{ "ticker": { "uuid": "62644230-d323-4b70-9257-466ca51b91ed", "symbol": "VIH", "name": "Srivichaivejvivat Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 68.75, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 44.426, "architecture_energy": 34.689, "architecture_maturity": 12.25, "architecture_confidence": 66.577, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 38.81, "rotation_up": 66.53, "upward_expansion": 51.66, "deceleration": 31.26, "rotation_down": 17.17, "downward_expansion": 10.0 }, "activity_lines": [ 8.676667, 8.547273, 8.496429, 8.541299 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 8.95, "trend_reference": 8.498492, "distance_from_trend": 0.053128, "trend_direction": "Improving", "fair_value": 7.698426, "distance_from_fair_value": 0.162575, "fair_value_direction": "Improving", "relative_strength": -4.600214, "relative_strength_direction": "Weakening", "price_momentum": 0.125974, "excess_performance": -0.066352, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.053128, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023365, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.162575, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.017631, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.046002, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014609, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.125974, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.349466, "read": "Demand-led" } ], "volume": { "latest": 1369600, "relative_activity": 1.901654, "balance": 1.349466, "dry_up": 1.316482, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.036957, "annualized_volatility": 0.208895, "from_high_reference": -0.042781, "from_low_reference": 0.280217 }, "levels": { "trend_reference": 8.498492, "fair_value_reference": 7.698426, "structural_low": 7.85, "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": 11, "median_return": 0.0, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": 0.01654, "regime_survival": 0.454545, "best_return": 0.104762, "worst_return": -0.104396, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.058824, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.051178, "regime_survival": 0.142857, "best_return": 0.0, "worst_return": -0.247253, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.070922, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.00277, "regime_survival": 0.333333, "best_return": 0.373904, "worst_return": -0.186813, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.130048, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": 0.013648, "regime_survival": 0.0, "best_return": -0.078767, "worst_return": -0.144424, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-10", "tenure": "Developing", "return": 0.053691, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-08-30", "tenure": "Established", "return": 0.20625, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-11-08", "tenure": "Developing", "return": 0.089947, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": -0.059406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": -0.010989, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": 0.006173, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-05-16", "tenure": "Established", "return": -0.100566, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-08-01", "tenure": "Developing", "return": -0.02, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.027211, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.006173, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-04-24", "tenure": "Established", "return": 0.155145, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.035088, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": 0.055556, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.052941, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.892403, "volume": 1770100, "typical_volume": 939275.0, "trend": 7.360939, "fair_value": 7.81359, "relative_strength": -4.349498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.030568, "energy": 66.394526, "activity_lines": [ 7.027548, 7.079148, 7.205596, 7.288817 ] }, { "date": "2023-08-25", "close": 7.297838, "volume": 1920100, "typical_volume": 1003525.0, "trend": 7.354705, "fair_value": 7.828005, "relative_strength": -1.221721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.989261, "energy": 30.947052, "activity_lines": [ 7.108635, 7.108635, 7.204094, 7.284746 ] }, { "date": "2023-09-01", "close": 7.342886, "volume": 664500, "typical_volume": 996485.0, "trend": 7.352824, "fair_value": 7.839626, "relative_strength": -0.507308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.529347, "energy": 17.535904, "activity_lines": [ 7.189722, 7.147131, 7.207741, 7.283984 ] }, { "date": "2023-09-08", "close": 7.162693, "volume": 464100, "typical_volume": 945750.0, "trend": 7.347788, "fair_value": 7.852661, "relative_strength": -1.885222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.018996, "energy": 17.401742, "activity_lines": [ 7.195728, 7.152045, 7.195299, 7.271717 ] }, { "date": "2023-09-15", "close": 7.207741, "volume": 599900, "typical_volume": 914050.0, "trend": 7.34853, "fair_value": 7.864957, "relative_strength": -0.792446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.131016, "energy": 22.303342, "activity_lines": [ 7.213748, 7.165969, 7.188435, 7.262682 ] }, { "date": "2023-09-22", "close": 7.162693, "volume": 2001200, "typical_volume": 996005.0, "trend": 7.344919, "fair_value": 7.879019, "relative_strength": -0.041127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.44426, "energy": 17.279066, "activity_lines": [ 7.207741, 7.170883, 7.17964, 7.250693 ] }, { "date": "2023-09-29", "close": 6.982499, "volume": 490600, "typical_volume": 982290.0, "trend": 7.333877, "fair_value": 7.891926, "relative_strength": 0.90592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.949597, "energy": 31.431657, "activity_lines": [ 7.123651, 7.141397, 7.155828, 7.227311 ] }, { "date": "2023-10-06", "close": 6.577064, "volume": 2268200, "typical_volume": 990555.0, "trend": 7.302343, "fair_value": 7.902235, "relative_strength": -2.653988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.301543, "energy": 65.034906, "activity_lines": [ 6.925438, 7.039834, 7.096836, 7.178484 ] }, { "date": "2023-10-13", "close": 6.712209, "volume": 660600, "typical_volume": 998075.0, "trend": 7.269307, "fair_value": 7.913409, "relative_strength": -1.405733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.576102, "energy": 73.789539, "activity_lines": [ 6.823328, 6.972671, 7.054362, 7.140411 ] }, { "date": "2023-10-20", "close": 6.441919, "volume": 1732900, "typical_volume": 1028345.0, "trend": 7.227262, "fair_value": 7.923622, "relative_strength": -1.805961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.943194, "energy": 84.973644, "activity_lines": [ 6.661154, 6.863735, 6.988935, 7.087031 ] }, { "date": "2023-10-27", "close": 6.577064, "volume": 790100, "typical_volume": 987875.0, "trend": 7.191223, "fair_value": 7.934957, "relative_strength": 1.080235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.748687, "energy": 80.61134, "activity_lines": [ 6.595083, 6.790839, 6.940454, 7.045083 ] }, { "date": "2023-11-03", "close": 6.757257, "volume": 747100, "typical_volume": 977850.0, "trend": 7.167198, "fair_value": 7.947705, "relative_strength": 1.554503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.651052, "energy": 66.744222, "activity_lines": [ 6.628119, 6.756438, 6.913425, 7.017085 ] }, { "date": "2023-11-10", "close": 6.757257, "volume": 648400, "typical_volume": 977535.0, "trend": 7.140169, "fair_value": 7.960196, "relative_strength": 3.714727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.836479, "energy": 46.220138, "activity_lines": [ 6.67617, 6.731866, 6.889185, 6.990637 ] }, { "date": "2023-11-17", "close": 6.667161, "volume": 993100, "typical_volume": 980625.0, "trend": 7.114641, "fair_value": 7.969284, "relative_strength": 0.403899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.57188, "energy": 38.103872, "activity_lines": [ 6.682177, 6.701561, 6.858938, 6.96012 ] }, { "date": "2023-11-24", "close": 6.622112, "volume": 1391200, "typical_volume": 994025.0, "trend": 7.078602, "fair_value": 7.976285, "relative_strength": 1.083332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.198072, "energy": 32.571246, "activity_lines": [ 6.67617, 6.672075, 6.826975, 6.928344 ] }, { "date": "2023-12-01", "close": 6.667161, "volume": 389400, "typical_volume": 957890.0, "trend": 7.047069, "fair_value": 7.980492, "relative_strength": 3.01791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.99293, "energy": 29.954042, "activity_lines": [ 6.673167, 6.661427, 6.801877, 6.9018 ] }, { "date": "2023-12-08", "close": 6.532015, "volume": 661300, "typical_volume": 958295.0, "trend": 7.008027, "fair_value": 7.983319, "relative_strength": 0.874554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.000288, "energy": 38.296534, "activity_lines": [ 6.619109, 6.635217, 6.765838, 6.86857 ] }, { "date": "2023-12-15", "close": 6.622112, "volume": 1768600, "typical_volume": 1029655.0, "trend": 6.984001, "fair_value": 7.987751, "relative_strength": 1.470597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.903396, "energy": 34.12416, "activity_lines": [ 6.610099, 6.633579, 6.740954, 6.843673 ] }, { "date": "2023-12-22", "close": 6.667161, "volume": 723800, "typical_volume": 1054470.0, "trend": 6.962978, "fair_value": 7.991444, "relative_strength": 1.067939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.067099, "energy": 30.929154, "activity_lines": [ 6.625115, 6.639313, 6.72272, 6.823231 ] }, { "date": "2023-12-29", "close": 6.712209, "volume": 421000, "typical_volume": 1055310.0, "trend": 6.943457, "fair_value": 7.996967, "relative_strength": 0.914438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.291406, "energy": 23.400144, "activity_lines": [ 6.655148, 6.654056, 6.710922, 6.807053 ] }, { "date": "2024-01-05", "close": 6.802306, "volume": 272500, "typical_volume": 980430.0, "trend": 6.920933, "fair_value": 8.001013, "relative_strength": 1.322959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.486258, "energy": 14.916905, "activity_lines": [ 6.709206, 6.680266, 6.70942, 6.797946 ] }, { "date": "2024-01-12", "close": 6.982499, "volume": 2211000, "typical_volume": 994975.0, "trend": 6.90892, "fair_value": 8.008269, "relative_strength": 4.935246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.747008, "energy": 10.592043, "activity_lines": [ 6.814319, 6.735143, 6.725509, 6.801918 ] }, { "date": "2024-01-19", "close": 7.207741, "volume": 894300, "typical_volume": 1006465.0, "trend": 6.905917, "fair_value": 8.016969, "relative_strength": 10.423443, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.504513, "energy": 38.138716, "activity_lines": [ 6.96448, 6.826878, 6.764551, 6.821197 ] }, { "date": "2024-01-26", "close": 7.297838, "volume": 990600, "typical_volume": 1032790.0, "trend": 6.90892, "fair_value": 8.026503, "relative_strength": 12.572686, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.58778, "energy": 60.217351, "activity_lines": [ 7.105631, 6.926803, 6.812817, 6.846482 ] }, { "date": "2024-02-02", "close": 7.117644, "volume": 742000, "typical_volume": 1039895.0, "trend": 6.907419, "fair_value": 8.032828, "relative_strength": 8.195743, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.635578, "energy": 56.655123, "activity_lines": [ 7.144673, 6.982499, 6.843278, 6.859948 ] }, { "date": "2024-02-09", "close": 7.162693, "volume": 474600, "typical_volume": 963565.0, "trend": 6.910422, "fair_value": 8.038927, "relative_strength": 8.209047, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.772932, "energy": 59.769995, "activity_lines": [ 7.171702, 7.037376, 6.878459, 6.876418 ] }, { "date": "2024-02-16", "close": 7.207741, "volume": 826100, "typical_volume": 980340.0, "trend": 6.914927, "fair_value": 8.044287, "relative_strength": 8.68239, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.269318, "energy": 55.088322, "activity_lines": [ 7.189722, 7.091434, 6.91793, 6.895599 ] }, { "date": "2024-02-23", "close": 7.432983, "volume": 2479600, "typical_volume": 990910.0, "trend": 6.925438, "fair_value": 8.051092, "relative_strength": 10.741425, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.239593, "energy": 60.968292, "activity_lines": [ 7.267806, 7.17416, 6.97778, 6.929022 ] }, { "date": "2024-03-01", "close": 7.25279, "volume": 1836800, "typical_volume": 1049720.0, "trend": 6.929943, "fair_value": 8.053781, "relative_strength": 10.152335, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.288882, "energy": 50.594861, "activity_lines": [ 7.270809, 7.209379, 7.016393, 6.950142 ] }, { "date": "2024-03-08", "close": 7.387935, "volume": 966500, "typical_volume": 1011400.0, "trend": 6.940454, "fair_value": 8.057858, "relative_strength": 10.391248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.689277, "energy": 57.572781, "activity_lines": [ 7.321864, 7.258523, 7.065303, 6.97969 ] }, { "date": "2024-03-15", "close": 7.072596, "volume": 1940300, "typical_volume": 1068910.0, "trend": 6.946461, "fair_value": 8.059914, "relative_strength": 5.63419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.317193, "energy": 39.995496, "activity_lines": [ 7.249786, 7.238047, 7.079675, 6.988215 ] }, { "date": "2024-03-22", "close": 6.937451, "volume": 1612500, "typical_volume": 1112180.0, "trend": 6.934448, "fair_value": 8.060582, "relative_strength": 3.914657, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.549564, "energy": 19.566879, "activity_lines": [ 7.138667, 7.188084, 7.078817, 6.987634 ] }, { "date": "2024-03-29", "close": 6.662291, "volume": 1562100, "typical_volume": 1157865.0, "trend": 6.911761, "fair_value": 8.058965, "relative_strength": -0.012563, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 2.567281, "energy": 14.828605, "activity_lines": [ 6.953847, 7.088911, 7.050895, 6.970075 ] }, { "date": "2024-04-05", "close": 6.754823, "volume": 761400, "typical_volume": 1146280.0, "trend": 6.898166, "fair_value": 8.05768, "relative_strength": 1.481951, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -22.482358, "energy": 30.159943, "activity_lines": [ 6.851251, 7.01648, 7.032238, 6.95995 ] }, { "date": "2024-04-12", "close": 6.89362, "volume": 211900, "typical_volume": 1087315.0, "trend": 6.887695, "fair_value": 8.057806, "relative_strength": 1.949552, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.262259, "energy": 28.863698, "activity_lines": [ 6.828118, 6.979157, 7.026382, 6.959657 ] }, { "date": "2024-04-19", "close": 6.89362, "volume": 0, "typical_volume": 1067845.0, "trend": 6.878726, "fair_value": 8.058454, "relative_strength": 6.698943, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.958462, "energy": 28.294485, "activity_lines": [ 6.837939, 6.945907, 7.019234, 6.960039 ] }, { "date": "2024-04-26", "close": 7.402545, "volume": 1977600, "typical_volume": 1133660.0, "trend": 6.892727, "fair_value": 8.061582, "relative_strength": 12.048638, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.922177, "energy": 19.25998, "activity_lines": [ 7.029333, 7.010082, 7.059476, 6.993834 ] }, { "date": "2024-05-03", "close": 7.356279, "volume": 1224500, "typical_volume": 1106455.0, "trend": 6.918701, "fair_value": 8.062067, "relative_strength": 10.360366, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.764534, "energy": 35.491913, "activity_lines": [ 7.1743, 7.062303, 7.091166, 7.023741 ] }, { "date": "2024-05-10", "close": 7.263747, "volume": 1302800, "typical_volume": 1135405.0, "trend": 6.937086, "fair_value": 8.063783, "relative_strength": 8.659904, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.233365, "energy": 39.16801, "activity_lines": [ 7.242156, 7.099094, 7.110548, 7.046002 ] }, { "date": "2024-05-17", "close": 7.402545, "volume": 2778300, "typical_volume": 1253270.0, "trend": 6.969107, "fair_value": 8.065347, "relative_strength": 9.653611, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.243112, "energy": 54.226967, "activity_lines": [ 7.322351, 7.160922, 7.140308, 7.076031 ] }, { "date": "2024-05-24", "close": 7.356279, "volume": 921500, "typical_volume": 1285720.0, "trend": 6.99508, "fair_value": 8.066353, "relative_strength": 10.150992, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.956748, "energy": 64.693997, "activity_lines": [ 7.353195, 7.214072, 7.162374, 7.10101 ] }, { "date": "2024-05-31", "close": 7.402545, "volume": 5765700, "typical_volume": 1463455.0, "trend": 7.01659, "fair_value": 8.067395, "relative_strength": 12.07036, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.394301, "energy": 57.729712, "activity_lines": [ 7.368617, 7.270477, 7.186208, 7.127298 ] }, { "date": "2024-06-07", "close": 7.402545, "volume": 4243766, "typical_volume": 1630928.3, "trend": 7.0381, "fair_value": 8.066612, "relative_strength": 12.827186, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.005903, "energy": 54.042156, "activity_lines": [ 7.384039, 7.318425, 7.208043, 7.152199 ] }, { "date": "2024-06-14", "close": 7.263747, "volume": 3406800, "typical_volume": 1751738.3, "trend": 7.057986, "fair_value": 8.06155, "relative_strength": 12.556026, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.470126, "energy": 38.152884, "activity_lines": [ 7.35011, 7.327678, 7.21573, 7.166756 ] }, { "date": "2024-06-21", "close": 7.310013, "volume": 1473100, "typical_volume": 1788293.3, "trend": 7.080916, "fair_value": 8.05157, "relative_strength": 12.956941, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.72664, "energy": 29.353003, "activity_lines": [ 7.331604, 7.33609, 7.227987, 7.183016 ] }, { "date": "2024-06-28", "close": 9.253181, "volume": 6476500, "typical_volume": 2088388.3, "trend": 7.167116, "fair_value": 8.050917, "relative_strength": 42.302287, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.146904, "energy": 88.654697, "activity_lines": [ 7.966989, 7.690235, 7.424391, 7.323162 ] }, { "date": "2024-07-05", "close": 9.345714, "volume": 5923500, "typical_volume": 2343258.3, "trend": 7.260906, "fair_value": 8.035735, "relative_strength": 41.257322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.304459, "energy": 97.590052, "activity_lines": [ 8.506758, 8.018302, 7.619653, 7.463717 ] }, { "date": "2024-07-12", "close": 9.808372, "volume": 10188100, "typical_volume": 2728683.3, "trend": 7.367115, "fair_value": 8.028211, "relative_strength": 44.528407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.345872, "energy": 97.428448, "activity_lines": [ 9.071202, 8.395159, 7.848797, 7.62807 ] }, { "date": "2024-07-19", "close": 9.623308, "volume": 2315000, "typical_volume": 2752593.3, "trend": 7.465653, "fair_value": 8.024195, "relative_strength": 41.968707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.911173, "energy": 91.772653, "activity_lines": [ 9.41357, 8.693784, 8.049004, 7.773631 ] }, { "date": "2024-07-26", "close": 9.71584, "volume": 2516900, "typical_volume": 2830113.3, "trend": 7.565774, "fair_value": 8.017121, "relative_strength": 42.916361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.545211, "energy": 90.062526, "activity_lines": [ 9.629477, 8.966333, 8.246735, 7.918804 ] }, { "date": "2024-08-02", "close": 9.530777, "volume": 800200, "typical_volume": 2773108.3, "trend": 7.656723, "fair_value": 8.008862, "relative_strength": 38.234478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.210102, "energy": 74.883122, "activity_lines": [ 9.623308, 9.163173, 8.415757, 8.045578 ] }, { "date": "2024-08-09", "close": 9.345714, "volume": 5017800, "typical_volume": 2943373.3, "trend": 7.735497, "fair_value": 8.003066, "relative_strength": 35.929969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.701342, "energy": 65.058237, "activity_lines": [ 9.536946, 9.286829, 8.555447, 8.154545 ] }, { "date": "2024-08-16", "close": 9.623308, "volume": 1533500, "typical_volume": 2941943.3, "trend": 7.816016, "fair_value": 8.005307, "relative_strength": 37.905371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.818352, "energy": 62.800501, "activity_lines": [ 9.543114, 9.425627, 8.710108, 8.27634 ] }, { "date": "2024-08-23", "close": 9.438245, "volume": 4694200, "typical_volume": 3138583.3, "trend": 7.887363, "fair_value": 8.006362, "relative_strength": 29.015021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.604861, "energy": 52.262141, "activity_lines": [ 9.499933, 9.490399, 8.833043, 8.381 ] }, { "date": "2024-08-30", "close": 8.929319, "volume": 4872800, "typical_volume": 3371628.3, "trend": 7.947752, "fair_value": 8.003633, "relative_strength": 20.877027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.04895, "energy": 37.698003, "activity_lines": [ 9.299447, 9.423103, 8.894731, 8.448223 ] }, { "date": "2024-09-06", "close": 8.744256, "volume": 2053600, "typical_volume": 3474308.3, "trend": 8.000471, "fair_value": 7.999196, "relative_strength": 12.093297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.693968, "energy": 26.921884, "activity_lines": [ 9.089708, 9.292717, 8.929099, 8.49961 ] }, { "date": "2024-09-13", "close": 8.69799, "volume": 2026800, "typical_volume": 3476768.3, "trend": 8.050146, "fair_value": 7.991334, "relative_strength": 11.19411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.206407, "energy": 23.252429, "activity_lines": [ 8.916982, 9.163173, 8.95025, 8.544611 ] }, { "date": "2024-09-20", "close": 8.790523, "volume": 1445800, "typical_volume": 3487833.3, "trend": 8.095397, "fair_value": 7.984065, "relative_strength": 9.744497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.477003, "energy": 23.284289, "activity_lines": [ 8.818282, 9.062229, 8.974044, 8.592377 ] }, { "date": "2024-09-27", "close": 8.744256, "volume": 1151600, "typical_volume": 3480273.3, "trend": 8.145113, "fair_value": 7.979107, "relative_strength": 8.795737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.471762, "energy": 19.450395, "activity_lines": [ 8.759678, 8.97138, 8.986601, 8.634239 ] }, { "date": "2024-10-04", "close": 8.420396, "volume": 1653000, "typical_volume": 3424008.3, "trend": 8.179528, "fair_value": 7.973637, "relative_strength": 4.737113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.689562, "energy": 14.177703, "activity_lines": [ 8.639387, 8.837629, 8.961265, 8.651999 ] }, { "date": "2024-10-11", "close": 8.420396, "volume": 1988800, "typical_volume": 3477373.3, "trend": 8.224455, "fair_value": 7.966603, "relative_strength": 2.505525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.046171, "energy": 15.434527, "activity_lines": [ 8.553025, 8.727433, 8.931083, 8.667539 ] }, { "date": "2024-10-18", "close": 8.46666, "volume": 1287600, "typical_volume": 3253468.3, "trend": 8.275428, "fair_value": 7.959866, "relative_strength": 1.327999, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.366716, "energy": 22.796611, "activity_lines": [ 8.503674, 8.645836, 8.900239, 8.683165 ] }, { "date": "2024-10-25", "close": 9.438245, "volume": 7377300, "typical_volume": 3410145.0, "trend": 8.36796, "fair_value": 7.958835, "relative_strength": 14.322543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.316796, "energy": 18.137781, "activity_lines": [ 8.793607, 8.756874, 8.956859, 8.758186 ] }, { "date": "2024-11-01", "close": 9.438245, "volume": 6040500, "typical_volume": 3541830.0, "trend": 8.457408, "fair_value": 7.958325, "relative_strength": 13.610755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.187821, "energy": 27.745426, "activity_lines": [ 9.040358, 8.871277, 9.003786, 8.827236 ] }, { "date": "2024-11-08", "close": 9.530777, "volume": 4515000, "typical_volume": 3693925.0, "trend": 8.545313, "fair_value": 7.95528, "relative_strength": 14.048307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.02479, "energy": 38.742307, "activity_lines": [ 9.271688, 9.002504, 9.049171, 8.896486 ] }, { "date": "2024-11-15", "close": 9.345714, "volume": 3311700, "typical_volume": 3535685.0, "trend": 8.627049, "fair_value": 7.95522, "relative_strength": 12.870865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.367876, "energy": 42.711385, "activity_lines": [ 9.367304, 9.089148, 9.066355, 8.948125 ] }, { "date": "2024-11-22", "close": 8.790523, "volume": 4243500, "typical_volume": 3451685.0, "trend": 8.673315, "fair_value": 7.950037, "relative_strength": 5.423233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.554049, "energy": 33.06054, "activity_lines": [ 9.216169, 9.063912, 9.030224, 8.958672 ] }, { "date": "2024-11-29", "close": 8.420396, "volume": 1556600, "typical_volume": 3020110.0, "trend": 8.708786, "fair_value": 7.946132, "relative_strength": 1.948147, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.88829, "energy": 4.933665, "activity_lines": [ 8.920068, 8.969698, 8.961486, 8.942354 ] }, { "date": "2024-12-06", "close": 8.420396, "volume": 1114300, "typical_volume": 2960075.0, "trend": 8.747341, "fair_value": 7.942748, "relative_strength": -0.121483, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.824264, "energy": 25.150961, "activity_lines": [ 8.691823, 8.882213, 8.899358, 8.923748 ] }, { "date": "2024-12-13", "close": 8.327864, "volume": 1120100, "typical_volume": 2890235.0, "trend": 8.778185, "fair_value": 7.938249, "relative_strength": -0.168368, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.683247, "energy": 36.709958, "activity_lines": [ 8.50059, 8.783793, 8.834145, 8.896685 ] }, { "date": "2024-12-20", "close": 7.495077, "volume": 2574900, "typical_volume": 2978970.0, "trend": 8.782811, "fair_value": 7.928934, "relative_strength": -5.999264, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.602794, "energy": 69.155086, "activity_lines": [ 8.111956, 8.53564, 8.696228, 8.813904 ] }, { "date": "2024-12-27", "close": 7.541343, "volume": 1021100, "typical_volume": 2779135.0, "trend": 8.787438, "fair_value": 7.918872, "relative_strength": -8.068681, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.30115, "energy": 81.205396, "activity_lines": [ 7.86212, 8.312722, 8.572412, 8.733809 ] }, { "date": "2025-01-03", "close": 7.772672, "volume": 486100, "typical_volume": 2726765.0, "trend": 8.799776, "fair_value": 7.908729, "relative_strength": -4.372873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.461218, "energy": 77.828718, "activity_lines": [ 7.772672, 8.148688, 8.479219, 8.668341 ] }, { "date": "2025-01-10", "close": 7.402545, "volume": 1046900, "typical_volume": 2544400.0, "trend": 8.804402, "fair_value": 7.897256, "relative_strength": -7.952276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.359931, "energy": 82.196864, "activity_lines": [ 7.603031, 7.947642, 8.359589, 8.578197 ] }, { "date": "2025-01-17", "close": 7.171216, "volume": 915400, "typical_volume": 2346530.0, "trend": 8.799776, "fair_value": 7.886907, "relative_strength": -9.049277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.368486, "energy": 81.294325, "activity_lines": [ 7.424136, 7.741548, 8.227621, 8.47283 ] }, { "date": "2025-01-24", "close": 7.402545, "volume": 616700, "typical_volume": 2274685.0, "trend": 8.738088, "fair_value": 7.880127, "relative_strength": -7.087593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.973702, "energy": 76.193601, "activity_lines": [ 7.399461, 7.620416, 8.126056, 8.382686 ] }, { "date": "2025-01-31", "close": 7.310013, "volume": 376100, "typical_volume": 2192150.0, "trend": 8.670231, "fair_value": 7.87119, "relative_strength": -5.616166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.293927, "energy": 77.336545, "activity_lines": [ 7.35011, 7.517789, 8.022068, 8.290552 ] }, { "date": "2025-02-07", "close": 6.245897, "volume": 3966300, "typical_volume": 2318175.0, "trend": 8.551482, "fair_value": 7.855431, "relative_strength": -17.239335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.137228, "energy": 91.034033, "activity_lines": [ 6.961477, 7.248606, 7.823345, 8.134144 ] }, { "date": "2025-02-14", "close": 6.430961, "volume": 1251400, "typical_volume": 2323165.0, "trend": 8.44507, "fair_value": 7.839294, "relative_strength": -14.077555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.270585, "energy": 89.576702, "activity_lines": [ 6.736316, 7.052607, 7.654364, 7.997336 ] }, { "date": "2025-02-21", "close": 6.939886, "volume": 958200, "typical_volume": 2288425.0, "trend": 8.352538, "fair_value": 7.83007, "relative_strength": -5.42967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.956634, "energy": 81.44369, "activity_lines": [ 6.745569, 6.985311, 7.544868, 7.900227 ] }, { "date": "2025-02-28", "close": 6.338429, "volume": 1612300, "typical_volume": 2269600.0, "trend": 8.246127, "fair_value": 7.815426, "relative_strength": -10.565668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.978723, "energy": 84.578821, "activity_lines": [ 6.569759, 6.833895, 7.38514, 7.770285 ] }, { "date": "2025-03-07", "close": 6.89362, "volume": 1224100, "typical_volume": 2266425.0, "trend": 8.16439, "fair_value": 7.805879, "relative_strength": -2.72431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.047596, "energy": 59.629486, "activity_lines": [ 6.649953, 6.804453, 7.288202, 7.683026 ] }, { "date": "2025-03-14", "close": 6.847354, "volume": 703900, "typical_volume": 1932755.0, "trend": 8.071859, "fair_value": 7.794389, "relative_strength": -1.285372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.929613, "energy": 50.335558, "activity_lines": [ 6.742485, 6.778376, 7.194349, 7.598056 ] }, { "date": "2025-03-21", "close": 6.991005, "volume": 625500, "typical_volume": 1662005.0, "trend": 7.990284, "fair_value": 7.784918, "relative_strength": -0.586728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.435068, "energy": 44.101678, "activity_lines": [ 6.842803, 6.795241, 7.126513, 7.528323 ] }, { "date": "2025-03-28", "close": 6.847354, "volume": 291800, "typical_volume": 1450845.0, "trend": 7.920885, "fair_value": 7.774525, "relative_strength": -2.019878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.403798, "energy": 34.962862, "activity_lines": [ 6.857901, 6.79347, 7.056651, 7.454586 ] }, { "date": "2025-04-04", "close": 6.751587, "volume": 843700, "typical_volume": 1327445.0, "trend": 7.854463, "fair_value": 7.764067, "relative_strength": 0.568849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.507651, "energy": 34.505972, "activity_lines": [ 6.847246, 6.780176, 6.990446, 7.379147 ] }, { "date": "2025-04-11", "close": 6.464285, "volume": 1198300, "typical_volume": 1175185.0, "trend": 7.780006, "fair_value": 7.749026, "relative_strength": -4.249024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.752924, "energy": 45.870278, "activity_lines": [ 6.71328, 6.72648, 6.909231, 7.289459 ] }, { "date": "2025-04-18", "close": 6.847354, "volume": 345800, "typical_volume": 1114645.0, "trend": 7.715234, "fair_value": 7.736988, "relative_strength": -0.786099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.795497, "energy": 39.433338, "activity_lines": [ 6.735626, 6.757811, 6.875577, 7.229287 ] }, { "date": "2025-04-25", "close": 6.847354, "volume": 511100, "typical_volume": 1084485.0, "trend": 7.652004, "fair_value": 7.727144, "relative_strength": -1.62182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.824524, "energy": 36.042259, "activity_lines": [ 6.757971, 6.778205, 6.849414, 7.173295 ] }, { "date": "2025-05-02", "close": 6.751587, "volume": 313500, "typical_volume": 1044155.0, "trend": 7.596377, "fair_value": 7.718331, "relative_strength": -6.310655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.769231, "energy": 33.638273, "activity_lines": [ 6.757971, 6.773617, 6.82162, 7.115204 ] }, { "date": "2025-05-09", "close": 6.943121, "volume": 698900, "typical_volume": 950355.0, "trend": 7.547134, "fair_value": 7.711842, "relative_strength": -4.738195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.833209, "energy": 21.626381, "activity_lines": [ 6.828201, 6.807276, 6.819574, 7.073058 ] }, { "date": "2025-05-16", "close": 6.991005, "volume": 2048900, "typical_volume": 1001745.0, "trend": 7.497946, "fair_value": 7.70429, "relative_strength": -3.017022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.410087, "energy": 13.06115, "activity_lines": [ 6.901622, 6.838648, 6.824717, 7.037179 ] }, { "date": "2025-05-23", "close": 7.182539, "volume": 679200, "typical_volume": 1011400.0, "trend": 7.422755, "fair_value": 7.692207, "relative_strength": 1.053789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.45104, "energy": 9.939354, "activity_lines": [ 7.003774, 6.903073, 6.850722, 7.01683 ] }, { "date": "2025-05-30", "close": 6.847354, "volume": 1260300, "typical_volume": 1022070.0, "trend": 7.336392, "fair_value": 7.678525, "relative_strength": -1.526872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.765215, "energy": 13.913035, "activity_lines": [ 6.971851, 6.900461, 6.847614, 6.979707 ] }, { "date": "2025-06-06", "close": 6.607936, "volume": 1172700, "typical_volume": 1034935.0, "trend": 7.238964, "fair_value": 7.666598, "relative_strength": -3.983236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.990317, "energy": 17.102078, "activity_lines": [ 6.860123, 6.856931, 6.824349, 6.93271 ] }, { "date": "2025-06-13", "close": 6.799471, "volume": 508100, "typical_volume": 1029505.0, "trend": 7.15409, "fair_value": 7.65535, "relative_strength": -0.149418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.887417, "energy": 18.943586, "activity_lines": [ 6.821816, 6.852578, 6.822007, 6.904356 ] }, { "date": "2025-06-20", "close": 6.751587, "volume": 897400, "typical_volume": 1055570.0, "trend": 7.086125, "fair_value": 7.64215, "relative_strength": 4.021342, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.56106, "energy": 26.130362, "activity_lines": [ 6.777125, 6.838648, 6.817977, 6.878388 ] }, { "date": "2025-06-27", "close": 6.607936, "volume": 781100, "typical_volume": 896310.0, "trend": 7.02571, "fair_value": 7.620901, "relative_strength": 0.738172, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.950184, "energy": 36.381574, "activity_lines": [ 6.700511, 6.793376, 6.802925, 6.847537 ] }, { "date": "2025-07-04", "close": 6.943121, "volume": 561100, "typical_volume": 861795.0, "trend": 6.976467, "fair_value": 7.603994, "relative_strength": 2.602761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.640445, "energy": 20.150336, "activity_lines": [ 6.773933, 6.8134, 6.818071, 6.842209 ] }, { "date": "2025-07-11", "close": 6.991005, "volume": 389700, "typical_volume": 833370.0, "trend": 6.931905, "fair_value": 7.585749, "relative_strength": 3.572459, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.876401, "energy": 4.96116, "activity_lines": [ 6.856931, 6.840389, 6.835338, 6.843147 ] }, { "date": "2025-07-18", "close": 7.374074, "volume": 867100, "typical_volume": 796110.0, "trend": 6.927872, "fair_value": 7.571056, "relative_strength": 1.899594, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.226476, "energy": 36.531843, "activity_lines": [ 7.042081, 6.932674, 6.888846, 6.871674 ] }, { "date": "2025-07-25", "close": 7.134656, "volume": 328400, "typical_volume": 751325.0, "trend": 6.914316, "fair_value": 7.555925, "relative_strength": -1.770305, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.590366, "energy": 40.272578, "activity_lines": [ 7.109118, 6.973593, 6.914619, 6.885015 ] }, { "date": "2025-08-01", "close": 7.038888, "volume": 596600, "typical_volume": 745960.0, "trend": 6.889856, "fair_value": 7.53689, "relative_strength": -2.718442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.606137, "energy": 53.61832, "activity_lines": [ 7.118694, 6.994487, 6.930124, 6.893052 ] }, { "date": "2025-08-08", "close": 7.038888, "volume": 718500, "typical_volume": 750610.0, "trend": 6.877734, "fair_value": 7.521693, "relative_strength": -5.371432, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.863224, "energy": 52.353791, "activity_lines": [ 7.099541, 7.017994, 6.944717, 6.902666 ] }, { "date": "2025-08-15", "close": 7.32619, "volume": 2276400, "typical_volume": 849840.0, "trend": 6.8829, "fair_value": 7.512177, "relative_strength": -1.031152, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.876037, "energy": 48.824494, "activity_lines": [ 7.16977, 7.090254, 6.986444, 6.931599 ] }, { "date": "2025-08-22", "close": 7.182539, "volume": 475300, "typical_volume": 831420.0, "trend": 6.875567, "fair_value": 7.504481, "relative_strength": -2.109159, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.734562, "energy": 34.865396, "activity_lines": [ 7.16977, 7.123338, 7.01221, 6.950931 ] }, { "date": "2025-08-29", "close": 7.230423, "volume": 357400, "typical_volume": 789375.0, "trend": 6.872914, "fair_value": 7.497093, "relative_strength": 0.118484, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.967553, "energy": 41.923439, "activity_lines": [ 7.1985, 7.158162, 7.040485, 6.973825 ] }, { "date": "2025-09-05", "close": 7.374074, "volume": 571900, "typical_volume": 800680.0, "trend": 6.910519, "fair_value": 7.490899, "relative_strength": -0.071207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.728715, "energy": 57.795784, "activity_lines": [ 7.26873, 7.210399, 7.078791, 7.006158 ] }, { "date": "2025-09-12", "close": 7.32619, "volume": 806700, "typical_volume": 815460.0, "trend": 6.94036, "fair_value": 7.485221, "relative_strength": -2.789921, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.070968, "energy": 50.891437, "activity_lines": [ 7.300652, 7.24, 7.11003, 7.032975 ] }, { "date": "2025-09-19", "close": 7.613492, "volume": 1160000, "typical_volume": 857785.0, "trend": 6.962814, "fair_value": 7.481933, "relative_strength": 1.147956, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.639334, "energy": 71.484771, "activity_lines": [ 7.409188, 7.314872, 7.16635, 7.076403 ] }, { "date": "2025-09-26", "close": 7.421957, "volume": 1680700, "typical_volume": 906875.0, "trend": 6.998932, "fair_value": 7.479336, "relative_strength": -0.244275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.378539, "energy": 61.169064, "activity_lines": [ 7.434726, 7.343602, 7.200325, 7.106025 ] }, { "date": "2025-10-03", "close": 7.278306, "volume": 1047600, "typical_volume": 856810.0, "trend": 7.011754, "fair_value": 7.476641, "relative_strength": -3.234303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.132361, "energy": 40.958604, "activity_lines": [ 7.396419, 7.345343, 7.218338, 7.124049 ] }, { "date": "2025-10-10", "close": 7.182539, "volume": 639700, "typical_volume": 854835.0, "trend": 7.022927, "fair_value": 7.474155, "relative_strength": -3.968953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.460166, "energy": 28.325122, "activity_lines": [ 7.322998, 7.327061, 7.225862, 7.135068 ] }, { "date": "2025-10-17", "close": 7.230423, "volume": 253300, "typical_volume": 804485.0, "trend": 7.030908, "fair_value": 7.471153, "relative_strength": -2.387209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.871579, "energy": 17.960149, "activity_lines": [ 7.278306, 7.314872, 7.237947, 7.148454 ] }, { "date": "2025-10-24", "close": 7.757143, "volume": 1208600, "typical_volume": 806280.0, "trend": 7.061234, "fair_value": 7.471528, "relative_strength": 1.775044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.107442, "energy": 35.802909, "activity_lines": [ 7.415573, 7.394968, 7.298372, 7.195308 ] }, { "date": "2025-10-31", "close": 7.805026, "volume": 835700, "typical_volume": 822660.0, "trend": 7.096349, "fair_value": 7.471661, "relative_strength": 2.913895, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.000545, "energy": 48.412677, "activity_lines": [ 7.559224, 7.475935, 7.357884, 7.243295 ] }, { "date": "2025-11-07", "close": 7.661376, "volume": 426600, "typical_volume": 799120.0, "trend": 7.136252, "fair_value": 7.470873, "relative_strength": 1.742494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.647686, "energy": 62.517366, "activity_lines": [ 7.629453, 7.519466, 7.398928, 7.279748 ] }, { "date": "2025-11-14", "close": 7.757143, "volume": 1325800, "typical_volume": 826355.0, "trend": 7.166578, "fair_value": 7.472618, "relative_strength": 5.874522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.002241, "energy": 72.084182, "activity_lines": [ 7.706067, 7.572573, 7.444759, 7.319806 ] }, { "date": "2025-11-21", "close": 7.469841, "volume": 2064000, "typical_volume": 901500.0, "trend": 7.187328, "fair_value": 7.470055, "relative_strength": 3.203305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.937899, "energy": 53.791171, "activity_lines": [ 7.648607, 7.566479, 7.457756, 7.339371 ] }, { "date": "2025-11-28", "close": 7.757143, "volume": 576100, "typical_volume": 910820.0, "trend": 7.220846, "fair_value": 7.469332, "relative_strength": 6.879727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.403514, "energy": 40.991824, "activity_lines": [ 7.670952, 7.61001, 7.495607, 7.376133 ] }, { "date": "2025-12-05", "close": 7.900794, "volume": 610500, "typical_volume": 897990.0, "trend": 7.252769, "fair_value": 7.470902, "relative_strength": 7.255233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.061611, "energy": 44.160201, "activity_lines": [ 7.741182, 7.677047, 7.543491, 7.420001 ] }, { "date": "2025-12-12", "close": 7.948677, "volume": 226400, "typical_volume": 892890.0, "trend": 7.284691, "fair_value": 7.473875, "relative_strength": 9.40806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.687324, "energy": 44.848528, "activity_lines": [ 7.820988, 7.744084, 7.593426, 7.464898 ] }, { "date": "2025-12-19", "close": 7.948677, "volume": 549000, "typical_volume": 890510.0, "trend": 7.310229, "fair_value": 7.477397, "relative_strength": 9.26403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.80458, "energy": 54.832508, "activity_lines": [ 7.88164, 7.798932, 7.639486, 7.507736 ] }, { "date": "2025-12-26", "close": 8.140211, "volume": 1000400, "typical_volume": 904605.0, "trend": 7.353324, "fair_value": 7.480501, "relative_strength": 10.871971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.081934, "energy": 69.068675, "activity_lines": [ 7.993368, 7.874675, 7.699454, 7.561283 ] }, { "date": "2026-01-02", "close": 8.140211, "volume": 201100, "typical_volume": 800840.0, "trend": 7.4044, "fair_value": 7.483605, "relative_strength": 10.525437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.309884, "energy": 72.387883, "activity_lines": [ 8.060405, 7.933877, 7.754178, 7.61205 ] }, { "date": "2026-01-09", "close": 7.805026, "volume": 564400, "typical_volume": 805295.0, "trend": 7.437919, "fair_value": 7.483738, "relative_strength": 6.16225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.622638, "energy": 48.900247, "activity_lines": [ 7.990176, 7.92517, 7.773104, 7.637897 ] }, { "date": "2026-01-16", "close": 7.757143, "volume": 1669500, "typical_volume": 870900.0, "trend": 7.471437, "fair_value": 7.485209, "relative_strength": 3.483263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.793354, "energy": 35.593362, "activity_lines": [ 7.91037, 7.907758, 7.784505, 7.658492 ] }, { "date": "2026-01-23", "close": 7.613492, "volume": 1015800, "typical_volume": 893095.0, "trend": 7.504956, "fair_value": 7.486034, "relative_strength": -1.535414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.007815, "energy": 17.403781, "activity_lines": [ 7.79545, 7.862487, 7.779716, 7.667657 ] }, { "date": "2026-01-30", "close": 7.85291, "volume": 1424200, "typical_volume": 923970.0, "trend": 7.535282, "fair_value": 7.488942, "relative_strength": 0.581264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.207807, "energy": 21.069892, "activity_lines": [ 7.782681, 7.863357, 7.79659, 7.690106 ] }, { "date": "2026-02-06", "close": 7.948677, "volume": 566700, "typical_volume": 894305.0, "trend": 7.567204, "fair_value": 7.493011, "relative_strength": -0.650786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.608278, "energy": 20.082352, "activity_lines": [ 7.820988, 7.874675, 7.820075, 7.716776 ] }, { "date": "2026-02-13", "close": 8.427513, "volume": 1783800, "typical_volume": 899460.0, "trend": 7.602319, "fair_value": 7.500973, "relative_strength": -0.562563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.789202, "energy": 40.589377, "activity_lines": [ 8.031675, 7.969572, 7.887568, 7.77228 ] }, { "date": "2026-02-20", "close": 8.571164, "volume": 965400, "typical_volume": 895350.0, "trend": 7.650203, "fair_value": 7.509308, "relative_strength": -2.307982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.759462, "energy": 74.930103, "activity_lines": [ 8.248748, 8.08101, 7.963954, 7.834786 ] }, { "date": "2026-02-27", "close": 8.619047, "volume": 995300, "typical_volume": 913130.0, "trend": 7.702874, "fair_value": 7.517675, "relative_strength": -4.998321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.963922, "energy": 82.267358, "activity_lines": [ 8.427513, 8.189836, 8.038744, 7.897292 ] }, { "date": "2026-03-06", "close": 8.714815, "volume": 1501600, "typical_volume": 975545.0, "trend": 7.758739, "fair_value": 7.525314, "relative_strength": 3.936965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.371783, "energy": 85.415675, "activity_lines": [ 8.571164, 8.303886, 8.115814, 7.962579 ] }, { "date": "2026-03-13", "close": 9.0, "volume": 2779100, "typical_volume": 1054070.0, "trend": 7.814532, "fair_value": 7.533626, "relative_strength": 7.224363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.017582, "energy": 86.955906, "activity_lines": [ 8.752416, 8.459341, 8.212975, 8.04266 ] }, { "date": "2026-03-20", "close": 9.2, "volume": 1616800, "typical_volume": 1093125.0, "trend": 7.881781, "fair_value": 7.543221, "relative_strength": 7.615269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.912678, "energy": 87.229139, "activity_lines": [ 8.930247, 8.635527, 8.323266, 8.132045 ] }, { "date": "2026-03-27", "close": 8.95, "volume": 749700, "typical_volume": 1109280.0, "trend": 7.9391, "fair_value": 7.551501, "relative_strength": 3.55366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.42356, "energy": 74.144945, "activity_lines": [ 8.973245, 8.740895, 8.403105, 8.200962 ] }, { "date": "2026-04-03", "close": 9.05, "volume": 640700, "typical_volume": 1075025.0, "trend": 7.994965, "fair_value": 7.561578, "relative_strength": 4.135102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.457569, "energy": 61.370794, "activity_lines": [ 9.024321, 8.842756, 8.486331, 8.272633 ] }, { "date": "2026-04-10", "close": 8.9, "volume": 967300, "typical_volume": 1020190.0, "trend": 8.047425, "fair_value": 7.570116, "relative_strength": -1.238927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.936174, "energy": 54.34234, "activity_lines": [ 8.996667, 8.891227, 8.549116, 8.331023 ] }, { "date": "2026-04-17", "close": 8.8, "volume": 100000, "typical_volume": 996385.0, "trend": 8.086975, "fair_value": 7.578879, "relative_strength": -0.737783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.529773, "energy": 45.368394, "activity_lines": [ 8.923333, 8.902477, 8.595566, 8.379576 ] }, { "date": "2026-04-24", "close": 8.85, "volume": 432900, "typical_volume": 987505.0, "trend": 8.134577, "fair_value": 7.586229, "relative_strength": 1.577193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.37813, "energy": 35.2718, "activity_lines": [ 8.88, 8.90734, 8.641811, 8.428803 ] }, { "date": "2026-05-01", "close": 8.55, "volume": 722900, "typical_volume": 1012330.0, "trend": 8.176966, "fair_value": 7.592235, "relative_strength": -4.3643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.449334, "energy": 23.798424, "activity_lines": [ 8.76, 8.849976, 8.654966, 8.455605 ] }, { "date": "2026-05-08", "close": 8.7, "volume": 519800, "typical_volume": 1010870.0, "trend": 8.227548, "fair_value": 7.598624, "relative_strength": -3.139312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.058444, "energy": 20.466313, "activity_lines": [ 8.716667, 8.820269, 8.679543, 8.489349 ] }, { "date": "2026-05-15", "close": 8.85, "volume": 651500, "typical_volume": 993425.0, "trend": 8.281534, "fair_value": 7.608285, "relative_strength": -2.605999, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.346059, "energy": 19.75494, "activity_lines": [ 8.746667, 8.816364, 8.714827, 8.529507 ] }, { "date": "2026-05-22", "close": 8.05, "volume": 2709400, "typical_volume": 1118840.0, "trend": 8.291296, "fair_value": 7.613107, "relative_strength": -12.356889, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.022497, "energy": 13.932751, "activity_lines": [ 8.513333, 8.664545, 8.670542, 8.51457 ] }, { "date": "2026-05-29", "close": 8.2, "volume": 619400, "typical_volume": 1121590.0, "trend": 8.304462, "fair_value": 7.61889, "relative_strength": -12.207902, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.658365, "energy": 16.918152, "activity_lines": [ 8.38, 8.557273, 8.640971, 8.508679 ] }, { "date": "2026-06-05", "close": 8.25, "volume": 99700, "typical_volume": 1043100.0, "trend": 8.324083, "fair_value": 7.623838, "relative_strength": -12.296375, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.630524, "energy": 27.347805, "activity_lines": [ 8.306667, 8.477273, 8.614282, 8.505166 ] }, { "date": "2026-06-12", "close": 8.1, "volume": 78200, "typical_volume": 996220.0, "trend": 8.335511, "fair_value": 7.628691, "relative_strength": -14.152116, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.419806, "energy": 51.540491, "activity_lines": [ 8.203333, 8.382727, 8.57096, 8.490709 ] }, { "date": "2026-06-19", "close": 8.05, "volume": 746400, "typical_volume": 962330.0, "trend": 8.35485, "fair_value": 7.633513, "relative_strength": -13.262666, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.869847, "energy": 58.712275, "activity_lines": [ 8.123333, 8.296364, 8.520559, 8.472289 ] }, { "date": "2026-06-26", "close": 8.4, "volume": 188600, "typical_volume": 943425.0, "trend": 8.376279, "fair_value": 7.641156, "relative_strength": -7.523185, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.159373, "energy": 39.503724, "activity_lines": [ 8.213333, 8.289091, 8.502554, 8.475202 ] }, { "date": "2026-07-03", "close": 8.45, "volume": 170400, "typical_volume": 862755.0, "trend": 8.394585, "fair_value": 7.649408, "relative_strength": -10.67435, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.084233, "energy": 19.507739, "activity_lines": [ 8.296667, 8.298182, 8.48716, 8.479958 ] }, { "date": "2026-07-10", "close": 8.55, "volume": 1214800, "typical_volume": 875225.0, "trend": 8.41463, "fair_value": 7.658878, "relative_strength": -9.905501, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.912086, "energy": 7.209706, "activity_lines": [ 8.396667, 8.332727, 8.481184, 8.489985 ] }, { "date": "2026-07-17", "close": 8.5, "volume": 691300, "typical_volume": 860025.0, "trend": 8.433007, "fair_value": 7.668028, "relative_strength": -11.117806, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.345533, "energy": 12.745988, "activity_lines": [ 8.46, 8.358182, 8.470547, 8.495492 ] }, { "date": "2026-07-24", "close": 8.55, "volume": 1387900, "typical_volume": 854340.0, "trend": 8.446667, "fair_value": 7.67721, "relative_strength": -10.65405, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.275371, "energy": 15.498649, "activity_lines": [ 8.513333, 8.396364, 8.465238, 8.50304 ] }, { "date": "2026-07-31", "close": 8.55, "volume": 343800, "typical_volume": 732575.0, "trend": 8.460326, "fair_value": 7.686392, "relative_strength": -9.490756, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.347533, "energy": 16.249307, "activity_lines": [ 8.533333, 8.44, 8.460714, 8.509707 ] }, { "date": "2026-08-07", "close": 8.95, "volume": 1369600, "typical_volume": 720215.0, "trend": 8.498492, "fair_value": 7.698426, "relative_strength": -4.600214, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.426117, "energy": 34.689404, "activity_lines": [ 8.676667, 8.547273, 8.496429, 8.541299 ] } ], "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." } } }