{ "ticker": { "uuid": "62a50bf1-f727-4109-b15e-b13ba3256da3", "symbol": "DKUPL", "name": "ADLPartner SA", "exchange": "PAR", "country": "FR", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 53.937, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -15.46, "architecture_energy": 23.966, "architecture_maturity": 49.666, "architecture_confidence": 82.211, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.44, "rotation_up": 12.27, "upward_expansion": 25.37, "deceleration": 77.9, "rotation_down": 60.46, "downward_expansion": 29.37 }, "activity_lines": [ 25.5, 26.060118, 25.970459, 25.670446 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 24.9, "trend_reference": 25.558203, "distance_from_trend": -0.025753, "trend_direction": "Improving", "fair_value": 29.513375, "distance_from_fair_value": -0.156315, "fair_value_direction": "Improving", "relative_strength": -9.025203, "relative_strength_direction": "Weakening", "price_momentum": -0.06391, "excess_performance": -0.117221, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.025753, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.011085, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.156315, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.01905, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.090252, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006056, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.06391, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.906333, "read": "Supply-led" } ], "volume": { "latest": 5905, "relative_activity": 1.443589, "balance": 0.906333, "dry_up": 1.025119, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.042738, "annualized_volatility": 0.292058, "from_high_reference": -0.153061, "from_low_reference": 0.290156 }, "levels": { "trend_reference": 25.558203, "fair_value_reference": 29.513375, "structural_low": 22.799999, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.01524, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.059509, "regime_survival": 0.5, "best_return": 0.234127, "worst_return": -0.232558, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.013874, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.039802, "regime_survival": 0.333333, "best_return": 0.388889, "worst_return": -0.119734, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.122807, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.077265, "regime_survival": 0.0, "best_return": 0.222592, "worst_return": 0.026012, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.149237, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.004179, "regime_survival": 0.333333, "best_return": 0.278128, "worst_return": -0.171853, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-05", "end": "2024-02-23", "tenure": "Developing", "return": 0.103448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-06-28", "tenure": "Established", "return": 0.285337, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-11-15", "tenure": "Established", "return": 0.109827, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": -0.047244, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.011142, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.033613, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.073973, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-12-26", "tenure": "Extended", "return": -0.119509, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.111511, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.053942, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.062762, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": 0.100402, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.018588, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.023529, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.967981, "volume": 1530, "typical_volume": 6985.15, "trend": 26.977058, "fair_value": 21.215691, "relative_strength": -2.362018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.59064, "energy": 30.792828, "activity_lines": [ 28.878125, 29.14239, 28.535749, 27.702346 ] }, { "date": "2023-08-25", "close": 27.019913, "volume": 2113, "typical_volume": 6679.45, "trend": 26.964317, "fair_value": 21.334239, "relative_strength": -6.088945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.054368, "energy": 18.829031, "activity_lines": [ 28.189196, 28.710921, 28.499882, 27.705111 ] }, { "date": "2023-09-01", "close": 29.010855, "volume": 14485, "typical_volume": 7298.95, "trend": 27.030243, "fair_value": 21.458617, "relative_strength": 0.259398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.134732, "energy": 27.179331, "activity_lines": [ 28.296644, 28.693683, 28.635238, 27.837146 ] }, { "date": "2023-09-08", "close": 27.493948, "volume": 3775, "typical_volume": 7082.1, "trend": 27.054831, "fair_value": 21.578071, "relative_strength": -3.941367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.080518, "energy": 17.828866, "activity_lines": [ 27.942699, 28.426501, 28.597818, 27.867062 ] }, { "date": "2023-09-15", "close": 28.726433, "volume": 3396, "typical_volume": 6905.45, "trend": 27.114351, "fair_value": 21.707025, "relative_strength": -1.195097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.175803, "energy": 15.906535, "activity_lines": [ 28.176555, 28.421329, 28.661523, 27.974907 ] }, { "date": "2023-09-22", "close": 28.536821, "volume": 3397, "typical_volume": 6662.8, "trend": 27.16755, "fair_value": 21.833697, "relative_strength": 1.062906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.022289, "energy": 12.983441, "activity_lines": [ 28.340887, 28.404092, 28.685048, 28.06668 ] }, { "date": "2023-09-29", "close": 29.105663, "volume": 4429, "typical_volume": 6584.35, "trend": 27.255088, "fair_value": 21.95895, "relative_strength": 3.846993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.401958, "energy": 20.9252, "activity_lines": [ 28.65691, 28.492004, 28.742846, 28.191719 ] }, { "date": "2023-10-06", "close": 24.649746, "volume": 8163, "typical_volume": 6863.8, "trend": 27.209473, "fair_value": 22.053239, "relative_strength": -10.498197, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -15.864132, "energy": 18.405148, "activity_lines": [ 27.348577, 27.768025, 28.359372, 28.023633 ] }, { "date": "2023-10-13", "close": 25.028971, "volume": 1655, "typical_volume": 6425.1, "trend": 27.210329, "fair_value": 22.150227, "relative_strength": -7.855015, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.631645, "energy": 50.878365, "activity_lines": [ 26.457394, 27.204356, 28.020288, 27.882955 ] }, { "date": "2023-10-20", "close": 21.900352, "volume": 5916, "typical_volume": 6219.45, "trend": 27.156104, "fair_value": 22.227425, "relative_strength": -16.462091, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -58.746702, "energy": 75.800628, "activity_lines": [ 24.687669, 26.16493, 27.388831, 27.540376 ] }, { "date": "2023-10-27", "close": 21.331512, "volume": 2176, "typical_volume": 5720.2, "trend": 27.024484, "fair_value": 22.30311, "relative_strength": -17.786421, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.19963, "energy": 83.540042, "activity_lines": [ 23.183402, 25.144465, 26.732472, 27.164596 ] }, { "date": "2023-11-03", "close": 23.796486, "volume": 4617, "typical_volume": 5759.95, "trend": 27.045766, "fair_value": 22.392997, "relative_strength": -11.07663, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.499586, "energy": 83.786246, "activity_lines": [ 22.981148, 24.69284, 26.347689, 26.956338 ] }, { "date": "2023-11-10", "close": 24.554939, "volume": 1639, "typical_volume": 4970.8, "trend": 27.095404, "fair_value": 22.480546, "relative_strength": -7.793063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.062672, "energy": 79.4925, "activity_lines": [ 23.385657, 24.437724, 26.064172, 26.795639 ] }, { "date": "2023-11-17", "close": 24.839361, "volume": 1109, "typical_volume": 4571.0, "trend": 27.120694, "fair_value": 22.569386, "relative_strength": -8.658872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.313915, "energy": 49.946837, "activity_lines": [ 23.891293, 24.315337, 25.835733, 26.650088 ] }, { "date": "2023-11-24", "close": 25.313393, "volume": 988, "typical_volume": 4274.35, "trend": 27.161785, "fair_value": 22.657532, "relative_strength": -7.155104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.263422, "energy": 30.059903, "activity_lines": [ 24.567581, 24.327404, 25.675013, 26.533488 ] }, { "date": "2023-12-01", "close": 27.304333, "volume": 4616, "typical_volume": 4200.9, "trend": 27.260014, "fair_value": 22.754441, "relative_strength": -0.380933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.349519, "energy": 22.176325, "activity_lines": [ 25.679979, 24.763514, 25.726028, 26.542685 ] }, { "date": "2023-12-08", "close": 27.304333, "volume": 5488, "typical_volume": 4366.15, "trend": 27.318262, "fair_value": 22.852416, "relative_strength": -2.585233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.238462, "energy": 21.678226, "activity_lines": [ 26.394189, 25.222034, 25.783363, 26.545544 ] }, { "date": "2023-12-15", "close": 27.493948, "volume": 4455, "typical_volume": 4234.0, "trend": 27.355152, "fair_value": 22.947042, "relative_strength": -2.53014, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.045026, "energy": 22.835305, "activity_lines": [ 26.937748, 25.74778, 25.866884, 26.556879 ] }, { "date": "2023-12-22", "close": 27.304333, "volume": 3781, "typical_volume": 4165.4, "trend": 27.391872, "fair_value": 23.041826, "relative_strength": -2.523313, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.273388, "energy": 21.146128, "activity_lines": [ 27.222168, 26.187338, 25.942729, 26.5536 ] }, { "date": "2023-12-29", "close": 27.967981, "volume": 1902, "typical_volume": 3981.5, "trend": 27.389205, "fair_value": 23.13949, "relative_strength": 0.481786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.029444, "energy": 29.516222, "activity_lines": [ 27.563472, 26.70619, 26.095323, 26.590768 ] }, { "date": "2024-01-05", "close": 27.493948, "volume": 2198, "typical_volume": 4014.9, "trend": 27.336907, "fair_value": 23.23439, "relative_strength": 0.624175, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.107089, "energy": 37.162108, "activity_lines": [ 27.569793, 27.028533, 26.20593, 26.597526 ] }, { "date": "2024-01-12", "close": 27.114721, "volume": 2575, "typical_volume": 4038.0, "trend": 27.24429, "fair_value": 23.326585, "relative_strength": -1.161359, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.019115, "energy": 29.244711, "activity_lines": [ 27.437064, 27.169881, 26.282679, 26.583191 ] }, { "date": "2024-01-19", "close": 27.967981, "volume": 1315, "typical_volume": 3379.5, "trend": 27.162124, "fair_value": 23.423975, "relative_strength": 3.315584, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.751077, "energy": 35.31392, "activity_lines": [ 27.601395, 27.406036, 26.440239, 26.629881 ] }, { "date": "2024-01-26", "close": 27.967981, "volume": 2273, "typical_volume": 3304.4, "trend": 27.1084, "fair_value": 23.521914, "relative_strength": -0.133669, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.082233, "energy": 28.307673, "activity_lines": [ 27.734125, 27.580135, 26.602764, 26.681872 ] }, { "date": "2024-02-02", "close": 29.200468, "volume": 3414, "typical_volume": 3305.3, "trend": 27.083118, "fair_value": 23.626104, "relative_strength": 4.782448, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.655666, "energy": 49.85665, "activity_lines": [ 28.23344, 27.921439, 26.880413, 26.816844 ] }, { "date": "2024-02-09", "close": 28.726433, "volume": 4017, "typical_volume": 3336.3, "trend": 27.086278, "fair_value": 23.720936, "relative_strength": 2.334681, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.08751, "energy": 51.40956, "activity_lines": [ 28.492578, 28.105881, 27.110657, 26.922864 ] }, { "date": "2024-02-16", "close": 28.536821, "volume": 3855, "typical_volume": 3307.6, "trend": 27.070477, "fair_value": 23.806583, "relative_strength": 0.076508, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.872642, "energy": 48.096856, "activity_lines": [ 28.606346, 28.229992, 27.321941, 27.016448 ] }, { "date": "2024-02-23", "close": 30.338148, "volume": 3265, "typical_volume": 3062.7, "trend": 27.092599, "fair_value": 23.908448, "relative_strength": 3.710247, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.934835, "energy": 72.398392, "activity_lines": [ 29.225749, 28.659208, 27.707488, 27.227265 ] }, { "date": "2024-03-01", "close": 26.640688, "volume": 5541, "typical_volume": 3257.0, "trend": 26.975671, "fair_value": 23.986062, "relative_strength": -8.438372, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.88372, "energy": 30.866865, "activity_lines": [ 28.454655, 28.364445, 27.713809, 27.19811 ] }, { "date": "2024-03-08", "close": 26.925106, "volume": 4785, "typical_volume": 3200.45, "trend": 26.918787, "fair_value": 24.067423, "relative_strength": -8.422778, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.712517, "energy": 17.633913, "activity_lines": [ 27.866853, 28.133461, 27.739542, 27.194847 ] }, { "date": "2024-03-15", "close": 27.019913, "volume": 1884, "typical_volume": 3185.85, "trend": 26.887184, "fair_value": 24.150491, "relative_strength": -9.492007, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.412984, "energy": 16.765727, "activity_lines": [ 27.462345, 27.938677, 27.750377, 27.201372 ] }, { "date": "2024-03-22", "close": 28.062788, "volume": 1706, "typical_volume": 3040.3, "trend": 26.921947, "fair_value": 24.239419, "relative_strength": -5.899273, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.602431, "energy": 23.409849, "activity_lines": [ 27.519229, 27.942124, 27.833445, 27.277217 ] }, { "date": "2024-03-29", "close": 28.631628, "volume": 2191, "typical_volume": 3067.9, "trend": 26.909306, "fair_value": 24.326773, "relative_strength": -4.64076, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.032308, "energy": 20.000153, "activity_lines": [ 27.797329, 28.03176, 27.950374, 27.387519 ] }, { "date": "2024-04-05", "close": 30.717377, "volume": 11892, "typical_volume": 3607.05, "trend": 27.016754, "fair_value": 24.428046, "relative_strength": 3.785852, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.082877, "energy": 45.943036, "activity_lines": [ 28.884446, 28.488556, 28.246532, 27.633201 ] }, { "date": "2024-04-12", "close": 33.371964, "volume": 11968, "typical_volume": 4156.05, "trend": 27.171605, "fair_value": 24.548535, "relative_strength": 12.816429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.162101, "energy": 79.870989, "activity_lines": [ 30.584647, 29.378015, 28.767518, 28.043215 ] }, { "date": "2024-04-19", "close": 32.708317, "volume": 4523, "typical_volume": 4151.4, "trend": 27.310654, "fair_value": 24.663395, "relative_strength": 9.898779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.422184, "energy": 84.330491, "activity_lines": [ 31.633841, 30.070966, 29.186924, 28.400422 ] }, { "date": "2024-04-26", "close": 34.699257, "volume": 5658, "typical_volume": 4159.9, "trend": 27.497108, "fair_value": 24.791842, "relative_strength": 14.998127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.623595, "energy": 91.889381, "activity_lines": [ 32.967455, 31.053509, 29.770211, 28.877106 ] }, { "date": "2024-05-03", "close": 34.60445, "volume": 9445, "typical_volume": 4409.4, "trend": 27.828931, "fair_value": 24.920231, "relative_strength": 15.926724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.933941, "energy": 88.395507, "activity_lines": [ 33.827036, 31.906769, 30.309255, 29.335644 ] }, { "date": "2024-05-10", "close": 35.078484, "volume": 3518, "typical_volume": 4396.25, "trend": 28.163915, "fair_value": 25.050835, "relative_strength": 13.297946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.691889, "energy": 87.931483, "activity_lines": [ 34.446439, 32.768648, 30.859586, 29.803357 ] }, { "date": "2024-05-17", "close": 35.457714, "volume": 2527, "typical_volume": 4427.5, "trend": 28.615827, "fair_value": 25.183594, "relative_strength": 14.766887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.631631, "energy": 82.369708, "activity_lines": [ 34.901512, 33.546064, 31.409013, 30.273925 ] }, { "date": "2024-05-24", "close": 36.500587, "volume": 1530, "typical_volume": 4394.1, "trend": 29.121463, "fair_value": 25.32139, "relative_strength": 18.640572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.565997, "energy": 77.574596, "activity_lines": [ 35.56516, 34.357954, 32.022097, 30.782619 ] }, { "date": "2024-05-31", "close": 38.396721, "volume": 12605, "typical_volume": 4895.6, "trend": 29.608137, "fair_value": 25.467768, "relative_strength": 25.795678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.327289, "energy": 92.290941, "activity_lines": [ 36.608034, 35.34222, 32.772876, 31.381023 ] }, { "date": "2024-06-07", "close": 40.198048, "volume": 3426, "typical_volume": 5001.15, "trend": 30.129574, "fair_value": 25.627341, "relative_strength": 30.894716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.837235, "energy": 94.480473, "activity_lines": [ 38.004853, 36.466111, 33.641486, 32.064243 ] }, { "date": "2024-06-14", "close": 33.656384, "volume": 10800, "typical_volume": 5427.5, "trend": 30.423475, "fair_value": 25.74663, "relative_strength": 16.618072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.498089, "energy": 58.990761, "activity_lines": [ 36.848211, 36.190309, 33.828842, 32.291779 ] }, { "date": "2024-06-21", "close": 33.949581, "volume": 4878, "typical_volume": 5500.7, "trend": 30.711348, "fair_value": 25.869233, "relative_strength": 15.585143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.986149, "energy": 42.972721, "activity_lines": [ 35.884108, 35.91438, 34.017034, 32.51927 ] }, { "date": "2024-06-28", "close": 34.242249, "volume": 1536, "typical_volume": 5376.65, "trend": 30.942612, "fair_value": 25.998319, "relative_strength": 18.56263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.174526, "energy": 28.959174, "activity_lines": [ 35.118103, 35.681161, 34.210485, 32.74707 ] }, { "date": "2024-07-05", "close": 33.754467, "volume": 2188, "typical_volume": 5293.3, "trend": 31.157616, "fair_value": 26.125719, "relative_strength": 13.781043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.794794, "energy": 28.237274, "activity_lines": [ 34.340059, 35.331365, 34.331214, 32.92848 ] }, { "date": "2024-07-12", "close": 37.168938, "volume": 4061, "typical_volume": 5333.1, "trend": 31.480116, "fair_value": 26.275293, "relative_strength": 23.927658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.759209, "energy": 25.396254, "activity_lines": [ 35.009657, 35.619559, 34.752285, 33.316307 ] }, { "date": "2024-07-19", "close": 37.071381, "volume": 2043, "typical_volume": 5158.2, "trend": 31.805684, "fair_value": 26.424243, "relative_strength": 26.080891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.967293, "energy": 32.703728, "activity_lines": [ 35.848676, 35.843389, 35.131537, 33.677034 ] }, { "date": "2024-07-26", "close": 34.632477, "volume": 3084, "typical_volume": 5073.15, "trend": 32.027834, "fair_value": 26.555254, "relative_strength": 17.680106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.655098, "energy": 28.127214, "activity_lines": [ 35.64706, 35.587547, 35.228842, 33.859408 ] }, { "date": "2024-08-02", "close": 34.144695, "volume": 2827, "typical_volume": 5120.3, "trend": 32.249526, "fair_value": 26.682564, "relative_strength": 19.930654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.07818, "energy": 24.199475, "activity_lines": [ 35.237325, 35.258022, 35.242991, 33.995979 ] }, { "date": "2024-08-09", "close": 34.047138, "volume": 3517, "typical_volume": 5210.85, "trend": 32.480606, "fair_value": 26.810399, "relative_strength": 18.837717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.657462, "energy": 11.752092, "activity_lines": [ 34.801573, 34.953593, 35.213921, 34.111954 ] }, { "date": "2024-08-16", "close": 34.437363, "volume": 1066, "typical_volume": 5154.6, "trend": 32.696252, "fair_value": 26.941888, "relative_strength": 16.885694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.433644, "energy": 13.817366, "activity_lines": [ 34.476386, 34.799198, 35.193518, 34.238197 ] }, { "date": "2024-08-23", "close": 34.53492, "volume": 1491, "typical_volume": 4634.55, "trend": 32.91515, "fair_value": 27.073714, "relative_strength": 14.788926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.476422, "energy": 12.376817, "activity_lines": [ 34.365822, 34.767281, 35.15476, 34.35682 ] }, { "date": "2024-08-30", "close": 34.242249, "volume": 1059, "typical_volume": 4089.1, "trend": 33.08321, "fair_value": 27.195314, "relative_strength": 12.732816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.977048, "energy": 10.007436, "activity_lines": [ 34.326799, 34.666177, 35.069949, 34.44244 ] }, { "date": "2024-09-06", "close": 34.437363, "volume": 2142, "typical_volume": 3970.05, "trend": 33.273574, "fair_value": 27.319604, "relative_strength": 17.17007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.46561, "energy": 8.344487, "activity_lines": [ 34.378829, 34.595227, 34.999577, 34.529804 ] }, { "date": "2024-09-13", "close": 34.339806, "volume": 1449, "typical_volume": 3759.6, "trend": 33.467007, "fair_value": 27.438949, "relative_strength": 14.680396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.079892, "energy": 7.134464, "activity_lines": [ 34.378829, 34.502992, 34.91168, 34.598594 ] }, { "date": "2024-09-20", "close": 37.364052, "volume": 7475, "typical_volume": 3661.1, "trend": 33.701203, "fair_value": 27.577105, "relative_strength": 23.599211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.566312, "energy": 25.412984, "activity_lines": [ 35.367399, 34.949977, 35.113519, 34.850016 ] }, { "date": "2024-09-27", "close": 36.095821, "volume": 2078, "typical_volume": 3589.1, "trend": 34.016375, "fair_value": 27.709147, "relative_strength": 14.633806, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 38.432481, "energy": 28.029283, "activity_lines": [ 35.738114, 35.162827, 35.181432, 35.004507 ] }, { "date": "2024-10-04", "close": 35.705593, "volume": 4146, "typical_volume": 3670.05, "trend": 34.309058, "fair_value": 27.836095, "relative_strength": 16.470997, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 43.912179, "energy": 31.136218, "activity_lines": [ 35.874692, 35.322464, 35.207336, 35.113489 ] }, { "date": "2024-10-11", "close": 35.412926, "volume": 885, "typical_volume": 3637.8, "trend": 34.588825, "fair_value": 27.955409, "relative_strength": 14.36464, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.765423, "energy": 33.340332, "activity_lines": [ 35.816158, 35.409378, 35.204187, 35.184706 ] }, { "date": "2024-10-18", "close": 35.315369, "volume": 1167, "typical_volume": 3065.9, "trend": 34.830577, "fair_value": 28.066035, "relative_strength": 12.766174, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 34.150828, "energy": 19.528409, "activity_lines": [ 35.660068, 35.455496, 35.196926, 35.23158 ] }, { "date": "2024-10-25", "close": 36.778713, "volume": 4076, "typical_volume": 3098.4, "trend": 35.102147, "fair_value": 28.17913, "relative_strength": 18.271504, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.286085, "energy": 25.476829, "activity_lines": [ 35.926722, 35.744617, 35.343705, 35.357266 ] }, { "date": "2024-11-01", "close": 35.998264, "volume": 732, "typical_volume": 2595.0, "trend": 35.278176, "fair_value": 28.292406, "relative_strength": 16.343938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.478077, "energy": 24.263344, "activity_lines": [ 35.972248, 35.849268, 35.432437, 35.41508 ] }, { "date": "2024-11-08", "close": 35.900707, "volume": 1582, "typical_volume": 2430.2, "trend": 35.362468, "fair_value": 28.406784, "relative_strength": 16.388468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.06828, "energy": 24.308319, "activity_lines": [ 35.99176, 35.909576, 35.500726, 35.455244 ] }, { "date": "2024-11-15", "close": 37.461609, "volume": 1996, "typical_volume": 2453.2, "trend": 35.520911, "fair_value": 28.530592, "relative_strength": 21.645274, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.293289, "energy": 46.656259, "activity_lines": [ 36.518564, 36.22353, 35.708382, 35.590672 ] }, { "date": "2024-11-22", "close": 37.168938, "volume": 4300, "typical_volume": 2558.8, "trend": 35.603234, "fair_value": 28.654251, "relative_strength": 20.037813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.733925, "energy": 45.334671, "activity_lines": [ 36.811233, 36.429285, 35.872834, 35.696997 ] }, { "date": "2024-11-29", "close": 35.900707, "volume": 2384, "typical_volume": 2474.95, "trend": 35.646442, "fair_value": 28.766902, "relative_strength": 15.612277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.398091, "energy": 33.482561, "activity_lines": [ 36.557586, 36.353014, 35.900243, 35.716188 ] }, { "date": "2024-12-06", "close": 35.315369, "volume": 3356, "typical_volume": 2540.6, "trend": 35.654338, "fair_value": 28.867737, "relative_strength": 10.233915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.513365, "energy": 16.622501, "activity_lines": [ 36.167361, 36.196923, 35.877944, 35.694829 ] }, { "date": "2024-12-13", "close": 35.412926, "volume": 4151, "typical_volume": 2593.95, "trend": 35.652845, "fair_value": 28.966895, "relative_strength": 10.226513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.589962, "energy": 12.258635, "activity_lines": [ 35.855181, 36.072761, 35.873298, 35.679254 ] }, { "date": "2024-12-20", "close": 35.022701, "volume": 1729, "typical_volume": 2539.05, "trend": 35.603583, "fair_value": 29.062399, "relative_strength": 10.44505, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.629169, "energy": 11.288327, "activity_lines": [ 35.445445, 35.88297, 35.827772, 35.638599 ] }, { "date": "2024-12-27", "close": 34.73003, "volume": 445, "typical_volume": 2385.45, "trend": 35.481359, "fair_value": 29.160058, "relative_strength": 7.835254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.415253, "energy": 19.919282, "activity_lines": [ 35.100745, 35.647061, 35.750192, 35.582241 ] }, { "date": "2025-01-03", "close": 34.632477, "volume": 406, "typical_volume": 2352.45, "trend": 35.29584, "fair_value": 29.232329, "relative_strength": 8.113607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.160629, "energy": 38.669192, "activity_lines": [ 34.886122, 35.404057, 35.660068, 35.527475 ] }, { "date": "2025-01-10", "close": 34.827587, "volume": 914, "typical_volume": 2323.6, "trend": 35.334881, "fair_value": 29.300667, "relative_strength": 6.056358, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.91575, "energy": 37.418079, "activity_lines": [ 34.821084, 35.235551, 35.587598, 35.497265 ] }, { "date": "2025-01-17", "close": 34.632477, "volume": 744, "typical_volume": 2307.85, "trend": 35.357644, "fair_value": 29.372938, "relative_strength": 1.341877, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.660853, "energy": 35.356968, "activity_lines": [ 34.723528, 35.052854, 35.495152, 35.451948 ] }, { "date": "2025-01-24", "close": 34.73003, "volume": 2892, "typical_volume": 2345.35, "trend": 35.373903, "fair_value": 29.454472, "relative_strength": -1.472269, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.898257, "energy": 28.218207, "activity_lines": [ 34.71052, 34.910954, 35.410138, 35.411457 ] }, { "date": "2025-01-31", "close": 35.998264, "volume": 1167, "typical_volume": 2331.25, "trend": 35.448696, "fair_value": 29.529739, "relative_strength": 1.536534, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.051571, "energy": 5.005601, "activity_lines": [ 35.139768, 35.049307, 35.444515, 35.451738 ] }, { "date": "2025-02-07", "close": 35.60804, "volume": 919, "typical_volume": 2003.45, "trend": 35.396666, "fair_value": 29.601928, "relative_strength": -0.157683, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.579106, "energy": 3.548879, "activity_lines": [ 35.354392, 35.137995, 35.433831, 35.462019 ] }, { "date": "2025-02-14", "close": 36.290932, "volume": 772, "typical_volume": 1938.15, "trend": 35.370651, "fair_value": 29.680223, "relative_strength": -1.124528, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.611399, "energy": 15.904579, "activity_lines": [ 35.73161, 35.356166, 35.496545, 35.519713 ] }, { "date": "2025-02-21", "close": 35.80315, "volume": 880, "typical_volume": 1774.85, "trend": 35.409674, "fair_value": 29.766908, "relative_strength": -2.409623, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.905007, "energy": 23.651259, "activity_lines": [ 35.848677, 35.467912, 35.511876, 35.547616 ] }, { "date": "2025-02-28", "close": 35.900707, "volume": 360, "typical_volume": 1748.6, "trend": 35.468208, "fair_value": 29.868617, "relative_strength": -2.073511, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.819017, "energy": 28.703225, "activity_lines": [ 35.920218, 35.590301, 35.536032, 35.579296 ] }, { "date": "2025-03-07", "close": 35.80315, "volume": 3520, "typical_volume": 1866.25, "trend": 35.526741, "fair_value": 29.952999, "relative_strength": -2.885814, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.601973, "energy": 28.348535, "activity_lines": [ 35.881195, 35.678988, 35.548575, 35.600905 ] }, { "date": "2025-03-14", "close": 34.437363, "volume": 1848, "typical_volume": 1754.85, "trend": 35.526741, "fair_value": 30.024018, "relative_strength": -5.904585, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.404579, "energy": 8.672764, "activity_lines": [ 35.399918, 35.499839, 35.42872, 35.530623 ] }, { "date": "2025-03-21", "close": 34.047138, "volume": 2012, "typical_volume": 1818.85, "trend": 35.510482, "fair_value": 30.089657, "relative_strength": -7.449212, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.5571, "energy": 42.2435, "activity_lines": [ 34.86661, 35.253288, 35.282851, 35.435164 ] }, { "date": "2025-03-28", "close": 32.974018, "volume": 6070, "typical_volume": 2043.25, "trend": 35.468208, "fair_value": 30.131716, "relative_strength": -9.187946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.630871, "energy": 63.55004, "activity_lines": [ 34.125183, 34.825814, 35.04407, 35.271521 ] }, { "date": "2025-04-04", "close": 30.437557, "volume": 8109, "typical_volume": 2348.9, "trend": 35.334881, "fair_value": 30.147726, "relative_strength": -8.928563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.826628, "energy": 81.175567, "activity_lines": [ 32.726876, 33.967319, 34.577658, 34.946963 ] }, { "date": "2025-04-11", "close": 28.681543, "volume": 2077, "typical_volume": 2237.75, "trend": 35.146272, "fair_value": 30.125988, "relative_strength": -12.080028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.607115, "energy": 89.870233, "activity_lines": [ 31.107442, 32.867594, 33.977455, 34.517716 ] }, { "date": "2025-04-18", "close": 28.388874, "volume": 517, "typical_volume": 2144.4, "trend": 34.847099, "fair_value": 30.108708, "relative_strength": -15.075498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.655646, "energy": 93.435868, "activity_lines": [ 29.865226, 31.847687, 33.389794, 34.081755 ] }, { "date": "2025-04-25", "close": 28.096205, "volume": 1843, "typical_volume": 2068.75, "trend": 34.580445, "fair_value": 30.095312, "relative_strength": -18.551781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.906722, "energy": 92.829866, "activity_lines": [ 28.928685, 30.905826, 32.810031, 33.646213 ] }, { "date": "2025-05-02", "close": 27.608423, "volume": 1662, "typical_volume": 1944.3, "trend": 34.31054, "fair_value": 30.104704, "relative_strength": -22.117892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.593609, "energy": 92.022233, "activity_lines": [ 28.22628, 30.024272, 32.21819, 33.196405 ] }, { "date": "2025-05-09", "close": 28.096205, "volume": 557, "typical_volume": 1885.7, "trend": 34.066649, "fair_value": 30.123557, "relative_strength": -20.253266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.108281, "energy": 87.570204, "activity_lines": [ 28.044175, 29.3804, 31.709968, 32.79548 ] }, { "date": "2025-05-16", "close": 28.486431, "volume": 1765, "typical_volume": 1951.7, "trend": 33.839018, "fair_value": 30.131091, "relative_strength": -20.365589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.115395, "energy": 79.104048, "activity_lines": [ 28.148235, 28.949379, 31.271894, 32.435466 ] }, { "date": "2025-05-23", "close": 31.120449, "volume": 2728, "typical_volume": 2067.8, "trend": 33.650409, "fair_value": 30.148022, "relative_strength": -11.106203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.059672, "energy": 49.608327, "activity_lines": [ 29.143309, 29.130302, 31.11441, 32.260075 ] }, { "date": "2025-05-30", "close": 32.193569, "volume": 1259, "typical_volume": 2085.05, "trend": 33.523586, "fair_value": 30.165498, "relative_strength": -7.993953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.416734, "energy": 28.315645, "activity_lines": [ 30.313984, 29.566644, 31.075852, 32.166085 ] }, { "date": "2025-06-06", "close": 29.364437, "volume": 1703, "typical_volume": 2133.0, "trend": 33.30571, "fair_value": 30.152168, "relative_strength": -16.198672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.64051, "energy": 26.605289, "activity_lines": [ 30.268458, 29.522301, 30.780396, 31.897753 ] }, { "date": "2025-06-13", "close": 30.827782, "volume": 1873, "typical_volume": 2082.05, "trend": 33.084583, "fair_value": 30.160889, "relative_strength": -10.464761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.46542, "energy": 27.089792, "activity_lines": [ 30.593646, 29.809648, 30.649392, 31.737887 ] }, { "date": "2025-06-20", "close": 29.9, "volume": 3210, "typical_volume": 2184.2, "trend": 32.842285, "fair_value": 30.165664, "relative_strength": -11.878986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.021994, "energy": 21.370602, "activity_lines": [ 30.427468, 29.921213, 30.44861, 31.53243 ] }, { "date": "2025-06-27", "close": 28.5, "volume": 4933, "typical_volume": 2384.9, "trend": 32.595594, "fair_value": 30.163238, "relative_strength": -16.805369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.753136, "energy": 38.343615, "activity_lines": [ 29.700386, 29.756079, 30.143534, 31.252282 ] }, { "date": "2025-07-04", "close": 26.5, "volume": 5882, "typical_volume": 2640.4, "trend": 32.301749, "fair_value": 30.161596, "relative_strength": -22.371134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.54257, "energy": 59.83634, "activity_lines": [ 28.481333, 29.225288, 29.68183, 30.859018 ] }, { "date": "2025-07-11", "close": 27.0, "volume": 7563, "typical_volume": 2974.55, "trend": 32.021318, "fair_value": 30.140092, "relative_strength": -21.78793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.311532, "energy": 78.343864, "activity_lines": [ 27.808519, 28.814428, 29.314368, 30.51697 ] }, { "date": "2025-07-18", "close": 29.200001, "volume": 2993, "typical_volume": 3106.2, "trend": 31.827228, "fair_value": 30.140971, "relative_strength": -14.902788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.95435, "energy": 67.486386, "activity_lines": [ 28.026667, 28.814631, 29.19835, 30.334949 ] }, { "date": "2025-07-25", "close": 29.6, "volume": 2290, "typical_volume": 3044.7, "trend": 31.656227, "fair_value": 30.14678, "relative_strength": -13.55415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.564718, "energy": 46.163693, "activity_lines": [ 28.486667, 28.867492, 29.152335, 30.191257 ] }, { "date": "2025-08-01", "close": 30.0, "volume": 2334, "typical_volume": 3069.0, "trend": 31.501811, "fair_value": 30.152787, "relative_strength": -8.742993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.028792, "energy": 21.998904, "activity_lines": [ 29.1, 28.972833, 29.173954, 30.084404 ] }, { "date": "2025-08-08", "close": 27.9, "volume": 2243, "typical_volume": 3080.55, "trend": 31.270892, "fair_value": 30.151247, "relative_strength": -16.892215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.664961, "energy": 21.104798, "activity_lines": [ 28.913333, 28.716727, 29.016703, 29.852029 ] }, { "date": "2025-08-15", "close": 28.700001, "volume": 1754, "typical_volume": 2864.75, "trend": 31.073142, "fair_value": 30.145963, "relative_strength": -16.083783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.385937, "energy": 16.785276, "activity_lines": [ 28.9, 28.684142, 28.964915, 29.686165 ] }, { "date": "2025-08-22", "close": 28.6, "volume": 673, "typical_volume": 2492.95, "trend": 30.868808, "fair_value": 30.140039, "relative_strength": -16.500789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.745255, "energy": 20.36047, "activity_lines": [ 28.74, 28.645455, 28.923956, 29.526607 ] }, { "date": "2025-08-29", "close": 27.5, "volume": 4926, "typical_volume": 2635.4, "trend": 30.585532, "fair_value": 30.130021, "relative_strength": -16.599857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.298291, "energy": 34.655754, "activity_lines": [ 28.253334, 28.447273, 28.786985, 29.309265 ] }, { "date": "2025-09-05", "close": 26.200001, "volume": 7273, "typical_volume": 2973.2, "trend": 30.271931, "fair_value": 30.12054, "relative_strength": -19.783152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.458125, "energy": 54.229612, "activity_lines": [ 27.473334, 28.056364, 28.531831, 29.026327 ] }, { "date": "2025-09-12", "close": 25.6, "volume": 4870, "typical_volume": 3124.55, "trend": 29.915567, "fair_value": 30.107214, "relative_strength": -22.662965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.925999, "energy": 69.77036, "activity_lines": [ 26.746667, 27.598182, 28.229957, 28.724913 ] }, { "date": "2025-09-19", "close": 26.0, "volume": 5936, "typical_volume": 3338.25, "trend": 29.588795, "fair_value": 30.107097, "relative_strength": -21.138989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.59574, "energy": 70.883876, "activity_lines": [ 26.306667, 27.229091, 27.978065, 28.472295 ] }, { "date": "2025-09-26", "close": 25.799999, "volume": 1465, "typical_volume": 3383.65, "trend": 29.252105, "fair_value": 30.118118, "relative_strength": -21.427987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.176654, "energy": 72.524612, "activity_lines": [ 25.98, 26.841818, 27.714784, 28.227857 ] }, { "date": "2025-10-03", "close": 24.6, "volume": 4068, "typical_volume": 3498.8, "trend": 28.878667, "fair_value": 30.091284, "relative_strength": -26.464132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.699204, "energy": 76.455632, "activity_lines": [ 25.44, 26.298182, 27.348153, 27.927721 ] }, { "date": "2025-10-10", "close": 25.6, "volume": 2892, "typical_volume": 3507.0, "trend": 28.584088, "fair_value": 30.075001, "relative_strength": -21.368249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.089473, "energy": 61.306889, "activity_lines": [ 25.426666, 26.027273, 27.095266, 27.716194 ] }, { "date": "2025-10-17", "close": 24.5, "volume": 1382, "typical_volume": 3513.15, "trend": 28.26585, "fair_value": 30.042794, "relative_strength": -26.541593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.199191, "energy": 66.169816, "activity_lines": [ 25.086667, 25.636364, 26.763905, 27.452705 ] }, { "date": "2025-10-24", "close": 22.6, "volume": 9279, "typical_volume": 3891.95, "trend": 27.920049, "fair_value": 30.00314, "relative_strength": -31.970121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.459451, "energy": 79.630497, "activity_lines": [ 24.186667, 24.961818, 26.288228, 27.087166 ] }, { "date": "2025-10-31", "close": 21.799999, "volume": 4600, "typical_volume": 4028.3, "trend": 27.632131, "fair_value": 29.958949, "relative_strength": -32.838035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.214978, "energy": 85.944852, "activity_lines": [ 23.246666, 24.252727, 25.768571, 26.692324 ] }, { "date": "2025-11-07", "close": 21.5, "volume": 5782, "typical_volume": 4156.9, "trend": 27.392746, "fair_value": 29.911651, "relative_strength": -31.618729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.92524, "energy": 89.389224, "activity_lines": [ 22.473333, 23.612727, 25.263333, 26.296703 ] }, { "date": "2025-11-14", "close": 23.1, "volume": 5450, "typical_volume": 4182.75, "trend": 27.21645, "fair_value": 29.867514, "relative_strength": -27.689654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.221762, "energy": 78.952668, "activity_lines": [ 22.44, 23.372727, 24.950476, 26.019751 ] }, { "date": "2025-11-21", "close": 23.6, "volume": 3787, "typical_volume": 4078.0, "trend": 27.066577, "fair_value": 29.823032, "relative_strength": -23.575382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.251584, "energy": 55.62603, "activity_lines": [ 22.74, 23.28, 24.710952, 25.786432 ] }, { "date": "2025-11-28", "close": 24.0, "volume": 912, "typical_volume": 3745.45, "trend": 26.946296, "fair_value": 29.799449, "relative_strength": -22.850303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.603396, "energy": 45.890822, "activity_lines": [ 23.233333, 23.296364, 24.523333, 25.588588 ] }, { "date": "2025-12-05", "close": 26.0, "volume": 6842, "typical_volume": 3937.9, "trend": 26.876422, "fair_value": 29.795193, "relative_strength": -15.682389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.969533, "energy": 21.352373, "activity_lines": [ 24.3, 23.712727, 24.540476, 25.527537 ] }, { "date": "2025-12-12", "close": 26.200001, "volume": 2521, "typical_volume": 3949.45, "trend": 26.800208, "fair_value": 29.789852, "relative_strength": -13.880342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.14618, "energy": 22.05328, "activity_lines": [ 25.153334, 24.161818, 24.591905, 25.483897 ] }, { "date": "2025-12-19", "close": 27.200001, "volume": 2034, "typical_volume": 3934.45, "trend": 26.669526, "fair_value": 29.787374, "relative_strength": -10.829051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.762996, "energy": 26.030348, "activity_lines": [ 26.026667, 24.763637, 24.754762, 25.50969 ] }, { "date": "2025-12-26", "close": 26.799999, "volume": 1391, "typical_volume": 3891.85, "trend": 26.489741, "fair_value": 29.781739, "relative_strength": -10.974987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.882681, "energy": 35.312613, "activity_lines": [ 26.493333, 25.263636, 24.892857, 25.518108 ] }, { "date": "2026-01-02", "close": 27.799999, "volume": 2598, "typical_volume": 3934.05, "trend": 26.437593, "fair_value": 29.778967, "relative_strength": -8.03655, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.690975, "energy": 47.759121, "activity_lines": [ 27.08, 25.903636, 25.131428, 25.60264 ] }, { "date": "2026-01-09", "close": 28.799999, "volume": 3925, "typical_volume": 4096.65, "trend": 26.37, "fair_value": 29.783196, "relative_strength": -6.02097, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.848428, "energy": 65.599548, "activity_lines": [ 27.746666, 26.630909, 25.469524, 25.755054 ] }, { "date": "2026-01-16", "close": 27.200001, "volume": 2314, "typical_volume": 3966.05, "trend": 26.28, "fair_value": 29.781309, "relative_strength": -9.564664, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.036294, "energy": 54.03222, "activity_lines": [ 27.693333, 26.94, 25.654286, 25.808602 ] }, { "date": "2026-01-23", "close": 27.4, "volume": 1078, "typical_volume": 3656.3, "trend": 26.243333, "fair_value": 29.781295, "relative_strength": -7.104749, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.877396, "energy": 47.038986, "activity_lines": [ 27.64, 27.181818, 25.859524, 25.88086 ] }, { "date": "2026-01-30", "close": 27.9, "volume": 1065, "typical_volume": 3466.05, "trend": 26.29, "fair_value": 29.786852, "relative_strength": -4.663155, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.468592, "energy": 38.791971, "activity_lines": [ 27.74, 27.436364, 26.106667, 25.987742 ] }, { "date": "2026-02-06", "close": 26.6, "volume": 3184, "typical_volume": 3328.45, "trend": 26.276667, "fair_value": 29.78585, "relative_strength": -10.123207, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.433039, "energy": 21.447067, "activity_lines": [ 27.333333, 27.376364, 26.219048, 26.007742 ] }, { "date": "2026-02-13", "close": 24.700001, "volume": 2654, "typical_volume": 3387.9, "trend": 26.126667, "fair_value": 29.771486, "relative_strength": -16.263731, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -11.571633, "energy": 14.664903, "activity_lines": [ 26.373334, 26.923636, 26.147619, 25.906022 ] }, { "date": "2026-02-20", "close": 24.1, "volume": 2088, "typical_volume": 3288.9, "trend": 25.943333, "fair_value": 29.753275, "relative_strength": -19.572619, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.135239, "energy": 28.746115, "activity_lines": [ 25.486667, 26.385455, 26.024286, 25.775269 ] }, { "date": "2026-02-27", "close": 25.4, "volume": 1587, "typical_volume": 3223.65, "trend": 25.79, "fair_value": 29.746355, "relative_strength": -15.199619, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.162626, "energy": 26.960206, "activity_lines": [ 25.24, 26.121818, 26.027143, 25.740215 ] }, { "date": "2026-03-06", "close": 22.799999, "volume": 2074, "typical_volume": 3258.25, "trend": 25.62, "fair_value": 29.725726, "relative_strength": -17.580902, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -50.907868, "energy": 53.477623, "activity_lines": [ 24.26, 25.418182, 25.783333, 25.547312 ] }, { "date": "2026-03-13", "close": 23.9, "volume": 734, "typical_volume": 2831.0, "trend": 25.46, "fair_value": 29.718653, "relative_strength": -12.089802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.871238, "energy": 57.396274, "activity_lines": [ 23.986666, 24.987273, 25.652381, 25.436344 ] }, { "date": "2026-03-20", "close": 24.1, "volume": 1036, "typical_volume": 2652.8, "trend": 25.31, "fair_value": 29.722326, "relative_strength": -7.949312, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.481234, "energy": 54.725642, "activity_lines": [ 23.96, 24.663636, 25.534286, 25.348602 ] }, { "date": "2026-03-27", "close": 23.799999, "volume": 959, "typical_volume": 2411.65, "trend": 25.186667, "fair_value": 29.712838, "relative_strength": -8.972831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.964396, "energy": 53.817663, "activity_lines": [ 23.873333, 24.370909, 25.376667, 25.251183 ] }, { "date": "2026-04-03", "close": 23.6, "volume": 1130, "typical_volume": 2195.65, "trend": 25.1, "fair_value": 29.715671, "relative_strength": -12.08254, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.58217, "energy": 35.329532, "activity_lines": [ 23.74, 24.103636, 25.189047, 25.148817 ] }, { "date": "2026-04-10", "close": 25.700001, "volume": 6114, "typical_volume": 2312.0, "trend": 25.103333, "fair_value": 29.732557, "relative_strength": -7.214669, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.961779, "energy": 10.799098, "activity_lines": [ 24.426667, 24.287273, 25.199048, 25.187527 ] }, { "date": "2026-04-17", "close": 25.4, "volume": 4927, "typical_volume": 2512.75, "trend": 25.083333, "fair_value": 29.741014, "relative_strength": -9.642628, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.096971, "energy": 6.719424, "activity_lines": [ 24.82, 24.456364, 25.170476, 25.206667 ] }, { "date": "2026-04-24", "close": 24.231308, "volume": 3337, "typical_volume": 2337.5, "trend": 25.031044, "fair_value": 29.74198, "relative_strength": -10.585012, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.104249, "energy": 9.583544, "activity_lines": [ 24.723769, 24.434783, 25.023934, 25.151697 ] }, { "date": "2026-05-01", "close": 24.815195, "volume": 9249, "typical_volume": 2673.9, "trend": 25.038217, "fair_value": 29.744914, "relative_strength": -7.6809, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.640554, "energy": 10.18461, "activity_lines": [ 24.813414, 24.527886, 24.941423, 25.137772 ] }, { "date": "2026-05-08", "close": 24.523252, "volume": 7747, "typical_volume": 2959.55, "trend": 25.002325, "fair_value": 29.738288, "relative_strength": -8.419611, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.340283, "energy": 5.783097, "activity_lines": [ 24.738064, 24.554904, 24.837701, 25.104548 ] }, { "date": "2026-05-15", "close": 25.301767, "volume": 8482, "typical_volume": 3314.1, "trend": 25.029051, "fair_value": 29.73133, "relative_strength": -3.36874, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.8933, "energy": 3.579822, "activity_lines": [ 24.86067, 24.739412, 24.820871, 25.123867 ] }, { "date": "2026-05-22", "close": 26.080282, "volume": 7213, "typical_volume": 3544.85, "trend": 25.14506, "fair_value": 29.730545, "relative_strength": -1.93442, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.423747, "energy": 16.651095, "activity_lines": [ 25.269329, 25.019981, 24.885319, 25.191688 ] }, { "date": "2026-05-29", "close": 25.78834, "volume": 6807, "typical_volume": 3688.95, "trend": 25.278005, "fair_value": 29.71606, "relative_strength": -3.264418, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.457542, "energy": 16.260781, "activity_lines": [ 25.535322, 25.207828, 24.930152, 25.23319 ] }, { "date": "2026-06-05", "close": 26.664169, "volume": 1551, "typical_volume": 3650.8, "trend": 25.450144, "fair_value": 29.700684, "relative_strength": -0.098447, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.645454, "energy": 40.920505, "activity_lines": [ 25.989456, 25.52422, 25.072739, 25.32262 ] }, { "date": "2026-06-12", "close": 25.982969, "volume": 790, "typical_volume": 3636.4, "trend": 25.546243, "fair_value": 29.675618, "relative_strength": -3.683396, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.276462, "energy": 41.414678, "activity_lines": [ 26.093258, 25.664681, 25.153001, 25.356996 ] }, { "date": "2026-06-19", "close": 26.858799, "volume": 4132, "typical_volume": 3789.75, "trend": 25.654869, "fair_value": 29.652707, "relative_strength": -0.824698, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.087921, "energy": 47.323756, "activity_lines": [ 26.391689, 25.921058, 25.323424, 25.441677 ] }, { "date": "2026-06-26", "close": 27.9, "volume": 790, "typical_volume": 3670.05, "trend": 25.784869, "fair_value": 29.641939, "relative_strength": 3.69989, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.269771, "energy": 58.773965, "activity_lines": [ 26.933385, 26.345675, 25.597966, 25.586524 ] }, { "date": "2026-07-03", "close": 27.0, "volume": 372, "typical_volume": 3555.95, "trend": 25.818203, "fair_value": 29.622972, "relative_strength": -0.938279, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.266714, "energy": 47.372821, "activity_lines": [ 27.053767, 26.5612, 25.780604, 25.66492 ] }, { "date": "2026-07-10", "close": 26.700001, "volume": 1437, "typical_volume": 3523.4, "trend": 25.834869, "fair_value": 29.61059, "relative_strength": 0.095796, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.215611, "energy": 50.840438, "activity_lines": [ 26.993371, 26.671841, 25.923718, 25.72181 ] }, { "date": "2026-07-17", "close": 26.4, "volume": 2717, "typical_volume": 3579.9, "trend": 25.808203, "fair_value": 29.593853, "relative_strength": -0.688556, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.67611, "energy": 38.205273, "activity_lines": [ 26.830587, 26.693667, 26.025879, 25.75827 ] }, { "date": "2026-07-24", "close": 25.5, "volume": 6431, "typical_volume": 3797.75, "trend": 25.764869, "fair_value": 29.567094, "relative_strength": -4.033694, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 4.518428, "energy": 8.793779, "activity_lines": [ 26.34, 26.517734, 26.037565, 25.738386 ] }, { "date": "2026-07-31", "close": 25.5, "volume": 1720, "typical_volume": 3847.05, "trend": 25.688203, "fair_value": 29.537296, "relative_strength": -5.019359, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.50504, "energy": 19.866353, "activity_lines": [ 25.94, 26.338196, 26.036393, 25.721298 ] }, { "date": "2026-08-07", "close": 24.9, "volume": 5905, "typical_volume": 4090.5, "trend": 25.558203, "fair_value": 29.513375, "relative_strength": -9.025203, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.459633, "energy": 23.965611, "activity_lines": [ 25.5, 26.060118, 25.970459, 25.670446 ] } ], "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." } } }