{ "ticker": { "uuid": "6241db8d-acee-413d-8002-67271c7f7df5", "symbol": "RNL", "name": "Renault SA", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 73.466, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -16.833, "architecture_energy": 10.03, "architecture_maturity": 39.487, "architecture_confidence": 68.482, "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": 53.64, "rotation_up": 27.81, "upward_expansion": 14.7, "deceleration": 42.11, "rotation_down": 27.72, "downward_expansion": 62.36 }, "activity_lines": [ 27.285999, 26.953454, 27.33615, 27.533613 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 28.719999, "trend_reference": 27.966219, "distance_from_trend": 0.026953, "trend_direction": "Weakening", "fair_value": 34.753784, "distance_from_fair_value": -0.173615, "fair_value_direction": "Improving", "relative_strength": -11.046814, "relative_strength_direction": "Improving", "price_momentum": 0.000705, "excess_performance": -0.063935, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026953, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.068, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.173615, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.010221, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.110468, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014405, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.000705, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.247164, "read": "Demand-led" } ], "volume": { "latest": 74705, "relative_activity": 2.258948, "balance": 1.247164, "dry_up": 1.762013, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.059085, "annualized_volatility": 0.351805, "from_high_reference": -0.18141, "from_low_reference": 0.148338 }, "levels": { "trend_reference": 27.966219, "fair_value_reference": 34.753784, "structural_low": 25.010063, "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": 25, "median_return": 0.033624, "positive_rate": 0.68, "directional_follow_through": 0.28, "median_excess_return": 0.006175, "regime_survival": 0.64, "best_return": 0.160626, "worst_return": -0.206216, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.025257, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.065782, "regime_survival": 0.454545, "best_return": 0.348217, "worst_return": -0.117168, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.06897, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.044895, "regime_survival": 0.142857, "best_return": 0.369863, "worst_return": -0.103108, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.08624, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.01628, "regime_survival": 0.333333, "best_return": 0.361449, "worst_return": -0.170442, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-08-09", "tenure": "Developing", "return": -0.189896, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-20", "tenure": "Developing", "return": -0.0706, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-27", "end": "2024-11-29", "tenure": "Developing", "return": 0.016311, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": 0.06906, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": 0.047782, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": -0.0278, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-16", "tenure": "Developing", "return": 0.091636, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": -0.096109, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": -0.068805, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-04", "end": "2025-11-28", "tenure": "Established", "return": -0.149729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": -0.132796, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-05-22", "tenure": "Established", "return": -0.062454, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.11916, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.08953, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 31.279942, "volume": 7386, "typical_volume": 9895.0, "trend": 31.5272, "fair_value": 27.07157, "relative_strength": 0.510448, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.515389, "energy": 18.688499, "activity_lines": [ 32.396686, 32.593681, 31.399571, 31.243735 ] }, { "date": "2023-08-25", "close": 31.002676, "volume": 9783, "typical_volume": 10117.5, "trend": 31.482347, "fair_value": 27.139317, "relative_strength": -0.863866, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 2.88969, "energy": 11.029912, "activity_lines": [ 31.779021, 32.324403, 31.433538, 31.209895 ] }, { "date": "2023-09-01", "close": 29.863752, "volume": 12201, "typical_volume": 10362.6, "trend": 31.378932, "fair_value": 27.198163, "relative_strength": -5.744955, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -18.157635, "energy": 22.031843, "activity_lines": [ 30.951204, 31.854485, 31.359216, 31.10547 ] }, { "date": "2023-09-08", "close": 30.699818, "volume": 776, "typical_volume": 9041.2, "trend": 31.24639, "fair_value": 27.262288, "relative_strength": -2.537142, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.110644, "energy": 20.67341, "activity_lines": [ 30.71176, 31.562095, 31.375624, 31.061656 ] }, { "date": "2023-09-15", "close": 32.529774, "volume": 713, "typical_volume": 8699.0, "trend": 31.131535, "fair_value": 27.347719, "relative_strength": 2.354701, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.673289, "energy": 22.517816, "activity_lines": [ 31.221646, 31.645159, 31.554432, 31.144455 ] }, { "date": "2023-09-22", "close": 32.704662, "volume": 2647, "typical_volume": 8597.4, "trend": 31.078941, "fair_value": 27.440295, "relative_strength": 4.923439, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.491665, "energy": 21.120285, "activity_lines": [ 31.764803, 31.753195, 31.730652, 31.245947 ] }, { "date": "2023-09-29", "close": 33.161087, "volume": 11803, "typical_volume": 9043.7, "trend": 30.967777, "fair_value": 27.537452, "relative_strength": 7.346782, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.794981, "energy": 44.270409, "activity_lines": [ 32.36512, 31.944683, 31.926836, 31.380279 ] }, { "date": "2023-10-06", "close": 30.614498, "volume": 6249, "typical_volume": 8439.35, "trend": 30.844665, "fair_value": 27.610606, "relative_strength": 0.212236, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.550242, "energy": 20.52875, "activity_lines": [ 31.972679, 31.680135, 31.857814, 31.357487 ] }, { "date": "2023-10-13", "close": 30.930159, "volume": 2210, "typical_volume": 8408.4, "trend": 30.87767, "fair_value": 27.679408, "relative_strength": 1.574933, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.786434, "energy": 13.54379, "activity_lines": [ 31.63541, 31.54379, 31.80949, 31.363002 ] }, { "date": "2023-10-20", "close": 28.366508, "volume": 4228, "typical_volume": 8534.4, "trend": 30.820422, "fair_value": 27.727219, "relative_strength": -4.206771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.241687, "energy": 35.130497, "activity_lines": [ 30.428234, 30.975141, 31.5047, 31.200992 ] }, { "date": "2023-10-27", "close": 27.68401, "volume": 6790, "typical_volume": 8476.15, "trend": 30.682583, "fair_value": 27.789375, "relative_strength": -5.743222, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.852348, "energy": 52.944766, "activity_lines": [ 29.271109, 30.351273, 31.131152, 30.998643 ] }, { "date": "2023-11-03", "close": 29.641937, "volume": 3018, "typical_volume": 8229.75, "trend": 30.635966, "fair_value": 27.856105, "relative_strength": -2.443904, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.632241, "energy": 51.774974, "activity_lines": [ 29.101338, 30.148771, 30.942793, 30.931504 ] }, { "date": "2023-11-10", "close": 29.014885, "volume": 2610, "typical_volume": 7664.05, "trend": 30.529932, "fair_value": 27.884142, "relative_strength": -4.762005, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.072406, "energy": 56.334665, "activity_lines": [ 28.957159, 29.857001, 30.702881, 30.826918 ] }, { "date": "2023-11-17", "close": 30.341501, "volume": 4172, "typical_volume": 7274.65, "trend": 30.601157, "fair_value": 27.911595, "relative_strength": -4.668192, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.62194, "energy": 35.489855, "activity_lines": [ 29.361826, 29.821868, 30.600039, 30.814762 ] }, { "date": "2023-11-24", "close": 29.910673, "volume": 13994, "typical_volume": 7427.8, "trend": 30.648569, "fair_value": 27.918678, "relative_strength": -6.578971, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.41838, "energy": 16.83341, "activity_lines": [ 29.662127, 29.714917, 30.469064, 30.770214 ] }, { "date": "2023-12-01", "close": 31.002676, "volume": 3865, "typical_volume": 7577.65, "trend": 30.756365, "fair_value": 27.923536, "relative_strength": -5.223451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.255505, "energy": 5.982971, "activity_lines": [ 30.223485, 29.854132, 30.452773, 30.79306 ] }, { "date": "2023-12-08", "close": 32.418865, "volume": 4770, "typical_volume": 7781.75, "trend": 30.890347, "fair_value": 27.941027, "relative_strength": -2.9341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.192061, "energy": 20.553677, "activity_lines": [ 31.035662, 30.281782, 30.579584, 30.900318 ] }, { "date": "2023-12-15", "close": 33.519405, "volume": 8700, "typical_volume": 5548.5, "trend": 31.052725, "fair_value": 27.959305, "relative_strength": 0.429414, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.102835, "energy": 34.267727, "activity_lines": [ 32.029557, 30.923024, 30.816571, 31.069935 ] }, { "date": "2023-12-22", "close": 32.154396, "volume": 6136, "typical_volume": 5776.55, "trend": 31.179699, "fair_value": 27.966798, "relative_strength": -3.416544, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.085675, "energy": 33.699, "activity_lines": [ 32.268148, 31.263267, 30.92827, 31.14101 ] }, { "date": "2023-12-29", "close": 31.621193, "volume": 1412, "typical_volume": 5673.15, "trend": 31.314493, "fair_value": 27.974347, "relative_strength": -5.2606, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.955843, "energy": 32.684887, "activity_lines": [ 32.208145, 31.484305, 30.992214, 31.169494 ] }, { "date": "2024-01-05", "close": 31.032532, "volume": 3496, "typical_volume": 5478.65, "trend": 31.435069, "fair_value": 27.974377, "relative_strength": -5.933222, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.205891, "energy": 23.976642, "activity_lines": [ 31.837886, 31.539137, 31.002634, 31.151303 ] }, { "date": "2024-01-12", "close": 29.437187, "volume": 2426, "typical_volume": 5110.8, "trend": 31.371084, "fair_value": 27.978669, "relative_strength": -11.082126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.291223, "energy": 20.499362, "activity_lines": [ 30.933856, 31.243024, 30.862295, 31.022407 ] }, { "date": "2024-01-19", "close": 29.219639, "volume": 939, "typical_volume": 4547.7, "trend": 31.302834, "fair_value": 27.979613, "relative_strength": -10.691855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.993489, "energy": 34.989085, "activity_lines": [ 30.156088, 30.91108, 30.708691, 30.883604 ] }, { "date": "2024-01-26", "close": 29.309216, "volume": 2494, "typical_volume": 4633.6, "trend": 31.178135, "fair_value": 27.976492, "relative_strength": -12.215908, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.055499, "energy": 43.901649, "activity_lines": [ 29.69483, 30.5917, 30.566686, 30.754984 ] }, { "date": "2024-02-02", "close": 30.379892, "volume": 4225, "typical_volume": 4809.2, "trend": 31.118985, "fair_value": 27.952208, "relative_strength": -8.477899, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.831811, "energy": 47.798064, "activity_lines": [ 29.780143, 30.485757, 30.533272, 30.703484 ] }, { "date": "2024-02-09", "close": 31.864334, "volume": 9514, "typical_volume": 5152.55, "trend": 31.090121, "fair_value": 27.943002, "relative_strength": -3.691625, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.901757, "energy": 19.60298, "activity_lines": [ 30.443023, 30.641182, 30.651471, 30.751571 ] }, { "date": "2024-02-16", "close": 32.606556, "volume": 17897, "typical_volume": 5457.25, "trend": 31.058839, "fair_value": 27.946041, "relative_strength": -2.144393, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.522541, "energy": 16.53436, "activity_lines": [ 31.297858, 30.915889, 30.844359, 30.849406 ] }, { "date": "2024-02-23", "close": 32.090412, "volume": 11166, "typical_volume": 5703.1, "trend": 30.978219, "fair_value": 27.950737, "relative_strength": -4.975931, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.955358, "energy": 27.763755, "activity_lines": [ 31.769352, 31.093339, 30.990731, 30.915959 ] }, { "date": "2024-03-01", "close": 32.943546, "volume": 4506, "typical_volume": 5817.9, "trend": 30.983338, "fair_value": 27.953196, "relative_strength": -3.72302, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.799521, "energy": 53.960234, "activity_lines": [ 32.33384, 31.451887, 31.211326, 31.042754 ] }, { "date": "2024-03-08", "close": 33.766811, "volume": 6750, "typical_volume": 5944.0, "trend": 31.037085, "fair_value": 27.954096, "relative_strength": -1.434581, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.366041, "energy": 72.734455, "activity_lines": [ 32.930461, 31.94577, 31.50074, 31.222333 ] }, { "date": "2024-03-15", "close": 36.582134, "volume": 15379, "typical_volume": 6373.45, "trend": 31.213824, "fair_value": 27.977791, "relative_strength": 6.043283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.580635, "energy": 86.46933, "activity_lines": [ 34.239729, 32.91252, 32.032564, 31.580078 ] }, { "date": "2024-03-22", "close": 38.702156, "volume": 11314, "typical_volume": 6788.25, "trend": 31.470474, "fair_value": 28.028396, "relative_strength": 10.402967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.446273, "energy": 96.158155, "activity_lines": [ 35.94115, 34.163826, 32.723922, 32.063196 ] }, { "date": "2024-03-29", "close": 39.909332, "volume": 5764, "typical_volume": 6945.95, "trend": 31.805326, "fair_value": 28.078167, "relative_strength": 11.945846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.450233, "energy": 96.729597, "activity_lines": [ 37.63859, 35.466164, 33.487106, 32.607639 ] }, { "date": "2024-04-05", "close": 42.289558, "volume": 10029, "typical_volume": 7238.8, "trend": 32.191651, "fair_value": 28.15535, "relative_strength": 20.290209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.198346, "energy": 97.721157, "activity_lines": [ 39.608178, 37.006913, 34.4251, 33.284041 ] }, { "date": "2024-04-12", "close": 42.758781, "volume": 13986, "typical_volume": 7238.4, "trend": 32.532618, "fair_value": 28.233805, "relative_strength": 22.85983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.999678, "energy": 95.636731, "activity_lines": [ 41.111105, 38.396969, 35.350886, 33.965791 ] }, { "date": "2024-04-19", "close": 40.73687, "volume": 16951, "typical_volume": 7892.7, "trend": 32.800358, "fair_value": 28.311426, "relative_strength": 17.716257, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.393323, "energy": 88.076786, "activity_lines": [ 41.340598, 39.194334, 36.022928, 34.495098 ] }, { "date": "2024-04-26", "close": 41.419365, "volume": 4032, "typical_volume": 7855.8, "trend": 33.075634, "fair_value": 28.39543, "relative_strength": 16.332857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.782619, "energy": 76.276431, "activity_lines": [ 41.520606, 39.954471, 36.713616, 35.051163 ] }, { "date": "2024-05-03", "close": 40.958679, "volume": 2393, "typical_volume": 7540.45, "trend": 33.42044, "fair_value": 28.47317, "relative_strength": 15.451218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.425398, "energy": 64.619118, "activity_lines": [ 41.365906, 40.470613, 37.31757, 35.559746 ] }, { "date": "2024-05-10", "close": 41.180496, "volume": 1514, "typical_volume": 7309.35, "trend": 33.762118, "fair_value": 28.555371, "relative_strength": 10.865146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.562844, "energy": 60.565314, "activity_lines": [ 41.215187, 40.865844, 37.907224, 36.060395 ] }, { "date": "2024-05-17", "close": 42.861156, "volume": 4076, "typical_volume": 7442.55, "trend": 34.245273, "fair_value": 28.653474, "relative_strength": 15.216981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.312313, "energy": 65.537594, "activity_lines": [ 41.698627, 41.416887, 38.613959, 36.647429 ] }, { "date": "2024-05-24", "close": 44.569817, "volume": 6612, "typical_volume": 7598.35, "trend": 34.808133, "fair_value": 28.75401, "relative_strength": 19.176954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.686805, "energy": 68.287923, "activity_lines": [ 42.744795, 42.113245, 39.429901, 37.313529 ] }, { "date": "2024-05-31", "close": 47.406403, "volume": 11179, "typical_volume": 8036.0, "trend": 35.400282, "fair_value": 28.87197, "relative_strength": 27.069271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.325552, "energy": 77.501827, "activity_lines": [ 44.480961, 43.180114, 40.45153, 38.126321 ] }, { "date": "2024-06-07", "close": 45.367607, "volume": 1923, "typical_volume": 8085.2, "trend": 35.945373, "fair_value": 28.96278, "relative_strength": 20.382429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.276939, "energy": 75.402933, "activity_lines": [ 45.138394, 43.718034, 41.19342, 38.769374 ] }, { "date": "2024-06-14", "close": 42.690582, "volume": 6983, "typical_volume": 8309.65, "trend": 36.357009, "fair_value": 29.044921, "relative_strength": 16.272515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.238649, "energy": 64.084393, "activity_lines": [ 44.609556, 43.669981, 41.603461, 39.204549 ] }, { "date": "2024-06-21", "close": 43.107204, "volume": 3156, "typical_volume": 8256.2, "trend": 36.796893, "fair_value": 29.129896, "relative_strength": 15.928162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.379629, "energy": 57.329122, "activity_lines": [ 44.118919, 43.690387, 41.989459, 39.640045 ] }, { "date": "2024-06-28", "close": 42.327145, "volume": 5996, "typical_volume": 8080.3, "trend": 37.174376, "fair_value": 29.208921, "relative_strength": 13.089812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.731345, "energy": 37.294388, "activity_lines": [ 43.35186, 43.562628, 42.240559, 39.996836 ] }, { "date": "2024-07-05", "close": 44.392532, "volume": 2389, "typical_volume": 7304.9, "trend": 37.573498, "fair_value": 29.311685, "relative_strength": 16.693386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.077015, "energy": 33.786075, "activity_lines": [ 43.422775, 43.78148, 42.63854, 40.462523 ] }, { "date": "2024-07-12", "close": 44.498905, "volume": 832, "typical_volume": 6788.2, "trend": 37.939481, "fair_value": 29.428832, "relative_strength": 14.905219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.403318, "energy": 36.02984, "activity_lines": [ 43.730072, 43.965615, 42.990529, 40.909324 ] }, { "date": "2024-07-19", "close": 42.761497, "volume": 2241, "typical_volume": 6674.95, "trend": 38.293051, "fair_value": 29.534055, "relative_strength": 13.624635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.335778, "energy": 31.233786, "activity_lines": [ 43.516146, 43.76949, 43.117961, 41.220421 ] }, { "date": "2024-07-26", "close": 38.825737, "volume": 4740, "typical_volume": 6574.45, "trend": 38.533203, "fair_value": 29.608758, "relative_strength": 1.778705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.500823, "energy": 10.042441, "activity_lines": [ 41.985573, 42.829027, 42.823807, 41.254788 ] }, { "date": "2024-08-02", "close": 37.141514, "volume": 4420, "typical_volume": 6026.5, "trend": 38.736835, "fair_value": 29.6607, "relative_strength": 1.488474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.450752, "energy": 25.44843, "activity_lines": [ 40.179023, 41.655712, 42.345161, 41.165002 ] }, { "date": "2024-08-09", "close": 35.962559, "volume": 3394, "typical_volume": 5630.5, "trend": 38.954348, "fair_value": 29.708124, "relative_strength": -2.073251, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.221503, "energy": 44.808681, "activity_lines": [ 38.325197, 40.403103, 41.75157, 40.986016 ] }, { "date": "2024-08-16", "close": 36.662842, "volume": 1002, "typical_volume": 5392.4, "trend": 39.202455, "fair_value": 29.774144, "relative_strength": -3.426301, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.823276, "energy": 59.15292, "activity_lines": [ 37.266797, 39.485887, 41.237718, 40.838177 ] }, { "date": "2024-08-23", "close": 38.29388, "volume": 1008, "typical_volume": 4941.35, "trend": 39.501943, "fair_value": 29.850403, "relative_strength": -0.878044, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.576119, "energy": 61.360231, "activity_lines": [ 37.274481, 39.023492, 40.894663, 40.779559 ] }, { "date": "2024-08-30", "close": 38.098858, "volume": 488, "typical_volume": 4266.45, "trend": 39.759242, "fair_value": 29.931299, "relative_strength": -2.927923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.804112, "energy": 59.056878, "activity_lines": [ 37.514998, 38.605579, 40.552061, 40.689038 ] }, { "date": "2024-09-06", "close": 35.740952, "volume": 1429, "typical_volume": 3490.35, "trend": 39.888463, "fair_value": 30.001639, "relative_strength": -5.927392, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.347278, "energy": 54.231373, "activity_lines": [ 37.018005, 37.850016, 40.007087, 40.429793 ] }, { "date": "2024-09-13", "close": 34.721554, "volume": 8361, "typical_volume": 3706.8, "trend": 39.958963, "fair_value": 30.067668, "relative_strength": -10.395581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.264335, "energy": 57.09598, "activity_lines": [ 36.274584, 37.028857, 39.388817, 40.096444 ] }, { "date": "2024-09-20", "close": 34.074459, "volume": 1399, "typical_volume": 3657.1, "trend": 40.025098, "fair_value": 30.119782, "relative_strength": -11.931853, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.352626, "energy": 79.970778, "activity_lines": [ 35.398198, 36.265881, 38.740813, 39.716799 ] }, { "date": "2024-09-27", "close": 35.324326, "volume": 3212, "typical_volume": 3742.0, "trend": 40.104457, "fair_value": 30.178742, "relative_strength": -11.955139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.457626, "energy": 78.074188, "activity_lines": [ 35.110993, 35.919688, 38.244627, 39.413523 ] }, { "date": "2024-10-04", "close": 32.753674, "volume": 4876, "typical_volume": 3782.0, "trend": 40.070686, "fair_value": 30.217669, "relative_strength": -16.625253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.948241, "energy": 85.147411, "activity_lines": [ 34.164874, 35.241326, 37.531503, 38.939279 ] }, { "date": "2024-10-11", "close": 34.863384, "volume": 4530, "typical_volume": 3677.9, "trend": 40.013394, "fair_value": 30.260407, "relative_strength": -12.218562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.552315, "energy": 63.867828, "activity_lines": [ 34.278338, 35.056948, 37.067434, 38.603324 ] }, { "date": "2024-10-18", "close": 35.909374, "volume": 2002, "typical_volume": 3219.05, "trend": 39.920301, "fair_value": 30.322059, "relative_strength": -10.813675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.310038, "energy": 48.225529, "activity_lines": [ 34.798969, 35.104171, 36.749205, 38.338549 ] }, { "date": "2024-10-25", "close": 38.187508, "volume": 5698, "typical_volume": 3407.8, "trend": 39.862907, "fair_value": 30.398748, "relative_strength": -4.280622, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.957533, "energy": 33.720223, "activity_lines": [ 35.999791, 35.566566, 36.702689, 38.226756 ] }, { "date": "2024-11-01", "close": 36.396912, "volume": 2919, "typical_volume": 3204.6, "trend": 39.666486, "fair_value": 30.45544, "relative_strength": -7.727391, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.223329, "energy": 24.595925, "activity_lines": [ 36.329544, 35.675678, 36.51983, 38.003143 ] }, { "date": "2024-11-08", "close": 36.060066, "volume": 13615, "typical_volume": 3727.55, "trend": 39.443195, "fair_value": 30.499772, "relative_strength": -8.369437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.359921, "energy": 24.97322, "activity_lines": [ 36.475509, 35.758036, 36.334861, 37.770471 ] }, { "date": "2024-11-15", "close": 36.485554, "volume": 3396, "typical_volume": 3597.55, "trend": 39.301485, "fair_value": 30.555377, "relative_strength": -7.259831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.15962, "energy": 22.304946, "activity_lines": [ 36.542877, 35.954824, 36.223973, 37.579655 ] }, { "date": "2024-11-22", "close": 35.705494, "volume": 1162, "typical_volume": 3536.2, "trend": 39.111022, "fair_value": 30.622613, "relative_strength": -9.752283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.282164, "energy": 22.377635, "activity_lines": [ 36.242081, 35.996244, 36.06661, 37.347656 ] }, { "date": "2024-11-29", "close": 35.900509, "volume": 1569, "typical_volume": 3573.05, "trend": 38.942417, "fair_value": 30.697421, "relative_strength": -10.612596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.050794, "energy": 22.644184, "activity_lines": [ 36.019882, 36.055232, 35.969187, 37.140526 ] }, { "date": "2024-12-06", "close": 38.763683, "volume": 7262, "typical_volume": 3824.1, "trend": 38.861856, "fair_value": 30.783772, "relative_strength": -7.04476, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.031241, "energy": 5.997667, "activity_lines": [ 36.90454, 36.601596, 36.185392, 37.128995 ] }, { "date": "2024-12-13", "close": 39.712166, "volume": 3282, "typical_volume": 3751.2, "trend": 38.75689, "fair_value": 30.880789, "relative_strength": -4.820652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.528883, "energy": 17.962898, "activity_lines": [ 37.947575, 37.257878, 36.510965, 37.183853 ] }, { "date": "2024-12-20", "close": 41.440708, "volume": 7553, "typical_volume": 3907.85, "trend": 38.652586, "fair_value": 30.984735, "relative_strength": 1.77286, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.048025, "energy": 51.5829, "activity_lines": [ 39.323318, 38.101922, 36.996941, 37.357003 ] }, { "date": "2024-12-27", "close": 41.555946, "volume": 1314, "typical_volume": 3803.85, "trend": 38.457571, "fair_value": 31.089176, "relative_strength": 1.364821, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.507049, "energy": 64.170525, "activity_lines": [ 40.407129, 38.847331, 37.473419, 37.544317 ] }, { "date": "2025-01-03", "close": 40.846806, "volume": 1388, "typical_volume": 3823.15, "trend": 38.306878, "fair_value": 31.164761, "relative_strength": -0.143596, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.025403, "energy": 67.638305, "activity_lines": [ 40.86453, 39.36114, 37.855725, 37.698461 ] }, { "date": "2025-01-10", "close": 40.572006, "volume": 12842, "typical_volume": 4414.85, "trend": 38.236258, "fair_value": 31.242763, "relative_strength": -2.553342, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.082025, "energy": 66.67715, "activity_lines": [ 40.900578, 39.776635, 38.191936, 37.844598 ] }, { "date": "2025-01-17", "close": 43.231308, "volume": 13683, "typical_volume": 5074.6, "trend": 38.240395, "fair_value": 31.339603, "relative_strength": 0.129893, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.840234, "energy": 71.306675, "activity_lines": [ 41.702505, 40.599729, 38.770566, 38.166859 ] }, { "date": "2025-01-24", "close": 43.541557, "volume": 5447, "typical_volume": 5275.5, "trend": 38.280876, "fair_value": 31.430699, "relative_strength": -1.749438, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.970384, "energy": 79.798465, "activity_lines": [ 42.37324, 41.348845, 39.354303, 38.50887 ] }, { "date": "2025-01-31", "close": 44.002499, "volume": 3865, "typical_volume": 5050.7, "trend": 38.267875, "fair_value": 31.527056, "relative_strength": -2.457047, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.358272, "energy": 84.22011, "activity_lines": [ 43.057564, 42.053478, 39.944793, 38.878007 ] }, { "date": "2025-02-07", "close": 43.559284, "volume": 4086, "typical_volume": 5185.05, "trend": 38.236554, "fair_value": 31.611293, "relative_strength": -3.787205, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.920127, "energy": 80.580167, "activity_lines": [ 43.431047, 42.526671, 40.448878, 39.219388 ] }, { "date": "2025-02-14", "close": 46.519966, "volume": 12956, "typical_volume": 5672.25, "trend": 38.361836, "fair_value": 31.712447, "relative_strength": -0.711476, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.102692, "energy": 87.893265, "activity_lines": [ 44.610592, 43.398921, 41.189766, 39.753802 ] }, { "date": "2025-02-21", "close": 43.222439, "volume": 9987, "typical_volume": 5927.8, "trend": 38.508393, "fair_value": 31.824206, "relative_strength": -6.898118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.922417, "energy": 57.576097, "activity_lines": [ 44.294431, 43.530596, 41.563292, 40.067389 ] }, { "date": "2025-02-28", "close": 44.215244, "volume": 4207, "typical_volume": 5911.65, "trend": 38.744184, "fair_value": 31.982782, "relative_strength": -5.963497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.294733, "energy": 53.202302, "activity_lines": [ 44.309796, 43.778958, 41.981519, 40.435573 ] }, { "date": "2025-03-07", "close": 42.176449, "volume": 12643, "typical_volume": 6443.7, "trend": 38.951314, "fair_value": 32.132086, "relative_strength": -12.032541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.799978, "energy": 40.844371, "activity_lines": [ 43.60065, 43.606184, 42.161042, 40.657009 ] }, { "date": "2025-03-14", "close": 42.779224, "volume": 6700, "typical_volume": 6493.8, "trend": 39.155193, "fair_value": 32.279557, "relative_strength": -10.54212, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.630552, "energy": 27.725593, "activity_lines": [ 43.214166, 43.531724, 42.36813, 40.903971 ] }, { "date": "2025-03-21", "close": 41.768688, "volume": 3082, "typical_volume": 6501.95, "trend": 39.27102, "fair_value": 32.422015, "relative_strength": -12.047423, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.89184, "energy": 21.261238, "activity_lines": [ 42.542841, 43.238395, 42.457111, 41.072584 ] }, { "date": "2025-03-28", "close": 42.043488, "volume": 2826, "typical_volume": 5962.5, "trend": 39.402508, "fair_value": 32.56051, "relative_strength": -9.53319, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.942079, "energy": 20.930155, "activity_lines": [ 42.279867, 42.973272, 42.546683, 41.251453 ] }, { "date": "2025-04-04", "close": 39.206902, "volume": 4004, "typical_volume": 5992.9, "trend": 39.518039, "fair_value": 32.69284, "relative_strength": -7.833111, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.672745, "energy": 13.432513, "activity_lines": [ 41.149962, 42.214002, 42.337612, 41.238833 ] }, { "date": "2025-04-11", "close": 37.850662, "volume": 8310, "typical_volume": 6350.3, "trend": 39.622343, "fair_value": 32.815283, "relative_strength": -9.407111, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.748524, "energy": 23.441004, "activity_lines": [ 39.901865, 41.286956, 41.986416, 41.13126 ] }, { "date": "2025-04-18", "close": 38.932106, "volume": 3106, "typical_volume": 6427.15, "trend": 39.784264, "fair_value": 32.938826, "relative_strength": -10.085101, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.248782, "energy": 30.231874, "activity_lines": [ 39.302637, 40.668387, 41.727999, 41.086729 ] }, { "date": "2025-04-25", "close": 41.485031, "volume": 4183, "typical_volume": 6273.2, "trend": 39.989621, "fair_value": 33.076779, "relative_strength": -8.295316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.587384, "energy": 25.461035, "activity_lines": [ 39.810857, 40.598117, 41.698283, 41.196456 ] }, { "date": "2025-05-02", "close": 42.025757, "volume": 1514, "typical_volume": 6184.8, "trend": 40.298691, "fair_value": 33.220505, "relative_strength": -10.110391, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.351984, "energy": 13.768568, "activity_lines": [ 40.51823, 40.717705, 41.707105, 41.327819 ] }, { "date": "2025-05-09", "close": 44.322926, "volume": 3756, "typical_volume": 5994.95, "trend": 40.614009, "fair_value": 33.377058, "relative_strength": -6.589013, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.160514, "energy": 24.345391, "activity_lines": [ 41.992508, 41.276717, 41.923688, 41.587447 ] }, { "date": "2025-05-16", "close": 45.596199, "volume": 2690, "typical_volume": 6063.75, "trend": 40.936903, "fair_value": 33.538191, "relative_strength": -4.650789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.840272, "energy": 41.316149, "activity_lines": [ 43.550143, 42.065277, 42.24781, 41.908879 ] }, { "date": "2025-05-23", "close": 44.19281, "volume": 1933, "typical_volume": 6091.0, "trend": 41.13708, "fair_value": 33.68482, "relative_strength": -6.587441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.068093, "energy": 49.177187, "activity_lines": [ 44.123611, 42.536497, 42.419037, 42.118938 ] }, { "date": "2025-05-30", "close": 42.194607, "volume": 1510, "typical_volume": 5524.4, "trend": 41.330336, "fair_value": 33.815304, "relative_strength": -11.494563, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.503871, "energy": 46.026201, "activity_lines": [ 43.680299, 42.618706, 42.384026, 42.187165 ] }, { "date": "2025-06-06", "close": 39.945465, "volume": 1647, "typical_volume": 4922.6, "trend": 41.459849, "fair_value": 33.928846, "relative_strength": -16.623924, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.904803, "energy": 16.986102, "activity_lines": [ 42.439967, 42.284236, 42.127084, 42.097819 ] }, { "date": "2025-06-13", "close": 39.982643, "volume": 8331, "typical_volume": 5066.8, "trend": 41.576419, "fair_value": 34.055189, "relative_strength": -13.180568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.357077, "energy": 15.292606, "activity_lines": [ 41.350714, 41.994672, 41.889329, 42.002515 ] }, { "date": "2025-06-20", "close": 35.902592, "volume": 19239, "typical_volume": 5835.5, "trend": 41.582989, "fair_value": 34.151742, "relative_strength": -20.837274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.016323, "energy": 49.870657, "activity_lines": [ 39.190797, 40.949176, 41.279946, 41.636462 ] }, { "date": "2025-06-27", "close": 37.231628, "volume": 7686, "typical_volume": 6015.5, "trend": 41.62736, "fair_value": 34.258279, "relative_strength": -19.62437, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.716007, "energy": 74.163133, "activity_lines": [ 38.120132, 40.180742, 40.835708, 41.355729 ] }, { "date": "2025-07-04", "close": 37.677742, "volume": 8576, "typical_volume": 5796.5, "trend": 41.591162, "fair_value": 34.369575, "relative_strength": -17.143969, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.833775, "energy": 75.043539, "activity_lines": [ 37.66225, 39.524338, 40.464089, 41.100915 ] }, { "date": "2025-07-11", "close": 38.300434, "volume": 6922, "typical_volume": 5643.25, "trend": 41.544104, "fair_value": 34.482964, "relative_strength": -16.733794, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.36962, "energy": 75.576743, "activity_lines": [ 37.713057, 39.050374, 40.19388, 40.88861 ] }, { "date": "2025-07-18", "close": 31.283491, "volume": 97267, "typical_volume": 10296.25, "trend": 41.20553, "fair_value": 34.543395, "relative_strength": -31.342941, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.942989, "energy": 86.717838, "activity_lines": [ 35.534551, 37.368335, 39.278828, 40.226635 ] }, { "date": "2025-07-25", "close": 32.092064, "volume": 37677, "typical_volume": 11547.95, "trend": 40.890067, "fair_value": 34.593573, "relative_strength": -28.787402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.905962, "energy": 88.905051, "activity_lines": [ 34.205513, 36.07039, 38.502364, 39.638669 ] }, { "date": "2025-08-01", "close": 29.907984, "volume": 22949, "typical_volume": 12360.4, "trend": 40.52544, "fair_value": 34.624107, "relative_strength": -30.80057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.360097, "energy": 92.898044, "activity_lines": [ 32.402484, 34.620869, 37.565913, 38.930148 ] }, { "date": "2025-08-08", "close": 30.112452, "volume": 15931, "typical_volume": 13002.85, "trend": 40.176788, "fair_value": 34.651095, "relative_strength": -31.896489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.164455, "energy": 90.796091, "activity_lines": [ 31.155854, 33.468249, 36.710226, 38.258342 ] }, { "date": "2025-08-15", "close": 30.744442, "volume": 14123, "typical_volume": 13567.7, "trend": 39.760559, "fair_value": 34.687832, "relative_strength": -30.488144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.594152, "energy": 86.54485, "activity_lines": [ 30.624239, 32.650211, 35.970235, 37.649803 ] }, { "date": "2025-08-22", "close": 31.227726, "volume": 13097, "typical_volume": 14022.35, "trend": 39.350098, "fair_value": 34.733255, "relative_strength": -28.823413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.251166, "energy": 81.650615, "activity_lines": [ 30.757452, 32.087334, 35.330076, 37.099298 ] }, { "date": "2025-08-29", "close": 31.209141, "volume": 14089, "typical_volume": 14311.3, "trend": 38.923653, "fair_value": 34.773948, "relative_strength": -26.940726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.852414, "energy": 63.383272, "activity_lines": [ 30.888188, 31.680259, 34.726143, 36.574075 ] }, { "date": "2025-09-05", "close": 30.688677, "volume": 8734, "typical_volume": 14592.7, "trend": 38.494633, "fair_value": 34.811222, "relative_strength": -26.715437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.72475, "energy": 60.405663, "activity_lines": [ 30.904298, 31.263889, 34.104268, 36.042786 ] }, { "date": "2025-09-12", "close": 31.934069, "volume": 8550, "typical_volume": 14811.05, "trend": 38.008436, "fair_value": 34.842291, "relative_strength": -23.645602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.022345, "energy": 48.762327, "activity_lines": [ 31.283491, 31.192917, 33.640256, 35.619524 ] }, { "date": "2025-09-19", "close": 32.882053, "volume": 19261, "typical_volume": 15698.4, "trend": 37.663757, "fair_value": 34.903583, "relative_strength": -20.813241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.677225, "energy": 43.653196, "activity_lines": [ 31.857239, 31.398736, 33.31201, 35.28879 ] }, { "date": "2025-09-26", "close": 32.277943, "volume": 7655, "typical_volume": 15893.35, "trend": 37.265846, "fair_value": 34.959808, "relative_strength": -22.208811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.311843, "energy": 37.754602, "activity_lines": [ 32.087109, 31.593233, 32.96977, 34.941318 ] }, { "date": "2025-10-03", "close": 33.263107, "volume": 20626, "typical_volume": 16790.15, "trend": 36.968735, "fair_value": 35.007617, "relative_strength": -21.636335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.45693, "energy": 27.458119, "activity_lines": [ 32.575352, 31.94877, 32.778713, 34.683077 ] }, { "date": "2025-10-10", "close": 31.91548, "volume": 15352, "typical_volume": 17461.1, "trend": 36.60661, "fair_value": 35.04638, "relative_strength": -23.979695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.026998, "energy": 26.238968, "activity_lines": [ 32.477455, 32.037992, 32.518039, 34.35706 ] }, { "date": "2025-10-17", "close": 31.980537, "volume": 7149, "typical_volume": 17743.05, "trend": 36.280339, "fair_value": 35.077746, "relative_strength": -22.093288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.97236, "energy": 32.424974, "activity_lines": [ 32.319458, 32.102542, 32.322025, 34.058604 ] }, { "date": "2025-10-24", "close": 31.869011, "volume": 9730, "typical_volume": 18147.2, "trend": 35.941189, "fair_value": 35.116265, "relative_strength": -23.119035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.069541, "energy": 33.266005, "activity_lines": [ 32.121187, 32.11285, 32.164028, 33.774002 ] }, { "date": "2025-10-31", "close": 31.311371, "volume": 11060, "typical_volume": 18283.65, "trend": 35.678005, "fair_value": 35.15159, "relative_strength": -23.07184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.307664, "energy": 42.30134, "activity_lines": [ 31.804572, 32.001322, 31.991381, 33.475304 ] }, { "date": "2025-11-07", "close": 31.627367, "volume": 18639, "typical_volume": 18253.65, "trend": 35.470562, "fair_value": 35.177817, "relative_strength": -20.534176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.311037, "energy": 38.834689, "activity_lines": [ 31.657727, 31.945728, 31.890121, 33.213973 ] }, { "date": "2025-11-14", "close": 33.690628, "volume": 29236, "typical_volume": 19331.15, "trend": 35.295846, "fair_value": 35.215099, "relative_strength": -15.969866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.190068, "energy": 18.285446, "activity_lines": [ 32.307685, 32.257667, 32.00572, 33.099138 ] }, { "date": "2025-11-21", "close": 31.869011, "volume": 17668, "typical_volume": 19785.75, "trend": 34.975312, "fair_value": 35.236146, "relative_strength": -17.369608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.730263, "energy": 18.579081, "activity_lines": [ 32.232095, 32.183822, 31.964694, 32.878052 ] }, { "date": "2025-11-28", "close": 32.036304, "volume": 9951, "typical_volume": 19937.2, "trend": 34.64233, "fair_value": 35.253355, "relative_strength": -19.0796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.110863, "energy": 13.325102, "activity_lines": [ 32.219704, 32.141577, 31.967261, 32.688439 ] }, { "date": "2025-12-05", "close": 34.573555, "volume": 26760, "typical_volume": 16411.85, "trend": 34.317351, "fair_value": 35.287045, "relative_strength": -12.899549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.117053, "energy": 12.955036, "activity_lines": [ 33.04191, 32.576028, 32.2413, 32.684002 ] }, { "date": "2025-12-12", "close": 34.536377, "volume": 24963, "typical_volume": 15776.15, "trend": 33.94869, "fair_value": 35.32823, "relative_strength": -13.038268, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.64855, "energy": 15.198654, "activity_lines": [ 33.634244, 32.961981, 32.496132, 32.698132 ] }, { "date": "2025-12-19", "close": 33.672039, "volume": 12661, "typical_volume": 15261.75, "trend": 33.597998, "fair_value": 35.373722, "relative_strength": -14.874812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.81924, "energy": 23.374022, "activity_lines": [ 33.744532, 33.167631, 32.657006, 32.680284 ] }, { "date": "2025-12-26", "close": 33.067932, "volume": 6915, "typical_volume": 14810.95, "trend": 33.293776, "fair_value": 35.415721, "relative_strength": -15.863302, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.707545, "energy": 29.297547, "activity_lines": [ 33.654691, 33.231506, 32.742422, 32.646086 ] }, { "date": "2026-01-02", "close": 33.792862, "volume": 4099, "typical_volume": 14309.75, "trend": 33.088689, "fair_value": 35.435644, "relative_strength": -14.026029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.775493, "energy": 27.121687, "activity_lines": [ 33.726564, 33.407415, 32.882805, 32.678285 ] }, { "date": "2026-01-09", "close": 31.497252, "volume": 30820, "typical_volume": 15195.9, "trend": 32.805842, "fair_value": 35.436049, "relative_strength": -21.440621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.298637, "energy": 6.436923, "activity_lines": [ 32.916131, 33.130962, 32.790042, 32.575612 ] }, { "date": "2026-01-16", "close": 29.59199, "volume": 35355, "typical_volume": 16259.2, "trend": 32.595489, "fair_value": 35.427768, "relative_strength": -25.485092, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.785936, "energy": 34.228141, "activity_lines": [ 31.675696, 32.504718, 32.514543, 32.368266 ] }, { "date": "2026-01-23", "close": 29.982334, "volume": 69103, "typical_volume": 19277.65, "trend": 32.353846, "fair_value": 35.412602, "relative_strength": -22.511377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.655906, "energy": 45.523595, "activity_lines": [ 30.895003, 31.986452, 32.28392, 32.199676 ] }, { "date": "2026-01-30", "close": 29.619871, "volume": 30870, "typical_volume": 20393.65, "trend": 32.08525, "fair_value": 35.391151, "relative_strength": -21.524992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.643014, "energy": 62.643347, "activity_lines": [ 30.239468, 31.469708, 32.02214, 32.02329 ] }, { "date": "2026-02-06", "close": 28.699768, "volume": 45600, "typical_volume": 21710.6, "trend": 31.765228, "fair_value": 35.352841, "relative_strength": -23.724981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -44.151091, "energy": 64.825127, "activity_lines": [ 29.507104, 30.826565, 31.683751, 31.804872 ] }, { "date": "2026-02-13", "close": 30.447033, "volume": 25705, "typical_volume": 22613.1, "trend": 31.737346, "fair_value": 35.317403, "relative_strength": -18.843756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.437933, "energy": 64.951158, "activity_lines": [ 29.696701, 30.561772, 31.531684, 31.719827 ] }, { "date": "2026-02-20", "close": 30.056686, "volume": 51852, "typical_volume": 24174.4, "trend": 31.6695, "fair_value": 35.290314, "relative_strength": -20.217346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.52045, "energy": 52.54081, "activity_lines": [ 29.826196, 30.301034, 31.351159, 31.611398 ] }, { "date": "2026-02-27", "close": 29.870808, "volume": 24092, "typical_volume": 24611.4, "trend": 31.668261, "fair_value": 35.247845, "relative_strength": -19.980619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.363106, "energy": 37.927764, "activity_lines": [ 29.862753, 30.087948, 31.168201, 31.495353 ] }, { "date": "2026-03-06", "close": 26.497099, "volume": 76498, "typical_volume": 28078.85, "trend": 31.547749, "fair_value": 35.197776, "relative_strength": -23.213619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.261762, "energy": 55.40965, "activity_lines": [ 28.782175, 29.330575, 30.673674, 31.16173 ] }, { "date": "2026-03-13", "close": 26.534273, "volume": 48803, "typical_volume": 30032.5, "trend": 31.40741, "fair_value": 35.175944, "relative_strength": -21.88545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.522074, "energy": 75.400845, "activity_lines": [ 27.922173, 28.69943, 30.208798, 30.83828 ] }, { "date": "2026-03-20", "close": 25.623465, "volume": 40504, "typical_volume": 31504.7, "trend": 31.220601, "fair_value": 35.147352, "relative_strength": -20.250538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.906053, "energy": 85.761207, "activity_lines": [ 26.902934, 28.034658, 29.682583, 30.465122 ] }, { "date": "2026-03-27", "close": 26.301924, "volume": 42257, "typical_volume": 32685.6, "trend": 31.057028, "fair_value": 35.111985, "relative_strength": -17.078257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.044207, "energy": 82.812798, "activity_lines": [ 26.43142, 27.600038, 29.248068, 30.147788 ] }, { "date": "2026-04-03", "close": 27.900488, "volume": 22260, "typical_volume": 32336.8, "trend": 30.964088, "fair_value": 35.091857, "relative_strength": -14.528126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.37027, "energy": 69.833153, "activity_lines": [ 26.743078, 27.515886, 28.991156, 29.94414 ] }, { "date": "2026-04-10", "close": 28.848473, "volume": 33529, "typical_volume": 33129.85, "trend": 30.861235, "fair_value": 35.070399, "relative_strength": -13.219786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.649763, "energy": 45.453238, "activity_lines": [ 27.502086, 27.641946, 28.852101, 29.807649 ] }, { "date": "2026-04-17", "close": 30.196098, "volume": 23087, "typical_volume": 33786.65, "trend": 30.771703, "fair_value": 35.083164, "relative_strength": -11.723321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.410582, "energy": 19.869891, "activity_lines": [ 28.553544, 28.027054, 28.855774, 29.764737 ] }, { "date": "2026-04-24", "close": 27.658844, "volume": 34171, "typical_volume": 34157.2, "trend": 30.617733, "fair_value": 35.077847, "relative_strength": -16.385061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.157065, "energy": 25.561677, "activity_lines": [ 28.515129, 27.923638, 28.626567, 29.563907 ] }, { "date": "2026-05-01", "close": 27.677433, "volume": 25390, "typical_volume": 34178.55, "trend": 30.431544, "fair_value": 35.077261, "relative_strength": -16.09009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.202508, "energy": 22.860835, "activity_lines": [ 28.347218, 27.874296, 28.432058, 29.37421 ] }, { "date": "2026-05-08", "close": 28.629999, "volume": 65507, "typical_volume": 36820.85, "trend": 30.322028, "fair_value": 35.078739, "relative_strength": -12.487352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.895787, "energy": 17.824782, "activity_lines": [ 28.405129, 28.041406, 28.360931, 29.257982 ] }, { "date": "2026-05-15", "close": 28.389999, "volume": 25804, "typical_volume": 37765.3, "trend": 30.202343, "fair_value": 35.077085, "relative_strength": -10.880229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.634216, "energy": 21.097908, "activity_lines": [ 28.334405, 28.187441, 28.290956, 29.133335 ] }, { "date": "2026-05-22", "close": 27.77, "volume": 33835, "typical_volume": 39252.1, "trend": 30.065709, "fair_value": 35.073398, "relative_strength": -15.186676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.97259, "energy": 22.750763, "activity_lines": [ 28.08758, 28.186332, 28.18421, 28.976409 ] }, { "date": "2026-05-29", "close": 29.540001, "volume": 28298, "typical_volume": 39126.0, "trend": 30.006664, "fair_value": 35.085979, "relative_strength": -9.790628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.785453, "energy": 8.733278, "activity_lines": [ 28.592496, 28.484573, 28.274716, 28.942493 ] }, { "date": "2026-06-05", "close": 26.77, "volume": 7828, "typical_volume": 37749.65, "trend": 29.844752, "fair_value": 35.081843, "relative_strength": -16.415438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.630274, "energy": 23.80596, "activity_lines": [ 28.048667, 28.207968, 28.110732, 28.733676 ] }, { "date": "2026-06-12", "close": 27.799999, "volume": 6843, "typical_volume": 34636.65, "trend": 29.648397, "fair_value": 35.059043, "relative_strength": -12.015562, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.191553, "energy": 20.551002, "activity_lines": [ 27.908666, 28.110126, 28.058281, 28.601756 ] }, { "date": "2026-06-19", "close": 28.049999, "volume": 8128, "typical_volume": 33499.55, "trend": 29.521097, "fair_value": 35.03842, "relative_strength": -11.921798, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.070172, "energy": 18.270374, "activity_lines": [ 27.907333, 28.059565, 28.040032, 28.498634 ] }, { "date": "2026-06-26", "close": 26.02, "volume": 9640, "typical_volume": 31701.55, "trend": 29.320553, "fair_value": 34.993355, "relative_strength": -16.632215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.710464, "energy": 46.353488, "activity_lines": [ 27.252, 27.654431, 27.835926, 28.272756 ] }, { "date": "2026-07-03", "close": 26.360001, "volume": 3431, "typical_volume": 30587.85, "trend": 29.046768, "fair_value": 34.956212, "relative_strength": -18.477415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.639556, "energy": 50.587252, "activity_lines": [ 26.826667, 27.387044, 27.676961, 28.081753 ] }, { "date": "2026-07-10", "close": 25.889999, "volume": 58322, "typical_volume": 30911.35, "trend": 28.758556, "fair_value": 34.912364, "relative_strength": -16.96057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.82774, "energy": 58.085373, "activity_lines": [ 26.456666, 27.057818, 27.492696, 27.87809 ] }, { "date": "2026-07-17", "close": 26.129999, "volume": 31640, "typical_volume": 31288.75, "trend": 28.507154, "fair_value": 34.864832, "relative_strength": -15.08452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.392644, "energy": 60.652262, "activity_lines": [ 26.225333, 26.804727, 27.35113, 27.708506 ] }, { "date": "2026-07-24", "close": 26.1, "volume": 49343, "typical_volume": 29931.0, "trend": 28.27489, "fair_value": 34.810928, "relative_strength": -15.714608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.589051, "energy": 55.252027, "activity_lines": [ 26.095333, 26.591636, 27.22452, 27.553206 ] }, { "date": "2026-07-31", "close": 27.31, "volume": 77396, "typical_volume": 31360.65, "trend": 28.058794, "fair_value": 34.7758, "relative_strength": -13.346579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.210189, "energy": 32.893432, "activity_lines": [ 26.498666, 26.640182, 27.215039, 27.490955 ] }, { "date": "2026-08-07", "close": 28.719999, "volume": 74705, "typical_volume": 33070.7, "trend": 27.966219, "fair_value": 34.753784, "relative_strength": -11.046814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.832759, "energy": 10.02999, "activity_lines": [ 27.285999, 26.953454, 27.33615, 27.533613 ] } ], "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." } } }