{ "ticker": { "uuid": "693d87bb-efde-4e9f-af8d-1cedd2b37df3", "symbol": "SAKHTISUG", "name": "Sakthi Sugars Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.543, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 11.421, "architecture_energy": 8.336, "architecture_maturity": 20.917, "architecture_confidence": 66.943, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 61.05, "rotation_up": 26.24, "upward_expansion": 45.06, "deceleration": 74.63, "rotation_down": 24.98, "downward_expansion": 30.06 }, "activity_lines": [ 17.080666, 17.095818, 17.327571, 17.132688 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 17.209999, "trend_reference": 17.015, "distance_from_trend": 0.01146, "trend_direction": "Weakening", "fair_value": 26.953846, "distance_from_fair_value": -0.361501, "fair_value_direction": "Weakening", "relative_strength": -6.041197, "relative_strength_direction": "Weakening", "price_momentum": -0.007497, "excess_performance": 0.036212, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01146, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.039207, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.361501, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.039251, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060412, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007243, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.007497, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.258495, "read": "Demand-led" } ], "volume": { "latest": 532290, "relative_activity": 1.012849, "balance": 1.258495, "dry_up": 0.767368, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.066643, "annualized_volatility": 0.350282, "from_high_reference": -0.304647, "from_low_reference": 0.272929 }, "levels": { "trend_reference": 17.015, "fair_value_reference": 26.953846, "structural_low": 13.52, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.008954, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.000662, "regime_survival": 0.444444, "best_return": 0.356522, "worst_return": -0.102459, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.061538, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.082636, "regime_survival": 0.125, "best_return": 0.442675, "worst_return": -0.222376, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.17235, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.166006, "regime_survival": 0.0, "best_return": 0.531847, "worst_return": -0.363334, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.083017, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.05624, "regime_survival": 0.25, "best_return": 0.418033, "worst_return": -0.322481, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-02", "tenure": "New", "return": 0.025641, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-09", "end": "2024-03-15", "tenure": "Developing", "return": -0.279811, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-22", "end": "2024-04-26", "tenure": "Developing", "return": 0.197138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-05-24", "tenure": "New", "return": -0.068587, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": 0.294505, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-10-25", "tenure": "Established", "return": -0.160742, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": -0.023816, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": -0.000638, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-05-23", "tenure": "Established", "return": -0.234853, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-08-15", "tenure": "Developing", "return": -0.168605, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": -0.056808, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-05-01", "tenure": "Extended", "return": -0.097606, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.06424, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.027684, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.5, "volume": 10587257, "typical_volume": 3907148.0, "trend": 23.171667, "fair_value": 16.784615, "relative_strength": 8.293393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.961403, "energy": 33.816141, "activity_lines": [ 25.55, 25.296363, 24.798809, 24.083656 ] }, { "date": "2023-08-25", "close": 25.6, "volume": 11140955, "typical_volume": 4420383.3, "trend": 23.318333, "fair_value": 16.888782, "relative_strength": 4.272194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.829053, "energy": 29.399933, "activity_lines": [ 25.616667, 25.368182, 24.92619, 24.240322 ] }, { "date": "2023-09-01", "close": 29.9, "volume": 17443702, "typical_volume": 5137294.2, "trend": 23.583333, "fair_value": 17.023718, "relative_strength": 20.075388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.21254, "energy": 65.355024, "activity_lines": [ 27.1, 26.222727, 25.444286, 24.664946 ] }, { "date": "2023-09-08", "close": 31.65, "volume": 17199515, "typical_volume": 5806877.65, "trend": 23.908333, "fair_value": 17.173718, "relative_strength": 24.116517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.635387, "energy": 83.55069, "activity_lines": [ 28.853333, 27.307273, 26.098333, 25.185376 ] }, { "date": "2023-09-15", "close": 34.849998, "volume": 19480120, "typical_volume": 6630788.25, "trend": 24.345, "fair_value": 17.34391, "relative_strength": 33.365295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.692935, "energy": 91.859889, "activity_lines": [ 31.216666, 28.846363, 27.022619, 25.89129 ] }, { "date": "2023-09-22", "close": 32.900002, "volume": 7500841, "typical_volume": 6889265.65, "trend": 24.753333, "fair_value": 17.502564, "relative_strength": 28.521293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.972067, "energy": 88.396103, "activity_lines": [ 32.283333, 29.854545, 27.708333, 26.443226 ] }, { "date": "2023-09-29", "close": 32.599998, "volume": 8378734, "typical_volume": 7236805.5, "trend": 25.166667, "fair_value": 17.659615, "relative_strength": 26.948384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.832321, "energy": 84.178615, "activity_lines": [ 32.823333, 30.656363, 28.321904, 26.949462 ] }, { "date": "2023-10-06", "close": 32.25, "volume": 4576406, "typical_volume": 7376576.75, "trend": 25.518333, "fair_value": 17.814423, "relative_strength": 24.929955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.057656, "energy": 73.36929, "activity_lines": [ 32.78, 31.262727, 28.853095, 27.406451 ] }, { "date": "2023-10-13", "close": 30.799999, "volume": 3865459, "typical_volume": 7515332.5, "trend": 25.865, "fair_value": 17.961218, "relative_strength": 18.260251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.532866, "energy": 50.920445, "activity_lines": [ 32.096666, 31.477272, 29.196904, 27.747204 ] }, { "date": "2023-10-20", "close": 32.099998, "volume": 5402024, "typical_volume": 7331909.3, "trend": 26.261666, "fair_value": 18.116667, "relative_strength": 23.814059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.743964, "energy": 44.700909, "activity_lines": [ 31.903332, 31.81909, 29.619285, 28.149462 ] }, { "date": "2023-10-27", "close": 29.4, "volume": 5256488, "typical_volume": 7223852.05, "trend": 26.576666, "fair_value": 18.25641, "relative_strength": 15.73101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.9165, "energy": 28.078628, "activity_lines": [ 30.993332, 31.543636, 29.74619, 28.351935 ] }, { "date": "2023-11-03", "close": 31.1, "volume": 4436098, "typical_volume": 7180509.85, "trend": 26.891666, "fair_value": 18.40609, "relative_strength": 20.526774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.002297, "energy": 22.859139, "activity_lines": [ 30.883333, 31.524545, 30.021904, 28.643763 ] }, { "date": "2023-11-10", "close": 31.049999, "volume": 10398510, "typical_volume": 7232123.8, "trend": 27.145, "fair_value": 18.555449, "relative_strength": 18.351886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.676323, "energy": 21.315691, "activity_lines": [ 30.856666, 31.396363, 30.266904, 28.912043 ] }, { "date": "2023-11-17", "close": 30.85, "volume": 2598034, "typical_volume": 7284146.3, "trend": 27.36, "fair_value": 18.694872, "relative_strength": 15.156642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.985013, "energy": 18.406242, "activity_lines": [ 30.843333, 31.210909, 30.464285, 29.151075 ] }, { "date": "2023-11-24", "close": 31.1, "volume": 6719691, "typical_volume": 7512754.3, "trend": 27.605, "fair_value": 18.834936, "relative_strength": 15.022558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.490018, "energy": 20.605577, "activity_lines": [ 30.91, 31.085454, 30.655952, 29.392365 ] }, { "date": "2023-12-01", "close": 31.35, "volume": 2881906, "typical_volume": 7585436.8, "trend": 27.858333, "fair_value": 18.976282, "relative_strength": 12.750322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.550135, "energy": 25.227686, "activity_lines": [ 31.126667, 31.073636, 30.843095, 29.633978 ] }, { "date": "2023-12-08", "close": 26.950001, "volume": 6674507, "typical_volume": 7708061.0, "trend": 28.013333, "fair_value": 19.083333, "relative_strength": -6.360923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.32854, "energy": 6.002109, "activity_lines": [ 29.746667, 30.29, 30.578809, 29.575376 ] }, { "date": "2023-12-15", "close": 27.65, "volume": 3973225, "typical_volume": 7737294.45, "trend": 28.205, "fair_value": 19.19359, "relative_strength": -5.737508, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.711483, "energy": 13.471716, "activity_lines": [ 28.876667, 29.736364, 30.373571, 29.551935 ] }, { "date": "2023-12-22", "close": 28.6, "volume": 4512176, "typical_volume": 7847498.1, "trend": 28.448333, "fair_value": 19.3125, "relative_strength": -1.993876, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.938216, "energy": 23.524569, "activity_lines": [ 28.55, 29.439091, 30.247143, 29.577419 ] }, { "date": "2023-12-29", "close": 28.700001, "volume": 1547599, "typical_volume": 7728662.35, "trend": 28.603333, "fair_value": 19.429808, "relative_strength": -3.200301, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.52496, "energy": 31.152205, "activity_lines": [ 28.406667, 29.2, 30.112143, 29.593656 ] }, { "date": "2024-01-05", "close": 29.15, "volume": 3085203, "typical_volume": 7353559.65, "trend": 28.686666, "fair_value": 19.549038, "relative_strength": -1.583738, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.907537, "energy": 27.416887, "activity_lines": [ 28.573334, 29.104546, 30.003095, 29.628925 ] }, { "date": "2024-01-12", "close": 28.75, "volume": 2863289, "typical_volume": 6939676.35, "trend": 28.79, "fair_value": 19.666346, "relative_strength": -3.694336, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.627505, "energy": 11.580239, "activity_lines": [ 28.753334, 28.940909, 29.843333, 29.633011 ] }, { "date": "2024-01-19", "close": 28.4, "volume": 2086513, "typical_volume": 6171816.9, "trend": 28.901666, "fair_value": 19.786538, "relative_strength": -3.675271, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.056991, "energy": 11.268834, "activity_lines": [ 28.696667, 28.756364, 29.635238, 29.607849 ] }, { "date": "2024-01-26", "close": 29.25, "volume": 3315575, "typical_volume": 5477619.9, "trend": 29.055, "fair_value": 19.911218, "relative_strength": 0.227133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.630172, "energy": 7.645532, "activity_lines": [ 28.873333, 28.774546, 29.515238, 29.630322 ] }, { "date": "2024-02-02", "close": 30.0, "volume": 8376364, "typical_volume": 4922432.1, "trend": 29.216666, "fair_value": 20.039744, "relative_strength": 0.23731, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.635255, "energy": 3.488422, "activity_lines": [ 29.256667, 28.958182, 29.478095, 29.69129 ] }, { "date": "2024-02-09", "close": 42.349998, "volume": 42705033, "typical_volume": 6682641.7, "trend": 29.81, "fair_value": 20.250961, "relative_strength": 40.548243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.909117, "energy": 69.539646, "activity_lines": [ 33.669999, 31.407272, 30.640238, 30.538602 ] }, { "date": "2024-02-16", "close": 37.150002, "volume": 6546083, "typical_volume": 6591009.15, "trend": 30.203333, "fair_value": 20.428205, "relative_strength": 21.049847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.393853, "energy": 72.102324, "activity_lines": [ 35.47, 32.710909, 31.262143, 31.01215 ] }, { "date": "2024-02-23", "close": 38.25, "volume": 5247271, "typical_volume": 6624552.4, "trend": 30.638333, "fair_value": 20.611218, "relative_strength": 22.754057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.167413, "energy": 77.694071, "activity_lines": [ 37.076667, 34.029091, 31.967143, 31.53129 ] }, { "date": "2024-03-01", "close": 35.700001, "volume": 3811255, "typical_volume": 6621842.2, "trend": 31.001667, "fair_value": 20.77532, "relative_strength": 13.225445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.261666, "energy": 74.270718, "activity_lines": [ 37.176667, 34.690909, 32.400714, 31.857849 ] }, { "date": "2024-03-08", "close": 34.549999, "volume": 2136466, "typical_volume": 6458564.3, "trend": 31.315, "fair_value": 20.934615, "relative_strength": 8.396014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.816077, "energy": 51.948673, "activity_lines": [ 36.463333, 35.014545, 32.701429, 32.086774 ] }, { "date": "2024-03-15", "close": 30.5, "volume": 3475633, "typical_volume": 6369521.55, "trend": 31.448333, "fair_value": 21.070513, "relative_strength": -2.521217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.0222, "energy": 20.492772, "activity_lines": [ 34.096667, 34.495455, 32.604762, 32.034194 ] }, { "date": "2024-03-22", "close": 31.450001, "volume": 1915385, "typical_volume": 6243485.9, "trend": 31.643333, "fair_value": 21.214744, "relative_strength": -0.131416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.942418, "energy": 18.486078, "activity_lines": [ 32.836667, 34.124546, 32.593333, 32.034301 ] }, { "date": "2024-03-29", "close": 29.799999, "volume": 1457923, "typical_volume": 5796456.55, "trend": 31.64, "fair_value": 21.34359, "relative_strength": -6.580248, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.528238, "energy": 17.301682, "activity_lines": [ 31.406667, 33.404545, 32.423095, 31.915376 ] }, { "date": "2024-04-05", "close": 37.900002, "volume": 5237289, "typical_volume": 5928419.3, "trend": 31.848333, "fair_value": 21.521474, "relative_strength": 17.112109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.590301, "energy": 22.990365, "activity_lines": [ 33.240001, 34.131819, 33.030238, 32.319247 ] }, { "date": "2024-04-12", "close": 35.599998, "volume": 1897742, "typical_volume": 5687321.85, "trend": 31.873333, "fair_value": 21.686218, "relative_strength": 9.587908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.170861, "energy": 17.801268, "activity_lines": [ 34.16, 34.283636, 33.384762, 32.56129 ] }, { "date": "2024-04-19", "close": 34.599998, "volume": 1621219, "typical_volume": 5624287.5, "trend": 31.93, "fair_value": 21.845833, "relative_strength": 8.044429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.477909, "energy": 23.188918, "activity_lines": [ 34.676666, 34.151818, 33.622619, 32.737204 ] }, { "date": "2024-04-26", "close": 37.650002, "volume": 4678759, "typical_volume": 5524500.1, "trend": 32.098333, "fair_value": 22.017308, "relative_strength": 15.576812, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.379656, "energy": 40.328225, "activity_lines": [ 35.936667, 34.715455, 34.135476, 33.106237 ] }, { "date": "2024-05-03", "close": 36.450001, "volume": 3895380, "typical_volume": 5520607.85, "trend": 32.238333, "fair_value": 22.166026, "relative_strength": 11.162617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.267296, "energy": 39.570809, "activity_lines": [ 36.383334, 35.051818, 34.483095, 33.386989 ] }, { "date": "2024-05-10", "close": 34.099998, "volume": 1738817, "typical_volume": 5381939.9, "trend": 32.348333, "fair_value": 22.289744, "relative_strength": 5.522246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.790177, "energy": 34.51772, "activity_lines": [ 35.603333, 34.993636, 34.565, 33.507097 ] }, { "date": "2024-05-17", "close": 34.200001, "volume": 1191887, "typical_volume": 5364154.3, "trend": 32.418333, "fair_value": 22.430449, "relative_strength": 3.46258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.014993, "energy": 25.817, "activity_lines": [ 35.11, 34.982727, 34.630238, 33.626559 ] }, { "date": "2024-05-24", "close": 33.950001, "volume": 730434, "typical_volume": 5246415.85, "trend": 32.57, "fair_value": 22.572436, "relative_strength": 0.081286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.58311, "energy": 14.370354, "activity_lines": [ 34.626667, 34.932727, 34.645476, 33.725376 ] }, { "date": "2024-05-31", "close": 31.85, "volume": 1339709, "typical_volume": 5170236.85, "trend": 32.595, "fair_value": 22.691667, "relative_strength": -4.476634, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.06694, "energy": 13.964869, "activity_lines": [ 33.486667, 34.438182, 34.437857, 33.678925 ] }, { "date": "2024-06-07", "close": 34.650002, "volume": 2785987, "typical_volume": 5205210.55, "trend": 32.715, "fair_value": 22.808013, "relative_strength": 0.464286, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.840475, "energy": 12.550197, "activity_lines": [ 33.666668, 34.445455, 34.482143, 33.811506 ] }, { "date": "2024-06-14", "close": 41.830002, "volume": 17837824, "typical_volume": 5931323.0, "trend": 33.081, "fair_value": 22.98641, "relative_strength": 19.721997, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.140412, "energy": 38.559978, "activity_lines": [ 36.360001, 35.670001, 35.180477, 34.39957 ] }, { "date": "2024-06-21", "close": 41.23, "volume": 9051559, "typical_volume": 5965082.75, "trend": 33.418667, "fair_value": 23.149423, "relative_strength": 17.202301, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.93665, "energy": 58.99788, "activity_lines": [ 38.338001, 36.714001, 35.761762, 34.925312 ] }, { "date": "2024-06-28", "close": 39.380001, "volume": 7582987, "typical_volume": 4208980.45, "trend": 33.686334, "fair_value": 23.273333, "relative_strength": 9.06982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.606873, "energy": 61.838321, "activity_lines": [ 39.230668, 37.319274, 36.113381, 35.309914 ] }, { "date": "2024-07-05", "close": 37.900002, "volume": 3743642, "typical_volume": 4068858.4, "trend": 34.051334, "fair_value": 23.382308, "relative_strength": 3.279177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.05171, "energy": 64.968657, "activity_lines": [ 39.268001, 37.568547, 36.338191, 35.581764 ] }, { "date": "2024-07-12", "close": 40.18, "volume": 10080053, "typical_volume": 4310497.5, "trend": 34.469, "fair_value": 23.517115, "relative_strength": 8.164637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.801408, "energy": 57.744669, "activity_lines": [ 39.662001, 38.227819, 36.776572, 35.977162 ] }, { "date": "2024-07-19", "close": 37.48, "volume": 2302574, "typical_volume": 4235063.45, "trend": 34.765, "fair_value": 23.636218, "relative_strength": 0.467033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.626138, "energy": 31.564934, "activity_lines": [ 38.787334, 38.328364, 36.94862, 36.17142 ] }, { "date": "2024-07-26", "close": 39.130001, "volume": 4016580, "typical_volume": 4329069.15, "trend": 35.112667, "fair_value": 23.765577, "relative_strength": 3.223879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.198625, "energy": 28.86094, "activity_lines": [ 38.752667, 38.667455, 37.269334, 36.453033 ] }, { "date": "2024-08-02", "close": 38.970001, "volume": 4290241, "typical_volume": 4369799.55, "trend": 35.44, "fair_value": 23.905769, "relative_strength": 2.892471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.332749, "energy": 25.088466, "activity_lines": [ 38.804667, 38.887819, 37.553001, 36.701893 ] }, { "date": "2024-08-09", "close": 36.880001, "volume": 2451358, "typical_volume": 4396598.2, "trend": 35.711, "fair_value": 24.037692, "relative_strength": -1.497058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.585644, "energy": 17.782285, "activity_lines": [ 38.187334, 38.63691, 37.597286, 36.794796 ] }, { "date": "2024-08-16", "close": 37.82, "volume": 1943158, "typical_volume": 4420859.95, "trend": 36.025, "fair_value": 24.184295, "relative_strength": 0.087436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.490034, "energy": 17.158119, "activity_lines": [ 37.951334, 38.465455, 37.705239, 36.930861 ] }, { "date": "2024-08-23", "close": 39.380001, "volume": 3449292, "typical_volume": 4331460.1, "trend": 36.362667, "fair_value": 24.336731, "relative_strength": 2.701437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.258071, "energy": 18.365771, "activity_lines": [ 38.392667, 38.520001, 37.923572, 37.147312 ] }, { "date": "2024-08-30", "close": 39.91, "volume": 4767092, "typical_volume": 4474927.6, "trend": 36.693, "fair_value": 24.493526, "relative_strength": 2.326467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.961866, "energy": 23.277386, "activity_lines": [ 38.884, 38.715455, 38.185334, 37.376173 ] }, { "date": "2024-09-06", "close": 37.849998, "volume": 1826697, "typical_volume": 4485201.5, "trend": 36.543, "fair_value": 24.64, "relative_strength": -1.366077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.728327, "energy": 21.23335, "activity_lines": [ 38.636666, 38.560364, 38.230381, 37.450818 ] }, { "date": "2024-09-13", "close": 38.0, "volume": 1581491, "typical_volume": 4330338.1, "trend": 36.571334, "fair_value": 24.78391, "relative_strength": -2.669326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.281658, "energy": 21.166321, "activity_lines": [ 38.514, 38.460364, 38.274238, 37.544818 ] }, { "date": "2024-09-20", "close": 38.580002, "volume": 2433190, "typical_volume": 4257228.6, "trend": 36.582334, "fair_value": 24.935064, "relative_strength": -2.633839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.934432, "energy": 19.718456, "activity_lines": [ 38.51, 38.464, 38.371667, 37.674409 ] }, { "date": "2024-09-27", "close": 39.310001, "volume": 5186521, "typical_volume": 4429613.8, "trend": 36.702667, "fair_value": 25.088654, "relative_strength": -2.067668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.900536, "energy": 20.603004, "activity_lines": [ 38.698667, 38.629455, 38.528477, 37.850388 ] }, { "date": "2024-10-04", "close": 42.779999, "volume": 11440867, "typical_volume": 4942062.8, "trend": 36.977, "fair_value": 25.254551, "relative_strength": 11.441078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.679007, "energy": 44.063344, "activity_lines": [ 40.048667, 39.392546, 38.990953, 38.242474 ] }, { "date": "2024-10-11", "close": 40.669998, "volume": 4802450, "typical_volume": 5145663.6, "trend": 37.316, "fair_value": 25.413654, "relative_strength": 6.065577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.245215, "energy": 44.888988, "activity_lines": [ 40.504, 39.705636, 39.211619, 38.480731 ] }, { "date": "2024-10-18", "close": 38.34, "volume": 2841808, "typical_volume": 5220768.55, "trend": 37.545667, "fair_value": 25.564551, "relative_strength": 0.558226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.098917, "energy": 35.032687, "activity_lines": [ 39.994666, 39.564182, 39.178381, 38.546796 ] }, { "date": "2024-10-25", "close": 33.049999, "volume": 2385067, "typical_volume": 5200722.55, "trend": 37.654, "fair_value": 25.680577, "relative_strength": -10.705078, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -4.713438, "energy": 5.231622, "activity_lines": [ 37.699333, 38.434363, 38.610429, 38.256753 ] }, { "date": "2024-11-01", "close": 36.110001, "volume": 1393348, "typical_volume": 4378498.75, "trend": 37.594334, "fair_value": 25.813013, "relative_strength": -2.772875, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.084813, "energy": 18.169053, "activity_lines": [ 36.792666, 37.947636, 38.341524, 38.15714 ] }, { "date": "2024-11-08", "close": 35.25, "volume": 1345090, "typical_volume": 3993175.3, "trend": 37.582667, "fair_value": 25.939936, "relative_strength": -4.307701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.689234, "energy": 27.656943, "activity_lines": [ 35.812667, 37.364, 38.017952, 38.005893 ] }, { "date": "2024-11-15", "close": 31.34, "volume": 1057081, "typical_volume": 3666880.0, "trend": 37.474, "fair_value": 26.047885, "relative_strength": -12.441102, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.227732, "energy": 58.68011, "activity_lines": [ 34.031333, 36.154182, 37.350476, 37.60314 ] }, { "date": "2024-11-22", "close": 31.32, "volume": 938551, "typical_volume": 3526625.45, "trend": 37.263, "fair_value": 26.158269, "relative_strength": -13.582628, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.718237, "energy": 72.335535, "activity_lines": [ 32.865333, 35.059091, 36.719381, 37.206108 ] }, { "date": "2024-11-29", "close": 33.34, "volume": 902454, "typical_volume": 3067745.5, "trend": 37.159334, "fair_value": 26.27968, "relative_strength": -8.67109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.0684, "energy": 67.453597, "activity_lines": [ 32.840667, 34.452727, 36.312, 36.953011 ] }, { "date": "2024-12-06", "close": 34.349998, "volume": 700349, "typical_volume": 2987634.25, "trend": 37.167667, "fair_value": 26.39891, "relative_strength": -8.113607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.648023, "energy": 60.285278, "activity_lines": [ 33.133333, 34.125272, 36.033381, 36.771763 ] }, { "date": "2024-12-13", "close": 33.130001, "volume": 609845, "typical_volume": 2817297.5, "trend": 37.132, "fair_value": 26.51641, "relative_strength": -11.755759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.476907, "energy": 41.464428, "activity_lines": [ 33.136666, 33.666182, 35.653476, 36.511269 ] }, { "date": "2024-12-20", "close": 30.73, "volume": 1092003, "typical_volume": 2657385.6, "trend": 37.024667, "fair_value": 26.622051, "relative_strength": -14.010656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.865031, "energy": 42.536842, "activity_lines": [ 32.481333, 32.946182, 35.073571, 36.098237 ] }, { "date": "2024-12-27", "close": 31.0, "volume": 412165, "typical_volume": 2555425.95, "trend": 36.996334, "fair_value": 26.723333, "relative_strength": -14.057425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.419645, "energy": 43.522265, "activity_lines": [ 31.956667, 32.456, 34.558619, 35.709548 ] }, { "date": "2025-01-03", "close": 31.610001, "volume": 486530, "typical_volume": 2482594.55, "trend": 36.895, "fair_value": 26.809615, "relative_strength": -13.036335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.757839, "energy": 51.275091, "activity_lines": [ 31.656667, 32.210182, 34.129762, 35.362043 ] }, { "date": "2025-01-10", "close": 27.700001, "volume": 576040, "typical_volume": 2338931.95, "trend": 36.424, "fair_value": 26.873397, "relative_strength": -21.79887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.299583, "energy": 75.020277, "activity_lines": [ 30.168667, 31.279637, 33.358095, 34.768817 ] }, { "date": "2025-01-17", "close": 29.950001, "volume": 762228, "typical_volume": 2138688.75, "trend": 36.048, "fair_value": 26.960256, "relative_strength": -14.590212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.98039, "energy": 66.543376, "activity_lines": [ 29.874001, 30.911091, 32.856334, 34.35114 ] }, { "date": "2025-01-24", "close": 28.059999, "volume": 555341, "typical_volume": 2075120.95, "trend": 35.670667, "fair_value": 27.034359, "relative_strength": -19.436755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.808822, "energy": 74.044724, "activity_lines": [ 29.161334, 30.295273, 32.222, 33.835785 ] }, { "date": "2025-01-31", "close": 28.08, "volume": 746677, "typical_volume": 2033380.25, "trend": 35.343333, "fair_value": 27.109872, "relative_strength": -20.626232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.609305, "energy": 75.096294, "activity_lines": [ 28.633333, 29.742727, 31.636191, 33.346065 ] }, { "date": "2025-02-07", "close": 26.73, "volume": 888548, "typical_volume": 1956148.15, "trend": 34.895, "fair_value": 27.173846, "relative_strength": -23.819371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.717214, "energy": 70.868078, "activity_lines": [ 27.85, 29.003637, 30.969048, 32.790366 ] }, { "date": "2025-02-14", "close": 22.379999, "volume": 920822, "typical_volume": 1742863.2, "trend": 34.391667, "fair_value": 27.220192, "relative_strength": -33.856503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.30057, "energy": 89.376926, "activity_lines": [ 25.942, 27.593818, 29.944048, 31.982946 ] }, { "date": "2025-02-21", "close": 22.870001, "volume": 1087944, "typical_volume": 1225217.05, "trend": 33.849667, "fair_value": 27.275128, "relative_strength": -31.370091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.293706, "energy": 86.483106, "activity_lines": [ 24.552, 26.490727, 29.046333, 31.239613 ] }, { "date": "2025-02-28", "close": 20.799999, "volume": 356458, "typical_volume": 1002917.45, "trend": 33.244, "fair_value": 27.316154, "relative_strength": -35.126759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.206662, "energy": 91.310781, "activity_lines": [ 22.944, 25.197818, 28.046286, 30.397699 ] }, { "date": "2025-03-07", "close": 22.809999, "volume": 892229, "typical_volume": 905438.5, "trend": 32.775, "fair_value": 27.358846, "relative_strength": -29.718013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.169825, "energy": 81.909831, "activity_lines": [ 22.489999, 24.450909, 27.332286, 29.724538 ] }, { "date": "2025-03-14", "close": 21.5, "volume": 457684, "typical_volume": 809069.35, "trend": 32.231, "fair_value": 27.395705, "relative_strength": -32.914066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.025454, "energy": 69.257773, "activity_lines": [ 21.950666, 23.614727, 26.567476, 28.997118 ] }, { "date": "2025-03-21", "close": 23.629999, "volume": 952527, "typical_volume": 787028.3, "trend": 31.706, "fair_value": 27.454231, "relative_strength": -28.884632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.843028, "energy": 58.19239, "activity_lines": [ 22.469999, 23.349636, 26.060524, 28.442215 ] }, { "date": "2025-03-28", "close": 20.52, "volume": 2722671, "typical_volume": 855907.35, "trend": 31.059667, "fair_value": 27.495385, "relative_strength": -38.302495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.467378, "energy": 56.66413, "activity_lines": [ 21.869333, 22.593091, 25.316809, 27.720537 ] }, { "date": "2025-04-04", "close": 21.35, "volume": 485498, "typical_volume": 827328.2, "trend": 30.509667, "fair_value": 27.518782, "relative_strength": -33.403175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.827284, "energy": 51.482615, "activity_lines": [ 21.702, 22.158909, 24.722286, 27.094107 ] }, { "date": "2025-04-11", "close": 21.9, "volume": 450990, "typical_volume": 802950.15, "trend": 29.973, "fair_value": 27.552756, "relative_strength": -30.870105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.893537, "energy": 47.095954, "activity_lines": [ 21.681333, 21.946727, 24.227714, 26.538645 ] }, { "date": "2025-04-18", "close": 22.969999, "volume": 461874, "typical_volume": 780921.15, "trend": 29.452667, "fair_value": 27.569551, "relative_strength": -30.021559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.212471, "energy": 42.180243, "activity_lines": [ 22.078, 22.041454, 23.879905, 26.086839 ] }, { "date": "2025-04-25", "close": 23.719999, "volume": 1072318, "typical_volume": 799519.6, "trend": 28.933, "fair_value": 27.608462, "relative_strength": -27.600202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.673168, "energy": 32.841203, "activity_lines": [ 22.626666, 22.340909, 23.652904, 25.716989 ] }, { "date": "2025-05-02", "close": 22.99, "volume": 350872, "typical_volume": 786570.95, "trend": 28.273333, "fair_value": 27.644615, "relative_strength": -30.045472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.383018, "energy": 26.735136, "activity_lines": [ 22.926, 22.483272, 23.407, 25.33357 ] }, { "date": "2025-05-09", "close": 21.67, "volume": 454589, "typical_volume": 754700.25, "trend": 27.64, "fair_value": 27.681603, "relative_strength": -32.513055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.073169, "energy": 26.770015, "activity_lines": [ 22.620666, 22.383454, 23.083666, 24.907548 ] }, { "date": "2025-05-16", "close": 25.02, "volume": 1097697, "typical_volume": 788976.85, "trend": 27.196, "fair_value": 27.727244, "relative_strength": -24.665481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.291032, "energy": 16.070559, "activity_lines": [ 23.410666, 22.876909, 23.122524, 24.738516 ] }, { "date": "2025-05-23", "close": 25.51, "volume": 911435, "typical_volume": 810222.1, "trend": 26.944667, "fair_value": 27.788205, "relative_strength": -22.16491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.551975, "energy": 10.511736, "activity_lines": [ 24.156, 23.419273, 23.236524, 24.629742 ] }, { "date": "2025-05-30", "close": 25.799999, "volume": 1416734, "typical_volume": 852256.8, "trend": 26.601, "fair_value": 27.841731, "relative_strength": -20.523976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.838512, "energy": 11.482851, "activity_lines": [ 24.828666, 23.941454, 23.40719, 24.555892 ] }, { "date": "2025-06-06", "close": 26.299999, "volume": 742336, "typical_volume": 851262.2, "trend": 26.302666, "fair_value": 27.901026, "relative_strength": -19.28558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.754189, "energy": 20.765787, "activity_lines": [ 25.529333, 24.51509, 23.634523, 24.536473 ] }, { "date": "2025-06-13", "close": 26.52, "volume": 1608665, "typical_volume": 903928.4, "trend": 26.142, "fair_value": 27.97359, "relative_strength": -16.802456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.382643, "energy": 28.716931, "activity_lines": [ 26.082666, 25.023636, 23.90019, 24.550494 ] }, { "date": "2025-06-20", "close": 24.16, "volume": 934714, "typical_volume": 913330.25, "trend": 25.903333, "fair_value": 28.027821, "relative_strength": -24.502681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.238078, "energy": 17.669422, "activity_lines": [ 25.526, 25.009091, 23.948428, 24.422623 ] }, { "date": "2025-06-27", "close": 25.52, "volume": 799441, "typical_volume": 908874.9, "trend": 25.642666, "fair_value": 28.09141, "relative_strength": -21.119658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.615559, "energy": 13.466979, "activity_lines": [ 25.48, 25.200727, 24.144857, 24.397892 ] }, { "date": "2025-07-04", "close": 25.1, "volume": 807042, "typical_volume": 903185.9, "trend": 25.334333, "fair_value": 28.146538, "relative_strength": -21.191769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.720343, "energy": 8.311493, "activity_lines": [ 25.293333, 25.269636, 24.307047, 24.362881 ] }, { "date": "2025-07-11", "close": 25.459999, "volume": 1157342, "typical_volume": 906655.8, "trend": 25.078666, "fair_value": 28.205577, "relative_strength": -18.284139, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.317631, "energy": 8.123013, "activity_lines": [ 25.273333, 25.378909, 24.490571, 24.370989 ] }, { "date": "2025-07-18", "close": 25.34, "volume": 525723, "typical_volume": 915119.05, "trend": 24.899, "fair_value": 28.258718, "relative_strength": -17.42065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.093846, "energy": 10.268369, "activity_lines": [ 25.269333, 25.421454, 24.650333, 24.387849 ] }, { "date": "2025-07-25", "close": 24.51, "volume": 337914, "typical_volume": 887403.3, "trend": 24.682666, "fair_value": 28.309103, "relative_strength": -18.956266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.531016, "energy": 6.481854, "activity_lines": [ 25.067333, 25.246363, 24.709428, 24.362752 ] }, { "date": "2025-08-01", "close": 23.43, "volume": 345889, "typical_volume": 881813.55, "trend": 24.41, "fair_value": 28.35609, "relative_strength": -20.892504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.988032, "energy": 7.669125, "activity_lines": [ 24.482, 24.884182, 24.657571, 24.281935 ] }, { "date": "2025-08-08", "close": 22.99, "volume": 301511, "typical_volume": 849262.75, "trend": 24.253, "fair_value": 28.401538, "relative_strength": -21.016451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.196621, "energy": 19.40994, "activity_lines": [ 23.889333, 24.479818, 24.554619, 24.190322 ] }, { "date": "2025-08-15", "close": 21.450001, "volume": 409581, "typical_volume": 733608.25, "trend": 23.969666, "fair_value": 28.428462, "relative_strength": -26.314061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.348127, "energy": 40.619954, "activity_lines": [ 22.924, 23.846546, 24.308048, 24.009484 ] }, { "date": "2025-08-22", "close": 22.18, "volume": 490833, "typical_volume": 733875.0, "trend": 23.773666, "fair_value": 28.462628, "relative_strength": -23.675289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.304115, "energy": 45.484549, "activity_lines": [ 22.469334, 23.434182, 24.126571, 23.894021 ] }, { "date": "2025-08-29", "close": 21.110001, "volume": 273839, "typical_volume": 725017.45, "trend": 23.541333, "fair_value": 28.465256, "relative_strength": -25.155621, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.290443, "energy": 58.721667, "activity_lines": [ 21.868667, 22.906182, 23.839238, 23.722172 ] }, { "date": "2025-09-05", "close": 22.57, "volume": 2058274, "typical_volume": 804837.45, "trend": 23.402666, "fair_value": 28.459295, "relative_strength": -20.183454, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.983953, "energy": 48.195385, "activity_lines": [ 21.981334, 22.699091, 23.694714, 23.659505 ] }, { "date": "2025-09-12", "close": 22.43, "volume": 324732, "typical_volume": 767458.15, "trend": 23.404333, "fair_value": 28.453077, "relative_strength": -21.052331, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.68184, "energy": 33.875387, "activity_lines": [ 22.104667, 22.520182, 23.538762, 23.596753 ] }, { "date": "2025-09-19", "close": 22.57, "volume": 436657, "typical_volume": 771747.4, "trend": 23.394333, "fair_value": 28.452564, "relative_strength": -20.409646, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.676558, "energy": 24.502418, "activity_lines": [ 22.312, 22.415273, 23.402286, 23.542925 ] }, { "date": "2025-09-26", "close": 20.92, "volume": 472500, "typical_volume": 772642.95, "trend": 23.398333, "fair_value": 28.441795, "relative_strength": -23.356665, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.427674, "energy": 38.424095, "activity_lines": [ 21.894667, 22.062909, 23.110667, 23.38329 ] }, { "date": "2025-10-03", "close": 21.719999, "volume": 446608, "typical_volume": 740088.5, "trend": 23.362, "fair_value": 28.432628, "relative_strength": -20.027776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.130127, "energy": 34.626304, "activity_lines": [ 21.828, 21.936364, 22.89881, 23.275011 ] }, { "date": "2025-10-10", "close": 20.540001, "volume": 1129666, "typical_volume": 751000.05, "trend": 23.33, "fair_value": 28.421987, "relative_strength": -24.454572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.559305, "energy": 52.686836, "activity_lines": [ 21.327333, 21.646, 22.590286, 23.092946 ] }, { "date": "2025-10-17", "close": 19.959999, "volume": 768067, "typical_volume": 718566.7, "trend": 23.207667, "fair_value": 28.411795, "relative_strength": -26.796753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.439919, "energy": 66.112958, "activity_lines": [ 20.768666, 21.302727, 22.25019, 22.875527 ] }, { "date": "2025-10-24", "close": 20.959999, "volume": 449900, "typical_volume": 703944.9, "trend": 23.222333, "fair_value": 28.412179, "relative_strength": -22.60566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.487288, "energy": 53.284047, "activity_lines": [ 20.707999, 21.196363, 22.033143, 22.730516 ] }, { "date": "2025-10-31", "close": 20.860001, "volume": 688373, "typical_volume": 657930.3, "trend": 23.206, "fair_value": 28.406795, "relative_strength": -21.789494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.265664, "energy": 52.838656, "activity_lines": [ 20.721333, 21.080727, 21.832, 22.578107 ] }, { "date": "2025-11-07", "close": 19.93, "volume": 337432, "typical_volume": 628066.2, "trend": 23.140333, "fair_value": 28.400256, "relative_strength": -23.642718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.848653, "energy": 49.712495, "activity_lines": [ 20.428667, 20.82, 21.569238, 22.366753 ] }, { "date": "2025-11-14", "close": 19.959999, "volume": 507348, "typical_volume": 613461.55, "trend": 23.04, "fair_value": 28.388141, "relative_strength": -23.958936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.963711, "energy": 43.238068, "activity_lines": [ 20.265333, 20.586182, 21.329476, 22.16157 ] }, { "date": "2025-11-21", "close": 19.49, "volume": 393018, "typical_volume": 592760.35, "trend": 22.899, "fair_value": 28.3775, "relative_strength": -25.403414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.873647, "energy": 54.995181, "activity_lines": [ 19.984, 20.314363, 21.071428, 21.932538 ] }, { "date": "2025-11-28", "close": 19.41, "volume": 354713, "typical_volume": 552628.9, "trend": 22.779667, "fair_value": 28.353526, "relative_strength": -25.171666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.129493, "energy": 60.597006, "activity_lines": [ 19.707333, 20.081454, 20.832476, 21.707441 ] }, { "date": "2025-12-05", "close": 19.01, "volume": 259621, "typical_volume": 539323.8, "trend": 22.691, "fair_value": 28.326987, "relative_strength": -25.70636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.25543, "energy": 70.562239, "activity_lines": [ 19.400667, 19.833273, 20.584238, 21.464236 ] }, { "date": "2025-12-12", "close": 19.360001, "volume": 464697, "typical_volume": 545662.95, "trend": 22.502333, "fair_value": 28.267115, "relative_strength": -23.033023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.329263, "energy": 60.282097, "activity_lines": [ 19.334, 19.683455, 20.399476, 21.249333 ] }, { "date": "2025-12-19", "close": 19.040001, "volume": 440726, "typical_volume": 550404.8, "trend": 22.286667, "fair_value": 28.235, "relative_strength": -23.199328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.268339, "energy": 51.927747, "activity_lines": [ 19.198667, 19.518364, 20.208762, 21.025957 ] }, { "date": "2025-12-26", "close": 19.0, "volume": 292091, "typical_volume": 549933.8, "trend": 22.06, "fair_value": 28.188205, "relative_strength": -22.693045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.319281, "energy": 48.38721, "activity_lines": [ 19.111334, 19.373273, 20.035143, 20.813914 ] }, { "date": "2026-01-02", "close": 19.389999, "volume": 361036, "typical_volume": 547506.55, "trend": 21.829667, "fair_value": 28.158333, "relative_strength": -21.030074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.141574, "energy": 42.691928, "activity_lines": [ 19.186667, 19.316546, 19.917667, 20.641656 ] }, { "date": "2026-01-09", "close": 18.200001, "volume": 402057, "typical_volume": 543067.75, "trend": 21.552333, "fair_value": 28.119231, "relative_strength": -23.26507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.072771, "energy": 50.658738, "activity_lines": [ 18.866667, 19.072, 19.696667, 20.407484 ] }, { "date": "2026-01-16", "close": 18.32, "volume": 331280, "typical_volume": 545939.8, "trend": 21.357667, "fair_value": 28.085385, "relative_strength": -21.852093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.907013, "energy": 52.337654, "activity_lines": [ 18.640667, 18.897637, 19.506048, 20.198946 ] }, { "date": "2026-01-23", "close": 17.23, "volume": 422077, "typical_volume": 464129.95, "trend": 21.081333, "fair_value": 28.059936, "relative_strength": -23.75979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.850561, "energy": 72.755692, "activity_lines": [ 18.120667, 18.554364, 19.224905, 19.932645 ] }, { "date": "2026-01-30", "close": 17.41, "volume": 252140, "typical_volume": 460500.35, "trend": 20.825, "fair_value": 28.030833, "relative_strength": -22.958496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.365503, "energy": 75.434112, "activity_lines": [ 17.781333, 18.293455, 18.986333, 19.695785 ] }, { "date": "2026-02-06", "close": 17.34, "volume": 426061, "typical_volume": 459970.55, "trend": 20.554333, "fair_value": 28.001603, "relative_strength": -23.625847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.728865, "energy": 73.108615, "activity_lines": [ 17.524667, 18.057636, 18.765, 19.470946 ] }, { "date": "2026-02-13", "close": 17.18, "volume": 380164, "typical_volume": 455353.75, "trend": 20.282333, "fair_value": 27.972308, "relative_strength": -23.165019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.654128, "energy": 69.462464, "activity_lines": [ 17.351333, 17.830364, 18.553333, 19.253247 ] }, { "date": "2026-02-20", "close": 16.68, "volume": 281137, "typical_volume": 447080.2, "trend": 20.021333, "fair_value": 27.946859, "relative_strength": -25.117641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.081288, "energy": 58.070196, "activity_lines": [ 17.079333, 17.545455, 18.311857, 19.020839 ] }, { "date": "2026-02-27", "close": 16.02, "volume": 485272, "typical_volume": 414860.5, "trend": 19.774333, "fair_value": 27.920064, "relative_strength": -26.465904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.500783, "energy": 59.84475, "activity_lines": [ 16.696667, 17.189273, 18.031524, 18.762688 ] }, { "date": "2026-03-06", "close": 16.280001, "volume": 694868, "typical_volume": 411200.55, "trend": 19.550667, "fair_value": 27.885321, "relative_strength": -22.451236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.581665, "energy": 53.198382, "activity_lines": [ 16.481334, 16.935273, 17.797476, 18.537247 ] }, { "date": "2026-03-13", "close": 14.72, "volume": 2155744, "typical_volume": 496492.75, "trend": 19.326333, "fair_value": 27.84891, "relative_strength": -25.405338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.233945, "energy": 63.345042, "activity_lines": [ 15.821334, 16.447091, 17.432381, 18.225591 ] }, { "date": "2026-03-20", "close": 14.74, "volume": 813745, "typical_volume": 502761.35, "trend": 19.078333, "fair_value": 27.81391, "relative_strength": -24.548578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.847484, "energy": 67.495354, "activity_lines": [ 15.342667, 16.047455, 17.098905, 17.929699 ] }, { "date": "2026-03-27", "close": 14.16, "volume": 1199246, "typical_volume": 545852.05, "trend": 18.846667, "fair_value": 27.776795, "relative_strength": -26.157465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.956032, "energy": 71.219521, "activity_lines": [ 14.833333, 15.605273, 16.739333, 17.612387 ] }, { "date": "2026-04-03", "close": 14.38, "volume": 786541, "typical_volume": 559811.7, "trend": 18.573667, "fair_value": 27.730192, "relative_strength": -24.139459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.875462, "energy": 74.4356, "activity_lines": [ 14.565333, 15.278727, 16.428191, 17.324215 ] }, { "date": "2026-04-10", "close": 16.639999, "volume": 1072509, "typical_volume": 593786.25, "trend": 18.380667, "fair_value": 27.686538, "relative_strength": -16.584729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.567674, "energy": 47.792244, "activity_lines": [ 15.16, 15.414909, 16.358857, 17.199462 ] }, { "date": "2026-04-17", "close": 18.35, "volume": 1319720, "typical_volume": 642036.6, "trend": 18.24, "fair_value": 27.647756, "relative_strength": -8.713376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.651917, "energy": 17.666503, "activity_lines": [ 16.300666, 15.876, 16.465952, 17.197484 ] }, { "date": "2026-04-24", "close": 18.110001, "volume": 715426, "typical_volume": 664826.85, "trend": 18.146333, "fair_value": 27.611603, "relative_strength": -7.697467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.403346, "energy": 18.999053, "activity_lines": [ 17.119333, 16.275091, 16.555238, 17.189097 ] }, { "date": "2026-05-01", "close": 19.6, "volume": 872316, "typical_volume": 685207.8, "trend": 18.075667, "fair_value": 27.585, "relative_strength": -0.219849, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.6572, "energy": 36.276415, "activity_lines": [ 18.21, 16.928182, 16.790714, 17.282882 ] }, { "date": "2026-05-08", "close": 18.68, "volume": 679341, "typical_volume": 697138.55, "trend": 18.013667, "fair_value": 27.561795, "relative_strength": -5.31685, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.203521, "energy": 34.304262, "activity_lines": [ 18.631333, 17.360909, 16.937429, 17.321871 ] }, { "date": "2026-05-15", "close": 17.559999, "volume": 516457, "typical_volume": 708356.85, "trend": 17.933667, "fair_value": 27.533974, "relative_strength": -8.433392, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.619925, "energy": 28.305141, "activity_lines": [ 18.392666, 17.541636, 16.97919, 17.292602 ] }, { "date": "2026-05-22", "close": 17.610001, "volume": 570272, "typical_volume": 718818.65, "trend": 17.822, "fair_value": 27.510321, "relative_strength": -7.845603, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.862466, "energy": 22.189954, "activity_lines": [ 18.109333, 17.708182, 17.032571, 17.271721 ] }, { "date": "2026-05-29", "close": 17.48, "volume": 444269, "typical_volume": 720929.25, "trend": 17.709333, "fair_value": 27.468205, "relative_strength": -7.194753, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.045795, "energy": 10.130682, "activity_lines": [ 17.832, 17.798546, 17.082048, 17.249656 ] }, { "date": "2026-06-05", "close": 17.700001, "volume": 60768, "typical_volume": 707403.65, "trend": 17.635, "fair_value": 27.410833, "relative_strength": -4.623547, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.336372, "energy": 5.427184, "activity_lines": [ 17.67, 17.879091, 17.155905, 17.249054 ] }, { "date": "2026-06-12", "close": 17.65, "volume": 75007, "typical_volume": 690050.15, "trend": 17.558, "fair_value": 27.359551, "relative_strength": -5.176594, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.837229, "energy": 5.514931, "activity_lines": [ 17.618, 17.886182, 17.227953, 17.250022 ] }, { "date": "2026-06-19", "close": 17.530001, "volume": 231839, "typical_volume": 689035.1, "trend": 17.492667, "fair_value": 27.311346, "relative_strength": -6.823918, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.157264, "energy": 5.245302, "activity_lines": [ 17.594667, 17.812, 17.286572, 17.248215 ] }, { "date": "2026-06-26", "close": 16.93, "volume": 0, "typical_volume": 667732.05, "trend": 17.41, "fair_value": 27.261859, "relative_strength": -9.525916, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.918532, "energy": 5.794111, "activity_lines": [ 17.373334, 17.612546, 17.287476, 17.211914 ] }, { "date": "2026-07-03", "close": 17.01, "volume": 80791, "typical_volume": 652763.4, "trend": 17.343334, "fair_value": 27.20968, "relative_strength": -9.263803, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.117924, "energy": 7.484238, "activity_lines": [ 17.224, 17.453455, 17.297953, 17.186108 ] }, { "date": "2026-07-10", "close": 16.76, "volume": 273126, "typical_volume": 652362.85, "trend": 17.256667, "fair_value": 27.159744, "relative_strength": -9.641357, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.303201, "energy": 15.448262, "activity_lines": [ 17.022667, 17.268909, 17.285429, 17.148473 ] }, { "date": "2026-07-17", "close": 17.0, "volume": 459652, "typical_volume": 651081.85, "trend": 17.188667, "fair_value": 27.106218, "relative_strength": -8.097771, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.509782, "energy": 16.170117, "activity_lines": [ 16.964, 17.179637, 17.295381, 17.131914 ] }, { "date": "2026-07-24", "close": 17.280001, "volume": 450274, "typical_volume": 638852.15, "trend": 17.131333, "fair_value": 27.055449, "relative_strength": -3.723366, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.010117, "energy": 9.449444, "activity_lines": [ 17.042, 17.171819, 17.327334, 17.137807 ] }, { "date": "2026-07-31", "close": 16.889999, "volume": 170907, "typical_volume": 539610.3, "trend": 17.048, "fair_value": 27.004744, "relative_strength": -7.660213, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.184023, "energy": 14.493678, "activity_lines": [ 17.006667, 17.098182, 17.317381, 17.122237 ] }, { "date": "2026-08-07", "close": 17.209999, "volume": 532290, "typical_volume": 525537.55, "trend": 17.015, "fair_value": 26.953846, "relative_strength": -6.041197, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.421366, "energy": 8.336432, "activity_lines": [ 17.080666, 17.095818, 17.327571, 17.132688 ] } ], "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." } } }