{ "ticker": { "uuid": "685d0450-a0fc-46f9-a3c7-078b9bba5c59", "symbol": "GXI", "name": "Gerresheimer AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 54.321, "architecture_energy": 34.583, "architecture_maturity": 43.669, "architecture_confidence": 53.515, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 36.24, "rotation_up": 42.1, "upward_expansion": 73.87, "deceleration": 65.92, "rotation_down": 27.34, "downward_expansion": 9.54 }, "activity_lines": [ 27.162667, 27.16, 26.453905, 25.154452 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 26.34, "trend_reference": 24.019667, "distance_from_trend": 0.096601, "trend_direction": "Improving", "fair_value": 65.277021, "distance_from_fair_value": -0.596489, "fair_value_direction": "Improving", "relative_strength": -23.31022, "relative_strength_direction": "Improving", "price_momentum": 0.024106, "excess_performance": -0.150141, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096601, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010008, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.596489, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.016381, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.233102, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.084485, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.024106, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.055905, "read": "Demand-led" } ], "volume": { "latest": 225, "relative_activity": 0.075661, "balance": 2.055905, "dry_up": 0.866064, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.08253, "annualized_volatility": 0.790143, "from_high_reference": -0.432572, "from_low_reference": 0.71039 }, "levels": { "trend_reference": 24.019667, "fair_value_reference": 65.277021, "structural_low": 15.4, "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": 13, "median_return": 0.014045, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": 0.02864, "regime_survival": 0.692308, "best_return": 0.172613, "worst_return": -0.182977, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.000964, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.040778, "regime_survival": 0.4, "best_return": 0.283528, "worst_return": -0.190331, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.17276, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.219857, "regime_survival": 0.25, "best_return": 0.580861, "worst_return": -0.229971, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.392603, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.237331, "regime_survival": 0.0, "best_return": 0.333114, "worst_return": -0.457024, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-20", "end": "2023-11-10", "tenure": "New", "return": -0.025415, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2024-02-16", "tenure": "Established", "return": 0.073942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-03-01", "tenure": "New", "return": 0.030799, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-08", "end": "2024-03-29", "tenure": "New", "return": 0.00382, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-05", "end": "2024-04-19", "tenure": "New", "return": -0.045367, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-31", "tenure": "Developing", "return": 0.039526, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-06-21", "tenure": "New", "return": -0.121771, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-09-27", "tenure": "Established", "return": -0.039148, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2025-02-21", "tenure": "Established", "return": 0.018389, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.095443, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.044964, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2026-05-08", "tenure": "Extended", "return": -0.4587, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": 0.125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.080949, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 115.350983, "volume": 59, "typical_volume": 18.65, "trend": 94.498489, "fair_value": 78.732203, "relative_strength": 46.777176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.03272, "energy": 64.832139, "activity_lines": [ 110.603946, 108.50426, 105.631915, 101.432757 ] }, { "date": "2023-08-25", "close": 113.375793, "volume": 0, "typical_volume": 18.65, "trend": 96.037218, "fair_value": 78.871081, "relative_strength": 43.065953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.997722, "energy": 63.460905, "activity_lines": [ 112.111672, 109.563679, 106.734826, 102.650648 ] }, { "date": "2023-09-01", "close": 120.091431, "volume": 0, "typical_volume": 18.65, "trend": 97.695669, "fair_value": 79.068177, "relative_strength": 45.902534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.68145, "energy": 90.758752, "activity_lines": [ 115.357564, 111.754342, 108.342111, 104.202533 ] }, { "date": "2023-09-08", "close": 110.215492, "volume": 23, "typical_volume": 19.8, "trend": 99.034685, "fair_value": 79.201055, "relative_strength": 33.338308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.807477, "energy": 62.557966, "activity_lines": [ 114.416058, 111.928518, 108.870229, 105.010263 ] }, { "date": "2023-09-15", "close": 102.413498, "volume": 100, "typical_volume": 24.8, "trend": 99.996486, "fair_value": 79.264809, "relative_strength": 20.99733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.049023, "energy": 30.403564, "activity_lines": [ 110.353755, 110.536908, 108.539786, 105.228251 ] }, { "date": "2023-09-22", "close": 102.215973, "volume": 0, "typical_volume": 24.8, "trend": 100.706017, "fair_value": 79.343071, "relative_strength": 20.324493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.347641, "energy": 14.119082, "activity_lines": [ 106.995933, 109.191984, 108.157961, 105.371444 ] }, { "date": "2023-09-29", "close": 98.117462, "volume": 77, "typical_volume": 28.65, "trend": 101.148765, "fair_value": 79.389297, "relative_strength": 14.129346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.916715, "energy": 29.321264, "activity_lines": [ 103.147607, 107.166518, 107.355333, 105.20444 ] }, { "date": "2023-10-06", "close": 100.833344, "volume": 94, "typical_volume": 33.35, "trend": 101.594182, "fair_value": 79.442012, "relative_strength": 17.992701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.537909, "energy": 36.762546, "activity_lines": [ 101.221798, 105.775805, 106.816913, 105.18409 ] }, { "date": "2023-10-13", "close": 102.018463, "volume": 42, "typical_volume": 35.45, "trend": 102.168591, "fair_value": 79.541759, "relative_strength": 17.313792, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.019142, "energy": 34.417686, "activity_lines": [ 100.974901, 104.706511, 106.38305, 105.211463 ] }, { "date": "2023-10-20", "close": 95.204056, "volume": 0, "typical_volume": 35.45, "trend": 102.317351, "fair_value": 79.619058, "relative_strength": 12.715158, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.196783, "energy": 51.888457, "activity_lines": [ 99.003004, 102.405416, 105.288101, 104.762138 ] }, { "date": "2023-10-27", "close": 87.451447, "volume": 0, "typical_volume": 35.45, "trend": 102.261385, "fair_value": 79.661526, "relative_strength": 3.331718, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.084101, "energy": 65.499208, "activity_lines": [ 94.927533, 99.035924, 103.495618, 103.803048 ] }, { "date": "2023-11-03", "close": 88.142761, "volume": 0, "typical_volume": 33.9, "trend": 102.366762, "fair_value": 79.658675, "relative_strength": -1.804317, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.141373, "energy": 69.281407, "activity_lines": [ 92.066802, 96.299391, 101.854801, 102.892169 ] }, { "date": "2023-11-10", "close": 92.784454, "volume": 11, "typical_volume": 21.7, "trend": 102.426734, "fair_value": 79.655548, "relative_strength": 2.214728, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.956216, "energy": 78.586768, "activity_lines": [ 91.418282, 94.865584, 100.752693, 102.273956 ] }, { "date": "2023-11-17", "close": 82.809753, "volume": 0, "typical_volume": 21.2, "trend": 102.321803, "fair_value": 79.5812, "relative_strength": -10.996797, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.455306, "energy": 86.407263, "activity_lines": [ 87.981454, 92.114685, 98.772801, 101.008344 ] }, { "date": "2023-11-24", "close": 85.871292, "volume": 0, "typical_volume": 20.3, "trend": 101.998392, "fair_value": 79.551655, "relative_strength": -7.499302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.214693, "energy": 78.669831, "activity_lines": [ 86.84572, 90.418716, 97.176426, 99.947021 ] }, { "date": "2023-12-01", "close": 87.451447, "volume": 113, "typical_volume": 25.95, "trend": 101.719518, "fair_value": 79.537699, "relative_strength": -7.8611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.787218, "energy": 67.499574, "activity_lines": [ 86.858889, 89.310816, 95.830946, 99.008508 ] }, { "date": "2023-12-08", "close": 84.735573, "volume": 0, "typical_volume": 25.95, "trend": 101.234593, "fair_value": 79.526962, "relative_strength": -11.215722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.294371, "energy": 70.050675, "activity_lines": [ 85.966766, 87.977566, 94.31405, 97.91277 ] }, { "date": "2023-12-15", "close": 91.994385, "volume": 65, "typical_volume": 29.2, "trend": 100.998137, "fair_value": 79.571856, "relative_strength": -5.473415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.475269, "energy": 48.253877, "activity_lines": [ 87.721393, 88.207407, 93.589109, 97.316627 ] }, { "date": "2023-12-22", "close": 94.315224, "volume": 100, "typical_volume": 34.2, "trend": 100.826025, "fair_value": 79.636481, "relative_strength": -4.620068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.899849, "energy": 32.345601, "activity_lines": [ 90.302304, 89.019927, 93.155038, 96.885472 ] }, { "date": "2023-12-29", "close": 93.426392, "volume": 0, "typical_volume": 34.2, "trend": 100.481105, "fair_value": 79.699352, "relative_strength": -6.736268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.008637, "energy": 23.477303, "activity_lines": [ 91.819907, 89.8109, 92.674879, 96.408076 ] }, { "date": "2024-01-05", "close": 89.426636, "volume": 0, "typical_volume": 31.25, "trend": 99.946158, "fair_value": 79.741436, "relative_strength": -10.9145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.916292, "energy": 25.065234, "activity_lines": [ 91.500584, 89.906966, 91.91161, 95.694884 ] }, { "date": "2024-01-12", "close": 91.64872, "volume": 0, "typical_volume": 31.25, "trend": 99.386521, "fair_value": 79.794125, "relative_strength": -8.214051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.766474, "energy": 21.70577, "activity_lines": [ 91.790277, 90.371135, 91.483418, 95.159566 ] }, { "date": "2024-01-19", "close": 89.278496, "volume": 0, "typical_volume": 31.25, "trend": 98.764337, "fair_value": 79.817059, "relative_strength": -9.516201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.460461, "energy": 25.173553, "activity_lines": [ 90.829018, 90.340609, 90.932951, 94.507435 ] }, { "date": "2024-01-26", "close": 94.068329, "volume": 0, "typical_volume": 30.1, "trend": 98.496041, "fair_value": 79.886472, "relative_strength": -8.165992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.47305, "energy": 18.667413, "activity_lines": [ 91.64543, 91.244707, 90.985388, 94.204467 ] }, { "date": "2024-02-02", "close": 91.846245, "volume": 0, "typical_volume": 25.1, "trend": 97.992368, "fair_value": 79.912215, "relative_strength": -10.292082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.886034, "energy": 14.90664, "activity_lines": [ 91.737607, 91.540088, 90.903089, 93.775448 ] }, { "date": "2024-02-09", "close": 89.821671, "volume": 0, "typical_volume": 25.1, "trend": 97.460713, "fair_value": 79.908296, "relative_strength": -10.502548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.828232, "energy": 21.249794, "activity_lines": [ 91.260269, 91.358729, 90.678294, 93.248306 ] }, { "date": "2024-02-16", "close": 88.932846, "volume": 0, "typical_volume": 21.25, "trend": 96.896139, "fair_value": 79.890793, "relative_strength": -12.914537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.344733, "energy": 22.727533, "activity_lines": [ 90.46032, 90.972671, 90.427869, 92.698121 ] }, { "date": "2024-02-23", "close": 102.611015, "volume": 0, "typical_volume": 16.55, "trend": 96.761167, "fair_value": 80.040751, "relative_strength": 0.683588, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.289406, "energy": 13.801206, "activity_lines": [ 94.400819, 92.997238, 91.523863, 93.066823 ] }, { "date": "2024-03-01", "close": 105.771309, "volume": 0, "typical_volume": 14.45, "trend": 96.873095, "fair_value": 80.215214, "relative_strength": 3.491635, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.391228, "energy": 50.686996, "activity_lines": [ 98.505915, 95.403375, 92.912372, 93.648122 ] }, { "date": "2024-03-08", "close": 103.401085, "volume": 0, "typical_volume": 14.45, "trend": 96.520853, "fair_value": 80.364473, "relative_strength": 0.839089, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.026579, "energy": 58.326602, "activity_lines": [ 101.040738, 97.170269, 94.057275, 94.069283 ] }, { "date": "2024-03-15", "close": 104.092407, "volume": 0, "typical_volume": 14.45, "trend": 96.145567, "fair_value": 80.519377, "relative_strength": 0.35767, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.580499, "energy": 69.576787, "activity_lines": [ 103.035679, 98.8815, 95.228985, 94.55777 ] }, { "date": "2024-03-22", "close": 106.462631, "volume": 0, "typical_volume": 14.45, "trend": 95.915128, "fair_value": 80.697058, "relative_strength": -0.002534, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.714634, "energy": 75.038712, "activity_lines": [ 104.869311, 100.757031, 96.547188, 95.223387 ] }, { "date": "2024-03-29", "close": 103.796127, "volume": 0, "typical_volume": 13.9, "trend": 95.371951, "fair_value": 80.843389, "relative_strength": -3.607043, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.242148, "energy": 76.004583, "activity_lines": [ 104.645457, 101.878399, 97.524201, 95.731839 ] }, { "date": "2024-04-05", "close": 102.314728, "volume": 0, "typical_volume": 13.9, "trend": 95.108592, "fair_value": 80.972943, "relative_strength": -5.928265, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.438581, "energy": 65.282246, "activity_lines": [ 103.848796, 102.466465, 98.307691, 96.17976 ] }, { "date": "2024-04-12", "close": 98.413742, "volume": 150, "typical_volume": 21.4, "trend": 94.975267, "fair_value": 81.068694, "relative_strength": -9.201012, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.778215, "energy": 35.447409, "activity_lines": [ 101.982245, 102.195326, 98.626778, 96.392995 ] }, { "date": "2024-04-19", "close": 97.67305, "volume": 0, "typical_volume": 15.75, "trend": 94.823836, "fair_value": 81.15636, "relative_strength": -9.498794, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.784731, "energy": 22.248144, "activity_lines": [ 100.201286, 101.670106, 98.815597, 96.567046 ] }, { "date": "2024-04-26", "close": 99.944504, "volume": 0, "typical_volume": 15.75, "trend": 94.884738, "fair_value": 81.254946, "relative_strength": -7.621114, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.132943, "energy": 23.474142, "activity_lines": [ 99.605435, 101.415126, 99.172071, 96.897412 ] }, { "date": "2024-05-03", "close": 101.129623, "volume": 96, "typical_volume": 17.3, "trend": 94.894614, "fair_value": 81.3584, "relative_strength": -7.541743, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.584555, "energy": 21.743848, "activity_lines": [ 99.839166, 101.175411, 99.568989, 97.300307 ] }, { "date": "2024-05-10", "close": 99.450706, "volume": 187, "typical_volume": 21.65, "trend": 94.809022, "fair_value": 81.43926, "relative_strength": -11.194615, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.985731, "energy": 18.305322, "activity_lines": [ 99.691025, 100.657372, 99.76251, 97.594249 ] }, { "date": "2024-05-17", "close": 97.969315, "volume": 0, "typical_volume": 21.65, "trend": 94.901197, "fair_value": 81.505467, "relative_strength": -13.72357, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.564316, "energy": 14.809286, "activity_lines": [ 99.240022, 99.984909, 99.790491, 97.798139 ] }, { "date": "2024-05-24", "close": 106.166351, "volume": 0, "typical_volume": 21.65, "trend": 95.525027, "fair_value": 81.63514, "relative_strength": -6.19069, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.983138, "energy": 34.569138, "activity_lines": [ 101.550992, 100.901576, 100.577509, 98.524923 ] }, { "date": "2024-05-31", "close": 103.894882, "volume": 0, "typical_volume": 21.65, "trend": 96.050098, "fair_value": 81.756016, "relative_strength": -6.443649, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.576964, "energy": 34.331636, "activity_lines": [ 102.538586, 101.36754, 101.068484, 99.064913 ] }, { "date": "2024-06-07", "close": 108.311119, "volume": 0, "typical_volume": 21.65, "trend": 96.567653, "fair_value": 81.888492, "relative_strength": -1.438534, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.84719, "energy": 62.734523, "activity_lines": [ 104.734901, 102.683143, 101.921738, 99.855947 ] }, { "date": "2024-06-14", "close": 100.817268, "volume": 0, "typical_volume": 21.65, "trend": 97.167904, "fair_value": 81.954173, "relative_strength": -4.695939, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.935239, "energy": 51.043103, "activity_lines": [ 103.954499, 102.554137, 101.97066, 100.130116 ] }, { "date": "2024-06-21", "close": 95.121933, "volume": 0, "typical_volume": 21.65, "trend": 97.476259, "fair_value": 81.991647, "relative_strength": -11.005506, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.746323, "energy": 7.743617, "activity_lines": [ 101.184547, 101.416842, 101.445032, 99.998118 ] }, { "date": "2024-06-28", "close": 100.817268, "volume": 50, "typical_volume": 24.15, "trend": 97.921786, "fair_value": 82.060402, "relative_strength": -5.874183, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.692536, "energy": 9.820887, "activity_lines": [ 100.502866, 101.374913, 101.446218, 100.213667 ] }, { "date": "2024-07-05", "close": 102.216118, "volume": 0, "typical_volume": 24.15, "trend": 98.504471, "fair_value": 82.111371, "relative_strength": -6.709489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.70011, "energy": 18.345512, "activity_lines": [ 100.644074, 101.530153, 101.528268, 100.49072 ] }, { "date": "2024-07-12", "close": 101.416771, "volume": 0, "typical_volume": 24.15, "trend": 98.81855, "fair_value": 82.223024, "relative_strength": -7.013864, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.507486, "energy": 16.129111, "activity_lines": [ 100.630751, 101.498756, 101.470936, 100.678611 ] }, { "date": "2024-07-19", "close": 95.971245, "volume": 100, "typical_volume": 29.15, "trend": 98.873751, "fair_value": 82.298539, "relative_strength": -10.781863, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.590227, "energy": 7.320956, "activity_lines": [ 99.261875, 100.472042, 100.900669, 100.494913 ] }, { "date": "2024-07-26", "close": 95.071983, "volume": 200, "typical_volume": 39.15, "trend": 98.928604, "fair_value": 82.379975, "relative_strength": -11.191305, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.073511, "energy": 26.063688, "activity_lines": [ 97.916314, 99.345088, 100.291425, 100.249638 ] }, { "date": "2024-08-02", "close": 92.973701, "volume": 0, "typical_volume": 39.15, "trend": 99.04684, "fair_value": 82.426742, "relative_strength": -9.252777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.29039, "energy": 46.597521, "activity_lines": [ 95.874655, 97.889308, 99.522007, 99.865451 ] }, { "date": "2024-08-09", "close": 99.118652, "volume": 0, "typical_volume": 39.15, "trend": 99.295837, "fair_value": 82.527046, "relative_strength": -3.654154, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.901411, "energy": 38.467354, "activity_lines": [ 96.404218, 97.790657, 99.390769, 99.870084 ] }, { "date": "2024-08-16", "close": 96.570747, "volume": 0, "typical_volume": 39.15, "trend": 99.538912, "fair_value": 82.598716, "relative_strength": -7.191929, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.446562, "energy": 33.035764, "activity_lines": [ 96.290977, 97.315592, 99.051844, 99.694272 ] }, { "date": "2024-08-23", "close": 94.622345, "volume": 0, "typical_volume": 39.15, "trend": 99.55738, "fair_value": 82.656359, "relative_strength": -9.941275, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.495991, "energy": 43.664081, "activity_lines": [ 95.851337, 96.699733, 98.561764, 99.377074 ] }, { "date": "2024-08-30", "close": 103.515045, "volume": 0, "typical_volume": 31.65, "trend": 99.94634, "fair_value": 82.755323, "relative_strength": -1.870881, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.705982, "energy": 10.999528, "activity_lines": [ 98.465857, 97.813364, 98.955238, 99.632407 ] }, { "date": "2024-09-06", "close": 103.115372, "volume": 0, "typical_volume": 31.65, "trend": 100.389463, "fair_value": 82.856338, "relative_strength": 2.241557, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.650854, "energy": 13.149531, "activity_lines": [ 100.384281, 98.701725, 99.286357, 99.836861 ] }, { "date": "2024-09-13", "close": 102.515869, "volume": 0, "typical_volume": 31.65, "trend": 100.84223, "fair_value": 82.984877, "relative_strength": 1.301625, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.197738, "energy": 14.917384, "activity_lines": [ 101.42676, 99.439301, 99.534463, 99.974048 ] }, { "date": "2024-09-20", "close": 99.468376, "volume": 0, "typical_volume": 26.85, "trend": 100.737476, "fair_value": 83.084347, "relative_strength": -1.728707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.426383, "energy": 18.087016, "activity_lines": [ 101.226927, 99.617338, 99.480088, 99.885412 ] }, { "date": "2024-09-27", "close": 96.870499, "volume": 0, "typical_volume": 17.5, "trend": 100.440782, "fair_value": 83.192073, "relative_strength": -4.856055, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.030792, "energy": 14.645685, "activity_lines": [ 99.96796, 99.358459, 99.186207, 99.63593 ] }, { "date": "2024-10-04", "close": 78.785339, "volume": 139, "typical_volume": 24.45, "trend": 99.620257, "fair_value": 83.207854, "relative_strength": -21.221714, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.41734, "energy": 67.009935, "activity_lines": [ 92.530729, 95.795019, 97.182216, 98.238805 ] }, { "date": "2024-10-11", "close": 81.483131, "volume": 0, "typical_volume": 24.45, "trend": 98.866615, "fair_value": 83.237546, "relative_strength": -18.087839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.37603, "energy": 81.051253, "activity_lines": [ 87.641409, 93.018208, 95.52651, 97.068667 ] }, { "date": "2024-10-18", "close": 85.03022, "volume": 25, "typical_volume": 25.7, "trend": 98.152201, "fair_value": 83.304429, "relative_strength": -14.345773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.015322, "energy": 80.591785, "activity_lines": [ 85.376601, 91.095241, 94.326161, 96.175997 ] }, { "date": "2024-10-25", "close": 83.831207, "volume": 0, "typical_volume": 25.7, "trend": 97.486704, "fair_value": 83.353786, "relative_strength": -14.174776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.36134, "energy": 83.508434, "activity_lines": [ 83.877832, 89.210425, 93.101452, 95.252062 ] }, { "date": "2024-11-01", "close": 78.58551, "volume": 0, "typical_volume": 25.7, "trend": 96.69573, "fair_value": 83.366133, "relative_strength": -17.989321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.005898, "energy": 86.557612, "activity_lines": [ 81.672976, 86.603474, 91.493724, 94.03263 ] }, { "date": "2024-11-08", "close": 75.837769, "volume": 100, "typical_volume": 30.7, "trend": 95.943197, "fair_value": 83.372245, "relative_strength": -20.91179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.859096, "energy": 88.832758, "activity_lines": [ 79.771205, 83.788513, 89.730172, 92.686955 ] }, { "date": "2024-11-15", "close": 72.94014, "volume": 40, "typical_volume": 30.2, "trend": 95.118767, "fair_value": 83.334259, "relative_strength": -23.796484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.052457, "energy": 90.406198, "activity_lines": [ 77.100063, 80.949933, 87.782485, 91.202887 ] }, { "date": "2024-11-22", "close": 73.689529, "volume": 0, "typical_volume": 30.2, "trend": 94.243601, "fair_value": 83.314915, "relative_strength": -22.200232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.255414, "energy": 87.434666, "activity_lines": [ 75.248249, 78.796246, 86.038916, 89.820355 ] }, { "date": "2024-11-29", "close": 74.73867, "volume": 7, "typical_volume": 30.55, "trend": 93.363903, "fair_value": 83.309676, "relative_strength": -20.942456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.643586, "energy": 85.076124, "activity_lines": [ 74.502196, 77.357427, 84.531106, 88.561973 ] }, { "date": "2024-12-06", "close": 75.637924, "volume": 33, "typical_volume": 27.2, "trend": 92.570143, "fair_value": 83.289906, "relative_strength": -20.731439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.683966, "energy": 74.521763, "activity_lines": [ 74.662062, 76.531741, 83.235978, 87.418361 ] }, { "date": "2024-12-13", "close": 75.637924, "volume": 0, "typical_volume": 17.2, "trend": 91.825764, "fair_value": 83.254145, "relative_strength": -21.754758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.953441, "energy": 60.834029, "activity_lines": [ 75.018435, 76.092101, 82.037675, 86.32596 ] }, { "date": "2024-12-20", "close": 67.394691, "volume": 0, "typical_volume": 17.2, "trend": 90.533375, "fair_value": 83.173846, "relative_strength": -28.689525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.853723, "energy": 64.855337, "activity_lines": [ 72.640386, 74.210917, 80.146846, 84.749762 ] }, { "date": "2024-12-27", "close": 71.141617, "volume": 81, "typical_volume": 21.25, "trend": 89.441599, "fair_value": 83.10834, "relative_strength": -25.158137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.918509, "energy": 57.825959, "activity_lines": [ 71.881009, 73.267146, 78.734672, 83.498681 ] }, { "date": "2025-01-03", "close": 69.393051, "volume": 0, "typical_volume": 21.25, "trend": 88.14433, "fair_value": 83.062992, "relative_strength": -27.026359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.218804, "energy": 73.564973, "activity_lines": [ 70.708638, 72.257973, 77.289191, 82.205226 ] }, { "date": "2025-01-10", "close": 67.544571, "volume": 141, "typical_volume": 28.3, "trend": 87.035241, "fair_value": 83.004564, "relative_strength": -28.536217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.723636, "energy": 85.82655, "activity_lines": [ 69.276481, 71.175226, 75.797083, 80.876209 ] }, { "date": "2025-01-17", "close": 66.695267, "volume": 0, "typical_volume": 28.3, "trend": 86.087685, "fair_value": 82.970213, "relative_strength": -31.380933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.362826, "energy": 87.218073, "activity_lines": [ 68.10078, 70.138804, 74.35303, 79.563953 ] }, { "date": "2025-01-24", "close": 65.546211, "volume": 30, "typical_volume": 29.8, "trend": 84.911983, "fair_value": 82.904819, "relative_strength": -33.189476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.624311, "energy": 88.072424, "activity_lines": [ 67.138237, 69.05969, 72.974875, 78.238696 ] }, { "date": "2025-01-31", "close": 67.894279, "volume": 0, "typical_volume": 29.8, "trend": 83.767922, "fair_value": 82.850785, "relative_strength": -30.662571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.957826, "energy": 66.236768, "activity_lines": [ 67.081616, 68.541932, 71.999247, 77.14078 ] }, { "date": "2025-02-07", "close": 79.784523, "volume": 35, "typical_volume": 31.55, "trend": 83.046847, "fair_value": 82.882812, "relative_strength": -18.453939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.866504, "energy": 33.722714, "activity_lines": [ 71.204898, 70.291405, 72.320888, 76.883786 ] }, { "date": "2025-02-14", "close": 78.135872, "volume": 647, "typical_volume": 63.9, "trend": 82.452334, "fair_value": 82.929486, "relative_strength": -23.73135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.396996, "energy": 22.340648, "activity_lines": [ 74.085865, 71.649381, 72.579246, 76.566949 ] }, { "date": "2025-02-21", "close": 80.234161, "volume": 282, "typical_volume": 71.05, "trend": 81.95774, "fair_value": 83.039429, "relative_strength": -20.364913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.614592, "energy": 27.360234, "activity_lines": [ 76.960175, 73.343447, 73.126655, 76.423841 ] }, { "date": "2025-02-28", "close": 81.133415, "volume": 774, "typical_volume": 109.75, "trend": 81.563064, "fair_value": 83.198187, "relative_strength": -20.677491, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 13.190189, "energy": 36.381181, "activity_lines": [ 79.231644, 75.117445, 73.752807, 76.370659 ] }, { "date": "2025-03-07", "close": 80.184196, "volume": 416, "typical_volume": 129.3, "trend": 80.931916, "fair_value": 83.342558, "relative_strength": -23.502963, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 7.729743, "energy": 33.166022, "activity_lines": [ 80.147559, 76.469063, 74.290223, 76.2817 ] }, { "date": "2025-03-14", "close": 77.036781, "volume": 0, "typical_volume": 129.3, "trend": 80.280783, "fair_value": 83.430159, "relative_strength": -25.89214, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 5.189691, "energy": 26.014996, "activity_lines": [ 79.195009, 77.084013, 74.550962, 76.030401 ] }, { "date": "2025-03-21", "close": 76.637108, "volume": 312, "typical_volume": 144.9, "trend": 79.681276, "fair_value": 83.500745, "relative_strength": -24.871493, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 1.942073, "energy": 19.076752, "activity_lines": [ 78.292416, 77.487319, 74.805991, 75.795325 ] }, { "date": "2025-03-28", "close": 73.389771, "volume": 0, "typical_volume": 139.9, "trend": 78.6771, "fair_value": 83.565275, "relative_strength": -25.911768, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -26.069451, "energy": 15.604364, "activity_lines": [ 76.407296, 77.13488, 74.761028, 75.389422 ] }, { "date": "2025-04-04", "close": 55.554409, "volume": 0, "typical_volume": 137.9, "trend": 77.091734, "fair_value": 83.482572, "relative_strength": -37.048942, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.459318, "energy": 51.387047, "activity_lines": [ 69.033347, 73.417931, 73.029116, 73.897635 ] }, { "date": "2025-04-11", "close": 53.056458, "volume": 508, "typical_volume": 163.3, "trend": 75.443087, "fair_value": 83.407842, "relative_strength": -38.448747, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.160786, "energy": 88.01338, "activity_lines": [ 62.532016, 69.428477, 71.142093, 72.346972 ] }, { "date": "2025-04-18", "close": 51.357853, "volume": 0, "typical_volume": 162.95, "trend": 73.839403, "fair_value": 83.293933, "relative_strength": -42.772538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.693141, "energy": 94.741757, "activity_lines": [ 57.272998, 65.399965, 69.191551, 70.793086 ] }, { "date": "2025-04-25", "close": 55.404533, "volume": 0, "typical_volume": 161.3, "trend": 72.457204, "fair_value": 83.239484, "relative_strength": -39.740447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.781281, "energy": 88.012934, "activity_lines": [ 55.074803, 62.624062, 67.737744, 69.603739 ] }, { "date": "2025-05-02", "close": 60.750145, "volume": 0, "typical_volume": 161.3, "trend": 71.856031, "fair_value": 83.229448, "relative_strength": -34.112934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.148794, "energy": 85.089267, "activity_lines": [ 56.073983, 61.233385, 66.889392, 68.848445 ] }, { "date": "2025-05-09", "close": 60.600269, "volume": 0, "typical_volume": 161.3, "trend": 71.159936, "fair_value": 83.193851, "relative_strength": -36.476393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.019546, "energy": 71.625841, "activity_lines": [ 57.865846, 60.169713, 66.097661, 68.122267 ] }, { "date": "2025-05-16", "close": 60.100681, "volume": 0, "typical_volume": 157.25, "trend": 70.328951, "fair_value": 83.17996, "relative_strength": -38.131598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.874366, "energy": 49.241027, "activity_lines": [ 59.154789, 59.388536, 65.290705, 67.408767 ] }, { "date": "2025-05-23", "close": 58.052357, "volume": 0, "typical_volume": 157.25, "trend": 69.469656, "fair_value": 83.137871, "relative_strength": -38.684866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.467025, "energy": 39.886332, "activity_lines": [ 59.291343, 58.600092, 64.341246, 66.616728 ] }, { "date": "2025-05-30", "close": 63.597809, "volume": 969, "typical_volume": 198.65, "trend": 68.970066, "fair_value": 83.112879, "relative_strength": -32.656459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.087407, "energy": 30.430985, "activity_lines": [ 60.83008, 59.165083, 63.973928, 66.2379 ] }, { "date": "2025-06-06", "close": 47.880001, "volume": 0, "typical_volume": 198.65, "trend": 68.038141, "fair_value": 82.997079, "relative_strength": -48.681235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.418311, "energy": 52.950081, "activity_lines": [ 56.58333, 57.109369, 62.128471, 64.87725 ] }, { "date": "2025-06-13", "close": 46.720001, "volume": 0, "typical_volume": 197.15, "trend": 67.164136, "fair_value": 82.847246, "relative_strength": -47.99606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.228761, "energy": 70.504239, "activity_lines": [ 52.807922, 55.306559, 60.262133, 63.501886 ] }, { "date": "2025-06-20", "close": 46.619999, "volume": 187, "typical_volume": 206.5, "trend": 66.261818, "fair_value": 82.735885, "relative_strength": -47.087026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.40175, "energy": 81.926589, "activity_lines": [ 49.924532, 53.646194, 58.475921, 62.176458 ] }, { "date": "2025-06-27", "close": 48.200001, "volume": 21, "typical_volume": 205.8, "trend": 65.377196, "fair_value": 82.680648, "relative_strength": -45.458065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.092856, "energy": 83.827024, "activity_lines": [ 48.466521, 52.390127, 56.941491, 61.01118 ] }, { "date": "2025-07-04", "close": 48.759998, "volume": 208, "typical_volume": 183.85, "trend": 64.481265, "fair_value": 82.626184, "relative_strength": -43.496443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.285254, "energy": 86.446232, "activity_lines": [ 47.852, 51.293294, 55.610796, 59.939102 ] }, { "date": "2025-07-11", "close": 48.98, "volume": 2761, "typical_volume": 307.8, "trend": 63.592668, "fair_value": 82.584708, "relative_strength": -43.586844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.163283, "energy": 80.172261, "activity_lines": [ 48.3, 50.357271, 54.440939, 58.939021 ] }, { "date": "2025-07-18", "close": 46.720001, "volume": 1422, "typical_volume": 340.2, "trend": 62.903511, "fair_value": 82.508094, "relative_strength": -45.364373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.089941, "energy": 64.723065, "activity_lines": [ 47.921333, 49.224342, 53.204674, 57.850462 ] }, { "date": "2025-07-25", "close": 49.32, "volume": 600, "typical_volume": 349.4, "trend": 62.176124, "fair_value": 82.45722, "relative_strength": -42.583009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.086503, "energy": 54.39688, "activity_lines": [ 48.409333, 48.816509, 52.379901, 56.974106 ] }, { "date": "2025-08-01", "close": 42.200001, "volume": 0, "typical_volume": 349.4, "trend": 61.269689, "fair_value": 82.351318, "relative_strength": -48.679202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.758337, "energy": 62.848129, "activity_lines": [ 46.344, 47.310142, 51.024005, 55.685324 ] }, { "date": "2025-08-08", "close": 45.939999, "volume": 605, "typical_volume": 364.05, "trend": 60.549537, "fair_value": 82.270017, "relative_strength": -46.23772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.972952, "energy": 54.070344, "activity_lines": [ 45.925333, 46.772, 50.190188, 54.696312 ] }, { "date": "2025-08-15", "close": 45.02, "volume": 208, "typical_volume": 374.45, "trend": 59.827028, "fair_value": 82.196585, "relative_strength": -47.714146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.540668, "energy": 53.61165, "activity_lines": [ 45.388, 46.387636, 49.41493, 53.694406 ] }, { "date": "2025-08-22", "close": 46.279999, "volume": 1021, "typical_volume": 425.5, "trend": 59.184821, "fair_value": 82.157201, "relative_strength": -44.621222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.192701, "energy": 51.100916, "activity_lines": [ 45.534666, 46.284363, 48.894765, 52.820404 ] }, { "date": "2025-08-29", "close": 43.48, "volume": 0, "typical_volume": 400.1, "trend": 58.371011, "fair_value": 82.105813, "relative_strength": -44.92075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.625547, "energy": 50.543189, "activity_lines": [ 44.777333, 45.68, 48.152098, 51.80719 ] }, { "date": "2025-09-05", "close": 41.259998, "volume": 208, "typical_volume": 410.5, "trend": 57.086861, "fair_value": 82.035501, "relative_strength": -46.347344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.380039, "energy": 67.207731, "activity_lines": [ 43.669332, 44.72909, 47.243604, 50.703254 ] }, { "date": "2025-09-12", "close": 42.459999, "volume": 208, "typical_volume": 420.9, "trend": 55.897665, "fair_value": 81.99979, "relative_strength": -44.14473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.701535, "energy": 63.271038, "activity_lines": [ 43.023999, 44.122545, 46.497482, 49.759585 ] }, { "date": "2025-09-19", "close": 43.900002, "volume": 1248, "typical_volume": 483.3, "trend": 54.686526, "fair_value": 81.98495, "relative_strength": -40.754158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.966411, "energy": 62.264382, "activity_lines": [ 43.090667, 43.892363, 45.950142, 48.985542 ] }, { "date": "2025-09-26", "close": 34.880001, "volume": 1576, "typical_volume": 562.1, "trend": 53.144746, "fair_value": 81.892827, "relative_strength": -52.088334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.739342, "energy": 79.871476, "activity_lines": [ 40.225334, 42.114545, 44.623994, 47.707702 ] }, { "date": "2025-10-03", "close": 37.84, "volume": 509, "typical_volume": 587.55, "trend": 51.733272, "fair_value": 81.798089, "relative_strength": -48.260361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.856096, "energy": 62.520635, "activity_lines": [ 39.106667, 41.090182, 43.702228, 46.720299 ] }, { "date": "2025-10-10", "close": 28.84, "volume": 1788, "typical_volume": 676.95, "trend": 50.126713, "fair_value": 81.630952, "relative_strength": -58.96535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.913459, "energy": 88.772182, "activity_lines": [ 35.364, 38.638182, 42.029323, 45.243314 ] }, { "date": "2025-10-17", "close": 26.940001, "volume": 889, "typical_volume": 672.95, "trend": 48.470143, "fair_value": 81.435365, "relative_strength": -60.033148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.022697, "energy": 95.54106, "activity_lines": [ 31.816001, 36.083637, 40.314571, 43.747397 ] }, { "date": "2025-10-24", "close": 28.68, "volume": 568, "typical_volume": 701.35, "trend": 46.979817, "fair_value": 81.253123, "relative_strength": -57.290785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.98032, "energy": 90.221811, "activity_lines": [ 29.882667, 34.190909, 38.940095, 42.470614 ] }, { "date": "2025-10-31", "close": 27.74, "volume": 1368, "typical_volume": 769.75, "trend": 46.05267, "fair_value": 81.041074, "relative_strength": -59.005847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.535238, "energy": 91.007589, "activity_lines": [ 28.650667, 32.424364, 37.567524, 41.229335 ] }, { "date": "2025-11-07", "close": 24.040001, "volume": 0, "typical_volume": 760.4, "trend": 45.085455, "fair_value": 80.77527, "relative_strength": -63.251572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.238658, "energy": 94.2338, "activity_lines": [ 26.661334, 30.322182, 35.932953, 39.809163 ] }, { "date": "2025-11-14", "close": 24.76, "volume": 0, "typical_volume": 759.35, "trend": 44.19886, "fair_value": 80.499061, "relative_strength": -62.108531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.55798, "energy": 88.817213, "activity_lines": [ 25.832, 28.704364, 34.474476, 38.497843 ] }, { "date": "2025-11-21", "close": 23.42, "volume": 1006, "typical_volume": 799.25, "trend": 43.132709, "fair_value": 80.222399, "relative_strength": -62.830777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.61912, "energy": 85.850223, "activity_lines": [ 24.828, 27.142909, 33.0, 37.157271 ] }, { "date": "2025-11-28", "close": 26.459999, "volume": 284, "typical_volume": 675.4, "trend": 41.989704, "fair_value": 79.940504, "relative_strength": -58.904027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.872059, "energy": 67.243925, "activity_lines": [ 25.072, 26.480364, 31.935714, 36.081613 ] }, { "date": "2025-12-05", "close": 25.879999, "volume": 284, "typical_volume": 618.5, "trend": 40.832362, "fair_value": 79.709962, "relative_strength": -59.40195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.827468, "energy": 65.112757, "activity_lines": [ 25.270666, 26.029454, 30.923429, 35.042277 ] }, { "date": "2025-12-12", "close": 27.879999, "volume": 568, "typical_volume": 616.9, "trend": 39.758339, "fair_value": 79.491301, "relative_strength": -55.403315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.305062, "energy": 56.690703, "activity_lines": [ 26.259999, 26.105818, 30.200857, 34.206641 ] }, { "date": "2025-12-19", "close": 26.940001, "volume": 647, "typical_volume": 649.25, "trend": 38.72126, "fair_value": 79.265364, "relative_strength": -57.070126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.905521, "energy": 47.356433, "activity_lines": [ 26.68, 26.192363, 29.490857, 33.379651 ] }, { "date": "2025-12-26", "close": 26.959999, "volume": 0, "typical_volume": 619.0, "trend": 37.5, "fair_value": 79.044247, "relative_strength": -56.124354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.363226, "energy": 48.007719, "activity_lines": [ 26.961333, 26.317091, 28.855428, 32.62086 ] }, { "date": "2026-01-02", "close": 27.799999, "volume": 0, "typical_volume": 608.6, "trend": 36.830667, "fair_value": 78.787213, "relative_strength": -54.611499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.72692, "energy": 41.131697, "activity_lines": [ 27.286666, 26.594181, 28.390381, 31.995054 ] }, { "date": "2026-01-09", "close": 27.559999, "volume": 0, "typical_volume": 557.55, "trend": 36.192, "fair_value": 78.520506, "relative_strength": -54.405746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.05306, "energy": 46.021745, "activity_lines": [ 27.442666, 26.843636, 27.984476, 31.396946 ] }, { "date": "2026-01-16", "close": 25.6, "volume": 0, "typical_volume": 557.55, "trend": 35.491333, "fair_value": 78.255314, "relative_strength": -57.214353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.170197, "energy": 51.761451, "activity_lines": [ 26.833333, 26.739999, 27.481047, 30.713591 ] }, { "date": "2026-01-23", "close": 27.040001, "volume": 130, "typical_volume": 553.65, "trend": 34.786, "fair_value": 77.997789, "relative_strength": -54.230077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.724981, "energy": 45.799353, "activity_lines": [ 26.856, 26.869818, 27.199905, 30.168344 ] }, { "date": "2026-01-30", "close": 25.32, "volume": 10, "typical_volume": 543.75, "trend": 34.004667, "fair_value": 77.709213, "relative_strength": -56.783668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.019855, "energy": 54.624272, "activity_lines": [ 26.298667, 26.645454, 26.822667, 29.557634 ] }, { "date": "2026-02-06", "close": 25.719999, "volume": 1414, "typical_volume": 552.05, "trend": 33.229333, "fair_value": 77.425078, "relative_strength": -55.251388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.885857, "energy": 55.951527, "activity_lines": [ 25.984, 26.459272, 26.565143, 29.02314 ] }, { "date": "2026-02-13", "close": 19.719999, "volume": 9799, "typical_volume": 963.2, "trend": 32.329333, "fair_value": 77.079953, "relative_strength": -64.373077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.041877, "energy": 68.216403, "activity_lines": [ 23.808, 25.195636, 25.822762, 28.15157 ] }, { "date": "2026-02-20", "close": 20.6, "volume": 633, "typical_volume": 969.4, "trend": 31.372, "fair_value": 76.693222, "relative_strength": -62.785165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.465216, "energy": 86.231726, "activity_lines": [ 22.448, 24.204, 25.236381, 27.394838 ] }, { "date": "2026-02-27", "close": 17.059999, "volume": 3097, "typical_volume": 1034.85, "trend": 30.534, "fair_value": 76.258767, "relative_strength": -67.52321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.819921, "energy": 94.600698, "activity_lines": [ 20.241333, 22.70109, 24.394952, 26.471484 ] }, { "date": "2026-03-06", "close": 18.209999, "volume": 4993, "typical_volume": 1240.05, "trend": 29.609666, "fair_value": 75.814787, "relative_strength": -62.213758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.143133, "energy": 90.054101, "activity_lines": [ 19.083333, 21.586909, 23.719142, 25.676387 ] }, { "date": "2026-03-13", "close": 17.52, "volume": 2976, "typical_volume": 1360.45, "trend": 28.693, "fair_value": 75.383594, "relative_strength": -61.461599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.554089, "energy": 89.499566, "activity_lines": [ 18.169333, 20.506363, 23.01919, 24.896408 ] }, { "date": "2026-03-20", "close": 21.84, "volume": 4591, "typical_volume": 1521.6, "trend": 27.878333, "fair_value": 74.941919, "relative_strength": -49.786488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.416033, "energy": 61.822373, "activity_lines": [ 19.242, 20.398181, 22.783809, 24.454279 ] }, { "date": "2026-03-27", "close": 20.58, "volume": 1176, "typical_volume": 1580.4, "trend": 27.115, "fair_value": 74.502493, "relative_strength": -51.853628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.618906, "energy": 50.499721, "activity_lines": [ 19.753333, 20.164909, 22.456523, 23.983419 ] }, { "date": "2026-04-03", "close": 18.76, "volume": 513, "typical_volume": 1606.05, "trend": 26.365, "fair_value": 74.077997, "relative_strength": -56.442208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.434213, "energy": 46.62159, "activity_lines": [ 19.659333, 19.692, 21.972381, 23.444387 ] }, { "date": "2026-04-10", "close": 17.18, "volume": 3691, "typical_volume": 1740.3, "trend": 25.522333, "fair_value": 73.604886, "relative_strength": -61.493028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.199442, "energy": 46.359822, "activity_lines": [ 18.925333, 19.082363, 21.366333, 22.851806 ] }, { "date": "2026-04-17", "close": 21.74, "volume": 2999, "typical_volume": 1876.05, "trend": 24.783666, "fair_value": 73.193234, "relative_strength": -51.294984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.183421, "energy": 32.839912, "activity_lines": [ 19.78, 19.449818, 21.224285, 22.607785 ] }, { "date": "2026-04-24", "close": 22.540001, "volume": 8051, "typical_volume": 2264.4, "trend": 24.372333, "fair_value": 72.72507, "relative_strength": -46.375079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.553697, "energy": 24.551637, "activity_lines": [ 20.62, 20.035091, 21.180905, 22.463032 ] }, { "date": "2026-05-01", "close": 24.639999, "volume": 7116, "typical_volume": 2591.8, "trend": 23.932333, "fair_value": 72.268803, "relative_strength": -40.138929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.072752, "energy": 13.260081, "activity_lines": [ 22.113333, 20.950909, 21.353428, 22.480301 ] }, { "date": "2026-05-08", "close": 27.799999, "volume": 3406, "typical_volume": 2729.75, "trend": 23.897666, "fair_value": 71.810576, "relative_strength": -31.758683, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.81355, "energy": 35.423335, "activity_lines": [ 24.389333, 22.367818, 21.842333, 22.729828 ] }, { "date": "2026-05-15", "close": 24.959999, "volume": 5551, "typical_volume": 3007.3, "trend": 23.831666, "fair_value": 71.335396, "relative_strength": -36.854124, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.927273, "energy": 34.369934, "activity_lines": [ 25.115999, 23.073091, 22.056666, 22.798365 ] }, { "date": "2026-05-22", "close": 27.5, "volume": 2541, "typical_volume": 3134.35, "trend": 23.792333, "fair_value": 70.873995, "relative_strength": -30.134052, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.449139, "energy": 54.388463, "activity_lines": [ 26.170666, 24.117454, 22.522428, 23.035032 ] }, { "date": "2026-05-29", "close": 27.42, "volume": 1000, "typical_volume": 3184.35, "trend": 23.781666, "fair_value": 70.384547, "relative_strength": -30.19794, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.772749, "energy": 61.603618, "activity_lines": [ 26.814666, 24.965818, 22.982, 23.269075 ] }, { "date": "2026-06-05", "close": 26.02, "volume": 0, "typical_volume": 3184.35, "trend": 23.847666, "fair_value": 69.875219, "relative_strength": -31.724601, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.936215, "energy": 49.766263, "activity_lines": [ 26.666666, 25.458182, 23.308905, 23.413484 ] }, { "date": "2026-06-12", "close": 25.459999, "volume": 0, "typical_volume": 3177.85, "trend": 23.871, "fair_value": 69.34331, "relative_strength": -33.701513, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.403811, "energy": 34.866018, "activity_lines": [ 26.24, 25.749818, 23.580476, 23.517505 ] }, { "date": "2026-06-19", "close": 25.700001, "volume": 0, "typical_volume": 3177.35, "trend": 23.947, "fair_value": 68.816105, "relative_strength": -34.432074, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.466268, "energy": 29.444215, "activity_lines": [ 26.049333, 25.963273, 23.882428, 23.635505 ] }, { "date": "2026-06-26", "close": 25.98, "volume": 0, "typical_volume": 3106.65, "trend": 23.931, "fair_value": 68.328046, "relative_strength": -30.946016, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.18038, "energy": 21.433988, "activity_lines": [ 25.902667, 26.072727, 24.209238, 23.766666 ] }, { "date": "2026-07-03", "close": 28.08, "volume": 0, "typical_volume": 2616.7, "trend": 24.004333, "fair_value": 67.822428, "relative_strength": -25.510641, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.950678, "energy": 43.851761, "activity_lines": [ 26.557333, 26.486909, 24.734809, 24.034344 ] }, { "date": "2026-07-10", "close": 28.66, "volume": 13130, "typical_volume": 3241.55, "trend": 24.030333, "fair_value": 67.328124, "relative_strength": -21.307222, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.378005, "energy": 62.673232, "activity_lines": [ 27.361333, 26.905818, 25.275809, 24.334709 ] }, { "date": "2026-07-17", "close": 28.700001, "volume": 2475, "typical_volume": 3210.45, "trend": 24.089, "fair_value": 66.833444, "relative_strength": -18.054526, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.86082, "energy": 75.685586, "activity_lines": [ 28.002667, 27.258909, 25.782238, 24.635978 ] }, { "date": "2026-07-24", "close": 25.92, "volume": 3867, "typical_volume": 3154.15, "trend": 24.054333, "fair_value": 66.315879, "relative_strength": -25.268266, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.382517, "energy": 59.066845, "activity_lines": [ 27.501334, 27.090182, 25.968476, 24.754107 ] }, { "date": "2026-07-31", "close": 27.98, "volume": 3735, "typical_volume": 3192.1, "trend": 24.060333, "fair_value": 65.838742, "relative_strength": -17.84423, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.17376, "energy": 49.256475, "activity_lines": [ 27.672, 27.278546, 26.31419, 25.007376 ] }, { "date": "2026-08-07", "close": 26.34, "volume": 225, "typical_volume": 2973.8, "trend": 24.019667, "fair_value": 65.277021, "relative_strength": -23.31022, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.320846, "energy": 34.582899, "activity_lines": [ 27.162667, 27.16, 26.453905, 25.154452 ] } ], "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." } } }