{ "ticker": { "uuid": "5d7256b5-f11a-4754-b190-9ec356e05992", "symbol": "ASY", "name": "Assystem S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 73.055, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -19.082, "architecture_energy": 12.61, "architecture_maturity": 37.309, "architecture_confidence": 57.899, "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": 49.57, "rotation_up": 35.25, "upward_expansion": 23.32, "deceleration": 35.76, "rotation_down": 22.98, "downward_expansion": 52.65 }, "activity_lines": [ 42.69, 42.255987, 42.589909, 42.809747 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 43.299999, "trend_reference": 43.320839, "distance_from_trend": -0.000481, "trend_direction": "Weakening", "fair_value": 41.596033, "distance_from_fair_value": 0.040965, "fair_value_direction": "Weakening", "relative_strength": -6.584517, "relative_strength_direction": "Weakening", "price_momentum": -0.050439, "excess_performance": -0.10375, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.000481, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001939, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.040965, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.041668, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065845, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.074712, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.050439, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.359898, "read": "Demand-led" } ], "volume": { "latest": 10621, "relative_activity": 0.596878, "balance": 1.359898, "dry_up": 0.984082, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.052841, "annualized_volatility": 0.279388, "from_high_reference": -0.127016, "from_low_reference": 0.154667 }, "levels": { "trend_reference": 43.320839, "fair_value_reference": 41.596033, "structural_low": 37.5, "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": 12, "median_return": 0.069509, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.050932, "regime_survival": 0.583333, "best_return": 0.204082, "worst_return": -0.087179, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.095968, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.124415, "regime_survival": 0.2, "best_return": 0.275591, "worst_return": -0.070513, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.230808, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.13932, "regime_survival": 0.25, "best_return": 0.554004, "worst_return": -0.079487, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.47164, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.223961, "regime_survival": 0.0, "best_return": 0.594997, "worst_return": 0.105625, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.113548, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.194067, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.255887, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.062559, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-12", "tenure": "Developing", "return": 0.060364, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-17", "tenure": "Developing", "return": -0.091733, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.041568, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": 0.034856, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.029954, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-13", "tenure": "New", "return": -0.059081, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-27", "tenure": "Developing", "return": -0.112118, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.093674, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-19", "tenure": "Developing", "return": -0.119408, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.092357, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.610897, "volume": 29501, "typical_volume": 20540.85, "trend": 34.155254, "fair_value": 26.109927, "relative_strength": 6.795108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.450733, "energy": 18.086347, "activity_lines": [ 35.299204, 35.465917, 35.158064, 34.706171 ] }, { "date": "2023-08-25", "close": 34.675819, "volume": 18355, "typical_volume": 20684.0, "trend": 34.194447, "fair_value": 26.221934, "relative_strength": 2.897029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.310236, "energy": 17.130008, "activity_lines": [ 35.055045, 35.326465, 35.156092, 34.739756 ] }, { "date": "2023-09-01", "close": 34.753738, "volume": 32784, "typical_volume": 21055.5, "trend": 34.282023, "fair_value": 26.336508, "relative_strength": 2.059364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.094227, "energy": 14.469316, "activity_lines": [ 34.919977, 35.215877, 35.149036, 34.775839 ] }, { "date": "2023-09-08", "close": 34.675819, "volume": 25622, "typical_volume": 20547.75, "trend": 34.341565, "fair_value": 26.449894, "relative_strength": 2.582446, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.814498, "energy": 8.779946, "activity_lines": [ 34.831664, 35.071101, 35.130407, 34.801245 ] }, { "date": "2023-09-15", "close": 32.727737, "volume": 35422, "typical_volume": 20834.7, "trend": 34.277667, "fair_value": 26.552629, "relative_strength": -4.825768, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.994868, "energy": 26.968754, "activity_lines": [ 34.104381, 34.599311, 34.923918, 34.697127 ] }, { "date": "2023-09-22", "close": 32.571888, "volume": 42228, "typical_volume": 22225.45, "trend": 34.272165, "fair_value": 26.656204, "relative_strength": -2.448281, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.53351, "energy": 47.183754, "activity_lines": [ 33.465409, 34.15444, 34.704447, 34.587077 ] }, { "date": "2023-09-29", "close": 30.935507, "volume": 28135, "typical_volume": 22651.45, "trend": 34.186681, "fair_value": 26.745154, "relative_strength": -6.571969, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.360378, "energy": 71.948508, "activity_lines": [ 32.483578, 33.480051, 34.329189, 34.371809 ] }, { "date": "2023-10-06", "close": 29.532888, "volume": 28226, "typical_volume": 23121.6, "trend": 34.074792, "fair_value": 26.828558, "relative_strength": -9.718614, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.188199, "energy": 92.452743, "activity_lines": [ 31.283562, 32.641314, 33.836921, 34.071564 ] }, { "date": "2023-10-13", "close": 29.688732, "volume": 44117, "typical_volume": 24658.35, "trend": 33.968098, "fair_value": 26.91457, "relative_strength": -8.364259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.379377, "energy": 92.13229, "activity_lines": [ 30.48355, 31.945672, 33.384564, 33.788593 ] }, { "date": "2023-10-20", "close": 29.766655, "volume": 24852, "typical_volume": 25363.3, "trend": 33.871633, "fair_value": 27.007973, "relative_strength": -5.486674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.464261, "energy": 89.390583, "activity_lines": [ 30.041985, 31.357706, 32.961774, 33.517532 ] }, { "date": "2023-10-27", "close": 30.779659, "volume": 30837, "typical_volume": 26274.6, "trend": 33.801303, "fair_value": 27.104194, "relative_strength": -1.977209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.843994, "energy": 81.707607, "activity_lines": [ 30.135493, 31.046013, 32.66305, 33.31805 ] }, { "date": "2023-11-03", "close": 30.31212, "volume": 16448, "typical_volume": 26472.8, "trend": 33.743369, "fair_value": 27.193743, "relative_strength": -6.881142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.831647, "energy": 57.380838, "activity_lines": [ 30.192637, 30.737154, 32.337841, 33.092941 ] }, { "date": "2023-11-10", "close": 31.247194, "volume": 33645, "typical_volume": 27257.8, "trend": 33.655556, "fair_value": 27.286528, "relative_strength": -3.939432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.087422, "energy": 46.609048, "activity_lines": [ 30.603031, 30.677649, 32.126314, 32.931898 ] }, { "date": "2023-11-17", "close": 32.571888, "volume": 14992, "typical_volume": 27089.1, "trend": 33.601725, "fair_value": 27.384819, "relative_strength": -2.518977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.185992, "energy": 28.514493, "activity_lines": [ 31.340703, 30.922752, 32.052403, 32.861983 ] }, { "date": "2023-11-24", "close": 33.818665, "volume": 20821, "typical_volume": 26117.85, "trend": 33.625064, "fair_value": 27.488574, "relative_strength": 0.357506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.153254, "energy": 20.590078, "activity_lines": [ 32.301757, 31.432796, 32.114371, 32.87598 ] }, { "date": "2023-12-01", "close": 33.42905, "volume": 14884, "typical_volume": 26064.75, "trend": 33.653222, "fair_value": 27.587075, "relative_strength": -1.575018, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.45106, "energy": 22.869254, "activity_lines": [ 32.862805, 31.852165, 32.148509, 32.863334 ] }, { "date": "2023-12-08", "close": 34.753738, "volume": 57654, "typical_volume": 27945.6, "trend": 33.664488, "fair_value": 27.690392, "relative_strength": -0.198777, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 29.772683, "energy": 34.149504, "activity_lines": [ 33.68879, 32.496802, 32.322537, 32.934335 ] }, { "date": "2023-12-15", "close": 36.545979, "volume": 54383, "typical_volume": 29486.85, "trend": 33.722777, "fair_value": 27.806577, "relative_strength": 3.910676, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.916597, "energy": 45.841447, "activity_lines": [ 34.816081, 33.397878, 32.672821, 33.120237 ] }, { "date": "2023-12-22", "close": 38.805744, "volume": 53795, "typical_volume": 31305.7, "trend": 33.871654, "fair_value": 27.939774, "relative_strength": 10.513508, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.906055, "energy": 73.160915, "activity_lines": [ 36.343374, 34.58231, 33.234981, 33.448171 ] }, { "date": "2023-12-29", "close": 38.57198, "volume": 22048, "typical_volume": 31437.45, "trend": 33.97204, "fair_value": 28.073999, "relative_strength": 10.071621, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.81556, "energy": 79.905905, "activity_lines": [ 37.377156, 35.558475, 33.755953, 33.751417 ] }, { "date": "2024-01-05", "close": 37.558979, "volume": 62419, "typical_volume": 33083.35, "trend": 34.071727, "fair_value": 28.192542, "relative_strength": 8.814448, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.154188, "energy": 73.714652, "activity_lines": [ 37.756383, 36.190362, 34.162638, 33.982833 ] }, { "date": "2024-01-12", "close": 37.870667, "volume": 40506, "typical_volume": 34190.9, "trend": 34.15128, "fair_value": 28.309406, "relative_strength": 8.893374, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.398596, "energy": 79.458939, "activity_lines": [ 37.964177, 36.755659, 34.589731, 34.227926 ] }, { "date": "2024-01-19", "close": 36.779743, "volume": 50398, "typical_volume": 35071.6, "trend": 34.255516, "fair_value": 28.421116, "relative_strength": 6.965867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.758923, "energy": 53.529593, "activity_lines": [ 37.600535, 36.985178, 34.897713, 34.397504 ] }, { "date": "2024-01-26", "close": 40.520058, "volume": 90515, "typical_volume": 38316.25, "trend": 34.400489, "fair_value": 28.55795, "relative_strength": 13.516707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.316509, "energy": 59.778687, "activity_lines": [ 38.46808, 37.794163, 35.552268, 34.801668 ] }, { "date": "2024-02-02", "close": 40.987591, "volume": 71505, "typical_volume": 40120.4, "trend": 34.574517, "fair_value": 28.695485, "relative_strength": 15.006982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.128686, "energy": 62.582978, "activity_lines": [ 39.377182, 38.543641, 36.22352, 35.226642 ] }, { "date": "2024-02-09", "close": 42.546055, "volume": 68398, "typical_volume": 41428.9, "trend": 34.782312, "fair_value": 28.845996, "relative_strength": 18.057599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.951295, "energy": 78.086241, "activity_lines": [ 40.644731, 39.446132, 37.003865, 35.740935 ] }, { "date": "2024-02-16", "close": 41.29929, "volume": 28527, "typical_volume": 41448.5, "trend": 34.961536, "fair_value": 28.989204, "relative_strength": 12.54182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.872494, "energy": 80.932031, "activity_lines": [ 41.16422, 39.956175, 37.617974, 36.161385 ] }, { "date": "2024-02-23", "close": 42.078522, "volume": 29141, "typical_volume": 41494.25, "trend": 35.169331, "fair_value": 29.14361, "relative_strength": 11.478314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.170978, "energy": 80.218236, "activity_lines": [ 41.714878, 40.488887, 38.256945, 36.620546 ] }, { "date": "2024-03-01", "close": 41.29929, "volume": 18361, "typical_volume": 40206.45, "trend": 35.384919, "fair_value": 29.290723, "relative_strength": 9.574805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.529896, "energy": 62.609367, "activity_lines": [ 41.652541, 40.779328, 38.761961, 37.016027 ] }, { "date": "2024-03-08", "close": 42.078522, "volume": 24332, "typical_volume": 40180.45, "trend": 35.62648, "fair_value": 29.438007, "relative_strength": 10.031451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.62908, "energy": 58.846049, "activity_lines": [ 41.797998, 41.166111, 39.285902, 37.447872 ] }, { "date": "2024-03-15", "close": 43.325291, "volume": 117175, "typical_volume": 44497.35, "trend": 35.883627, "fair_value": 29.599946, "relative_strength": 11.149558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.221658, "energy": 59.495887, "activity_lines": [ 42.286316, 41.715823, 39.869955, 37.94457 ] }, { "date": "2024-03-22", "close": 45.974678, "volume": 102485, "typical_volume": 48799.2, "trend": 36.260256, "fair_value": 29.77703, "relative_strength": 17.659982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.151465, "energy": 67.583497, "activity_lines": [ 43.605815, 42.642401, 40.646589, 38.595605 ] }, { "date": "2024-03-29", "close": 45.818832, "volume": 52118, "typical_volume": 49722.85, "trend": 36.629092, "fair_value": 29.953115, "relative_strength": 15.982882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.005438, "energy": 77.458811, "activity_lines": [ 44.561672, 43.393297, 41.333797, 39.212288 ] }, { "date": "2024-04-05", "close": 45.518902, "volume": 92915, "typical_volume": 53619.0, "trend": 36.990528, "fair_value": 30.123831, "relative_strength": 16.696576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.938371, "energy": 74.356255, "activity_lines": [ 45.168198, 43.925313, 41.923052, 39.785824 ] }, { "date": "2024-04-12", "close": 46.136406, "volume": 44808, "typical_volume": 54818.35, "trend": 37.437484, "fair_value": 30.291384, "relative_strength": 18.434979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.116187, "energy": 77.991861, "activity_lines": [ 45.699252, 44.478714, 42.509464, 40.37588 ] }, { "date": "2024-04-19", "close": 45.607117, "volume": 45214, "typical_volume": 56334.85, "trend": 37.871991, "fair_value": 30.458761, "relative_strength": 16.367437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.460932, "energy": 60.252567, "activity_lines": [ 45.78335, 44.842267, 42.986812, 40.902953 ] }, { "date": "2024-04-26", "close": 47.900707, "volume": 83419, "typical_volume": 57623.1, "trend": 38.437498, "fair_value": 30.636704, "relative_strength": 20.512561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.154581, "energy": 66.138271, "activity_lines": [ 46.479857, 45.56718, 43.624606, 41.549967 ] }, { "date": "2024-05-03", "close": 47.900707, "volume": 27852, "typical_volume": 56296.55, "trend": 39.049759, "fair_value": 30.808904, "relative_strength": 21.712392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.988033, "energy": 63.886563, "activity_lines": [ 47.047962, 46.172067, 44.199795, 42.160497 ] }, { "date": "2024-05-10", "close": 50.282509, "volume": 30451, "typical_volume": 55129.35, "trend": 39.736218, "fair_value": 30.997751, "relative_strength": 22.992336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.08098, "energy": 74.87699, "activity_lines": [ 48.271209, 47.104152, 44.947753, 42.885191 ] }, { "date": "2024-05-17", "close": 50.723583, "volume": 33423, "typical_volume": 55698.1, "trend": 40.434782, "fair_value": 31.188506, "relative_strength": 24.104376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.426981, "energy": 85.470831, "activity_lines": [ 49.323907, 47.9531, 45.683066, 43.594053 ] }, { "date": "2024-05-24", "close": 51.429302, "volume": 44647, "typical_volume": 54809.5, "trend": 41.123104, "fair_value": 31.379419, "relative_strength": 26.152964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.237399, "energy": 84.870588, "activity_lines": [ 50.306033, 48.773178, 46.427726, 44.303377 ] }, { "date": "2024-05-31", "close": 50.988228, "volume": 31882, "typical_volume": 54378.3, "trend": 41.812307, "fair_value": 31.56337, "relative_strength": 25.952877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.78487, "energy": 78.845267, "activity_lines": [ 50.752988, 49.365715, 47.06433, 44.939836 ] }, { "date": "2024-06-07", "close": 52.487881, "volume": 27554, "typical_volume": 53236.1, "trend": 42.52033, "fair_value": 31.759002, "relative_strength": 28.649492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.271963, "energy": 71.34618, "activity_lines": [ 51.493993, 50.139761, 47.781293, 45.628583 ] }, { "date": "2024-06-14", "close": 48.253567, "volume": 92197, "typical_volume": 53320.2, "trend": 43.043053, "fair_value": 31.930478, "relative_strength": 25.359205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.389669, "energy": 56.131956, "activity_lines": [ 50.517749, 50.022676, 48.020188, 45.998469 ] }, { "date": "2024-06-21", "close": 47.459629, "volume": 109332, "typical_volume": 55211.55, "trend": 43.497752, "fair_value": 32.092269, "relative_strength": 20.582822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.562137, "energy": 38.407146, "activity_lines": [ 49.412121, 49.711517, 48.146643, 46.28341 ] }, { "date": "2024-06-28", "close": 46.753914, "volume": 48413, "typical_volume": 54212.3, "trend": 43.941914, "fair_value": 32.248158, "relative_strength": 20.546464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.4127, "energy": 22.959638, "activity_lines": [ 48.288852, 49.247988, 48.175068, 46.493485 ] }, { "date": "2024-07-05", "close": 49.841431, "volume": 68924, "typical_volume": 56232.15, "trend": 44.444837, "fair_value": 32.428133, "relative_strength": 24.545562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.514749, "energy": 27.212776, "activity_lines": [ 48.506448, 49.324975, 48.477505, 46.874099 ] }, { "date": "2024-07-12", "close": 50.575413, "volume": 74647, "typical_volume": 58507.45, "trend": 44.912485, "fair_value": 32.614236, "relative_strength": 24.835301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.673615, "energy": 24.063483, "activity_lines": [ 49.045157, 49.500128, 48.809168, 47.26962 ] }, { "date": "2024-07-19", "close": 49.110874, "volume": 49236, "typical_volume": 60051.2, "trend": 45.255989, "fair_value": 32.794748, "relative_strength": 23.51089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.056249, "energy": 23.3733, "activity_lines": [ 49.223185, 49.360369, 48.96089, 47.540484 ] }, { "date": "2024-07-26", "close": 47.792793, "volume": 43045, "typical_volume": 60986.85, "trend": 45.563349, "fair_value": 32.957082, "relative_strength": 19.782979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.758449, "energy": 23.430247, "activity_lines": [ 48.904698, 49.002262, 48.949882, 47.704148 ] }, { "date": "2024-08-02", "close": 46.572342, "volume": 71447, "typical_volume": 58700.45, "trend": 45.863795, "fair_value": 33.108033, "relative_strength": 20.280048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.469736, "energy": 6.632551, "activity_lines": [ 48.157184, 48.475542, 48.79543, 47.769245 ] }, { "date": "2024-08-09", "close": 46.914066, "volume": 55210, "typical_volume": 56336.7, "trend": 46.165241, "fair_value": 33.255955, "relative_strength": 20.125111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.918686, "energy": 12.408505, "activity_lines": [ 47.535683, 48.099262, 48.658061, 47.837004 ] }, { "date": "2024-08-16", "close": 49.599056, "volume": 52142, "typical_volume": 56337.9, "trend": 46.592552, "fair_value": 33.425359, "relative_strength": 23.18773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.657827, "energy": 14.548567, "activity_lines": [ 48.004335, 48.285237, 48.771932, 48.05854 ] }, { "date": "2024-08-23", "close": 49.696693, "volume": 40869, "typical_volume": 53735.6, "trend": 46.89844, "fair_value": 33.593965, "relative_strength": 20.599546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.956661, "energy": 14.092963, "activity_lines": [ 48.570624, 48.541489, 48.877101, 48.258808 ] }, { "date": "2024-08-30", "close": 49.989601, "volume": 30774, "typical_volume": 53033.9, "trend": 47.198507, "fair_value": 33.765873, "relative_strength": 19.696559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.284471, "energy": 21.704889, "activity_lines": [ 49.195495, 48.824758, 48.990271, 48.458237 ] }, { "date": "2024-09-06", "close": 47.988064, "volume": 60850, "typical_volume": 53815.7, "trend": 47.379907, "fair_value": 33.922103, "relative_strength": 18.534973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.230337, "energy": 18.448565, "activity_lines": [ 49.006732, 48.698112, 48.894471, 48.509177 ] }, { "date": "2024-09-13", "close": 44.326717, "volume": 107127, "typical_volume": 55001.1, "trend": 47.480821, "fair_value": 34.052964, "relative_strength": 7.271635, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.07357, "energy": 10.258926, "activity_lines": [ 47.503139, 47.883327, 48.438632, 48.312197 ] }, { "date": "2024-09-20", "close": 43.301537, "volume": 95656, "typical_volume": 58391.3, "trend": 47.521588, "fair_value": 34.181288, "relative_strength": 3.854158, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.592942, "energy": 50.637851, "activity_lines": [ 45.830309, 46.982413, 47.902177, 48.042565 ] }, { "date": "2024-09-27", "close": 47.304611, "volume": 71962, "typical_volume": 60466.85, "trend": 47.721766, "fair_value": 34.338831, "relative_strength": 8.558472, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.023593, "energy": 44.08189, "activity_lines": [ 45.911672, 46.941584, 47.768868, 48.028567 ] }, { "date": "2024-10-04", "close": 46.572342, "volume": 76775, "typical_volume": 62634.45, "trend": 47.87156, "fair_value": 34.490494, "relative_strength": 9.675686, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.658606, "energy": 46.841207, "activity_lines": [ 45.908418, 46.800455, 47.579999, 47.95441 ] }, { "date": "2024-10-11", "close": 47.353428, "volume": 58886, "typical_volume": 63346.4, "trend": 48.005831, "fair_value": 34.644554, "relative_strength": 10.220975, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.422054, "energy": 39.244144, "activity_lines": [ 46.393342, 46.823533, 47.485287, 47.920983 ] }, { "date": "2024-10-18", "close": 47.158157, "volume": 50096, "typical_volume": 64257.1, "trend": 48.04528, "fair_value": 34.796888, "relative_strength": 8.586455, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.226103, "energy": 15.580511, "activity_lines": [ 46.855485, 46.796904, 47.391387, 47.866294 ] }, { "date": "2024-10-25", "close": 38.078014, "volume": 130393, "typical_volume": 69399.05, "trend": 47.787253, "fair_value": 34.893863, "relative_strength": -11.135229, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.620889, "energy": 57.053145, "activity_lines": [ 44.102152, 45.114903, 46.450949, 47.223244 ] }, { "date": "2024-11-01", "close": 38.71265, "volume": 103625, "typical_volume": 69970.45, "trend": 47.560378, "fair_value": 34.994906, "relative_strength": -8.859173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.961546, "energy": 75.013238, "activity_lines": [ 41.908598, 43.757764, 45.639572, 46.637786 ] }, { "date": "2024-11-08", "close": 37.199291, "volume": 162893, "typical_volume": 72648.5, "trend": 47.262474, "fair_value": 35.080079, "relative_strength": -11.76897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.689102, "energy": 85.540736, "activity_lines": [ 39.783389, 42.325178, 44.729498, 45.969329 ] }, { "date": "2024-11-15", "close": 35.051304, "volume": 72486, "typical_volume": 73852.15, "trend": 46.910614, "fair_value": 35.147686, "relative_strength": -16.163621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.144804, "energy": 92.084269, "activity_lines": [ 37.567055, 40.734601, 43.663713, 45.181512 ] }, { "date": "2024-11-22", "close": 34.758392, "volume": 137586, "typical_volume": 77285.25, "trend": 46.472537, "fair_value": 35.208196, "relative_strength": -16.739467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.906592, "energy": 90.637233, "activity_lines": [ 36.073224, 39.32598, 42.625758, 44.397497 ] }, { "date": "2024-11-29", "close": 37.101654, "volume": 304472, "typical_volume": 88776.5, "trend": 46.112568, "fair_value": 35.266642, "relative_strength": -11.053609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.095112, "energy": 84.198985, "activity_lines": [ 36.187132, 38.517377, 41.882795, 43.792924 ] }, { "date": "2024-12-06", "close": 36.222931, "volume": 121377, "typical_volume": 92383.55, "trend": 45.643916, "fair_value": 35.323014, "relative_strength": -15.475774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.933038, "energy": 69.460451, "activity_lines": [ 36.073223, 37.661731, 41.120304, 43.154883 ] }, { "date": "2024-12-13", "close": 40.079552, "volume": 68818, "typical_volume": 93672.2, "trend": 45.289114, "fair_value": 35.402447, "relative_strength": -6.444689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.208182, "energy": 49.954103, "activity_lines": [ 37.410836, 37.708773, 40.786482, 42.795892 ] }, { "date": "2024-12-20", "close": 39.396099, "volume": 61314, "typical_volume": 93165.55, "trend": 44.888008, "fair_value": 35.477262, "relative_strength": -6.42213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.107163, "energy": 34.981638, "activity_lines": [ 38.328613, 37.749603, 40.424299, 42.415697 ] }, { "date": "2024-12-27", "close": 41.104729, "volume": 42423, "typical_volume": 92526.2, "trend": 44.558558, "fair_value": 35.562793, "relative_strength": -3.589499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.533326, "energy": 24.19522, "activity_lines": [ 39.526281, 38.245771, 40.259016, 42.171615 ] }, { "date": "2025-01-03", "close": 44.22908, "volume": 41719, "typical_volume": 92005.05, "trend": 44.283264, "fair_value": 35.65886, "relative_strength": 4.429986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.152829, "energy": 21.169076, "activity_lines": [ 41.34231, 39.420065, 40.418953, 42.150358 ] }, { "date": "2025-01-10", "close": 40.909458, "volume": 48028, "typical_volume": 92363.0, "trend": 44.038461, "fair_value": 35.733647, "relative_strength": -5.477538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.932865, "energy": 22.3413, "activity_lines": [ 41.576636, 39.878954, 40.288307, 41.932693 ] }, { "date": "2025-01-17", "close": 36.467022, "volume": 149137, "typical_volume": 98281.15, "trend": 43.672041, "fair_value": 35.782805, "relative_strength": -18.71826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.694512, "energy": 22.955951, "activity_lines": [ 40.017716, 39.490186, 39.776415, 41.444213 ] }, { "date": "2025-01-24", "close": 35.393028, "volume": 80256, "typical_volume": 99251.45, "trend": 43.293344, "fair_value": 35.831247, "relative_strength": -23.065743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.821477, "energy": 34.240232, "activity_lines": [ 38.341633, 38.919459, 39.226632, 40.910084 ] }, { "date": "2025-01-31", "close": 37.833927, "volume": 73847, "typical_volume": 97587.45, "trend": 42.893094, "fair_value": 35.907438, "relative_strength": -17.818975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.570438, "energy": 38.878319, "activity_lines": [ 37.746054, 38.78632, 38.969292, 40.557863 ] }, { "date": "2025-02-07", "close": 38.615013, "volume": 80463, "typical_volume": 96827.8, "trend": 42.494414, "fair_value": 35.967754, "relative_strength": -16.162315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.693481, "energy": 46.244293, "activity_lines": [ 37.628891, 38.739277, 38.817259, 40.281858 ] }, { "date": "2025-02-14", "close": 42.12991, "volume": 102952, "typical_volume": 98377.3, "trend": 42.261715, "fair_value": 36.051314, "relative_strength": -10.780432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.009569, "energy": 16.674225, "activity_lines": [ 39.057631, 39.303791, 39.022295, 40.258341 ] }, { "date": "2025-02-21", "close": 39.493736, "volume": 86085, "typical_volume": 98842.8, "trend": 41.98508, "fair_value": 36.122247, "relative_strength": -15.993925, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.511919, "energy": 10.285131, "activity_lines": [ 39.526283, 39.281601, 39.000908, 40.079762 ] }, { "date": "2025-02-28", "close": 39.64019, "volume": 84965, "typical_volume": 100146.75, "trend": 41.754008, "fair_value": 36.201948, "relative_strength": -15.146562, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.641714, "energy": 11.566908, "activity_lines": [ 39.841972, 39.29669, 39.027176, 39.928479 ] }, { "date": "2025-03-07", "close": 39.786644, "volume": 75716, "typical_volume": 101427.75, "trend": 41.516428, "fair_value": 36.279979, "relative_strength": -14.83194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.262365, "energy": 11.89324, "activity_lines": [ 39.923335, 39.333969, 39.104123, 39.801552 ] }, { "date": "2025-03-14", "close": 38.71265, "volume": 44536, "typical_volume": 97134.9, "trend": 41.153547, "fair_value": 36.347091, "relative_strength": -16.039929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.961766, "energy": 8.995726, "activity_lines": [ 39.516519, 39.199942, 39.113886, 39.620663 ] }, { "date": "2025-03-21", "close": 34.221394, "volume": 218864, "typical_volume": 102896.85, "trend": 40.637704, "fair_value": 36.382328, "relative_strength": -25.570805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.548397, "energy": 38.616088, "activity_lines": [ 37.606108, 38.349621, 38.692889, 39.173428 ] }, { "date": "2025-03-28", "close": 31.829313, "volume": 137547, "typical_volume": 101629.55, "trend": 40.032361, "fair_value": 36.383248, "relative_strength": -29.292185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.017782, "energy": 64.568344, "activity_lines": [ 35.425571, 37.185978, 38.065462, 38.605144 ] }, { "date": "2025-04-04", "close": 31.097046, "volume": 77885, "typical_volume": 101899.5, "trend": 39.469327, "fair_value": 36.383272, "relative_strength": -24.480474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.322902, "energy": 76.904434, "activity_lines": [ 33.511907, 35.973517, 37.393866, 38.028672 ] }, { "date": "2025-04-11", "close": 33.293854, "volume": 86861, "typical_volume": 99363.25, "trend": 39.101565, "fair_value": 36.391208, "relative_strength": -16.906179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.156485, "energy": 72.433144, "activity_lines": [ 32.900055, 35.238584, 36.95032, 37.630255 ] }, { "date": "2025-04-18", "close": 32.708038, "volume": 34218, "typical_volume": 85850.55, "trend": 38.748449, "fair_value": 36.396338, "relative_strength": -20.070961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.152772, "energy": 74.236879, "activity_lines": [ 32.525784, 34.479687, 36.457956, 37.217769 ] }, { "date": "2025-04-25", "close": 35.051304, "volume": 36900, "typical_volume": 81626.7, "trend": 38.340005, "fair_value": 36.428352, "relative_strength": -16.82866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.39829, "energy": 54.751866, "activity_lines": [ 33.332909, 34.254237, 36.209682, 36.979244 ] }, { "date": "2025-05-02", "close": 37.443378, "volume": 40709, "typical_volume": 80221.25, "trend": 38.035706, "fair_value": 36.479972, "relative_strength": -13.473381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.346427, "energy": 23.233224, "activity_lines": [ 34.882065, 34.592412, 36.194804, 36.921397 ] }, { "date": "2025-05-09", "close": 39.542553, "volume": 50053, "typical_volume": 79658.2, "trend": 37.775344, "fair_value": 36.556438, "relative_strength": -7.985702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.112759, "energy": 13.906994, "activity_lines": [ 36.756675, 35.349534, 36.3924, 37.018613 ] }, { "date": "2025-05-16", "close": 39.054375, "volume": 46344, "typical_volume": 79854.25, "trend": 37.505218, "fair_value": 36.622181, "relative_strength": -10.377933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.853412, "energy": 22.994017, "activity_lines": [ 37.905524, 36.019672, 36.542806, 37.101131 ] }, { "date": "2025-05-23", "close": 40.42128, "volume": 47682, "typical_volume": 80152.4, "trend": 37.583326, "fair_value": 36.702856, "relative_strength": -5.042244, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.658992, "energy": 34.196619, "activity_lines": [ 39.125975, 36.951652, 36.833157, 37.289264 ] }, { "date": "2025-05-30", "close": 40.518913, "volume": 41977, "typical_volume": 79849.85, "trend": 37.643535, "fair_value": 36.78036, "relative_strength": -4.643735, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.325004, "energy": 43.656583, "activity_lines": [ 39.864753, 37.870317, 37.150939, 37.478657 ] }, { "date": "2025-06-06", "close": 40.030735, "volume": 59758, "typical_volume": 75380.9, "trend": 37.737917, "fair_value": 36.866599, "relative_strength": -5.960116, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.248094, "energy": 44.456968, "activity_lines": [ 40.076298, 38.585722, 37.424087, 37.632669 ] }, { "date": "2025-06-13", "close": 40.177189, "volume": 30642, "typical_volume": 72900.2, "trend": 37.90878, "fair_value": 36.967539, "relative_strength": -3.731608, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.582035, "energy": 39.957785, "activity_lines": [ 40.164171, 39.178639, 37.694213, 37.790042 ] }, { "date": "2025-06-20", "close": 39.933098, "volume": 34491, "typical_volume": 70932.4, "trend": 38.08127, "fair_value": 37.061694, "relative_strength": -2.788162, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.780776, "energy": 31.775238, "activity_lines": [ 40.12837, 39.562082, 37.918311, 37.920643 ] }, { "date": "2025-06-27", "close": 40.665371, "volume": 52015, "typical_volume": 69510.0, "trend": 38.20006, "fair_value": 37.164814, "relative_strength": -1.981183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.722865, "energy": 30.296175, "activity_lines": [ 40.27808, 39.957952, 38.202153, 38.087359 ] }, { "date": "2025-07-04", "close": 41.299999, "volume": 22436, "typical_volume": 65484.2, "trend": 38.369296, "fair_value": 37.25786, "relative_strength": -0.111099, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.804998, "energy": 35.134669, "activity_lines": [ 40.623059, 40.32453, 38.536672, 38.287355 ] }, { "date": "2025-07-11", "close": 42.950001, "volume": 39413, "typical_volume": 63150.6, "trend": 38.464978, "fair_value": 37.361973, "relative_strength": 2.504293, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.802068, "energy": 66.579486, "activity_lines": [ 41.465967, 40.877496, 39.032286, 38.582885 ] }, { "date": "2025-07-18", "close": 43.900002, "volume": 40067, "typical_volume": 60905.7, "trend": 38.615108, "fair_value": 37.468262, "relative_strength": 5.202805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.526088, "energy": 75.513139, "activity_lines": [ 42.430923, 41.503068, 39.601918, 38.933531 ] }, { "date": "2025-07-25", "close": 48.650002, "volume": 64242, "typical_volume": 60332.0, "trend": 38.866617, "fair_value": 37.600108, "relative_strength": 16.470594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.633189, "energy": 91.018919, "activity_lines": [ 44.731026, 42.913051, 40.603646, 39.580944 ] }, { "date": "2025-08-01", "close": 47.200001, "volume": 44273, "typical_volume": 60318.85, "trend": 38.965647, "fair_value": 37.728529, "relative_strength": 17.388988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.061027, "energy": 91.130264, "activity_lines": [ 45.966668, 43.884932, 41.425072, 40.118582 ] }, { "date": "2025-08-08", "close": 47.950001, "volume": 35488, "typical_volume": 51150.05, "trend": 39.200332, "fair_value": 37.86029, "relative_strength": 16.332084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.812486, "energy": 90.7256, "activity_lines": [ 47.016668, 44.869926, 42.277511, 40.698217 ] }, { "date": "2025-08-15", "close": 48.299999, "volume": 22902, "typical_volume": 45417.8, "trend": 39.594765, "fair_value": 37.977174, "relative_strength": 14.745487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.697049, "energy": 89.776085, "activity_lines": [ 47.740001, 45.783446, 43.097909, 41.285293 ] }, { "date": "2025-08-22", "close": 48.400002, "volume": 34969, "typical_volume": 43272.0, "trend": 40.028331, "fair_value": 38.108885, "relative_strength": 14.517341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.2972, "energy": 84.717185, "activity_lines": [ 48.140001, 46.564798, 43.849399, 41.853372 ] }, { "date": "2025-08-29", "close": 44.900002, "volume": 52951, "typical_volume": 41576.5, "trend": 40.263866, "fair_value": 38.219627, "relative_strength": 10.190122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.088052, "energy": 58.487287, "activity_lines": [ 47.073335, 46.560281, 44.185161, 42.167674 ] }, { "date": "2025-09-05", "close": 44.400002, "volume": 29452, "typical_volume": 41338.2, "trend": 40.456699, "fair_value": 38.316892, "relative_strength": 9.672273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.59614, "energy": 43.403547, "activity_lines": [ 46.090002, 46.374547, 44.418036, 42.434521 ] }, { "date": "2025-09-12", "close": 46.549999, "volume": 24811, "typical_volume": 40733.75, "trend": 40.604036, "fair_value": 38.425983, "relative_strength": 12.767623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.231463, "energy": 34.827752, "activity_lines": [ 46.010001, 46.511819, 44.799997, 42.827637 ] }, { "date": "2025-09-19", "close": 44.150002, "volume": 53041, "typical_volume": 41350.35, "trend": 40.759245, "fair_value": 38.515775, "relative_strength": 6.626509, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.416253, "energy": 25.330593, "activity_lines": [ 45.223335, 46.117274, 44.898631, 43.056409 ] }, { "date": "2025-09-26", "close": 43.049999, "volume": 30463, "typical_volume": 40370.85, "trend": 40.872905, "fair_value": 38.619061, "relative_strength": 3.972219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.739047, "energy": 22.324518, "activity_lines": [ 44.346667, 45.50091, 44.860566, 43.2042 ] }, { "date": "2025-10-03", "close": 41.75, "volume": 25349, "typical_volume": 39321.1, "trend": 40.93835, "fair_value": 38.714992, "relative_strength": -1.434618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.5174, "energy": 12.818941, "activity_lines": [ 43.393333, 44.663637, 44.68199, 43.260787 ] }, { "date": "2025-10-10", "close": 40.400002, "volume": 23922, "typical_volume": 38133.1, "trend": 40.994595, "fair_value": 38.798356, "relative_strength": -2.240525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.621308, "energy": 25.180222, "activity_lines": [ 42.200001, 43.706364, 44.362006, 43.226055 ] }, { "date": "2025-10-17", "close": 40.099998, "volume": 33646, "typical_volume": 37716.55, "trend": 41.190549, "fair_value": 38.875394, "relative_strength": -5.55931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.471778, "energy": 36.121824, "activity_lines": [ 41.173333, 42.818182, 44.013552, 43.168339 ] }, { "date": "2025-10-24", "close": 42.099998, "volume": 23466, "typical_volume": 35901.95, "trend": 41.532905, "fair_value": 38.963785, "relative_strength": -1.483355, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.810914, "energy": 41.73111, "activity_lines": [ 41.243332, 42.436363, 43.857569, 43.227013 ] }, { "date": "2025-10-31", "close": 43.5, "volume": 31357, "typical_volume": 35937.7, "trend": 41.946337, "fair_value": 39.06164, "relative_strength": 3.053199, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.083955, "energy": 33.364759, "activity_lines": [ 41.916666, 42.421818, 43.825066, 43.353922 ] }, { "date": "2025-11-07", "close": 40.349998, "volume": 17777, "typical_volume": 35102.0, "trend": 42.181541, "fair_value": 39.12903, "relative_strength": -2.356867, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.839797, "energy": 24.355178, "activity_lines": [ 41.509999, 41.923636, 43.47674, 43.250933 ] }, { "date": "2025-11-14", "close": 41.599998, "volume": 13234, "typical_volume": 33162.95, "trend": 42.47794, "fair_value": 39.207857, "relative_strength": -2.139416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.635915, "energy": 14.071847, "activity_lines": [ 41.613332, 41.735454, 43.245476, 43.213414 ] }, { "date": "2025-11-21", "close": 40.799999, "volume": 22829, "typical_volume": 33182.6, "trend": 42.669563, "fair_value": 39.273729, "relative_strength": -1.883775, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.361675, "energy": 21.066796, "activity_lines": [ 41.369999, 41.452726, 42.933571, 43.105159 ] }, { "date": "2025-11-28", "close": 43.049999, "volume": 28013, "typical_volume": 32612.6, "trend": 42.856451, "fair_value": 39.358916, "relative_strength": 1.677383, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.881101, "energy": 14.947388, "activity_lines": [ 41.829999, 41.683635, 42.838333, 43.129704 ] }, { "date": "2025-12-05", "close": 43.400002, "volume": 10005, "typical_volume": 31109.5, "trend": 42.985032, "fair_value": 39.446836, "relative_strength": 2.426716, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.524689, "energy": 6.110306, "activity_lines": [ 42.343333, 41.998181, 42.775952, 43.164771 ] }, { "date": "2025-12-12", "close": 41.900002, "volume": 23518, "typical_volume": 29073.3, "trend": 43.079886, "fair_value": 39.522694, "relative_strength": -0.468891, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.005578, "energy": 7.354927, "activity_lines": [ 42.363334, 42.033636, 42.573095, 43.09477 ] }, { "date": "2025-12-19", "close": 41.599998, "volume": 15086, "typical_volume": 27613.95, "trend": 43.119177, "fair_value": 39.596629, "relative_strength": -2.072124, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.430133, "energy": 19.333407, "activity_lines": [ 42.18, 42.011818, 42.373809, 42.999293 ] }, { "date": "2025-12-26", "close": 41.400002, "volume": 6208, "typical_volume": 26149.95, "trend": 43.148547, "fair_value": 39.663413, "relative_strength": -1.794279, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.103467, "energy": 23.434804, "activity_lines": [ 41.930001, 41.931818, 42.182143, 42.888378 ] }, { "date": "2026-01-02", "close": 43.0, "volume": 19544, "typical_volume": 25982.05, "trend": 43.247522, "fair_value": 39.729691, "relative_strength": 1.169784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.46171, "energy": 16.962209, "activity_lines": [ 42.173334, 42.119091, 42.174048, 42.878795 ] }, { "date": "2026-01-09", "close": 46.349998, "volume": 33063, "typical_volume": 25886.75, "trend": 43.453282, "fair_value": 39.815486, "relative_strength": 6.860377, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.016593, "energy": 20.783048, "activity_lines": [ 43.536666, 42.899091, 42.510238, 43.078954 ] }, { "date": "2026-01-16", "close": 44.700001, "volume": 28378, "typical_volume": 24658.1, "trend": 43.612179, "fair_value": 39.891684, "relative_strength": 4.080113, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.962124, "energy": 28.402838, "activity_lines": [ 44.153333, 43.327273, 42.699047, 43.159388 ] }, { "date": "2026-01-23", "close": 45.700001, "volume": 22746, "typical_volume": 24322.8, "trend": 43.78, "fair_value": 39.969888, "relative_strength": 7.46682, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.418109, "energy": 43.818635, "activity_lines": [ 44.916667, 43.858182, 42.984048, 43.294086 ] }, { "date": "2026-01-30", "close": 47.450001, "volume": 22064, "typical_volume": 24185.45, "trend": 43.985, "fair_value": 40.068116, "relative_strength": 11.36598, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.607075, "energy": 58.836162, "activity_lines": [ 45.990001, 44.632728, 43.429524, 43.53086 ] }, { "date": "2026-02-06", "close": 45.599998, "volume": 30559, "typical_volume": 23061.35, "trend": 44.073334, "fair_value": 40.149594, "relative_strength": 4.861519, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.986703, "energy": 53.666657, "activity_lines": [ 46.043333, 44.95, 43.694524, 43.635054 ] }, { "date": "2026-02-13", "close": 43.0, "volume": 46544, "typical_volume": 23865.4, "trend": 44.043333, "fair_value": 40.203153, "relative_strength": -1.576283, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.324348, "energy": 21.92796, "activity_lines": [ 45.056667, 44.748182, 43.705, 43.565806 ] }, { "date": "2026-02-20", "close": 44.150002, "volume": 24370, "typical_volume": 23816.45, "trend": 43.893333, "fair_value": 40.276314, "relative_strength": -1.485066, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.052941, "energy": 12.325504, "activity_lines": [ 44.676667, 44.762728, 43.825238, 43.572688 ] }, { "date": "2026-02-27", "close": 45.700001, "volume": 11775, "typical_volume": 23209.1, "trend": 43.843333, "fair_value": 40.354519, "relative_strength": 1.035917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.828787, "energy": 9.512568, "activity_lines": [ 44.850001, 45.018182, 44.081667, 43.689247 ] }, { "date": "2026-03-06", "close": 44.599998, "volume": 17384, "typical_volume": 22396.0, "trend": 43.731667, "fair_value": 40.429586, "relative_strength": 5.586126, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.529775, "energy": 17.110099, "activity_lines": [ 44.656667, 44.999091, 44.208095, 43.738064 ] }, { "date": "2026-03-13", "close": 42.049999, "volume": 31226, "typical_volume": 22784.0, "trend": 43.523333, "fair_value": 40.488307, "relative_strength": 0.400418, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.720608, "energy": 10.161075, "activity_lines": [ 43.803333, 44.458182, 44.070238, 43.62957 ] }, { "date": "2026-03-20", "close": 40.400002, "volume": 19286, "typical_volume": 22180.45, "trend": 43.256667, "fair_value": 40.537918, "relative_strength": -0.810658, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.733397, "energy": 20.64714, "activity_lines": [ 42.636667, 43.634546, 43.775476, 43.428065 ] }, { "date": "2026-03-27", "close": 39.200001, "volume": 24947, "typical_volume": 22538.95, "trend": 43.066667, "fair_value": 40.57837, "relative_strength": -4.579966, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.543632, "energy": 38.919149, "activity_lines": [ 41.243334, 42.700909, 43.381191, 43.166344 ] }, { "date": "2026-04-03", "close": 41.099998, "volume": 15850, "typical_volume": 22669.75, "trend": 42.956667, "fair_value": 40.636381, "relative_strength": -3.535939, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.445488, "energy": 40.610278, "activity_lines": [ 40.813333, 42.212727, 43.173333, 43.039462 ] }, { "date": "2026-04-10", "close": 44.950001, "volume": 38380, "typical_volume": 23447.3, "trend": 42.903333, "fair_value": 40.707333, "relative_strength": 1.428374, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.772383, "energy": 20.764967, "activity_lines": [ 41.973334, 42.508182, 43.334524, 43.168065 ] }, { "date": "2026-04-17", "close": 46.400002, "volume": 28452, "typical_volume": 23469.25, "trend": 42.978333, "fair_value": 40.785623, "relative_strength": 2.270012, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.358748, "energy": 17.133767, "activity_lines": [ 43.593334, 43.112728, 43.614048, 43.393656 ] }, { "date": "2026-04-24", "close": 45.0, "volume": 39661, "typical_volume": 24952.05, "trend": 43.043333, "fair_value": 40.861786, "relative_strength": 2.118776, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.222744, "energy": 26.92987, "activity_lines": [ 44.456667, 43.448182, 43.744286, 43.524086 ] }, { "date": "2026-05-01", "close": 45.900002, "volume": 17760, "typical_volume": 24664.15, "trend": 43.181667, "fair_value": 40.947143, "relative_strength": 4.401509, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.077581, "energy": 36.330074, "activity_lines": [ 45.313334, 43.91091, 43.952619, 43.708387 ] }, { "date": "2026-05-08", "close": 44.400002, "volume": 26782, "typical_volume": 25248.95, "trend": 43.315, "fair_value": 41.011145, "relative_strength": 0.886672, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.766134, "energy": 36.632537, "activity_lines": [ 45.223335, 44.069092, 43.999048, 43.78699 ] }, { "date": "2026-05-15", "close": 41.599998, "volume": 18568, "typical_volume": 25866.95, "trend": 43.365, "fair_value": 41.054752, "relative_strength": -3.668858, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 18.409711, "energy": 10.950947, "activity_lines": [ 43.98, 43.741819, 43.765477, 43.676344 ] }, { "date": "2026-05-22", "close": 43.299999, "volume": 22094, "typical_volume": 25994.45, "trend": 43.405, "fair_value": 41.112191, "relative_strength": -1.786497, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 25.658519, "energy": 11.031287, "activity_lines": [ 43.526666, 43.778182, 43.692857, 43.672151 ] }, { "date": "2026-05-29", "close": 43.5, "volume": 24849, "typical_volume": 25583.75, "trend": 43.405, "fair_value": 41.163086, "relative_strength": -2.178507, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.422496, "energy": 8.880256, "activity_lines": [ 43.346666, 43.828182, 43.637857, 43.67828 ] }, { "date": "2026-06-05", "close": 43.10503, "volume": 2760, "typical_volume": 24302.85, "trend": 43.496834, "fair_value": 41.217808, "relative_strength": -3.517992, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.822298, "energy": 12.623082, "activity_lines": [ 43.13501, 43.750006, 43.558813, 43.658927 ] }, { "date": "2026-06-12", "close": 42.372784, "volume": 1746, "typical_volume": 23252.85, "trend": 43.522594, "fair_value": 41.261967, "relative_strength": -6.612362, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.740503, "energy": 20.139272, "activity_lines": [ 42.865602, 43.467693, 43.417625, 43.586407 ] }, { "date": "2026-06-19", "close": 40.859467, "volume": 1679, "typical_volume": 22233.6, "trend": 43.524576, "fair_value": 41.308164, "relative_strength": -10.569457, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.985039, "energy": 48.59584, "activity_lines": [ 42.226904, 42.88709, 43.148156, 43.414593 ] }, { "date": "2026-06-26", "close": 39.639053, "volume": 2227, "typical_volume": 20817.0, "trend": 43.410878, "fair_value": 41.330396, "relative_strength": -12.692166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.191698, "energy": 65.22515, "activity_lines": [ 41.23077, 42.158967, 42.793841, 43.163914 ] }, { "date": "2026-07-03", "close": 41.298817, "volume": 2880, "typical_volume": 18633.8, "trend": 43.340839, "fair_value": 41.365858, "relative_strength": -10.190243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.869133, "energy": 60.992767, "activity_lines": [ 41.031953, 41.855546, 42.625984, 43.027652 ] }, { "date": "2026-07-10", "close": 43.200001, "volume": 17206, "typical_volume": 18275.6, "trend": 43.384172, "fair_value": 41.410011, "relative_strength": -4.046597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.512392, "energy": 48.494062, "activity_lines": [ 41.61361, 41.965089, 42.647293, 43.018566 ] }, { "date": "2026-07-17", "close": 43.0, "volume": 13322, "typical_volume": 18352.95, "trend": 43.430839, "fair_value": 41.455379, "relative_strength": -4.333853, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.568433, "energy": 22.285446, "activity_lines": [ 42.122269, 42.087359, 42.654078, 42.99378 ] }, { "date": "2026-07-24", "close": 41.950001, "volume": 29215, "typical_volume": 18944.5, "trend": 43.449172, "fair_value": 41.494515, "relative_strength": -6.643627, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.273192, "energy": 16.343134, "activity_lines": [ 42.239113, 42.044175, 42.57372, 42.898242 ] }, { "date": "2026-07-31", "close": 42.200001, "volume": 16886, "typical_volume": 18227.5, "trend": 43.422505, "fair_value": 41.541748, "relative_strength": -7.1722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.771531, "energy": 17.251875, "activity_lines": [ 42.366589, 42.040081, 42.529791, 42.817651 ] }, { "date": "2026-08-07", "close": 43.299999, "volume": 10621, "typical_volume": 17794.25, "trend": 43.320839, "fair_value": 41.596033, "relative_strength": -6.584517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.081531, "energy": 12.6104, "activity_lines": [ 42.69, 42.255987, 42.589909, 42.809747 ] } ], "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." } } }