{ "ticker": { "uuid": "6b16903b-a312-4f75-a0c6-7cbbdbf0e76a", "symbol": "4559", "name": "Joy Industrial Co., Ltd.", "exchange": "TWO", "country": "TW", "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": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 83.194, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 46.913, "architecture_energy": 28.668, "architecture_maturity": 27.615, "architecture_confidence": 61.617, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 41.63, "rotation_up": 46.24, "upward_expansion": 74.62, "deceleration": 56.82, "rotation_down": 17.52, "downward_expansion": 3.62 }, "activity_lines": [ 9.422, 9.262364, 9.073714, 8.891441 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 9.24, "trend_reference": 8.634, "distance_from_trend": 0.070188, "trend_direction": "Improving", "fair_value": 9.207173, "distance_from_fair_value": 0.003565, "fair_value_direction": "Improving", "relative_strength": -16.162956, "relative_strength_direction": "Improving", "price_momentum": 0.147826, "excess_performance": -0.293546, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070188, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.088136, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.003565, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0614, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.16163, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062302, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.147826, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.510936, "read": "Supply-led" } ], "volume": { "latest": 884158, "relative_activity": 1.601932, "balance": 0.510936, "dry_up": 0.949145, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.167083, "annualized_volatility": 0.515309, "from_high_reference": -0.403871, "from_low_reference": 0.45283 }, "levels": { "trend_reference": 8.634, "fair_value_reference": 9.207173, "structural_low": 7.55, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.036649, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": 0.02289, "regime_survival": 0.555556, "best_return": 0.311688, "worst_return": -0.089137, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.046148, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.155587, "regime_survival": 0.25, "best_return": 0.24026, "worst_return": -0.247911, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.005067, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.035665, "regime_survival": 0.333333, "best_return": 0.005, "worst_return": -0.165138, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.094684, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.04571, "regime_survival": 0.0, "best_return": -0.02, "worst_return": -0.169368, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-03-08", "tenure": "New", "return": 0.009569, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-03-22", "tenure": "New", "return": 0.015306, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-04-05", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-06-21", "tenure": "Developing", "return": 0.036458, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-11-29", "tenure": "Established", "return": -0.022, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.015228, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": 0.037234, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.118182, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2026-01-09", "tenure": "Extended", "return": -0.223847, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-02-13", "tenure": "Developing", "return": -0.047059, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.034783, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.142857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.216038, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-05", "end": "2026-08-14", "tenure": "Developing", "return": 0.113253, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 11.02788, "volume": 53400, "typical_volume": 42084.6, "trend": 11.766283, "fair_value": 12.636182, "relative_strength": -15.507029, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.567119, "energy": 41.141708, "activity_lines": [ 11.541551, 11.667051, 11.739911, 11.780367 ] }, { "date": "2023-08-18", "close": 10.546313, "volume": 26000, "typical_volume": 36209.65, "trend": 11.729363, "fair_value": 12.65872, "relative_strength": -17.749175, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -82.561745, "energy": 73.369532, "activity_lines": [ 11.188402, 11.44553, 11.625252, 11.701659 ] }, { "date": "2023-08-25", "close": 10.59447, "volume": 17010, "typical_volume": 28010.15, "trend": 11.694048, "fair_value": 12.680544, "relative_strength": -17.522021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.040245, "energy": 80.026506, "activity_lines": [ 10.925146, 11.259908, 11.519996, 11.628441 ] }, { "date": "2023-09-01", "close": 10.209217, "volume": 32010, "typical_volume": 25030.3, "trend": 11.671575, "fair_value": 12.696996, "relative_strength": -20.888875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.206947, "energy": 89.459486, "activity_lines": [ 10.607312, 11.029631, 11.382176, 11.532645 ] }, { "date": "2023-09-08", "close": 10.209217, "volume": 10020, "typical_volume": 24884.9, "trend": 11.655522, "fair_value": 12.711513, "relative_strength": -20.072479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.686977, "energy": 88.816557, "activity_lines": [ 10.385791, 10.831751, 11.252153, 11.438299 ] }, { "date": "2023-09-15", "close": 10.450001, "volume": 8200, "typical_volume": 25269.6, "trend": 11.633049, "fair_value": 12.722168, "relative_strength": -19.29489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.045928, "energy": 84.335201, "activity_lines": [ 10.363318, 10.702166, 11.153088, 11.360524 ] }, { "date": "2023-09-22", "close": 10.401843, "volume": 9010, "typical_volume": 24419.9, "trend": 11.578472, "fair_value": 12.730523, "relative_strength": -16.285391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.242286, "energy": 78.77414, "activity_lines": [ 10.363318, 10.592719, 11.056316, 11.281091 ] }, { "date": "2023-09-29", "close": 10.55, "volume": 18006, "typical_volume": 24659.2, "trend": 11.51278, "fair_value": 12.731861, "relative_strength": -14.53563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.331749, "energy": 56.66209, "activity_lines": [ 10.422335, 10.532975, 10.979616, 11.214738 ] }, { "date": "2023-10-06", "close": 10.85, "volume": 1000, "typical_volume": 20856.35, "trend": 11.457089, "fair_value": 12.742235, "relative_strength": -12.356196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.817146, "energy": 41.291004, "activity_lines": [ 10.584317, 10.548722, 10.937203, 11.171978 ] }, { "date": "2023-10-13", "close": 10.6, "volume": 14000, "typical_volume": 20490.8, "trend": 11.391459, "fair_value": 12.752714, "relative_strength": -15.070229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.300591, "energy": 36.067613, "activity_lines": [ 10.620246, 10.533632, 10.87435, 11.116682 ] }, { "date": "2023-10-20", "close": 10.3, "volume": 13480, "typical_volume": 20900.05, "trend": 11.323856, "fair_value": 12.762407, "relative_strength": -15.103975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.837912, "energy": 40.475432, "activity_lines": [ 10.530123, 10.489288, 10.789092, 11.046265 ] }, { "date": "2023-10-27", "close": 10.3, "volume": 0, "typical_volume": 20697.55, "trend": 11.281935, "fair_value": 12.770678, "relative_strength": -12.749645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.549898, "energy": 46.167376, "activity_lines": [ 10.45, 10.458178, 10.711197, 10.98021 ] }, { "date": "2023-11-03", "close": 10.3, "volume": 0, "typical_volume": 20545.0, "trend": 11.243226, "fair_value": 12.779859, "relative_strength": -13.943656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.159493, "energy": 59.836624, "activity_lines": [ 10.376667, 10.431546, 10.641584, 10.916859 ] }, { "date": "2023-11-10", "close": 10.25, "volume": 1000, "typical_volume": 19864.2, "trend": 11.190008, "fair_value": 12.787241, "relative_strength": -14.507107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.526504, "energy": 81.87092, "activity_lines": [ 10.303333, 10.401177, 10.575262, 10.85278 ] }, { "date": "2023-11-17", "close": 10.1, "volume": 6000, "typical_volume": 19323.85, "trend": 11.130184, "fair_value": 12.793945, "relative_strength": -17.749702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.304687, "energy": 88.38353, "activity_lines": [ 10.22, 10.342794, 10.502945, 10.782457 ] }, { "date": "2023-11-24", "close": 10.35, "volume": 12654, "typical_volume": 14569.8, "trend": 11.078694, "fair_value": 12.804813, "relative_strength": -15.592884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.647875, "energy": 74.164675, "activity_lines": [ 10.253333, 10.331852, 10.461378, 10.732123 ] }, { "date": "2023-12-01", "close": 10.4, "volume": 9290, "typical_volume": 14031.75, "trend": 11.036897, "fair_value": 12.814009, "relative_strength": -15.501306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.974881, "energy": 51.140721, "activity_lines": [ 10.3, 10.331818, 10.432617, 10.688336 ] }, { "date": "2023-12-08", "close": 10.4, "volume": 0, "typical_volume": 12429.95, "trend": 10.991889, "fair_value": 12.822921, "relative_strength": -14.818854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.011125, "energy": 41.170109, "activity_lines": [ 10.34, 10.331818, 10.409827, 10.647246 ] }, { "date": "2023-12-15", "close": 10.3, "volume": 29003, "typical_volume": 13061.15, "trend": 10.949969, "fair_value": 12.83233, "relative_strength": -16.51976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.464187, "energy": 34.42049, "activity_lines": [ 10.34, 10.316364, 10.383713, 10.602608 ] }, { "date": "2023-12-22", "close": 10.25, "volume": 5000, "typical_volume": 13254.15, "trend": 10.895146, "fair_value": 12.841419, "relative_strength": -16.052435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.948925, "energy": 38.404886, "activity_lines": [ 10.32, 10.301818, 10.359285, 10.557449 ] }, { "date": "2023-12-29", "close": 10.35, "volume": 9210, "typical_volume": 11044.65, "trend": 10.845261, "fair_value": 12.849441, "relative_strength": -16.312863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.107634, "energy": 33.367445, "activity_lines": [ 10.323333, 10.311818, 10.352671, 10.522278 ] }, { "date": "2024-01-05", "close": 10.3, "volume": 28125, "typical_volume": 11150.9, "trend": 10.787289, "fair_value": 12.85885, "relative_strength": -14.235613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.802125, "energy": 37.705427, "activity_lines": [ 10.31, 10.311818, 10.344523, 10.4871 ] }, { "date": "2024-01-12", "close": 10.3, "volume": 0, "typical_volume": 10300.4, "trend": 10.730922, "fair_value": 12.868316, "relative_strength": -13.698087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.190553, "energy": 37.689002, "activity_lines": [ 10.303333, 10.311818, 10.337548, 10.455662 ] }, { "date": "2024-01-19", "close": 9.9, "volume": 10321, "typical_volume": 9215.95, "trend": 10.661221, "fair_value": 12.875104, "relative_strength": -17.313116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.137297, "energy": 61.039681, "activity_lines": [ 10.17, 10.239091, 10.29388, 10.402054 ] }, { "date": "2024-01-26", "close": 10.0, "volume": 23539, "typical_volume": 9891.9, "trend": 10.609301, "fair_value": 12.883159, "relative_strength": -17.405928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.898742, "energy": 66.309568, "activity_lines": [ 10.096667, 10.190909, 10.261208, 10.359394 ] }, { "date": "2024-02-02", "close": 11.65, "volume": 139992, "typical_volume": 16481.5, "trend": 10.596329, "fair_value": 12.900084, "relative_strength": -3.979712, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 17.874678, "energy": 20.781544, "activity_lines": [ 10.59, 10.444545, 10.386675, 10.426536 ] }, { "date": "2024-02-09", "close": 11.95, "volume": 62016, "typical_volume": 19131.8, "trend": 10.606198, "fair_value": 12.920866, "relative_strength": -1.631906, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.391468, "energy": 69.964602, "activity_lines": [ 11.096667, 10.729091, 10.535, 10.51387 ] }, { "date": "2024-02-16", "close": 11.95, "volume": 157159, "typical_volume": 26089.45, "trend": 10.614462, "fair_value": 12.940568, "relative_strength": -4.124428, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.256059, "energy": 76.164709, "activity_lines": [ 11.493333, 10.985455, 10.675952, 10.600567 ] }, { "date": "2024-02-23", "close": 11.05, "volume": 169810, "typical_volume": 34529.95, "trend": 10.594332, "fair_value": 12.955695, "relative_strength": -12.185556, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.497475, "energy": 63.438192, "activity_lines": [ 11.48, 11.05, 10.724524, 10.628666 ] }, { "date": "2024-03-01", "close": 10.45, "volume": 89443, "typical_volume": 38302.1, "trend": 10.542965, "fair_value": 12.966919, "relative_strength": -16.555769, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.817027, "energy": 53.079208, "activity_lines": [ 11.19, 10.991818, 10.715, 10.619354 ] }, { "date": "2024-03-08", "close": 10.55, "volume": 290704, "typical_volume": 52163.3, "trend": 10.527035, "fair_value": 12.969111, "relative_strength": -18.728193, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.739756, "energy": 19.300408, "activity_lines": [ 10.903333, 10.948182, 10.715714, 10.619808 ] }, { "date": "2024-03-15", "close": 9.8, "volume": 51372, "typical_volume": 54731.9, "trend": 10.502158, "fair_value": 12.964219, "relative_strength": -23.403188, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.715033, "energy": 22.275591, "activity_lines": [ 10.44, 10.764545, 10.64381, 10.572903 ] }, { "date": "2024-03-22", "close": 9.95, "volume": 94414, "typical_volume": 59452.6, "trend": 10.480676, "fair_value": 12.95346, "relative_strength": -23.691311, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.762252, "energy": 26.479913, "activity_lines": [ 10.17, 10.617273, 10.588571, 10.53728 ] }, { "date": "2024-03-29", "close": 10.0, "volume": 11000, "typical_volume": 59952.6, "trend": 10.473702, "fair_value": 12.940746, "relative_strength": -23.016203, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.935159, "energy": 29.800622, "activity_lines": [ 10.05, 10.485455, 10.539762, 10.506268 ] }, { "date": "2024-04-05", "close": 10.0, "volume": 10000, "typical_volume": 60152.6, "trend": 10.466728, "fair_value": 12.92917, "relative_strength": -22.640247, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.197819, "energy": 37.077849, "activity_lines": [ 10.0, 10.351818, 10.492143, 10.475707 ] }, { "date": "2024-04-12", "close": 9.6, "volume": 86001, "typical_volume": 63819.95, "trend": 10.438395, "fair_value": 12.913892, "relative_strength": -26.539523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.04537, "energy": 53.924416, "activity_lines": [ 9.846667, 10.145455, 10.406905, 10.419789 ] }, { "date": "2024-04-19", "close": 9.89, "volume": 62072, "typical_volume": 66459.05, "trend": 10.421333, "fair_value": 12.900473, "relative_strength": -19.000627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.362225, "energy": 40.484851, "activity_lines": [ 9.853333, 10.029091, 10.352857, 10.384409 ] }, { "date": "2024-04-26", "close": 9.55, "volume": 86128, "typical_volume": 70765.45, "trend": 10.388, "fair_value": 12.886013, "relative_strength": -23.411522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.173984, "energy": 44.351859, "activity_lines": [ 9.740667, 9.888364, 10.268857, 10.328194 ] }, { "date": "2024-05-03", "close": 9.85, "volume": 42406, "typical_volume": 71435.6, "trend": 10.354667, "fair_value": 12.874613, "relative_strength": -21.181736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.479931, "energy": 43.318575, "activity_lines": [ 9.754667, 9.845818, 10.217476, 10.293484 ] }, { "date": "2024-05-10", "close": 9.94, "volume": 24000, "typical_volume": 72385.6, "trend": 10.332667, "fair_value": 12.840746, "relative_strength": -21.230376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.139174, "energy": 33.153901, "activity_lines": [ 9.808667, 9.841455, 10.17681, 10.266731 ] }, { "date": "2024-05-17", "close": 9.85, "volume": 125577, "typical_volume": 78203.95, "trend": 10.317667, "fair_value": 12.807724, "relative_strength": -23.354098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.384445, "energy": 29.535401, "activity_lines": [ 9.836667, 9.83, 10.129048, 10.235591 ] }, { "date": "2024-05-24", "close": 9.85, "volume": 32922, "typical_volume": 78443.8, "trend": 10.302667, "fair_value": 12.788358, "relative_strength": -23.805046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.356968, "energy": 29.870614, "activity_lines": [ 9.848, 9.831273, 10.083667, 10.205419 ] }, { "date": "2024-05-31", "close": 10.1, "volume": 21912, "typical_volume": 79539.4, "trend": 10.296, "fair_value": 12.771449, "relative_strength": -19.831116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.230138, "energy": 21.856342, "activity_lines": [ 9.945333, 9.877091, 10.064238, 10.192344 ] }, { "date": "2024-06-07", "close": 10.15, "volume": 14650, "typical_volume": 79755.85, "trend": 10.292667, "fair_value": 12.754859, "relative_strength": -21.323759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.798854, "energy": 20.145483, "activity_lines": [ 10.022667, 9.929273, 10.050524, 10.182925 ] }, { "date": "2024-06-14", "close": 10.25, "volume": 46253, "typical_volume": 80891.55, "trend": 10.297667, "fair_value": 12.738911, "relative_strength": -22.2271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.335381, "energy": 19.014695, "activity_lines": [ 10.113333, 9.996909, 10.045143, 10.180172 ] }, { "date": "2024-06-21", "close": 9.95, "volume": 23232, "typical_volume": 75053.55, "trend": 10.284333, "fair_value": 12.704539, "relative_strength": -26.282519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.0615, "energy": 20.949639, "activity_lines": [ 10.083333, 10.005455, 10.01, 10.157742 ] }, { "date": "2024-06-28", "close": 10.0, "volume": 114560, "typical_volume": 77680.75, "trend": 10.271, "fair_value": 12.656262, "relative_strength": -24.578342, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.888108, "energy": 12.805454, "activity_lines": [ 10.063333, 10.016727, 9.987714, 10.139398 ] }, { "date": "2024-07-05", "close": 9.65, "volume": 154300, "typical_volume": 77537.8, "trend": 10.246, "fair_value": 12.612854, "relative_strength": -28.086663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.612648, "energy": 26.631062, "activity_lines": [ 9.916667, 9.962364, 9.941381, 10.099333 ] }, { "date": "2024-07-12", "close": 10.0, "volume": 142837, "typical_volume": 76189.15, "trend": 10.236, "fair_value": 12.569697, "relative_strength": -25.960907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.43136, "energy": 24.420799, "activity_lines": [ 9.916667, 9.969818, 9.939333, 10.083462 ] }, { "date": "2024-07-19", "close": 10.2, "volume": 527138, "typical_volume": 98073.9, "trend": 10.234333, "fair_value": 12.527823, "relative_strength": -20.36664, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.368152, "energy": 13.684129, "activity_lines": [ 9.993333, 10.010909, 9.961333, 10.08114 ] }, { "date": "2024-07-26", "close": 10.25, "volume": 13838, "typical_volume": 84230.6, "trend": 10.231, "fair_value": 12.484847, "relative_strength": -16.660337, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.543061, "energy": 5.024852, "activity_lines": [ 10.09, 10.056364, 9.989286, 10.082151 ] }, { "date": "2024-08-02", "close": 10.05, "volume": 90212, "typical_volume": 86172.6, "trend": 10.222667, "fair_value": 12.441727, "relative_strength": -15.74857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.726278, "energy": 11.071202, "activity_lines": [ 10.1, 10.058182, 9.999619, 10.070473 ] }, { "date": "2024-08-09", "close": 10.0, "volume": 37037, "typical_volume": 83303.75, "trend": 10.212667, "fair_value": 12.39914, "relative_strength": -14.918345, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.749927, "energy": 10.960105, "activity_lines": [ 10.09, 10.047273, 10.004, 10.056108 ] }, { "date": "2024-08-16", "close": 10.2, "volume": 285008, "typical_volume": 97004.15, "trend": 10.222667, "fair_value": 12.353852, "relative_strength": -16.082615, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.829866, "energy": 7.632316, "activity_lines": [ 10.123333, 10.074545, 10.02719, 10.05529 ] }, { "date": "2024-08-23", "close": 10.0, "volume": 50452, "typical_volume": 99026.75, "trend": 10.222667, "fair_value": 12.313541, "relative_strength": -16.452091, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.877632, "energy": 6.670397, "activity_lines": [ 10.076667, 10.064545, 10.030381, 10.040925 ] }, { "date": "2024-08-30", "close": 10.3, "volume": 42552, "typical_volume": 96854.3, "trend": 10.177667, "fair_value": 12.281981, "relative_strength": -13.90868, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.607354, "energy": 3.711479, "activity_lines": [ 10.143333, 10.113636, 10.062143, 10.045914 ] }, { "date": "2024-09-06", "close": 10.1, "volume": 25510, "typical_volume": 95026.2, "trend": 10.116, "fair_value": 12.249139, "relative_strength": -11.843453, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.28726, "energy": 7.985501, "activity_lines": [ 10.14, 10.12, 10.071524, 10.040903 ] }, { "date": "2024-09-13", "close": 10.1, "volume": 38910, "typical_volume": 92665.3, "trend": 10.054333, "fair_value": 12.222841, "relative_strength": -12.675947, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.715075, "energy": 6.758316, "activity_lines": [ 10.133333, 10.124545, 10.079905, 10.039871 ] }, { "date": "2024-09-20", "close": 10.05, "volume": 22200, "typical_volume": 91655.0, "trend": 10.021, "fair_value": 12.193662, "relative_strength": -14.107514, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.657728, "energy": 15.690872, "activity_lines": [ 10.103333, 10.111818, 10.080905, 10.039591 ] }, { "date": "2024-09-27", "close": 10.05, "volume": 43034, "typical_volume": 92606.7, "trend": 10.007667, "fair_value": 12.16586, "relative_strength": -15.977471, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.565145, "energy": 11.391856, "activity_lines": [ 10.083333, 10.098182, 10.080952, 10.041462 ] }, { "date": "2024-10-04", "close": 10.45, "volume": 58460, "typical_volume": 89250.85, "trend": 10.004333, "fair_value": 12.141802, "relative_strength": -9.974268, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.002493, "energy": 25.071472, "activity_lines": [ 10.193333, 10.16, 10.118571, 10.07 ] }, { "date": "2024-10-11", "close": 10.45, "volume": 33022, "typical_volume": 89255.85, "trend": 10.026, "fair_value": 12.107136, "relative_strength": -11.75705, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.789537, "energy": 33.886934, "activity_lines": [ 10.293333, 10.218182, 10.153333, 10.098753 ] }, { "date": "2024-10-18", "close": 10.45, "volume": 169939, "typical_volume": 96657.2, "trend": 10.042667, "fair_value": 12.074238, "relative_strength": -13.372323, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.174953, "energy": 43.694807, "activity_lines": [ 10.37, 10.269091, 10.185238, 10.126108 ] }, { "date": "2024-10-25", "close": 10.2, "volume": 91067, "typical_volume": 100478.05, "trend": 10.049333, "fair_value": 12.041505, "relative_strength": -14.295343, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.665324, "energy": 39.724383, "activity_lines": [ 10.34, 10.266364, 10.191667, 10.136258 ] }, { "date": "2024-11-01", "close": 10.15, "volume": 41981, "typical_volume": 100264.45, "trend": 10.054333, "fair_value": 12.009336, "relative_strength": -11.995306, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.666448, "energy": 25.074787, "activity_lines": [ 10.283333, 10.254545, 10.193095, 10.142753 ] }, { "date": "2024-11-08", "close": 10.2, "volume": 79171, "typical_volume": 103061.4, "trend": 10.074333, "fair_value": 11.977333, "relative_strength": -13.873932, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.850593, "energy": 14.593649, "activity_lines": [ 10.236667, 10.249091, 10.199762, 10.152151 ] }, { "date": "2024-11-15", "close": 9.95, "volume": 62183, "typical_volume": 100442.55, "trend": 10.076333, "fair_value": 11.944618, "relative_strength": -12.488411, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.44096, "energy": 12.496934, "activity_lines": [ 10.123333, 10.2, 10.181429, 10.144129 ] }, { "date": "2024-11-22", "close": 9.9, "volume": 146050, "typical_volume": 100030.05, "trend": 10.088, "fair_value": 11.905347, "relative_strength": -12.985115, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.505744, "energy": 15.650946, "activity_lines": [ 10.026667, 10.144545, 10.158571, 10.132753 ] }, { "date": "2024-11-29", "close": 9.78, "volume": 52280, "typical_volume": 95502.2, "trend": 10.085667, "fair_value": 11.863228, "relative_strength": -11.020522, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.111261, "energy": 30.378308, "activity_lines": [ 9.926667, 10.070909, 10.123095, 10.112882 ] }, { "date": "2024-12-06", "close": 9.85, "volume": 65000, "typical_volume": 72395.3, "trend": 10.082667, "fair_value": 11.819777, "relative_strength": -13.394565, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.077851, "energy": 39.532114, "activity_lines": [ 9.878, 10.014909, 10.095333, 10.097677 ] }, { "date": "2024-12-13", "close": 9.95, "volume": 52000, "typical_volume": 74303.4, "trend": 10.086, "fair_value": 11.77667, "relative_strength": -11.335167, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.865606, "energy": 36.753427, "activity_lines": [ 9.882667, 9.980727, 10.078762, 10.089118 ] }, { "date": "2024-12-20", "close": 9.89, "volume": 77000, "typical_volume": 73642.8, "trend": 10.087333, "fair_value": 11.733178, "relative_strength": -9.360389, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.492279, "energy": 36.766986, "activity_lines": [ 9.884, 9.944727, 10.057905, 10.076473 ] }, { "date": "2024-12-27", "close": 9.7, "volume": 144401, "typical_volume": 79011.0, "trend": 10.074, "fair_value": 11.687875, "relative_strength": -13.474279, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.673837, "energy": 35.015424, "activity_lines": [ 9.826, 9.884364, 10.019714, 10.051484 ] }, { "date": "2025-01-03", "close": 9.4, "volume": 108400, "typical_volume": 70180.6, "trend": 10.049, "fair_value": 11.640648, "relative_strength": -14.197213, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.191512, "energy": 49.532825, "activity_lines": [ 9.681333, 9.783091, 9.954381, 10.008 ] }, { "date": "2025-01-10", "close": 9.3, "volume": 129399, "typical_volume": 74127.95, "trend": 10.017333, "fair_value": 11.592484, "relative_strength": -14.862084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.304792, "energy": 60.719587, "activity_lines": [ 9.528667, 9.678182, 9.883333, 9.959677 ] }, { "date": "2025-01-17", "close": 9.8, "volume": 176145, "typical_volume": 80807.6, "trend": 10.012333, "fair_value": 11.548415, "relative_strength": -10.316619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.235491, "energy": 55.199583, "activity_lines": [ 9.579333, 9.679636, 9.863238, 9.945656 ] }, { "date": "2025-01-24", "close": 9.55, "volume": 64348, "typical_volume": 82749.5, "trend": 9.997333, "fair_value": 11.503041, "relative_strength": -13.478343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.506597, "energy": 52.871842, "activity_lines": [ 9.556667, 9.642909, 9.821714, 9.915828 ] }, { "date": "2025-02-07", "close": 9.9, "volume": 65003, "typical_volume": 84054.15, "trend": 10.005667, "fair_value": 11.462582, "relative_strength": -9.296732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.342462, "energy": 28.803275, "activity_lines": [ 9.673333, 9.677091, 9.816143, 9.909548 ] }, { "date": "2025-02-14", "close": 9.8, "volume": 32050, "typical_volume": 84546.65, "trend": 9.999, "fair_value": 11.41881, "relative_strength": -8.048186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.536961, "energy": 18.110967, "activity_lines": [ 9.743333, 9.693091, 9.802, 9.89628 ] }, { "date": "2025-02-21", "close": 9.9, "volume": 104892, "typical_volume": 87639.55, "trend": 9.989, "fair_value": 11.379243, "relative_strength": -8.510931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.317826, "energy": 16.74699, "activity_lines": [ 9.82, 9.726909, 9.798571, 9.889892 ] }, { "date": "2025-02-28", "close": 9.86, "volume": 65600, "typical_volume": 87996.55, "trend": 9.976, "fair_value": 11.339715, "relative_strength": -5.578101, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.787817, "energy": 18.054994, "activity_lines": [ 9.843333, 9.752545, 9.792048, 9.88157 ] }, { "date": "2025-03-07", "close": 9.75, "volume": 305510, "typical_volume": 101620.95, "trend": 9.966, "fair_value": 11.300077, "relative_strength": -4.170136, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.810349, "energy": 14.856585, "activity_lines": [ 9.826, 9.759818, 9.777857, 9.866989 ] }, { "date": "2025-03-14", "close": 9.9, "volume": 185810, "typical_volume": 102414.5, "trend": 9.962667, "fair_value": 11.266447, "relative_strength": 0.350875, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.512117, "energy": 8.821974, "activity_lines": [ 9.845333, 9.796909, 9.781286, 9.862731 ] }, { "date": "2025-03-21", "close": 10.1, "volume": 37434, "typical_volume": 99732.85, "trend": 9.959333, "fair_value": 11.242711, "relative_strength": 1.454398, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.709675, "energy": 7.150958, "activity_lines": [ 9.931333, 9.866727, 9.806381, 9.871591 ] }, { "date": "2025-03-28", "close": 9.8, "volume": 67010, "typical_volume": 100984.3, "trend": 9.952667, "fair_value": 11.214972, "relative_strength": 1.369597, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.634026, "energy": 9.147193, "activity_lines": [ 9.897333, 9.869273, 9.803381, 9.861312 ] }, { "date": "2025-04-04", "close": 9.8, "volume": 61050, "typical_volume": 100078.25, "trend": 9.936, "fair_value": 11.188718, "relative_strength": 2.963985, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.625677, "energy": 9.729254, "activity_lines": [ 9.87, 9.862727, 9.802048, 9.851462 ] }, { "date": "2025-04-11", "close": 8.73, "volume": 332300, "typical_volume": 113584.1, "trend": 9.890333, "fair_value": 11.154715, "relative_strength": 0.225341, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.153877, "energy": 52.640067, "activity_lines": [ 9.49, 9.661636, 9.700714, 9.773656 ] }, { "date": "2025-04-18", "close": 8.89, "volume": 4401, "typical_volume": 106501.65, "trend": 9.85, "fair_value": 11.122034, "relative_strength": 2.786332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.894122, "energy": 69.887474, "activity_lines": [ 9.231333, 9.504545, 9.620429, 9.709118 ] }, { "date": "2025-04-25", "close": 8.75, "volume": 38310, "typical_volume": 105803.15, "trend": 9.806667, "fair_value": 11.088752, "relative_strength": -0.981656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.903192, "energy": 79.32301, "activity_lines": [ 8.993333, 9.340364, 9.531619, 9.638151 ] }, { "date": "2025-05-02", "close": 8.9, "volume": 17300, "typical_volume": 103418.15, "trend": 9.768333, "fair_value": 11.055245, "relative_strength": -3.522903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.638514, "energy": 78.768691, "activity_lines": [ 8.895333, 9.222545, 9.462, 9.579656 ] }, { "date": "2025-05-09", "close": 9.1, "volume": 7155, "typical_volume": 101175.9, "trend": 9.723333, "fair_value": 11.03163, "relative_strength": -1.745393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.799402, "energy": 72.925232, "activity_lines": [ 8.924, 9.159273, 9.415952, 9.536538 ] }, { "date": "2025-05-16", "close": 8.9, "volume": 12475, "typical_volume": 97949.65, "trend": 9.671667, "fair_value": 11.008514, "relative_strength": -7.69937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.601962, "energy": 57.63569, "activity_lines": [ 8.932667, 9.073455, 9.354905, 9.483419 ] }, { "date": "2025-05-23", "close": 8.05, "volume": 67500, "typical_volume": 94104.6, "trend": 9.591667, "fair_value": 10.97995, "relative_strength": -15.439128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.125762, "energy": 61.879647, "activity_lines": [ 8.646667, 8.848545, 9.217619, 9.378796 ] }, { "date": "2025-05-30", "close": 8.1, "volume": 11011, "typical_volume": 89235.15, "trend": 9.521667, "fair_value": 10.952003, "relative_strength": -13.40565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.599133, "energy": 65.805578, "activity_lines": [ 8.433333, 8.666364, 9.092952, 9.282559 ] }, { "date": "2025-06-06", "close": 8.1, "volume": 19174, "typical_volume": 83723.9, "trend": 9.453333, "fair_value": 10.916633, "relative_strength": -14.270683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.922385, "energy": 83.940822, "activity_lines": [ 8.263333, 8.520545, 8.974476, 9.190839 ] }, { "date": "2025-06-13", "close": 7.95, "volume": 5200, "typical_volume": 75176.65, "trend": 9.378333, "fair_value": 10.883568, "relative_strength": -17.048895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.485419, "energy": 89.410083, "activity_lines": [ 8.096667, 8.378364, 8.847429, 9.093849 ] }, { "date": "2025-06-20", "close": 7.75, "volume": 23609, "typical_volume": 73139.7, "trend": 9.305, "fair_value": 10.848924, "relative_strength": -18.661544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.413102, "energy": 89.264648, "activity_lines": [ 7.94, 8.233455, 8.710143, 8.988796 ] }, { "date": "2025-06-27", "close": 7.9, "volume": 65325, "typical_volume": 73155.8, "trend": 9.238333, "fair_value": 10.814647, "relative_strength": -18.767282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.655752, "energy": 83.297721, "activity_lines": [ 7.91, 8.133636, 8.595714, 8.898151 ] }, { "date": "2025-07-04", "close": 7.7, "volume": 10200, "typical_volume": 72063.3, "trend": 9.169, "fair_value": 10.777011, "relative_strength": -20.379943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.296663, "energy": 71.908278, "activity_lines": [ 7.823333, 8.015455, 8.471762, 8.798903 ] }, { "date": "2025-07-11", "close": 7.7, "volume": 3000, "typical_volume": 66968.7, "trend": 9.097333, "fair_value": 10.735811, "relative_strength": -20.839494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.80203, "energy": 86.978932, "activity_lines": [ 7.763333, 7.916364, 8.35781, 8.704129 ] }, { "date": "2025-07-18", "close": 7.78, "volume": 32500, "typical_volume": 65313.7, "trend": 9.025, "fair_value": 10.687107, "relative_strength": -21.87911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.79941, "energy": 76.769907, "activity_lines": [ 7.756667, 7.853636, 8.261952, 8.61914 ] }, { "date": "2025-07-25", "close": 7.71, "volume": 61507, "typical_volume": 53113.55, "trend": 8.952333, "fair_value": 10.636173, "relative_strength": -22.111825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.484647, "energy": 72.161205, "activity_lines": [ 7.738, 7.802182, 8.169333, 8.534301 ] }, { "date": "2025-08-01", "close": 7.72, "volume": 6007, "typical_volume": 44123.4, "trend": 8.886333, "fair_value": 10.584115, "relative_strength": -21.768041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.558363, "energy": 61.297976, "activity_lines": [ 7.725333, 7.774182, 8.087381, 8.454796 ] }, { "date": "2025-08-08", "close": 7.78, "volume": 1685, "typical_volume": 42335.95, "trend": 8.832333, "fair_value": 10.549663, "relative_strength": -22.589231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.068273, "energy": 54.291194, "activity_lines": [ 7.744667, 7.763091, 8.021524, 8.383419 ] }, { "date": "2025-08-15", "close": 7.76, "volume": 17450, "typical_volume": 39857.95, "trend": 8.781, "fair_value": 10.515083, "relative_strength": -23.263938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.097344, "energy": 51.950089, "activity_lines": [ 7.752, 7.754182, 7.96481, 8.314237 ] }, { "date": "2025-08-22", "close": 7.7, "volume": 16000, "typical_volume": 37605.45, "trend": 8.711, "fair_value": 10.483682, "relative_strength": -21.550342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.563946, "energy": 54.45944, "activity_lines": [ 7.735333, 7.740545, 7.912095, 8.244495 ] }, { "date": "2025-08-29", "close": 7.44, "volume": 70063, "typical_volume": 24493.6, "trend": 8.640667, "fair_value": 10.450613, "relative_strength": -25.162388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.051015, "energy": 59.217408, "activity_lines": [ 7.637333, 7.684182, 7.844619, 8.162495 ] }, { "date": "2025-09-05", "close": 7.05, "volume": 229038, "typical_volume": 35725.45, "trend": 8.545667, "fair_value": 10.415045, "relative_strength": -29.262971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.588053, "energy": 60.351774, "activity_lines": [ 7.427333, 7.562545, 7.746143, 8.059871 ] }, { "date": "2025-09-12", "close": 6.91, "volume": 144230, "typical_volume": 41021.45, "trend": 8.449333, "fair_value": 10.378282, "relative_strength": -32.699056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.665358, "energy": 62.289472, "activity_lines": [ 7.215333, 7.430909, 7.643095, 7.954344 ] }, { "date": "2025-09-19", "close": 6.96, "volume": 58448, "typical_volume": 43078.85, "trend": 8.351333, "fair_value": 10.339168, "relative_strength": -31.862575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.207181, "energy": 62.674958, "activity_lines": [ 7.078, 7.322727, 7.553571, 7.858258 ] }, { "date": "2025-09-26", "close": 7.13, "volume": 7000, "typical_volume": 43071.1, "trend": 8.260333, "fair_value": 10.301143, "relative_strength": -29.611112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.343086, "energy": 59.002116, "activity_lines": [ 7.050667, 7.258909, 7.489476, 7.779462 ] }, { "date": "2025-10-03", "close": 6.85, "volume": 21000, "typical_volume": 43497.35, "trend": 8.163667, "fair_value": 10.261323, "relative_strength": -34.774995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.551388, "energy": 62.984078, "activity_lines": [ 6.968, 7.156, 7.408095, 7.688473 ] }, { "date": "2025-10-10", "close": 7.0, "volume": 1000, "typical_volume": 40172.35, "trend": 8.067, "fair_value": 10.225137, "relative_strength": -33.980761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.673656, "energy": 51.545876, "activity_lines": [ 6.974667, 7.096, 7.350762, 7.613398 ] }, { "date": "2025-10-17", "close": 7.03, "volume": 3002, "typical_volume": 39771.9, "trend": 7.964667, "fair_value": 10.188847, "relative_strength": -33.039703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.593515, "energy": 46.244353, "activity_lines": [ 6.994667, 7.054545, 7.301286, 7.546495 ] }, { "date": "2025-10-24", "close": 7.0, "volume": 25000, "typical_volume": 40063.2, "trend": 7.871333, "fair_value": 10.155927, "relative_strength": -33.245626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.842846, "energy": 44.520292, "activity_lines": [ 6.996667, 7.021273, 7.254048, 7.484258 ] }, { "date": "2025-10-31", "close": 7.22, "volume": 5500, "typical_volume": 40078.2, "trend": 7.785333, "fair_value": 10.122874, "relative_strength": -32.237633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.291551, "energy": 31.633863, "activity_lines": [ 7.069333, 7.041818, 7.233, 7.442237 ] }, { "date": "2025-11-07", "close": 7.22, "volume": 1500, "typical_volume": 38972.75, "trend": 7.735, "fair_value": 10.089821, "relative_strength": -30.155027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.011793, "energy": 25.817724, "activity_lines": [ 7.136, 7.071091, 7.215429, 7.405763 ] }, { "date": "2025-11-14", "close": 6.98, "volume": 105249, "typical_volume": 40968.95, "trend": 7.671333, "fair_value": 10.055539, "relative_strength": -31.22018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.341954, "energy": 24.956841, "activity_lines": [ 7.098, 7.060727, 7.177524, 7.357054 ] }, { "date": "2025-11-21", "close": 6.95, "volume": 21358, "typical_volume": 41526.85, "trend": 7.611333, "fair_value": 10.023533, "relative_strength": -28.372864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.711897, "energy": 24.426889, "activity_lines": [ 7.051333, 7.046182, 7.141143, 7.310516 ] }, { "date": "2025-11-28", "close": 6.95, "volume": 4001, "typical_volume": 41576.9, "trend": 7.546333, "fair_value": 9.991836, "relative_strength": -30.807237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.818245, "energy": 31.34199, "activity_lines": [ 7.01, 7.030909, 7.108333, 7.267849 ] }, { "date": "2025-12-05", "close": 7.0, "volume": 14100, "typical_volume": 40656.9, "trend": 7.476333, "fair_value": 9.96293, "relative_strength": -30.496862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.801526, "energy": 37.925023, "activity_lines": [ 6.988667, 7.024909, 7.083857, 7.232602 ] }, { "date": "2025-12-12", "close": 6.9, "volume": 7000, "typical_volume": 37931.55, "trend": 7.409667, "fair_value": 9.932456, "relative_strength": -31.357191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.924065, "energy": 55.373636, "activity_lines": [ 6.948667, 7.003091, 7.053571, 7.195419 ] }, { "date": "2025-12-19", "close": 7.0, "volume": 15000, "typical_volume": 38381.2, "trend": 7.374667, "fair_value": 9.901697, "relative_strength": -28.40782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.353053, "energy": 49.948945, "activity_lines": [ 6.963333, 6.998545, 7.036667, 7.168989 ] }, { "date": "2025-12-26", "close": 6.84, "volume": 4000, "typical_volume": 38496.95, "trend": 7.332667, "fair_value": 9.870838, "relative_strength": -31.403518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.556523, "energy": 54.11322, "activity_lines": [ 6.923333, 6.964909, 7.007952, 7.134495 ] }, { "date": "2026-01-02", "close": 6.7, "volume": 20300, "typical_volume": 38639.45, "trend": 7.286, "fair_value": 9.841243, "relative_strength": -33.939155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.604602, "energy": 63.27711, "activity_lines": [ 6.844, 6.909273, 6.970381, 7.093677 ] }, { "date": "2026-01-09", "close": 6.9, "volume": 5000, "typical_volume": 38089.45, "trend": 7.251, "fair_value": 9.812313, "relative_strength": -33.400137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.878262, "energy": 41.662158, "activity_lines": [ 6.848, 6.895455, 6.956905, 7.068774 ] }, { "date": "2026-01-16", "close": 8.5, "volume": 130463, "typical_volume": 41109.45, "trend": 7.276, "fair_value": 9.79333, "relative_strength": -20.283197, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.01231, "energy": 35.131013, "activity_lines": [ 7.392, 7.178364, 7.099619, 7.149355 ] }, { "date": "2026-01-23", "close": 7.6, "volume": 168572, "typical_volume": 38086.15, "trend": 7.266, "fair_value": 9.767344, "relative_strength": -29.212463, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.551376, "energy": 33.069137, "activity_lines": [ 7.529333, 7.274364, 7.151571, 7.170258 ] }, { "date": "2026-01-30", "close": 8.0, "volume": 39511, "typical_volume": 32850.2, "trend": 7.276, "fair_value": 9.743921, "relative_strength": -25.05317, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.902009, "energy": 54.187448, "activity_lines": [ 7.76, 7.431818, 7.239, 7.217613 ] }, { "date": "2026-02-06", "close": 8.05, "volume": 25504, "typical_volume": 31203.0, "trend": 7.287667, "fair_value": 9.725758, "relative_strength": -23.171075, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.75198, "energy": 67.083973, "activity_lines": [ 7.93, 7.579273, 7.326, 7.267548 ] }, { "date": "2026-02-13", "close": 8.1, "volume": 4021, "typical_volume": 31054.05, "trend": 7.298333, "fair_value": 9.709151, "relative_strength": -26.10137, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.617224, "energy": 78.741478, "activity_lines": [ 8.026667, 7.715818, 7.412571, 7.319957 ] }, { "date": "2026-02-27", "close": 8.05, "volume": 42011, "typical_volume": 32104.6, "trend": 7.309667, "fair_value": 9.689444, "relative_strength": -29.51951, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.950399, "energy": 75.767136, "activity_lines": [ 8.026667, 7.823273, 7.489762, 7.368452 ] }, { "date": "2026-03-06", "close": 7.8, "volume": 42027, "typical_volume": 34155.95, "trend": 7.312333, "fair_value": 9.66227, "relative_strength": -27.170167, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.731918, "energy": 51.506765, "activity_lines": [ 7.973333, 7.864364, 7.537429, 7.400086 ] }, { "date": "2026-03-13", "close": 7.83, "volume": 22100, "typical_volume": 35110.85, "trend": 7.314, "fair_value": 9.632201, "relative_strength": -25.567331, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.405328, "energy": 41.663062, "activity_lines": [ 7.916667, 7.896364, 7.584143, 7.433484 ] }, { "date": "2026-03-20", "close": 7.8, "volume": 24630, "typical_volume": 35092.35, "trend": 7.315333, "fair_value": 9.60194, "relative_strength": -25.173274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.208331, "energy": 29.873268, "activity_lines": [ 7.861333, 7.904909, 7.62419, 7.464839 ] }, { "date": "2026-03-27", "close": 7.77, "volume": 102780, "typical_volume": 39956.35, "trend": 7.317667, "fair_value": 9.571178, "relative_strength": -23.447455, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.552839, "energy": 23.339475, "activity_lines": [ 7.812667, 7.888, 7.657571, 7.494172 ] }, { "date": "2026-04-03", "close": 7.7, "volume": 19000, "typical_volume": 40831.35, "trend": 7.326333, "fair_value": 9.541511, "relative_strength": -21.813407, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.414283, "energy": 18.708608, "activity_lines": [ 7.762667, 7.842545, 7.681667, 7.518839 ] }, { "date": "2026-04-10", "close": 8.06, "volume": 36120, "typical_volume": 37374.9, "trend": 7.36, "fair_value": 9.51909, "relative_strength": -23.602888, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.216368, "energy": 24.259046, "activity_lines": [ 7.856, 7.877091, 7.737762, 7.566172 ] }, { "date": "2026-04-17", "close": 8.8, "volume": 290773, "typical_volume": 50845.65, "trend": 7.423, "fair_value": 9.502031, "relative_strength": -18.638888, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.062889, "energy": 44.662992, "activity_lines": [ 8.178667, 8.037818, 7.85919, 7.659075 ] }, { "date": "2026-04-24", "close": 10.6, "volume": 3860126, "typical_volume": 243651.9, "trend": 7.544333, "fair_value": 9.49404, "relative_strength": -6.211585, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.270085, "energy": 69.466754, "activity_lines": [ 9.036667, 8.511273, 8.143238, 7.864043 ] }, { "date": "2026-05-01", "close": 10.1, "volume": 480413, "typical_volume": 266967.55, "trend": 7.643333, "fair_value": 9.482535, "relative_strength": -9.538626, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.953583, "energy": 77.795779, "activity_lines": [ 9.541333, 8.847455, 8.362286, 8.028925 ] }, { "date": "2026-05-08", "close": 9.0, "volume": 332169, "typical_volume": 283226.0, "trend": 7.715, "fair_value": 9.46398, "relative_strength": -23.491701, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.077506, "energy": 70.463116, "activity_lines": [ 9.524, 8.947273, 8.46181, 8.116452 ] }, { "date": "2026-05-15", "close": 8.9, "volume": 329200, "typical_volume": 298936.0, "trend": 7.778333, "fair_value": 9.446326, "relative_strength": -22.393137, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.037802, "energy": 53.069378, "activity_lines": [ 9.386667, 9.011636, 8.54181, 8.192903 ] }, { "date": "2026-05-22", "close": 9.33, "volume": 175134, "typical_volume": 307492.7, "trend": 7.855, "fair_value": 9.430812, "relative_strength": -19.717513, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.421452, "energy": 37.204231, "activity_lines": [ 9.336667, 9.134182, 8.653714, 8.293011 ] }, { "date": "2026-05-29", "close": 8.31, "volume": 172789, "typical_volume": 315117.15, "trend": 7.898667, "fair_value": 9.409994, "relative_strength": -31.543978, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.842757, "energy": 17.986726, "activity_lines": [ 8.911333, 9.044, 8.656619, 8.322366 ] }, { "date": "2026-06-05", "close": 8.3, "volume": 122223, "typical_volume": 320978.3, "trend": 7.934667, "fair_value": 9.386951, "relative_strength": -31.186806, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.359752, "energy": 16.286267, "activity_lines": [ 8.635333, 8.942727, 8.650905, 8.348258 ] }, { "date": "2026-06-12", "close": 8.43, "volume": 187671, "typical_volume": 323838.7, "trend": 7.975, "fair_value": 9.36505, "relative_strength": -27.731039, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.694162, "energy": 15.545266, "activity_lines": [ 8.522667, 8.855455, 8.650905, 8.380215 ] }, { "date": "2026-06-19", "close": 8.31, "volume": 288346, "typical_volume": 329827.4, "trend": 8.019333, "fair_value": 9.341145, "relative_strength": -31.374119, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.99306, "energy": 15.107953, "activity_lines": [ 8.408, 8.733091, 8.63981, 8.401828 ] }, { "date": "2026-06-26", "close": 7.9, "volume": 197727, "typical_volume": 337738.2, "trend": 8.051, "fair_value": 9.314921, "relative_strength": -31.102396, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.138873, "energy": 9.780094, "activity_lines": [ 8.196, 8.531636, 8.586286, 8.394129 ] }, { "date": "2026-07-03", "close": 9.55, "volume": 329500, "typical_volume": 352938.0, "trend": 8.137667, "fair_value": 9.299273, "relative_strength": -19.771061, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.698877, "energy": 11.038749, "activity_lines": [ 8.629333, 8.646545, 8.690381, 8.490839 ] }, { "date": "2026-07-10", "close": 9.28, "volume": 1671111, "typical_volume": 436292.5, "trend": 8.213667, "fair_value": 9.284673, "relative_strength": -18.747495, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.275237, "energy": 15.422163, "activity_lines": [ 8.89, 8.731455, 8.761619, 8.564538 ] }, { "date": "2026-07-17", "close": 9.49, "volume": 450889, "typical_volume": 456736.4, "trend": 8.3, "fair_value": 9.268332, "relative_strength": -10.894018, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.754886, "energy": 25.825463, "activity_lines": [ 9.155333, 8.869455, 8.847238, 8.646882 ] }, { "date": "2026-07-24", "close": 9.02, "volume": 430083, "typical_volume": 476139.2, "trend": 8.367333, "fair_value": 9.251448, "relative_strength": -16.403034, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.303576, "energy": 31.93101, "activity_lines": [ 9.193333, 8.913091, 8.881238, 8.693333 ] }, { "date": "2026-07-31", "close": 9.2, "volume": 143268, "typical_volume": 482197.6, "trend": 8.446, "fair_value": 9.235409, "relative_strength": -12.886196, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.945798, "energy": 36.273602, "activity_lines": [ 9.244, 8.987273, 8.926571, 8.747054 ] }, { "date": "2026-08-07", "close": 10.0, "volume": 637946, "typical_volume": 512863.4, "trend": 8.556, "fair_value": 9.224807, "relative_strength": -6.924333, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.875234, "energy": 43.106774, "activity_lines": [ 9.474667, 9.209273, 9.041571, 8.847312 ] }, { "date": "2026-08-14", "close": 9.24, "volume": 884158, "typical_volume": 551932.3, "trend": 8.634, "fair_value": 9.207173, "relative_strength": -16.162956, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.91267, "energy": 28.667736, "activity_lines": [ 9.422, 9.262364, 9.073714, 8.891441 ] } ], "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." } } }