03-06", "close": 17.799999, "volume": 2076352, "typical_volume": 1562384.4, "trend": 15.891667, "fair_value": 19.03782, "relative_strength": -14.55956, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.786043, "energy": 20.365408, "activity_lines": [ 17.249999, 17.489999, 16.93619, 16.423333 ] }, { "date": "2026-03-13", "close": 17.299999, "volume": 837063, "typical_volume": 1589136.75, "trend": 15.971666, "fair_value": 19.029167, "relative_strength": -15.646525, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.426551, "energy": 15.956574, "activity_lines": [ 17.286666, 17.388181, 17.038095, 16.514193 ] }, { "date": "2026-03-20", "close": 19.299999, "volume": 3936607, "typical_volume": 1778221.3, "trend": 16.121666, "fair_value": 19.032372, "relative_strength": -5.575837, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.392841, "energy": 32.755886, "activity_lines": [ 17.956666, 17.702727, 17.318809, 16.728924 ] }, { "date": "2026-03-27", "close": 18.65, "volume": 1395150, "typical_volume": 1835431.25, "trend": 16.22, "fair_value": 19.034615, "relative_strength": -6.820519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.413507, "energy": 39.567484, "activity_lines": [ 18.316666, 17.889999, 17.516666, 16.892043 ] }, { "date": "2026-04-03", "close": 18.200001, "volume": 869449, "typical_volume": 1873702.0, "trend": 16.303333, "fair_value": 19.00641, "relative_strength": -6.90562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.569411, "energy": 44.993622, "activity_lines": [ 18.393333, 17.970909, 17.650952, 17.019785 ] }, { "date": "2026-04-10", "close": 17.85, "volume": 663247, "typical_volume": 1900114.35, "trend": 16.368333, "fair_value": 18.983974, "relative_strength": -15.257769, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.122175, "energy": 44.829215, "activity_lines": [ 18.26, 17.984545, 17.734047, 17.11957 ] }, { "date": "2026-04-17", "close": 16.65, "volume": 1008178, "typical_volume": 1932965.95, "trend": 16.423333, "fair_value": 18.95609, "relative_strength": -23.346774, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.43371, "energy": 15.391354, "activity_lines": [ 17.723333, 17.789091, 17.685952, 17.137742 ] }, { "date": "2026-04-24", "close": 16.450001, "volume": 1184514, "typical_volume": 1960791.45, "trend": 16.455, "fair_value": 18.915385, "relative_strength": -27.74489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.706578, "energy": 9.630468, "activity_lines": [ 17.163334, 17.56, 17.602381, 17.139462 ] }, { "date": "2026-05-01", "close": 15.5, "volume": 489365, "typical_volume": 1913697.9, "trend": 16.471667, "fair_value": 18.876282, "relative_strength": -31.300855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.133286, "energy": 19.897816, "activity_lines": [ 16.476667, 17.184546, 17.42, 17.077849 ] }, { "date": "2026-05-08", "close": 15.5, "volume": 595337, "typical_volume": 1924957.15, "trend": 16.5, "fair_value": 18.829487, "relative_strength": -34.910926, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.045738, "energy": 38.625416, "activity_lines": [ 16.0, 16.83, 17.232381, 17.015161 ] }, { "date": "2026-05-15", "close": 14.5, "volume": 733081, "typical_volume": 1795439.95, "trend": 16.483333, "fair_value": 18.785897, "relative_strength": -37.708043, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.782362, "energy": 60.835321, "activity_lines": [ 15.37, 16.317273, 16.944762, 16.886129 ] }, { "date": "2026-05-22", "close": 14.7, "volume": 296233, "typical_volume": 1552221.4, "trend": 16.478333, "fair_value": 18.755449, "relative_strength": -37.76344, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.120161, "energy": 66.334833, "activity_lines": [ 15.03, 15.900909, 16.685238, 16.771075 ] }, { "date": "2026-05-29", "close": 14.7, "volume": 688116, "typical_volume": 1276480.75, "trend": 16.471667, "fair_value": 18.720833, "relative_strength": -40.446615, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.116791, "energy": 62.884245, "activity_lines": [ 14.82, 15.531818, 16.451905, 16.656344 ] }, { "date": "2026-06-05", "close": 15.05, "volume": 885538, "typical_volume": 1204022.1, "trend": 16.496667, "fair_value": 18.689103, "relative_strength": -38.703189, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.26119, "energy": 57.252089, "activity_lines": [ 14.843333, 15.31, 16.271429, 16.564624 ] }, { "date": "2026-06-12", "close": 14.6, "volume": 448322, "typical_volume": 1116031.8, "trend": 16.501667, "fair_value": 18.645833, "relative_strength": -38.541492, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.9005, "energy": 57.266449, "activity_lines": [ 14.746667, 15.071818, 16.058809, 16.442258 ] }, { "date": "2026-06-19", "close": 14.55, "volume": 225675, "typical_volume": 1073536.7, "trend": 16.51, "fair_value": 18.600641, "relative_strength": -41.039586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.288743, "energy": 55.184624, "activity_lines": [ 14.693333, 14.89, 15.857619, 16.316344 ] }, { "date": "2026-06-26", "close": 14.65, "volume": 396088, "typical_volume": 1034804.45, "trend": 16.558333, "fair_value": 18.564103, "relative_strength": -37.428634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.596448, "energy": 48.432549, "activity_lines": [ 14.67, 14.786364, 15.684048, 16.196344 ] }, { "date": "2026-07-03", "close": 14.95, "volume": 221214, "typical_volume": 954364.05, "trend": 16.566667, "fair_value": 18.530128, "relative_strength": -38.541089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.120439, "energy": 44.125276, "activity_lines": [ 14.75, 14.773636, 15.549286, 16.092581 ] }, { "date": "2026-07-10", "close": 14.8, "volume": 244696, "typical_volume": 896115.5, "trend": 16.58, "fair_value": 18.494872, "relative_strength": -36.579807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.246361, "energy": 36.736687, "activity_lines": [ 14.763333, 14.760909, 15.414286, 15.978602 ] }, { "date": "2026-07-17", "close": 14.2, "volume": 248670, "typical_volume": 872144.75, "trend": 16.57, "fair_value": 18.457051, "relative_strength": -34.639525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.684227, "energy": 44.135269, "activity_lines": [ 14.593333, 14.651818, 15.230952, 15.825054 ] }, { "date": "2026-07-24", "close": 13.65, "volume": 253873, "typical_volume": 781020.8, "trend": 16.478333, "fair_value": 18.398718, "relative_strength": -37.92604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.623237, "energy": 53.144521, "activity_lines": [ 14.266667, 14.466364, 15.007619, 15.636667 ] }, { "date": "2026-07-31", "close": 12.8, "volume": 357017, "typical_volume": 757018.5, "trend": 16.231666, "fair_value": 18.346474, "relative_strength": -40.395709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.937619, "energy": 73.798074, "activity_lines": [ 13.716667, 14.141818, 14.723095, 15.399355 ] }, { "date": "2026-08-07", "close": 13.0, "volume": 148407, "typical_volume": 567608.5, "trend": 16.038333, "fair_value": 18.297756, "relative_strength": -40.26373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.114341, "energy": 78.641939, "activity_lines": [ 13.356667, 13.888182, 14.479048, 15.19086 ] }, { "date": "2026-08-14", "close": 12.95, "volume": 144371, "typical_volume": 505069.55, "trend": 15.893333, "fair_value": 18.248077, "relative_strength": -41.784375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.115988, "energy": 81.813144, "activity_lines": [ 13.11, 13.656364, 14.260238, 14.991613 ] } ], "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." } } }