{ "ticker": { "uuid": "5f5979bb-ec04-4b9e-9bd6-af632c67279d", "symbol": "3071", "name": "Adda 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 70.154, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -32.042, "architecture_energy": 55.019, "architecture_maturity": 12.482, "architecture_confidence": 79.759, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 33.92, "rotation_up": 14.62, "upward_expansion": 26.05, "deceleration": 49.83, "rotation_down": 70.42, "downward_expansion": 55.71 }, "activity_lines": [ 25.436667, 27.006228, 28.564417, 28.374214 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 24.6, "trend_reference": 27.517432, "distance_from_trend": -0.106021, "trend_direction": "Improving", "fair_value": 27.160308, "distance_from_fair_value": -0.094267, "fair_value_direction": "Weakening", "relative_strength": -30.458396, "relative_strength_direction": "Weakening", "price_momentum": 0.098651, "excess_performance": -0.342721, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.106021, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.086871, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.094267, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.128557, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.304584, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.162023, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.098651, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.962857, "read": "Supply-led" } ], "volume": { "latest": 1519311, "relative_activity": 0.357105, "balance": 0.962857, "dry_up": 0.281007, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.127388, "annualized_volatility": 0.447266, "from_high_reference": -0.30348, "from_low_reference": 0.355594 }, "levels": { "trend_reference": 27.517432, "fair_value_reference": 27.160308, "structural_low": 21.513013, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.007725, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.002994, "regime_survival": 0.333333, "best_return": 0.068913, "worst_return": -0.159393, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.004059, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.073141, "regime_survival": 0.0, "best_return": 0.033203, "worst_return": -0.050081, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.035365, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.098018, "regime_survival": 0.25, "best_return": 0.203187, "worst_return": -0.169628, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.097837, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.080499, "regime_survival": 0.0, "best_return": 0.249595, "worst_return": -0.053921, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-08", "end": "2024-04-19", "tenure": "Developing", "return": -0.068628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": 0.181422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": -0.20766, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.004847, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2025-08-08", "tenure": "Extended", "return": -0.379422, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-19", "tenure": "Developing", "return": -0.039526, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": 0.017544, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.020534, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.166325, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.016018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-30", "tenure": "Developing", "return": 0.05618, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": 0.248366, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-07-31", "tenure": "Established", "return": -0.126822, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": -0.053846, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 33.08112, "volume": 11375000, "typical_volume": 27593950.0, "trend": 27.523308, "fair_value": 21.660797, "relative_strength": 21.883395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.094562, "energy": 49.499961, "activity_lines": [ 36.109397, 35.178458, 32.569987, 30.367055 ] }, { "date": "2023-08-18", "close": 32.44582, "volume": 8869000, "typical_volume": 27872850.0, "trend": 27.897958, "fair_value": 21.772872, "relative_strength": 20.494543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.688082, "energy": 31.885053, "activity_lines": [ 34.611898, 34.937794, 32.777683, 30.684637 ] }, { "date": "2023-08-25", "close": 35.713089, "volume": 43169000, "typical_volume": 29990500.0, "trend": 28.382956, "fair_value": 21.904912, "relative_strength": 30.80879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.923479, "energy": 23.930205, "activity_lines": [ 34.536267, 35.225818, 33.253925, 31.188839 ] }, { "date": "2023-09-01", "close": 35.713089, "volume": 11537000, "typical_volume": 30421250.0, "trend": 28.84492, "fair_value": 22.025453, "relative_strength": 28.60492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.021481, "energy": 22.136145, "activity_lines": [ 34.69358, 35.393787, 33.671989, 31.66175 ] }, { "date": "2023-09-08", "close": 36.348392, "volume": 11075000, "typical_volume": 29762150.0, "trend": 29.33238, "fair_value": 22.144929, "relative_strength": 30.524735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.832569, "energy": 26.618393, "activity_lines": [ 35.313756, 35.590979, 34.095463, 32.145845 ] }, { "date": "2023-09-15", "close": 35.077789, "volume": 5004000, "typical_volume": 26056400.0, "trend": 29.781805, "fair_value": 22.252345, "relative_strength": 22.745541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.48121, "energy": 27.250961, "activity_lines": [ 35.452919, 35.453193, 34.348651, 32.516517 ] }, { "date": "2023-09-22", "close": 33.353394, "volume": 2900000, "typical_volume": 24849300.0, "trend": 30.149276, "fair_value": 22.335739, "relative_strength": 20.234748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.044453, "energy": 21.862495, "activity_lines": [ 34.884171, 34.972178, 34.407753, 32.746942 ] }, { "date": "2023-09-29", "close": 33.761803, "volume": 1604000, "typical_volume": 22886050.0, "trend": 30.518844, "fair_value": 22.439613, "relative_strength": 21.013715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.836604, "energy": 17.089118, "activity_lines": [ 34.391055, 34.639676, 34.48678, 32.980008 ] }, { "date": "2023-10-06", "close": 35.2593, "volume": 6041000, "typical_volume": 22691500.0, "trend": 30.945526, "fair_value": 22.54183, "relative_strength": 24.39499, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.75362, "energy": 15.689983, "activity_lines": [ 34.527191, 34.678454, 34.671878, 33.285844 ] }, { "date": "2023-10-13", "close": 34.124828, "volume": 2763000, "typical_volume": 21523900.0, "trend": 31.340151, "fair_value": 22.650478, "relative_strength": 17.941826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.617178, "energy": 11.416863, "activity_lines": [ 34.315422, 34.587695, 34.711011, 33.49096 ] }, { "date": "2023-10-20", "close": 30.222256, "volume": 3399000, "typical_volume": 21116050.0, "trend": 31.577337, "fair_value": 22.731172, "relative_strength": 6.31063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.857069, "energy": 9.335832, "activity_lines": [ 32.951033, 33.81213, 34.355619, 33.418838 ] }, { "date": "2023-10-27", "close": 30.676044, "volume": 1558000, "typical_volume": 20290950.0, "trend": 31.816692, "fair_value": 22.813308, "relative_strength": 9.542391, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.267798, "energy": 25.335283, "activity_lines": [ 32.061609, 33.171052, 34.040411, 33.36069 ] }, { "date": "2023-11-03", "close": 29.995363, "volume": 2138000, "typical_volume": 19679650.0, "trend": 32.033358, "fair_value": 22.899154, "relative_strength": 4.429292, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.491359, "energy": 48.461012, "activity_lines": [ 31.123781, 32.438391, 33.651686, 33.243185 ] }, { "date": "2023-11-10", "close": 29.632336, "volume": 1859000, "typical_volume": 18801500.0, "trend": 32.216327, "fair_value": 22.983407, "relative_strength": 1.957048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.33451, "energy": 56.423013, "activity_lines": [ 30.31604, 31.743684, 33.224171, 33.08828 ] }, { "date": "2023-11-17", "close": 31.084454, "volume": 1607000, "typical_volume": 18130000.0, "trend": 32.385795, "fair_value": 23.080639, "relative_strength": 3.34202, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.584378, "energy": 53.037002, "activity_lines": [ 30.36747, 31.423557, 32.94131, 33.015256 ] }, { "date": "2023-11-24", "close": 31.356728, "volume": 2875000, "typical_volume": 15687750.0, "trend": 32.470761, "fair_value": 23.178393, "relative_strength": 3.448113, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.900941, "energy": 46.23291, "activity_lines": [ 30.712349, 31.248643, 32.682219, 32.948865 ] }, { "date": "2023-12-01", "close": 32.218922, "volume": 1676000, "typical_volume": 13742200.0, "trend": 32.56575, "fair_value": 23.267727, "relative_strength": 4.971527, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.315327, "energy": 23.660834, "activity_lines": [ 31.268995, 31.298147, 32.515182, 32.932617 ] }, { "date": "2023-12-08", "close": 31.674379, "volume": 1425000, "typical_volume": 10479050.0, "trend": 32.752003, "fair_value": 23.356262, "relative_strength": 3.134623, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.953864, "energy": 12.119116, "activity_lines": [ 31.541267, 31.269269, 32.321134, 32.875109 ] }, { "date": "2023-12-15", "close": 30.403774, "volume": 1525000, "typical_volume": 6927950.0, "trend": 32.855591, "fair_value": 23.435429, "relative_strength": -2.86764, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.32311, "energy": 26.18463, "activity_lines": [ 31.278071, 31.047326, 32.041946, 32.723611 ] }, { "date": "2023-12-22", "close": 32.082787, "volume": 3719000, "typical_volume": 6305900.0, "trend": 32.947482, "fair_value": 23.521934, "relative_strength": 2.590907, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.11204, "energy": 19.565298, "activity_lines": [ 31.523116, 31.218941, 31.965883, 32.673752 ] }, { "date": "2023-12-29", "close": 31.810514, "volume": 3232000, "typical_volume": 5898750.0, "trend": 33.021659, "fair_value": 23.601065, "relative_strength": -0.472824, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.212203, "energy": 19.332763, "activity_lines": [ 31.610848, 31.378179, 31.880095, 32.6004 ] }, { "date": "2024-01-05", "close": 30.585287, "volume": 1090000, "typical_volume": 5509800.0, "trend": 33.07947, "fair_value": 23.679928, "relative_strength": -2.313483, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.21835, "energy": 29.260279, "activity_lines": [ 31.259919, 31.285771, 31.68367, 32.443214 ] }, { "date": "2024-01-12", "close": 29.405441, "volume": 1301000, "typical_volume": 3416400.0, "trend": 33.089315, "fair_value": 23.752206, "relative_strength": -6.238303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.855915, "energy": 36.589102, "activity_lines": [ 30.624616, 30.980496, 31.383738, 32.20618 ] }, { "date": "2024-01-19", "close": 29.723093, "volume": 1330241, "typical_volume": 2906062.05, "trend": 33.047842, "fair_value": 23.81869, "relative_strength": -6.381471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.09482, "energy": 52.985173, "activity_lines": [ 30.24646, 30.743701, 31.144095, 31.989005 ] }, { "date": "2024-01-26", "close": 29.269302, "volume": 1029000, "typical_volume": 2403762.05, "trend": 33.002463, "fair_value": 23.88667, "relative_strength": -9.619498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.735603, "energy": 65.590348, "activity_lines": [ 29.76242, 30.422749, 30.889758, 31.745228 ] }, { "date": "2024-02-02", "close": 30.585287, "volume": 2215000, "typical_volume": 2264312.05, "trend": 32.907168, "fair_value": 23.96015, "relative_strength": -6.188866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.684264, "energy": 57.422944, "activity_lines": [ 29.904606, 30.37407, 30.794462, 31.589281 ] }, { "date": "2024-02-09", "close": 29.813847, "volume": 496000, "typical_volume": 2144112.05, "trend": 32.653047, "fair_value": 24.026482, "relative_strength": -8.983667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.543987, "energy": 46.193389, "activity_lines": [ 29.871328, 30.199155, 30.647089, 31.389712 ] }, { "date": "2024-02-16", "close": 31.765135, "volume": 1704000, "typical_volume": 2149112.05, "trend": 32.404977, "fair_value": 24.107525, "relative_strength": -6.002441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.686038, "energy": 20.980953, "activity_lines": [ 30.539908, 30.422749, 30.702408, 31.332427 ] }, { "date": "2024-02-23", "close": 31.311348, "volume": 2032000, "typical_volume": 1948662.05, "trend": 32.132704, "fair_value": 24.19251, "relative_strength": -8.937836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.039221, "energy": 16.543133, "activity_lines": [ 30.899913, 30.562185, 30.724017, 31.26187 ] }, { "date": "2024-03-01", "close": 34.306347, "volume": 14030000, "typical_volume": 2512012.05, "trend": 32.093376, "fair_value": 24.285928, "relative_strength": -0.849831, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 29.902204, "energy": 25.242013, "activity_lines": [ 32.152368, 31.229666, 31.049664, 31.402105 ] }, { "date": "2024-03-08", "close": 32.40044, "volume": 16597000, "typical_volume": 3171912.05, "trend": 32.070686, "fair_value": 24.363458, "relative_strength": -10.558124, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.316889, "energy": 21.523742, "activity_lines": [ 32.433717, 31.51019, 31.192931, 31.421916 ] }, { "date": "2024-03-15", "close": 34.442486, "volume": 25770000, "typical_volume": 4382512.05, "trend": 32.137242, "fair_value": 24.45677, "relative_strength": -4.732251, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.585318, "energy": 31.414616, "activity_lines": [ 33.274737, 32.151268, 31.520307, 31.574935 ] }, { "date": "2024-03-22", "close": 34.487862, "volume": 2851000, "typical_volume": 4418162.05, "trend": 32.096401, "fair_value": 24.545479, "relative_strength": -7.426458, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.406531, "energy": 48.161129, "activity_lines": [ 33.822308, 32.730466, 31.834069, 31.726588 ] }, { "date": "2024-03-29", "close": 33.807182, "volume": 1596000, "typical_volume": 4405012.05, "trend": 32.032871, "fair_value": 24.62224, "relative_strength": -9.723313, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.408563, "energy": 40.737264, "activity_lines": [ 33.96147, 33.093497, 32.061611, 31.836961 ] }, { "date": "2024-04-05", "close": 33.534908, "volume": 1562000, "typical_volume": 4402762.05, "trend": 31.939088, "fair_value": 24.698724, "relative_strength": -10.794042, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.57002, "energy": 36.671483, "activity_lines": [ 33.843484, 33.332767, 32.243342, 31.933867 ] }, { "date": "2024-04-12", "close": 32.536575, "volume": 2341000, "typical_volume": 4376062.05, "trend": 31.854381, "fair_value": 24.765628, "relative_strength": -15.162062, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 49.469823, "energy": 29.105888, "activity_lines": [ 33.444151, 33.312965, 32.318325, 31.972415 ] }, { "date": "2024-04-19", "close": 30.176878, "volume": 2490000, "typical_volume": 4416762.05, "trend": 31.748497, "fair_value": 24.809331, "relative_strength": -16.336111, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 16.779964, "energy": 11.642515, "activity_lines": [ 32.249176, 32.82865, 32.162957, 31.864189 ] }, { "date": "2024-04-26", "close": 31.265972, "volume": 2262000, "typical_volume": 4458612.05, "trend": 31.665302, "fair_value": 24.860505, "relative_strength": -15.613766, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.501478, "energy": 16.466481, "activity_lines": [ 31.701606, 32.535751, 32.121035, 31.833058 ] }, { "date": "2024-05-03", "close": 30.948318, "volume": 1042000, "typical_volume": 4434462.05, "trend": 31.521603, "fair_value": 24.910132, "relative_strength": -17.023579, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.812277, "energy": 14.464992, "activity_lines": [ 31.262945, 32.194172, 32.050806, 31.786801 ] }, { "date": "2024-05-10", "close": 30.585287, "volume": 1374000, "typical_volume": 4317212.05, "trend": 31.403618, "fair_value": 24.950092, "relative_strength": -19.321696, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.542951, "energy": 20.549412, "activity_lines": [ 30.893864, 31.793189, 31.94341, 31.726393 ] }, { "date": "2024-05-17", "close": 31.629, "volume": 1889000, "typical_volume": 4250062.05, "trend": 31.45051, "fair_value": 25.015826, "relative_strength": -18.554783, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.785168, "energy": 13.941195, "activity_lines": [ 31.069328, 31.649627, 31.942546, 31.740934 ] }, { "date": "2024-05-24", "close": 33.398769, "volume": 9221000, "typical_volume": 4656612.05, "trend": 31.541267, "fair_value": 25.107586, "relative_strength": -15.017355, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.78878, "energy": 13.140999, "activity_lines": [ 31.895221, 31.841867, 32.111095, 31.866628 ] }, { "date": "2024-05-31", "close": 36.802177, "volume": 23115000, "typical_volume": 5747312.05, "trend": 31.768161, "fair_value": 25.222875, "relative_strength": -4.594728, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.766765, "energy": 44.867986, "activity_lines": [ 33.64079, 32.671886, 32.590381, 32.206042 ] }, { "date": "2024-06-07", "close": 36.938313, "volume": 9397000, "typical_volume": 6150650.0, "trend": 32.011694, "fair_value": 25.333654, "relative_strength": -7.220756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.520331, "energy": 68.493232, "activity_lines": [ 35.062658, 33.484578, 33.04741, 32.5396 ] }, { "date": "2024-06-14", "close": 35.440815, "volume": 4176000, "typical_volume": 6308000.0, "trend": 32.156906, "fair_value": 25.435567, "relative_strength": -13.439134, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.399577, "energy": 72.206736, "activity_lines": [ 35.586026, 33.968068, 33.327462, 32.760834 ] }, { "date": "2024-06-21", "close": 35.894604, "volume": 4783000, "typical_volume": 6436400.0, "trend": 32.308168, "fair_value": 25.539655, "relative_strength": -14.922702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.863748, "energy": 72.713107, "activity_lines": [ 35.936956, 34.499412, 33.621343, 33.001975 ] }, { "date": "2024-06-28", "close": 36.076118, "volume": 4772000, "typical_volume": 6650200.0, "trend": 32.436742, "fair_value": 25.64295, "relative_strength": -13.447219, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.482987, "energy": 65.696623, "activity_lines": [ 36.064017, 35.002704, 33.907229, 33.245069 ] }, { "date": "2024-07-05", "close": 37.755135, "volume": 7596000, "typical_volume": 6944800.0, "trend": 32.639433, "fair_value": 25.755295, "relative_strength": -11.053135, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.637455, "energy": 54.787262, "activity_lines": [ 36.57226, 35.704012, 34.323202, 33.588191 ] }, { "date": "2024-07-12", "close": 34.533241, "volume": 5497000, "typical_volume": 7118050.0, "trend": 32.777082, "fair_value": 25.845029, "relative_strength": -19.246905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.068149, "energy": 35.860106, "activity_lines": [ 35.943008, 35.701537, 34.403803, 33.710372 ] }, { "date": "2024-07-19", "close": 32.372646, "volume": 2950000, "typical_volume": 6564050.0, "trend": 32.786744, "fair_value": 25.918711, "relative_strength": -20.069135, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.884846, "energy": 15.808253, "activity_lines": [ 34.753896, 35.241046, 34.263291, 33.68428 ] }, { "date": "2024-07-26", "close": 31.206488, "volume": 1009000, "typical_volume": 5784650.0, "trend": 32.76661, "fair_value": 25.988099, "relative_strength": -19.574027, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.961293, "energy": 13.493552, "activity_lines": [ 33.380609, 34.536029, 34.020924, 33.582328 ] }, { "date": "2024-08-02", "close": 30.460144, "volume": 1582000, "typical_volume": 4575250.0, "trend": 32.762439, "fair_value": 26.054904, "relative_strength": -19.132263, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -26.210802, "energy": 30.503876, "activity_lines": [ 32.071082, 33.702995, 33.713163, 33.433523 ] }, { "date": "2024-08-09", "close": 28.081173, "volume": 2573000, "typical_volume": 4561350.0, "trend": 32.718296, "fair_value": 26.10964, "relative_strength": -24.288257, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -37.564751, "energy": 46.136292, "activity_lines": [ 30.342963, 32.490851, 33.197797, 33.131506 ] }, { "date": "2024-08-16", "close": 28.874165, "volume": 858000, "typical_volume": 4524450.0, "trend": 32.689999, "fair_value": 26.165545, "relative_strength": -24.638927, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.620951, "energy": 60.129727, "activity_lines": [ 29.524105, 31.58145, 32.788461, 32.883498 ] }, { "date": "2024-08-23", "close": 28.734222, "volume": 721000, "typical_volume": 4482400.0, "trend": 32.672163, "fair_value": 26.22618, "relative_strength": -23.61122, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.608464, "energy": 73.510338, "activity_lines": [ 29.035871, 30.793227, 32.389288, 32.628286 ] }, { "date": "2024-08-30", "close": 29.713799, "volume": 944000, "typical_volume": 4412550.0, "trend": 32.643113, "fair_value": 26.298775, "relative_strength": -20.66838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.967748, "energy": 71.205031, "activity_lines": [ 29.116725, 30.305046, 32.106269, 32.437424 ] }, { "date": "2024-09-06", "close": 28.361053, "volume": 1317000, "typical_volume": 4353900.0, "trend": 32.594687, "fair_value": 26.361653, "relative_strength": -20.547741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.983333, "energy": 63.469233, "activity_lines": [ 28.846175, 29.683289, 31.707858, 32.161162 ] }, { "date": "2024-09-13", "close": 28.687576, "volume": 676000, "typical_volume": 4274600.0, "trend": 32.492101, "fair_value": 26.421135, "relative_strength": -20.135358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.932665, "energy": 52.491862, "activity_lines": [ 28.824407, 29.261175, 31.349192, 31.90909 ] }, { "date": "2024-09-20", "close": 28.920809, "volume": 637000, "typical_volume": 4254350.0, "trend": 32.412417, "fair_value": 26.487079, "relative_strength": -20.255274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.34294, "energy": 43.60586, "activity_lines": [ 28.839955, 29.046331, 31.025017, 31.678685 ] }, { "date": "2024-09-27", "close": 28.827517, "volume": 845000, "typical_volume": 4227900.0, "trend": 32.229789, "fair_value": 26.553992, "relative_strength": -22.089275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.116813, "energy": 43.498934, "activity_lines": [ 28.821297, 28.916569, 30.701611, 31.447401 ] }, { "date": "2024-10-04", "close": 27.708002, "volume": 521000, "typical_volume": 4159500.0, "trend": 32.073374, "fair_value": 26.612423, "relative_strength": -22.549277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.819263, "energy": 51.54812, "activity_lines": [ 28.423247, 28.647716, 30.279955, 31.155672 ] }, { "date": "2024-10-11", "close": 27.101597, "volume": 482000, "typical_volume": 3722550.0, "trend": 31.828678, "fair_value": 26.670625, "relative_strength": -25.466013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.685424, "energy": 68.823669, "activity_lines": [ 27.956783, 28.332216, 29.819218, 30.834913 ] }, { "date": "2024-10-18", "close": 30.320204, "volume": 10946000, "typical_volume": 3114100.0, "trend": 31.689756, "fair_value": 26.753641, "relative_strength": -18.150814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.05657, "energy": 37.704215, "activity_lines": [ 28.64715, 28.662982, 29.695001, 30.737592 ] }, { "date": "2024-10-25", "close": 30.180264, "volume": 1927000, "typical_volume": 2740600.0, "trend": 31.568859, "fair_value": 26.837329, "relative_strength": -17.431416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.497936, "energy": 27.103088, "activity_lines": [ 29.18203, 28.927594, 29.588323, 30.640205 ] }, { "date": "2024-11-01", "close": 28.361053, "volume": 1571000, "typical_volume": 2610350.0, "trend": 31.396397, "fair_value": 26.905434, "relative_strength": -19.909748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.282757, "energy": 25.624096, "activity_lines": [ 29.026542, 28.837694, 29.340569, 30.43325 ] }, { "date": "2024-11-08", "close": 28.034527, "volume": 1193000, "typical_volume": 2430850.0, "trend": 31.246329, "fair_value": 26.96648, "relative_strength": -22.873603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.353871, "energy": 25.345223, "activity_lines": [ 28.79331, 28.695211, 29.095429, 30.216355 ] }, { "date": "2024-11-15", "close": 27.428123, "volume": 964000, "typical_volume": 2240450.0, "trend": 31.154704, "fair_value": 27.02573, "relative_strength": -21.261688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.58872, "energy": 39.518688, "activity_lines": [ 28.336174, 28.473004, 28.829966, 29.970019 ] }, { "date": "2024-11-22", "close": 27.568062, "volume": 683229, "typical_volume": 1894811.45, "trend": 31.03144, "fair_value": 27.085877, "relative_strength": -20.811446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.538568, "energy": 51.758635, "activity_lines": [ 27.903917, 28.293203, 28.619011, 29.738623 ] }, { "date": "2024-11-29", "close": 26.961657, "volume": 893000, "typical_volume": 1664611.45, "trend": 30.898551, "fair_value": 27.137171, "relative_strength": -19.673672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.68842, "energy": 59.688515, "activity_lines": [ 27.453001, 28.023501, 28.398813, 29.476056 ] }, { "date": "2024-12-06", "close": 27.708002, "volume": 729000, "typical_volume": 1553561.45, "trend": 30.802642, "fair_value": 27.194817, "relative_strength": -20.123716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.937099, "energy": 51.719461, "activity_lines": [ 27.46544, 27.92512, 28.285751, 29.270214 ] }, { "date": "2024-12-13", "close": 26.215315, "volume": 471000, "typical_volume": 1526661.45, "trend": 30.622186, "fair_value": 27.230872, "relative_strength": -23.286005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.011247, "energy": 56.190158, "activity_lines": [ 27.023853, 27.575695, 28.052741, 28.974258 ] }, { "date": "2024-12-20", "close": 25.002506, "volume": 661000, "typical_volume": 1480611.45, "trend": 30.34231, "fair_value": 27.255232, "relative_strength": -24.479561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.997061, "energy": 64.153377, "activity_lines": [ 26.299278, 27.0329, 27.727993, 28.611698 ] }, { "date": "2024-12-27", "close": 25.515617, "volume": 433000, "typical_volume": 1373611.45, "trend": 29.966092, "fair_value": 27.277392, "relative_strength": -24.797668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.942059, "energy": 58.850534, "activity_lines": [ 25.907448, 26.621563, 27.478101, 28.300298 ] }, { "date": "2025-01-03", "close": 25.142447, "volume": 282000, "typical_volume": 1344811.45, "trend": 29.572896, "fair_value": 27.288796, "relative_strength": -24.059651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.271556, "energy": 65.393915, "activity_lines": [ 25.528057, 26.229733, 27.204886, 27.989095 ] }, { "date": "2025-01-10", "close": 24.162868, "volume": 537000, "typical_volume": 1335611.45, "trend": 29.196964, "fair_value": 27.286079, "relative_strength": -26.733537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.724174, "energy": 70.385065, "activity_lines": [ 24.94342, 25.751394, 26.856148, 27.640061 ] }, { "date": "2025-01-17", "close": 22.716829, "volume": 764000, "typical_volume": 1326611.45, "trend": 28.757705, "fair_value": 27.28481, "relative_strength": -30.874584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.390852, "energy": 90.368153, "activity_lines": [ 24.113113, 25.08647, 26.39146, 27.221988 ] }, { "date": "2025-01-24", "close": 22.763475, "volume": 311000, "typical_volume": 1276311.45, "trend": 28.313951, "fair_value": 27.292203, "relative_strength": -31.22984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.938927, "energy": 90.87299, "activity_lines": [ 23.531587, 24.526712, 25.964534, 26.835264 ] }, { "date": "2025-02-07", "close": 23.043356, "volume": 1041007, "typical_volume": 1294561.8, "trend": 27.823558, "fair_value": 27.296163, "relative_strength": -29.558966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.464304, "energy": 87.878932, "activity_lines": [ 23.192623, 24.102653, 25.590918, 26.495225 ] }, { "date": "2025-02-14", "close": 23.556465, "volume": 516839, "typical_volume": 1288553.75, "trend": 27.457665, "fair_value": 27.30681, "relative_strength": -26.336965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.210092, "energy": 85.25054, "activity_lines": [ 23.189513, 23.854155, 25.293047, 26.219929 ] }, { "date": "2025-02-21", "close": 23.976284, "volume": 470195, "typical_volume": 1269813.5, "trend": 27.177787, "fair_value": 27.306295, "relative_strength": -26.132612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.192801, "energy": 59.464147, "activity_lines": [ 23.432075, 23.7439, 25.060703, 25.995324 ] }, { "date": "2025-02-28", "close": 23.7897, "volume": 331030, "typical_volume": 1260315.0, "trend": 26.93056, "fair_value": 27.306153, "relative_strength": -23.885286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.413378, "energy": 51.415111, "activity_lines": [ 23.624881, 23.667569, 24.833691, 25.776737 ] }, { "date": "2025-03-07", "close": 23.369879, "volume": 452470, "typical_volume": 1258838.5, "trend": 26.694218, "fair_value": 27.31299, "relative_strength": -22.797959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.590725, "energy": 45.631007, "activity_lines": [ 23.606222, 23.55901, 24.585354, 25.547016 ] }, { "date": "2025-03-14", "close": 22.29701, "volume": 385000, "typical_volume": 730788.5, "trend": 26.501413, "fair_value": 27.309813, "relative_strength": -23.621456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.889696, "energy": 55.969631, "activity_lines": [ 23.189513, 23.285068, 24.252609, 25.263325 ] }, { "date": "2025-03-21", "close": 22.950062, "volume": 376190, "typical_volume": 653248.0, "trend": 26.303943, "fair_value": 27.316312, "relative_strength": -21.422887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.606127, "energy": 53.513286, "activity_lines": [ 23.040245, 23.188383, 24.020265, 25.034206 ] }, { "date": "2025-03-28", "close": 21.643963, "volume": 458295, "typical_volume": 597612.75, "trend": 26.067601, "fair_value": 27.313915, "relative_strength": -23.023906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.873922, "energy": 73.777009, "activity_lines": [ 22.496037, 22.894086, 23.69796, 24.733562 ] }, { "date": "2025-04-04", "close": 21.457375, "volume": 419796, "typical_volume": 558952.55, "trend": 25.792387, "fair_value": 27.308754, "relative_strength": -21.835525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.788764, "energy": 80.696999, "activity_lines": [ 22.045121, 22.611663, 23.389871, 24.436128 ] }, { "date": "2025-04-11", "close": 17.53907, "volume": 1138614, "typical_volume": 567683.25, "trend": 25.431654, "fair_value": 27.280305, "relative_strength": -29.530653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.586994, "energy": 92.542805, "activity_lines": [ 20.443592, 21.63972, 22.73993, 23.903656 ] }, { "date": "2025-04-18", "close": 18.052183, "volume": 498259, "typical_volume": 558434.75, "trend": 25.077141, "fair_value": 27.258804, "relative_strength": -26.258688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.882706, "energy": 94.033752, "activity_lines": [ 19.401821, 20.856059, 22.185948, 23.427561 ] }, { "date": "2025-04-25", "close": 18.052183, "volume": 389100, "typical_volume": 533239.75, "trend": 24.714853, "fair_value": 27.242531, "relative_strength": -27.325969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.779445, "energy": 91.262925, "activity_lines": [ 18.643038, 20.163147, 21.67728, 22.974338 ] }, { "date": "2025-05-02", "close": 18.751881, "volume": 437944, "typical_volume": 518686.95, "trend": 24.378999, "fair_value": 27.23205, "relative_strength": -27.100546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.095444, "energy": 85.910111, "activity_lines": [ 18.444013, 19.697531, 21.277675, 22.58963 ] }, { "date": "2025-05-09", "close": 18.472, "volume": 305571, "typical_volume": 510415.5, "trend": 24.071132, "fair_value": 27.22448, "relative_strength": -27.910026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.33931, "energy": 80.688562, "activity_lines": [ 18.344501, 19.276016, 20.894063, 22.208533 ] }, { "date": "2025-05-16", "close": 19.031759, "volume": 712085, "typical_volume": 512969.75, "trend": 23.802137, "fair_value": 27.212656, "relative_strength": -28.200554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.5594, "energy": 62.644451, "activity_lines": [ 18.630599, 19.052962, 20.600635, 21.883413 ] }, { "date": "2025-05-23", "close": 18.005535, "volume": 587011, "typical_volume": 520670.3, "trend": 23.391648, "fair_value": 27.192425, "relative_strength": -30.75129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.387808, "energy": 59.843733, "activity_lines": [ 18.47511, 18.722196, 20.237903, 21.509438 ] }, { "date": "2025-05-30", "close": 17.53907, "volume": 785418, "typical_volume": 545841.2, "trend": 22.970275, "fair_value": 27.167374, "relative_strength": -30.775667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.151254, "energy": 59.161625, "activity_lines": [ 18.167243, 18.384644, 19.866508, 21.131853 ] }, { "date": "2025-06-06", "close": 17.725657, "volume": 766522, "typical_volume": 557317.3, "trend": 22.615762, "fair_value": 27.152144, "relative_strength": -30.008303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.894481, "energy": 55.770479, "activity_lines": [ 17.955779, 18.1794, 19.54909, 20.79349 ] }, { "date": "2025-06-13", "close": 17.165899, "volume": 633729, "typical_volume": 550803.75, "trend": 22.253474, "fair_value": 27.12444, "relative_strength": -32.471431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.852944, "energy": 60.19885, "activity_lines": [ 17.626144, 17.943623, 19.209015, 20.441886 ] }, { "date": "2025-06-20", "close": 16.466204, "volume": 481166, "typical_volume": 559312.05, "trend": 21.888077, "fair_value": 27.091466, "relative_strength": -34.234808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.830723, "energy": 63.258764, "activity_lines": [ 17.150351, 17.658656, 18.828735, 20.068514 ] }, { "date": "2025-06-27", "close": 16.792727, "volume": 364428, "typical_volume": 525483.1, "trend": 21.528899, "fair_value": 27.066858, "relative_strength": -33.618704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.186899, "energy": 62.504508, "activity_lines": [ 16.954435, 17.452563, 18.50954, 19.739781 ] }, { "date": "2025-07-04", "close": 16.699434, "volume": 456195, "typical_volume": 522450.9, "trend": 21.186825, "fair_value": 27.046095, "relative_strength": -32.941674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.35587, "energy": 63.523793, "activity_lines": [ 16.808276, 17.252407, 18.211225, 19.428203 ] }, { "date": "2025-07-11", "close": 16.792727, "volume": 263350, "typical_volume": 512108.65, "trend": 20.822983, "fair_value": 27.037954, "relative_strength": -32.148804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.693776, "energy": 81.946352, "activity_lines": [ 16.749191, 17.093809, 17.954447, 19.144713 ] }, { "date": "2025-07-18", "close": 17.610424, "volume": 633779, "typical_volume": 527246.1, "trend": 20.536153, "fair_value": 27.032179, "relative_strength": -29.912527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.33204, "energy": 54.769445, "activity_lines": [ 17.024866, 17.119504, 17.809752, 18.937451 ] }, { "date": "2025-07-25", "close": 17.464079, "volume": 340035, "typical_volume": 521624.35, "trend": 20.284872, "fair_value": 27.00717, "relative_strength": -29.597419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.473944, "energy": 44.626558, "activity_lines": [ 17.222124, 17.134256, 17.680545, 18.739253 ] }, { "date": "2025-08-01", "close": 17.464078, "volume": 355541, "typical_volume": 520151.4, "trend": 20.016487, "fair_value": 26.981377, "relative_strength": -28.951149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.465857, "energy": 35.901795, "activity_lines": [ 17.352858, 17.177511, 17.579461, 18.557266 ] }, { "date": "2025-08-08", "close": 18.439726, "volume": 760166, "typical_volume": 539350.2, "trend": 19.793063, "fair_value": 26.958701, "relative_strength": -25.945714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.586081, "energy": 23.639078, "activity_lines": [ 17.76405, 17.408001, 17.59431, 18.455539 ] }, { "date": "2025-08-15", "close": 24.683865, "volume": 6864385, "typical_volume": 859654.7, "trend": 19.81043, "fair_value": 26.978666, "relative_strength": -1.609123, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.011448, "energy": 48.709046, "activity_lines": [ 20.140603, 18.757414, 18.225316, 18.771075 ] }, { "date": "2025-08-22", "close": 24.586302, "volume": 4548600, "typical_volume": 1066094.9, "trend": 19.872746, "fair_value": 26.98732, "relative_strength": 0.836737, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.431175, "energy": 74.024528, "activity_lines": [ 21.958559, 19.962575, 18.832555, 19.079196 ] }, { "date": "2025-08-29", "close": 26.098553, "volume": 1864711, "typical_volume": 1102399.75, "trend": 19.983915, "fair_value": 27.005945, "relative_strength": 5.403281, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 63.170716, "energy": 86.644774, "activity_lines": [ 23.81554, 21.307774, 19.568918, 19.480861 ] }, { "date": "2025-09-05", "close": 24.781429, "volume": 4957301, "typical_volume": 1325351.85, "trend": 20.041851, "fair_value": 27.015019, "relative_strength": -0.379572, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.622085, "energy": 79.238311, "activity_lines": [ 24.657848, 22.238363, 20.139081, 19.790378 ] }, { "date": "2025-09-12", "close": 22.000835, "volume": 6593065, "typical_volume": 1635550.1, "trend": 19.989996, "fair_value": 27.006823, "relative_strength": -14.213631, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.840859, "energy": 72.210911, "activity_lines": [ 24.085468, 22.51814, 20.412382, 19.916764 ] }, { "date": "2025-09-19", "close": 23.708218, "volume": 1696651, "typical_volume": 1698485.45, "trend": 19.981061, "fair_value": 27.008187, "relative_strength": -7.237312, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.277197, "energy": 57.9288, "activity_lines": [ 23.844808, 23.011961, 20.829488, 20.156649 ] }, { "date": "2025-09-26", "close": 22.244747, "volume": 1222615, "typical_volume": 1744337.65, "trend": 19.929562, "fair_value": 27.000724, "relative_strength": -12.234386, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.832537, "energy": 42.821497, "activity_lines": [ 23.181368, 23.11396, 21.083614, 20.302693 ] }, { "date": "2025-10-03", "close": 22.635008, "volume": 502117, "typical_volume": 1733839.25, "trend": 19.905067, "fair_value": 27.000192, "relative_strength": -13.937907, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.943486, "energy": 29.063703, "activity_lines": [ 22.804119, 23.202656, 21.356942, 20.477238 ] }, { "date": "2025-10-10", "close": 23.757002, "volume": 2933920, "typical_volume": 1851184.7, "trend": 19.953733, "fair_value": 27.01239, "relative_strength": -10.811769, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.241617, "energy": 32.430272, "activity_lines": [ 23.03177, 23.401333, 21.719968, 20.72575 ] }, { "date": "2025-10-17", "close": 23.366743, "volume": 1810048, "typical_volume": 1902416.2, "trend": 19.967623, "fair_value": 27.021532, "relative_strength": -11.708296, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.57492, "energy": 29.171544, "activity_lines": [ 23.197631, 23.414638, 22.018439, 20.945944 ] }, { "date": "2025-10-24", "close": 24.244825, "volume": 1855709, "typical_volume": 1956875.55, "trend": 20.054318, "fair_value": 27.044609, "relative_strength": -8.409793, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.721069, "energy": 38.223379, "activity_lines": [ 23.565124, 23.498011, 22.372786, 21.221893 ] }, { "date": "2025-10-31", "close": 23.757002, "volume": 4272634, "typical_volume": 2138820.8, "trend": 20.130972, "fair_value": 27.068435, "relative_strength": -11.684312, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.113877, "energy": 36.547877, "activity_lines": [ 23.734237, 23.500672, 22.64963, 21.460776 ] }, { "date": "2025-11-07", "close": 22.586224, "volume": 2074700, "typical_volume": 2218497.5, "trend": 20.299211, "fair_value": 27.082817, "relative_strength": -13.522216, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.115073, "energy": 29.699726, "activity_lines": [ 23.412273, 23.305543, 22.783585, 21.619179 ] }, { "date": "2025-11-14", "close": 22.195967, "volume": 1614367, "typical_volume": 2280994.45, "trend": 20.437337, "fair_value": 27.086116, "relative_strength": -13.559916, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.296813, "energy": 22.307406, "activity_lines": [ 22.963475, 23.103318, 22.851229, 21.741551 ] }, { "date": "2025-11-21", "close": 19.80563, "volume": 1249771, "typical_volume": 2320673.25, "trend": 20.495785, "fair_value": 27.077691, "relative_strength": -19.303978, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -1.754145, "energy": 10.901585, "activity_lines": [ 21.821968, 22.513495, 22.665493, 21.700795 ] }, { "date": "2025-11-28", "close": 21.317884, "volume": 395235, "typical_volume": 2327267.5, "trend": 20.581318, "fair_value": 27.072315, "relative_strength": -16.138314, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.859233, "energy": 18.573832, "activity_lines": [ 21.421953, 22.23854, 22.60899, 21.753834 ] }, { "date": "2025-12-05", "close": 21.659361, "volume": 588855, "typical_volume": 2325021.3, "trend": 20.687564, "fair_value": 27.069128, "relative_strength": -15.098785, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.645974, "energy": 19.598821, "activity_lines": [ 21.330893, 22.069132, 22.56346, 21.823385 ] }, { "date": "2025-12-12", "close": 21.708143, "volume": 900158, "typical_volume": 2353027.45, "trend": 20.776777, "fair_value": 27.066254, "relative_strength": -14.799369, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.369664, "energy": 20.299952, "activity_lines": [ 21.395936, 21.919237, 22.503295, 21.889229 ] }, { "date": "2025-12-19", "close": 22.293531, "volume": 1232127, "typical_volume": 2396856.75, "trend": 20.91971, "fair_value": 27.068517, "relative_strength": -10.279443, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.64635, "energy": 10.567799, "activity_lines": [ 21.714647, 21.892629, 22.478671, 21.987084 ] }, { "date": "2025-12-26", "close": 22.147184, "volume": 633000, "typical_volume": 2390498.45, "trend": 21.073314, "fair_value": 27.070395, "relative_strength": -12.926156, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.565266, "energy": 11.891534, "activity_lines": [ 21.978072, 21.86602, 22.417113, 22.066276 ] }, { "date": "2026-01-02", "close": 22.830135, "volume": 1290602, "typical_volume": 2111809.3, "trend": 21.243463, "fair_value": 27.079697, "relative_strength": -12.06422, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.819237, "energy": 18.819318, "activity_lines": [ 22.313043, 21.985758, 22.402943, 22.179619 ] }, { "date": "2026-01-09", "close": 22.342312, "volume": 1256893, "typical_volume": 1947223.95, "trend": 21.41601, "fair_value": 27.086702, "relative_strength": -15.953925, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.267081, "energy": 18.513495, "activity_lines": [ 22.38459, 22.042523, 22.35114, 22.250513 ] }, { "date": "2026-01-16", "close": 23.757002, "volume": 2186741, "typical_volume": 1963325.45, "trend": 21.659037, "fair_value": 27.101668, "relative_strength": -13.260155, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.63417, "energy": 28.815662, "activity_lines": [ 22.882171, 22.382226, 22.444756, 22.401544 ] }, { "date": "2026-01-23", "close": 24.391171, "volume": 2132876, "typical_volume": 1822104.2, "trend": 21.912318, "fair_value": 27.122084, "relative_strength": -12.06182, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.749734, "energy": 50.365644, "activity_lines": [ 23.45455, 22.815945, 22.609919, 22.577811 ] }, { "date": "2026-01-30", "close": 22.927702, "volume": 2073912, "typical_volume": 1596146.55, "trend": 22.119927, "fair_value": 27.133395, "relative_strength": -17.137956, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.635213, "energy": 40.995095, "activity_lines": [ 23.399264, 22.943666, 22.637562, 22.64332 ] }, { "date": "2026-02-06", "close": 22.391096, "volume": 858532, "typical_volume": 1554240.6, "trend": 22.306539, "fair_value": 27.136837, "relative_strength": -17.855236, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.644008, "energy": 30.980855, "activity_lines": [ 23.113074, 22.917058, 22.609687, 22.660815 ] }, { "date": "2026-02-13", "close": 22.439878, "volume": 384841, "typical_volume": 1512351.9, "trend": 22.467521, "fair_value": 27.141422, "relative_strength": -21.526208, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.698186, "energy": 13.647578, "activity_lines": [ 22.872415, 22.879806, 22.592729, 22.669417 ] }, { "date": "2026-02-27", "close": 24.147259, "volume": 2075089, "typical_volume": 1591000.5, "trend": 22.690294, "fair_value": 27.157783, "relative_strength": -19.268946, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.329946, "energy": 21.604019, "activity_lines": [ 23.194378, 23.138796, 22.73745, 22.777787 ] }, { "date": "2026-03-06", "close": 23.610655, "volume": 1811945, "typical_volume": 1534901.75, "trend": 22.89518, "fair_value": 27.165997, "relative_strength": -16.170579, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.514623, "energy": 10.134217, "activity_lines": [ 23.311456, 23.255873, 22.823865, 22.837165 ] }, { "date": "2026-03-13", "close": 24.196041, "volume": 2984347, "typical_volume": 1593616.7, "trend": 23.087057, "fair_value": 27.175748, "relative_strength": -12.95928, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.144291, "energy": 25.289391, "activity_lines": [ 23.675697, 23.455437, 22.966727, 22.921092 ] }, { "date": "2026-03-20", "close": 27.952282, "volume": 6815878, "typical_volume": 1841625.15, "trend": 23.196004, "fair_value": 27.210963, "relative_strength": 0.544806, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.44995, "energy": 73.092119, "activity_lines": [ 25.207462, 24.300702, 23.463378, 23.234977 ] }, { "date": "2026-03-27", "close": 29.318188, "volume": 21653991, "typical_volume": 2710693.0, "trend": 23.353734, "fair_value": 27.25604, "relative_strength": 7.199594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.00433, "energy": 82.576058, "activity_lines": [ 26.823784, 25.301184, 24.07246, 23.629957 ] }, { "date": "2026-04-03", "close": 26.440031, "volume": 3769731, "typical_volume": 2795444.55, "trend": 23.365116, "fair_value": 27.277408, "relative_strength": -1.283848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.111122, "energy": 74.084298, "activity_lines": [ 27.022166, 25.65153, 24.38095, 23.829073 ] }, { "date": "2026-04-10", "close": 27.366894, "volume": 2288343, "typical_volume": 2829143.35, "trend": 23.451298, "fair_value": 27.302225, "relative_strength": -5.513178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.446825, "energy": 75.08734, "activity_lines": [ 27.376651, 26.121614, 24.759362, 24.087252 ] }, { "date": "2026-04-17", "close": 29.415752, "volume": 9531872, "typical_volume": 3243248.4, "trend": 23.698462, "fair_value": 27.340176, "relative_strength": -2.037585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.410946, "energy": 73.448943, "activity_lines": [ 28.163672, 26.910114, 25.308279, 24.472056 ] }, { "date": "2026-04-24", "close": 31.562174, "volume": 15856295, "typical_volume": 4016301.4, "trend": 23.960261, "fair_value": 27.387734, "relative_strength": -0.35278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.507698, "energy": 62.327886, "activity_lines": [ 29.318187, 27.970908, 26.015856, 24.979392 ] }, { "date": "2026-05-01", "close": 29.610882, "volume": 3310725, "typical_volume": 4152394.9, "trend": 24.205799, "fair_value": 27.410878, "relative_strength": -6.171896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.6249, "energy": 56.121724, "activity_lines": [ 29.581612, 28.510175, 26.488812, 25.343948 ] }, { "date": "2026-05-08", "close": 28.586452, "volume": 4047062, "typical_volume": 4309740.1, "trend": 24.40418, "fair_value": 27.409459, "relative_strength": -14.812811, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.260816, "energy": 49.982139, "activity_lines": [ 29.484047, 28.732799, 26.826339, 25.626571 ] }, { "date": "2026-05-15", "close": 28.342541, "volume": 3242514, "typical_volume": 4410259.45, "trend": 24.557031, "fair_value": 27.402877, "relative_strength": -14.256078, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.850712, "energy": 43.935808, "activity_lines": [ 29.162084, 28.830364, 27.107883, 25.880659 ] }, { "date": "2026-05-22", "close": 29.854794, "volume": 2257311, "typical_volume": 4491475.0, "trend": 24.7733, "fair_value": 27.427031, "relative_strength": -11.673231, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.70839, "energy": 39.022831, "activity_lines": [ 29.279162, 29.11685, 27.504646, 26.22245 ] }, { "date": "2026-05-29", "close": 31.415829, "volume": 7606048, "typical_volume": 4807247.3, "trend": 25.012333, "fair_value": 27.45344, "relative_strength": -11.902611, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.974451, "energy": 42.67714, "activity_lines": [ 29.887315, 29.584273, 28.013376, 26.651 ] }, { "date": "2026-06-05", "close": 32.928082, "volume": 8006720, "typical_volume": 5144738.65, "trend": 25.318036, "fair_value": 27.47653, "relative_strength": -8.152691, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.250699, "energy": 49.103236, "activity_lines": [ 31.009309, 30.263678, 28.625246, 27.161694 ] }, { "date": "2026-06-12", "close": 32.635387, "volume": 8458881, "typical_volume": 5458345.65, "trend": 25.653008, "fair_value": 27.496082, "relative_strength": -6.931535, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.3423, "energy": 56.373579, "activity_lines": [ 31.812592, 30.824232, 29.158832, 27.633781 ] }, { "date": "2026-06-19", "close": 32.391476, "volume": 2965451, "typical_volume": 5499974.4, "trend": 25.992858, "fair_value": 27.518778, "relative_strength": -12.020162, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.641007, "energy": 63.759519, "activity_lines": [ 32.264642, 31.227795, 29.62691, 28.068521 ] }, { "date": "2026-06-26", "close": 30.391399, "volume": 4017569, "typical_volume": 5597157.25, "trend": 26.345717, "fair_value": 27.526991, "relative_strength": -13.809897, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.523779, "energy": 49.287234, "activity_lines": [ 31.78007, 31.176352, 29.866408, 28.352298 ] }, { "date": "2026-07-03", "close": 32.049999, "volume": 1693972, "typical_volume": 5638929.25, "trend": 26.703454, "fair_value": 27.533932, "relative_strength": -13.27437, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.391672, "energy": 42.010252, "activity_lines": [ 31.812592, 31.408733, 30.228327, 28.720316 ] }, { "date": "2026-07-10", "close": 29.450001, "volume": 1542608, "typical_volume": 5696817.6, "trend": 26.963142, "fair_value": 27.526363, "relative_strength": -17.621157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.782589, "energy": 25.184233, "activity_lines": [ 30.936169, 31.159518, 30.296632, 28.897512 ] }, { "date": "2026-07-17", "close": 25.75, "volume": 1713141, "typical_volume": 5678720.2, "trend": 27.097871, "fair_value": 27.477042, "relative_strength": -23.18914, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.713356, "energy": 13.703653, "activity_lines": [ 29.058285, 30.240501, 29.979174, 28.819245 ] }, { "date": "2026-07-24", "close": 26.0, "volume": 799327, "typical_volume": 5628089.3, "trend": 27.22142, "fair_value": 27.403725, "relative_strength": -23.89732, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -4.619454, "energy": 19.924018, "activity_lines": [ 27.72276, 29.418509, 29.677894, 28.748415 ] }, { "date": "2026-07-31", "close": 25.6, "volume": 1712248, "typical_volume": 5564484.35, "trend": 27.336514, "fair_value": 27.316499, "relative_strength": -23.850535, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -26.597957, "energy": 34.492952, "activity_lines": [ 26.68, 28.566383, 29.327141, 28.643807 ] }, { "date": "2026-08-07", "close": 26.0, "volume": 751309, "typical_volume": 5261255.9, "trend": 27.442176, "fair_value": 27.230092, "relative_strength": -24.30129, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.753077, "energy": 45.148372, "activity_lines": [ 26.09, 27.864343, 29.007797, 28.55758 ] }, { "date": "2026-08-14", "close": 24.6, "volume": 1519311, "typical_volume": 4254521.9, "trend": 27.517432, "fair_value": 27.160308, "relative_strength": -30.458396, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.041972, "energy": 55.018528, "activity_lines": [ 25.436667, 27.006228, 28.564417, 28.374214 ] } ], "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." } } }