{ "ticker": { "uuid": "6c547217-4fae-4e09-9893-73b9a416cf4b", "symbol": "9926", "name": "Shin Hai Gas Corporation", "exchange": "TAI", "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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 72.812, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 64.626, "architecture_energy": 74.408, "architecture_maturity": 7.917, "architecture_confidence": 63.724, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.28, "rotation_up": 76.65, "upward_expansion": 92.43, "deceleration": 41.98, "rotation_down": 8.7, "downward_expansion": 16.76 }, "activity_lines": [ 49.206667, 48.721892, 48.137643, 48.007433 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 49.0, "trend_reference": 47.853364, "distance_from_trend": 0.023961, "trend_direction": "Improving", "fair_value": 48.193368, "distance_from_fair_value": 0.016737, "fair_value_direction": "Improving", "relative_strength": -27.421058, "relative_strength_direction": "Improving", "price_momentum": 0.040997, "excess_performance": -0.400375, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023961, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004835, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.016737, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040213, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.274211, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.068526, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.040997, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.512583, "read": "Demand-led" } ], "volume": { "latest": 64010, "relative_activity": 0.369829, "balance": 1.512583, "dry_up": 0.695873, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.018722, "annualized_volatility": 0.089384, "from_high_reference": -0.106417, "from_low_reference": 0.065963 }, "levels": { "trend_reference": 47.853364, "fair_value_reference": 48.193368, "structural_low": 45.967818, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.004466, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.003637, "regime_survival": 0.769231, "best_return": 0.037402, "worst_return": -0.027079, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.016484, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.00275, "regime_survival": 0.6, "best_return": 0.07722, "worst_return": -0.02583, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.005769, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.033238, "regime_survival": 0.428571, "best_return": 0.103724, "worst_return": -0.046125, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.071345, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.061767, "regime_survival": 1.0, "best_return": 0.148295, "worst_return": -0.059639, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.001957, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.015534, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.023392, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-19", "tenure": "Developing", "return": 0.000771, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": -0.009009, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.003018, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.01217, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": -0.006, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-03-06", "tenure": "Developing", "return": 0.050505, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.015779, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-06-12", "tenure": "Developing", "return": -0.006036, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.052662, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": -0.006085, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 47.71069, "volume": 27167, "typical_volume": 54552.65, "trend": 45.607454, "fair_value": 40.894379, "relative_strength": -2.564272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.400737, "energy": 40.586924, "activity_lines": [ 47.722536, 47.58683, 46.952197, 46.341184 ] }, { "date": "2023-08-18", "close": 48.599159, "volume": 33078, "typical_volume": 52151.4, "trend": 45.757385, "fair_value": 40.993036, "relative_strength": 0.558204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.484747, "energy": 47.046085, "activity_lines": [ 48.030539, 47.790137, 47.178445, 46.534197 ] }, { "date": "2023-08-25", "close": 48.954544, "volume": 11043, "typical_volume": 52202.65, "trend": 45.924871, "fair_value": 41.095751, "relative_strength": 0.624569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.635193, "energy": 55.930535, "activity_lines": [ 48.374079, 48.029215, 47.418345, 46.740466 ] }, { "date": "2023-09-01", "close": 48.865696, "volume": 114108, "typical_volume": 56697.0, "trend": 46.075123, "fair_value": 41.196625, "relative_strength": -0.521272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.63175, "energy": 63.683832, "activity_lines": [ 48.60508, 48.224619, 47.625855, 46.930196 ] }, { "date": "2023-09-08", "close": 48.954544, "volume": 39136, "typical_volume": 54551.0, "trend": 46.225482, "fair_value": 41.299086, "relative_strength": 0.10425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.754427, "energy": 61.317491, "activity_lines": [ 48.800543, 48.416501, 47.820363, 47.115966 ] }, { "date": "2023-09-15", "close": 48.865696, "volume": 18117, "typical_volume": 51646.75, "trend": 46.375734, "fair_value": 41.399705, "relative_strength": -1.997157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.490563, "energy": 62.863719, "activity_lines": [ 48.883466, 48.550695, 47.98493, 47.286302 ] }, { "date": "2023-09-22", "close": 48.865696, "volume": 59374, "typical_volume": 53256.45, "trend": 46.511714, "fair_value": 41.49829, "relative_strength": 1.516113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.048782, "energy": 48.747886, "activity_lines": [ 48.889389, 48.660542, 48.128847, 47.446945 ] }, { "date": "2023-09-29", "close": 48.865696, "volume": 21798, "typical_volume": 53577.7, "trend": 46.650549, "fair_value": 41.59484, "relative_strength": 1.55662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.790329, "energy": 44.782446, "activity_lines": [ 48.877542, 48.742927, 48.252931, 47.598814 ] }, { "date": "2023-10-06", "close": 48.688004, "volume": 38109, "typical_volume": 48079.35, "trend": 46.797732, "fair_value": 41.68669, "relative_strength": 0.374695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.482935, "energy": 39.567283, "activity_lines": [ 48.812389, 48.772004, 48.340258, 47.730263 ] }, { "date": "2023-10-13", "close": 49.043392, "volume": 35287, "typical_volume": 47881.5, "trend": 46.951053, "fair_value": 41.783871, "relative_strength": -0.298019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.859554, "energy": 39.362047, "activity_lines": [ 48.877543, 48.851158, 48.451008, 47.875144 ] }, { "date": "2023-10-20", "close": 48.332619, "volume": 74000, "typical_volume": 50474.95, "trend": 47.083536, "fair_value": 41.874969, "relative_strength": 0.555311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.952988, "energy": 27.941185, "activity_lines": [ 48.699851, 48.776851, 48.477871, 47.964278 ] }, { "date": "2023-10-27", "close": 47.977226, "volume": 53000, "typical_volume": 50839.85, "trend": 47.204173, "fair_value": 41.959212, "relative_strength": 1.968913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.491957, "energy": 17.356704, "activity_lines": [ 48.439232, 48.626618, 48.462155, 48.021935 ] }, { "date": "2023-11-03", "close": 47.71069, "volume": 65963, "typical_volume": 49623.25, "trend": 47.330197, "fair_value": 42.040982, "relative_strength": -0.518397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.459314, "energy": 13.609572, "activity_lines": [ 48.149, 48.439233, 48.416463, 48.054614 ] }, { "date": "2023-11-10", "close": 47.177612, "volume": 99274, "typical_volume": 52985.05, "trend": 47.424179, "fair_value": 42.11959, "relative_strength": -2.301395, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.007826, "energy": 19.263012, "activity_lines": [ 47.758075, 48.177539, 48.318716, 48.044769 ] }, { "date": "2023-11-17", "close": 48.332619, "volume": 270793, "typical_volume": 65451.45, "trend": 47.553808, "fair_value": 42.208399, "relative_strength": -2.762788, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.538073, "energy": 16.986837, "activity_lines": [ 47.852846, 48.156539, 48.333856, 48.103378 ] }, { "date": "2023-11-24", "close": 48.421463, "volume": 56602, "typical_volume": 65485.75, "trend": 47.683543, "fair_value": 42.296506, "relative_strength": -2.875211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.37467, "energy": 12.714788, "activity_lines": [ 48.024616, 48.163001, 48.34954, 48.159356 ] }, { "date": "2023-12-01", "close": 47.621841, "volume": 58592, "typical_volume": 64197.65, "trend": 47.780916, "fair_value": 42.376944, "relative_strength": -5.127284, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.330749, "energy": 7.917709, "activity_lines": [ 47.923922, 48.032153, 48.284809, 48.155375 ] }, { "date": "2023-12-08", "close": 49.132233, "volume": 65507, "typical_volume": 64164.2, "trend": 47.928635, "fair_value": 42.464267, "relative_strength": -1.718671, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.966303, "energy": 23.616598, "activity_lines": [ 48.350385, 48.198538, 48.362655, 48.242557 ] }, { "date": "2023-12-15", "close": 48.154926, "volume": 88104, "typical_volume": 62169.25, "trend": 47.983833, "fair_value": 42.54329, "relative_strength": -5.097896, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.922485, "energy": 16.017535, "activity_lines": [ 48.356309, 48.182385, 48.340655, 48.257157 ] }, { "date": "2023-12-22", "close": 47.977226, "volume": 28175, "typical_volume": 62861.35, "trend": 48.061653, "fair_value": 42.609983, "relative_strength": -4.854939, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.162041, "energy": 10.47619, "activity_lines": [ 48.237845, 48.143615, 48.300462, 48.25673 ] }, { "date": "2023-12-29", "close": 49.754166, "volume": 56959, "typical_volume": 64350.95, "trend": 48.17016, "fair_value": 42.68883, "relative_strength": -2.968513, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.230417, "energy": 34.497426, "activity_lines": [ 48.735388, 48.447309, 48.428232, 48.365925 ] }, { "date": "2024-01-05", "close": 48.421463, "volume": 15000, "typical_volume": 63447.05, "trend": 48.217116, "fair_value": 42.749469, "relative_strength": -3.113009, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.04085, "energy": 25.908973, "activity_lines": [ 48.699849, 48.482848, 48.419348, 48.382138 ] }, { "date": "2024-01-12", "close": 48.421463, "volume": 13051, "typical_volume": 63547.45, "trend": 48.2498, "fair_value": 42.812143, "relative_strength": -2.867762, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.90486, "energy": 21.759505, "activity_lines": [ 48.611003, 48.51031, 48.411309, 48.395321 ] }, { "date": "2024-01-19", "close": 47.621841, "volume": 70642, "typical_volume": 61374.15, "trend": 48.244413, "fair_value": 42.871471, "relative_strength": -5.202786, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.101252, "energy": 4.550856, "activity_lines": [ 48.303, 48.379462, 48.329655, 48.354808 ] }, { "date": "2024-01-26", "close": 47.888386, "volume": 52000, "typical_volume": 62017.35, "trend": 48.285018, "fair_value": 42.936832, "relative_strength": -6.154746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.578221, "energy": 12.644238, "activity_lines": [ 48.119385, 48.289001, 48.279309, 48.331839 ] }, { "date": "2024-02-02", "close": 49.043392, "volume": 78500, "typical_volume": 65036.5, "trend": 48.335578, "fair_value": 43.008579, "relative_strength": -4.153893, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.428742, "energy": 8.276112, "activity_lines": [ 48.326694, 48.416617, 48.34404, 48.380766 ] }, { "date": "2024-02-09", "close": 48.510307, "volume": 7000, "typical_volume": 62417.8, "trend": 48.374079, "fair_value": 43.077418, "relative_strength": -5.275303, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.309545, "energy": 3.528657, "activity_lines": [ 48.403694, 48.436002, 48.357155, 48.392039 ] }, { "date": "2024-02-16", "close": 49.043392, "volume": 12019, "typical_volume": 61928.85, "trend": 48.418502, "fair_value": 43.148911, "relative_strength": -6.719546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.882328, "energy": 28.806197, "activity_lines": [ 48.652465, 48.536157, 48.422733, 48.43522 ] }, { "date": "2024-02-23", "close": 48.776852, "volume": 41012, "typical_volume": 62074.0, "trend": 48.448117, "fair_value": 43.217678, "relative_strength": -8.42022, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.269527, "energy": 33.983231, "activity_lines": [ 48.770928, 48.589465, 48.462079, 48.45834 ] }, { "date": "2024-03-01", "close": 48.599159, "volume": 33153, "typical_volume": 61967.3, "trend": 48.477733, "fair_value": 43.28378, "relative_strength": -8.794089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.051894, "energy": 25.534724, "activity_lines": [ 48.753159, 48.599158, 48.484079, 48.468084 ] }, { "date": "2024-03-08", "close": 48.421463, "volume": 52027, "typical_volume": 60868.65, "trend": 48.501426, "fair_value": 43.34976, "relative_strength": -12.787891, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.631795, "energy": 17.393386, "activity_lines": [ 48.628773, 48.565234, 48.491272, 48.464454 ] }, { "date": "2024-03-15", "close": 48.776852, "volume": 30243, "typical_volume": 59730.8, "trend": 48.507349, "fair_value": 43.416747, "relative_strength": -11.447408, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.23695, "energy": 11.285182, "activity_lines": [ 48.664312, 48.620158, 48.531888, 48.482223 ] }, { "date": "2024-03-22", "close": 48.688004, "volume": 22930, "typical_volume": 57579.15, "trend": 48.498464, "fair_value": 43.480367, "relative_strength": -13.768866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.291073, "energy": 8.575833, "activity_lines": [ 48.652466, 48.652466, 48.560234, 48.493879 ] }, { "date": "2024-03-29", "close": 48.865696, "volume": 21449, "typical_volume": 53687.9, "trend": 48.498464, "fair_value": 43.546906, "relative_strength": -13.504716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.126263, "energy": 22.811516, "activity_lines": [ 48.723542, 48.712235, 48.600849, 48.517571 ] }, { "date": "2024-04-05", "close": 48.776852, "volume": 63061, "typical_volume": 43301.3, "trend": 48.492541, "fair_value": 43.610077, "relative_strength": -13.621024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.59779, "energy": 30.916798, "activity_lines": [ 48.759082, 48.733235, 48.624965, 48.535531 ] }, { "date": "2024-04-12", "close": 48.510307, "volume": 37713, "typical_volume": 42356.85, "trend": 48.480695, "fair_value": 43.674338, "relative_strength": -15.485231, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.705558, "energy": 18.938817, "activity_lines": [ 48.693926, 48.689619, 48.62158, 48.536678 ] }, { "date": "2024-04-19", "close": 48.243771, "volume": 46000, "typical_volume": 41727.25, "trend": 48.459964, "fair_value": 43.73689, "relative_strength": -10.508859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.214613, "energy": 9.273426, "activity_lines": [ 48.534002, 48.607234, 48.592388, 48.521392 ] }, { "date": "2024-04-26", "close": 48.421463, "volume": 30023, "typical_volume": 39953.05, "trend": 48.445156, "fair_value": 43.800582, "relative_strength": -12.553079, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.547771, "energy": 10.395079, "activity_lines": [ 48.468848, 48.562003, 48.577157, 48.518908 ] }, { "date": "2024-05-03", "close": 48.688004, "volume": 48051, "typical_volume": 37950.4, "trend": 48.445156, "fair_value": 43.863947, "relative_strength": -12.694974, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.551801, "energy": 11.804603, "activity_lines": [ 48.51031, 48.576541, 48.590695, 48.534576 ] }, { "date": "2024-05-10", "close": 48.421463, "volume": 69071, "typical_volume": 39995.2, "trend": 48.424425, "fair_value": 43.929164, "relative_strength": -14.432863, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.845623, "energy": 8.786625, "activity_lines": [ 48.474771, 48.544233, 48.576311, 48.533047 ] }, { "date": "2024-05-17", "close": 49.487625, "volume": 69666, "typical_volume": 40630.55, "trend": 48.462925, "fair_value": 43.998164, "relative_strength": -14.480713, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.731298, "energy": 31.202649, "activity_lines": [ 48.818312, 48.709004, 48.66135, 48.601641 ] }, { "date": "2024-05-24", "close": 48.154926, "volume": 76170, "typical_volume": 43689.05, "trend": 48.468849, "fair_value": 44.063198, "relative_strength": -17.658181, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.818142, "energy": 8.879051, "activity_lines": [ 48.652466, 48.612081, 48.620734, 48.58177 ] }, { "date": "2024-05-31", "close": 48.954544, "volume": 51061, "typical_volume": 45589.55, "trend": 48.51031, "fair_value": 44.13463, "relative_strength": -14.458803, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.958223, "energy": 22.121212, "activity_lines": [ 48.759082, 48.67185, 48.657542, 48.613105 ] }, { "date": "2024-06-07", "close": 48.510307, "volume": 44107, "typical_volume": 44262.8, "trend": 48.554734, "fair_value": 44.20118, "relative_strength": -17.556872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.779388, "energy": 13.404875, "activity_lines": [ 48.68208, 48.646003, 48.649503, 48.613105 ] }, { "date": "2024-06-14", "close": 48.154926, "volume": 29542, "typical_volume": 43139.9, "trend": 48.54881, "fair_value": 44.266215, "relative_strength": -20.166667, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.688289, "energy": 9.665308, "activity_lines": [ 48.498464, 48.562003, 48.603388, 48.587311 ] }, { "date": "2024-06-21", "close": 49.221085, "volume": 55462, "typical_volume": 41988.0, "trend": 48.575464, "fair_value": 44.338338, "relative_strength": -20.650056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.637395, "energy": 18.827362, "activity_lines": [ 48.688004, 48.683158, 48.657542, 48.630683 ] }, { "date": "2024-06-28", "close": 48.776852, "volume": 41143, "typical_volume": 43695.15, "trend": 48.613965, "fair_value": 44.406851, "relative_strength": -20.242515, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.037396, "energy": 14.59144, "activity_lines": [ 48.747236, 48.71062, 48.668542, 48.643676 ] }, { "date": "2024-07-05", "close": 48.510307, "volume": 40211, "typical_volume": 45104.75, "trend": 48.593234, "fair_value": 44.472383, "relative_strength": -21.996119, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.931165, "energy": 9.454935, "activity_lines": [ 48.676157, 48.679927, 48.652888, 48.636989 ] }, { "date": "2024-07-12", "close": 48.954544, "volume": 83031, "typical_volume": 47205.7, "trend": 48.619888, "fair_value": 44.543052, "relative_strength": -22.074399, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.478235, "energy": 21.173022, "activity_lines": [ 48.782773, 48.728389, 48.682081, 48.660299 ] }, { "date": "2024-07-19", "close": 49.231125, "volume": 144051, "typical_volume": 52750.6, "trend": 48.661685, "fair_value": 44.614477, "relative_strength": -17.652986, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 49.652336, "energy": 30.935562, "activity_lines": [ 48.951967, 48.822292, 48.736768, 48.699734 ] }, { "date": "2024-07-26", "close": 49.046734, "volume": 75501, "typical_volume": 53924.3, "trend": 48.638104, "fair_value": 44.685737, "relative_strength": -14.833786, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 47.279761, "energy": 28.308089, "activity_lines": [ 48.987951, 48.867948, 48.770885, 48.724575 ] }, { "date": "2024-08-02", "close": 50.706211, "volume": 82137, "typical_volume": 56519.0, "trend": 48.714262, "fair_value": 44.764074, "relative_strength": -9.668098, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 73.401537, "energy": 60.004548, "activity_lines": [ 49.588717, 49.223344, 48.96007, 48.858002 ] }, { "date": "2024-08-09", "close": 49.96867, "volume": 132154, "typical_volume": 61980.2, "trend": 48.765835, "fair_value": 44.83692, "relative_strength": -9.915993, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.253413, "energy": 56.51134, "activity_lines": [ 49.815013, 49.398254, 49.069825, 48.938931 ] }, { "date": "2024-08-16", "close": 49.507702, "volume": 41047, "typical_volume": 62960.1, "trend": 48.828697, "fair_value": 44.902262, "relative_strength": -13.780348, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.138387, "energy": 52.111947, "activity_lines": [ 49.790428, 49.470913, 49.129581, 48.986794 ] }, { "date": "2024-08-23", "close": 51.074986, "volume": 60123, "typical_volume": 62813.2, "trend": 48.934917, "fair_value": 44.981084, "relative_strength": -9.834047, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.117694, "energy": 68.852282, "activity_lines": [ 50.251394, 49.810399, 49.335544, 49.131716 ] }, { "date": "2024-08-30", "close": 50.521824, "volume": 30074, "typical_volume": 62431.25, "trend": 48.984198, "fair_value": 45.059266, "relative_strength": -10.803791, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.382554, "energy": 55.468877, "activity_lines": [ 50.405048, 49.996217, 49.477882, 49.234097 ] }, { "date": "2024-09-06", "close": 49.323315, "volume": 102092, "typical_volume": 65235.85, "trend": 49.011299, "fair_value": 45.124747, "relative_strength": -9.087764, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.269694, "energy": 32.802555, "activity_lines": [ 50.06086, 49.940475, 49.496497, 49.255975 ] }, { "date": "2024-09-13", "close": 49.323315, "volume": 67000, "typical_volume": 67084.7, "trend": 49.020629, "fair_value": 45.184944, "relative_strength": -10.018704, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.878822, "energy": 24.277183, "activity_lines": [ 49.808865, 49.874798, 49.509972, 49.276105 ] }, { "date": "2024-09-20", "close": 50.06086, "volume": 33003, "typical_volume": 66332.3, "trend": 49.06343, "fair_value": 45.254888, "relative_strength": -9.817794, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.588215, "energy": 18.915476, "activity_lines": [ 49.845743, 49.928437, 49.589395, 49.343217 ] }, { "date": "2024-09-27", "close": 50.521824, "volume": 104372, "typical_volume": 68097.35, "trend": 49.127519, "fair_value": 45.322239, "relative_strength": -11.104304, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.178741, "energy": 21.118425, "activity_lines": [ 49.999397, 50.045774, 49.706181, 49.437307 ] }, { "date": "2024-10-04", "close": 49.876472, "volume": 7036, "typical_volume": 64965.85, "trend": 49.176019, "fair_value": 45.386246, "relative_strength": -9.697675, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.37229, "energy": 19.487516, "activity_lines": [ 49.974812, 50.022306, 49.751504, 49.485626 ] }, { "date": "2024-10-11", "close": 49.507702, "volume": 38460, "typical_volume": 63080.35, "trend": 49.200381, "fair_value": 45.450267, "relative_strength": -12.190914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.535261, "energy": 17.884381, "activity_lines": [ 49.870327, 49.916703, 49.759854, 49.507025 ] }, { "date": "2024-10-18", "close": 49.784279, "volume": 67168, "typical_volume": 63885.7, "trend": 49.236923, "fair_value": 45.511041, "relative_strength": -13.346848, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.079484, "energy": 15.578529, "activity_lines": [ 49.845742, 49.883178, 49.788103, 49.544696 ] }, { "date": "2024-10-25", "close": 49.046734, "volume": 46335, "typical_volume": 63997.1, "trend": 49.242958, "fair_value": 45.569201, "relative_strength": -13.529608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.264159, "energy": 8.121773, "activity_lines": [ 49.544577, 49.718906, 49.742158, 49.532426 ] }, { "date": "2024-11-01", "close": 49.323315, "volume": 88111, "typical_volume": 66925.55, "trend": 49.261173, "fair_value": 45.631247, "relative_strength": -10.357876, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.040025, "energy": 11.287031, "activity_lines": [ 49.403215, 49.613304, 49.72, 49.53761 ] }, { "date": "2024-11-08", "close": 48.677963, "volume": 23074, "typical_volume": 65306.15, "trend": 49.266762, "fair_value": 45.688364, "relative_strength": -13.915452, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.224927, "energy": 22.863687, "activity_lines": [ 49.126636, 49.422212, 49.630816, 49.499984 ] }, { "date": "2024-11-15", "close": 47.756031, "volume": 43039, "typical_volume": 65400.95, "trend": 49.250504, "fair_value": 45.739043, "relative_strength": -12.03438, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.419787, "energy": 45.891065, "activity_lines": [ 48.622647, 49.097022, 49.456416, 49.402517 ] }, { "date": "2024-11-22", "close": 48.770157, "volume": 35000, "typical_volume": 65140.4, "trend": 49.262127, "fair_value": 45.795694, "relative_strength": -10.314715, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.304014, "energy": 41.417839, "activity_lines": [ 48.573477, 48.984714, 49.38346, 49.371527 ] }, { "date": "2024-11-29", "close": 48.58577, "volume": 49002, "typical_volume": 63438.95, "trend": 49.258719, "fair_value": 45.844823, "relative_strength": -7.667783, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.63396, "energy": 43.1366, "activity_lines": [ 48.530454, 48.848939, 49.291706, 49.327891 ] }, { "date": "2024-12-06", "close": 48.401382, "volume": 13047, "typical_volume": 56888.75, "trend": 49.25805, "fair_value": 45.89911, "relative_strength": -11.175149, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.155118, "energy": 40.937084, "activity_lines": [ 48.456699, 48.706459, 49.184147, 49.272579 ] }, { "date": "2024-12-13", "close": 47.756031, "volume": 22036, "typical_volume": 54215.5, "trend": 49.20033, "fair_value": 45.948996, "relative_strength": -11.229258, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.725875, "energy": 47.753528, "activity_lines": [ 48.229289, 48.485195, 49.019077, 49.175675 ] }, { "date": "2024-12-20", "close": 47.01849, "volume": 61122, "typical_volume": 53164.75, "trend": 49.162449, "fair_value": 45.993362, "relative_strength": -10.147624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.735618, "energy": 62.028039, "activity_lines": [ 47.817494, 48.168387, 48.789912, 49.034911 ] }, { "date": "2024-12-27", "close": 47.202873, "volume": 27427, "typical_volume": 47928.4, "trend": 49.10406, "fair_value": 46.039174, "relative_strength": -12.219388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.926853, "energy": 66.485287, "activity_lines": [ 47.51633, 47.930361, 48.595867, 48.908487 ] }, { "date": "2025-01-03", "close": 47.110676, "volume": 44000, "typical_volume": 48076.05, "trend": 49.057405, "fair_value": 46.082281, "relative_strength": -10.458586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.463314, "energy": 68.804209, "activity_lines": [ 47.288919, 47.722507, 48.406212, 48.779881 ] }, { "date": "2025-01-10", "close": 46.649712, "volume": 47117, "typical_volume": 47425.75, "trend": 49.007231, "fair_value": 46.120849, "relative_strength": -11.185123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.917193, "energy": 74.628192, "activity_lines": [ 47.006193, 47.466042, 48.184071, 48.624546 ] }, { "date": "2025-01-17", "close": 47.01849, "volume": 45000, "typical_volume": 48172.05, "trend": 48.933812, "fair_value": 46.162045, "relative_strength": -10.510592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.54182, "energy": 62.086196, "activity_lines": [ 46.963171, 47.325238, 48.018123, 48.49624 ] }, { "date": "2025-01-24", "close": 47.38726, "volume": 5035, "typical_volume": 43319.2, "trend": 48.887492, "fair_value": 46.20851, "relative_strength": -10.766239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.236751, "energy": 44.81872, "activity_lines": [ 47.092241, 47.281656, 47.90398, 48.396463 ] }, { "date": "2025-02-07", "close": 48.032612, "volume": 29103, "typical_volume": 41424.35, "trend": 48.871569, "fair_value": 46.259113, "relative_strength": -8.849294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.546975, "energy": 31.641366, "activity_lines": [ 47.411845, 47.362116, 47.860517, 48.341309 ] }, { "date": "2025-02-14", "close": 47.663841, "volume": 40065, "typical_volume": 41777.45, "trend": 48.828545, "fair_value": 46.308408, "relative_strength": -7.785371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.633999, "energy": 22.501446, "activity_lines": [ 47.553208, 47.388936, 47.78808, 48.263391 ] }, { "date": "2025-02-21", "close": 47.940418, "volume": 21001, "typical_volume": 37608.9, "trend": 48.785522, "fair_value": 46.358684, "relative_strength": -9.025656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.786107, "energy": 20.15745, "activity_lines": [ 47.749887, 47.482805, 47.753398, 48.206093 ] }, { "date": "2025-02-28", "close": 47.663841, "volume": 21457, "typical_volume": 38329.95, "trend": 48.739425, "fair_value": 46.405601, "relative_strength": -6.477148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.807533, "energy": 18.68695, "activity_lines": [ 47.768326, 47.534769, 47.704667, 48.133726 ] }, { "date": "2025-03-07", "close": 47.110676, "volume": 12276, "typical_volume": 37020.75, "trend": 48.619574, "fair_value": 46.449765, "relative_strength": -5.213446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.767, "energy": 21.598636, "activity_lines": [ 47.559353, 47.487834, 47.613791, 48.028646 ] }, { "date": "2025-03-14", "close": 47.571644, "volume": 26018, "typical_volume": 34963.25, "trend": 48.539673, "fair_value": 46.497149, "relative_strength": -1.394091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.861368, "energy": 21.606108, "activity_lines": [ 47.522475, 47.523034, 47.578231, 47.961037 ] }, { "date": "2025-03-21", "close": 47.663841, "volume": 27000, "typical_volume": 33996.5, "trend": 48.478211, "fair_value": 46.546708, "relative_strength": -1.990315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.239603, "energy": 18.748769, "activity_lines": [ 47.547061, 47.568293, 47.561987, 47.904532 ] }, { "date": "2025-03-28", "close": 47.479454, "volume": 38238, "typical_volume": 31502.85, "trend": 48.35836, "fair_value": 46.590595, "relative_strength": 0.554832, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -35.188978, "energy": 19.910741, "activity_lines": [ 47.510184, 47.56997, 47.534769, 47.840096 ] }, { "date": "2025-04-04", "close": 47.110676, "volume": 10143, "typical_volume": 30856.3, "trend": 48.244655, "fair_value": 46.627891, "relative_strength": 1.375788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.472007, "energy": 22.305728, "activity_lines": [ 47.381112, 47.489509, 47.481208, 47.7596 ] }, { "date": "2025-04-11", "close": 46.004364, "volume": 210171, "typical_volume": 39212.9, "trend": 48.134023, "fair_value": 46.655453, "relative_strength": 8.005435, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.057569, "energy": 42.931334, "activity_lines": [ 46.920147, 47.206225, 47.329748, 47.615065 ] }, { "date": "2025-04-18", "close": 46.096558, "volume": 50785, "typical_volume": 40002.15, "trend": 48.026465, "fair_value": 46.683078, "relative_strength": 8.932252, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.964439, "energy": 56.190106, "activity_lines": [ 46.563668, 46.964847, 47.19541, 47.483616 ] }, { "date": "2025-04-25", "close": 46.557522, "volume": 30454, "typical_volume": 39074.75, "trend": 47.909687, "fair_value": 46.715772, "relative_strength": 7.497978, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.205199, "energy": 55.950657, "activity_lines": [ 46.459183, 46.842482, 47.117705, 47.388846 ] }, { "date": "2025-05-02", "close": 46.926296, "volume": 14488, "typical_volume": 39146.8, "trend": 47.789836, "fair_value": 46.749772, "relative_strength": 3.717261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.457248, "energy": 47.332777, "activity_lines": [ 46.551376, 46.807282, 47.084779, 47.325401 ] }, { "date": "2025-05-09", "close": 47.295067, "volume": 45021, "typical_volume": 40296.05, "trend": 47.703789, "fair_value": 46.786137, "relative_strength": 4.018337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.468806, "energy": 25.657527, "activity_lines": [ 46.803371, 46.857569, 47.093998, 47.29348 ] }, { "date": "2025-05-16", "close": 47.202873, "volume": 36675, "typical_volume": 39073.7, "trend": 47.626962, "fair_value": 46.824024, "relative_strength": -0.441871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.23848, "energy": 13.757456, "activity_lines": [ 47.012342, 46.897798, 47.096632, 47.261163 ] }, { "date": "2025-05-23", "close": 47.479454, "volume": 29002, "typical_volume": 39152.45, "trend": 47.550134, "fair_value": 46.862627, "relative_strength": 1.147988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.574364, "energy": 13.273898, "activity_lines": [ 47.233605, 46.986639, 47.124729, 47.251647 ] }, { "date": "2025-05-30", "close": 47.479454, "volume": 29024, "typical_volume": 38403.65, "trend": 47.497891, "fair_value": 46.899645, "relative_strength": 2.600896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.75572, "energy": 14.038472, "activity_lines": [ 47.362676, 47.077156, 47.151509, 47.247087 ] }, { "date": "2025-06-06", "close": 47.940418, "volume": 31005, "typical_volume": 37598.05, "trend": 47.451795, "fair_value": 46.938561, "relative_strength": 2.187816, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.27722, "energy": 15.436816, "activity_lines": [ 47.583939, 47.254837, 47.220434, 47.275637 ] }, { "date": "2025-06-13", "close": 48.216999, "volume": 34380, "typical_volume": 37067.05, "trend": 47.436429, "fair_value": 46.979251, "relative_strength": 0.888869, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.275958, "energy": 24.859341, "activity_lines": [ 47.829787, 47.474425, 47.309554, 47.325005 ] }, { "date": "2025-06-20", "close": 47.295067, "volume": 57762, "typical_volume": 39703.4, "trend": 47.421064, "fair_value": 47.013502, "relative_strength": -0.922917, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 10.929004, "energy": 17.543579, "activity_lines": [ 47.706863, 47.506273, 47.305164, 47.315885 ] }, { "date": "2025-06-27", "close": 48.216999, "volume": 52019, "typical_volume": 40849.2, "trend": 47.402625, "fair_value": 47.056833, "relative_strength": -1.398205, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.893001, "energy": 27.897771, "activity_lines": [ 47.885103, 47.682278, 47.389016, 47.367235 ] }, { "date": "2025-07-04", "close": 48.401382, "volume": 51046, "typical_volume": 41398.25, "trend": 47.396479, "fair_value": 47.092364, "relative_strength": -0.903541, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.385885, "energy": 38.699079, "activity_lines": [ 48.075635, 47.853254, 47.48955, 47.431671 ] }, { "date": "2025-07-11", "close": 47.848225, "volume": 17025, "typical_volume": 41199.45, "trend": 47.37804, "fair_value": 47.120651, "relative_strength": -2.950197, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.992566, "energy": 29.55991, "activity_lines": [ 48.020319, 47.890131, 47.533891, 47.460816 ] }, { "date": "2025-07-18", "close": 48.124805, "volume": 48005, "typical_volume": 42526.85, "trend": 47.390333, "fair_value": 47.14807, "relative_strength": -5.037339, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.2706, "energy": 36.364228, "activity_lines": [ 48.063342, 47.960533, 47.605011, 47.508994 ] }, { "date": "2025-07-25", "close": 47.933071, "volume": 58262, "typical_volume": 44826.15, "trend": 47.420819, "fair_value": 47.181656, "relative_strength": -5.254717, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.33518, "energy": 28.244751, "activity_lines": [ 48.048601, 47.980989, 47.655676, 47.54401 ] }, { "date": "2025-08-01", "close": 48.124807, "volume": 110309, "typical_volume": 49040.7, "trend": 47.45155, "fair_value": 47.214886, "relative_strength": -5.021716, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.916937, "energy": 24.333616, "activity_lines": [ 48.055238, 48.023028, 47.720686, 47.589428 ] }, { "date": "2025-08-08", "close": 48.028938, "volume": 63029, "typical_volume": 50842.15, "trend": 47.482159, "fair_value": 47.235672, "relative_strength": -7.243023, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.862044, "energy": 23.287499, "activity_lines": [ 48.036064, 48.035904, 47.773931, 47.626679 ] }, { "date": "2025-08-15", "close": 48.31654, "volume": 24001, "typical_volume": 50130.3, "trend": 47.53772, "fair_value": 47.257204, "relative_strength": -7.60678, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.985595, "energy": 26.552955, "activity_lines": [ 48.137588, 48.09108, 47.852828, 47.68051 ] }, { "date": "2025-08-22", "close": 47.933071, "volume": 36877, "typical_volume": 51467.0, "trend": 47.568206, "fair_value": 47.277375, "relative_strength": -5.974788, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.851999, "energy": 23.798822, "activity_lines": [ 48.080068, 48.069696, 47.891218, 47.706017 ] }, { "date": "2025-08-29", "close": 48.028938, "volume": 20000, "typical_volume": 41958.45, "trend": 47.589595, "fair_value": 47.299808, "relative_strength": -7.340302, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.714255, "energy": 19.099615, "activity_lines": [ 48.067285, 48.070905, 47.934822, 47.735741 ] }, { "date": "2025-09-05", "close": 48.412403, "volume": 33159, "typical_volume": 41077.15, "trend": 47.602255, "fair_value": 47.31921, "relative_strength": -7.354036, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.862818, "energy": 31.297407, "activity_lines": [ 48.175933, 48.128491, 48.005305, 47.788826 ] }, { "date": "2025-09-12", "close": 48.028938, "volume": 19042, "typical_volume": 40506.55, "trend": 47.614425, "fair_value": 47.344937, "relative_strength": -11.29151, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.097763, "energy": 21.514473, "activity_lines": [ 48.137587, 48.112804, 48.028241, 47.816354 ] }, { "date": "2025-09-19", "close": 47.885139, "volume": 23018, "typical_volume": 40933.05, "trend": 47.612582, "fair_value": 47.364801, "relative_strength": -11.60011, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.643412, "energy": 16.675767, "activity_lines": [ 48.051307, 48.077743, 48.030474, 47.833819 ] }, { "date": "2025-09-26", "close": 47.885139, "volume": 25069, "typical_volume": 39935.45, "trend": 47.619959, "fair_value": 47.384665, "relative_strength": -11.294984, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.834685, "energy": 14.263533, "activity_lines": [ 47.993787, 48.042011, 48.028142, 47.851404 ] }, { "date": "2025-10-03", "close": 47.885139, "volume": 40044, "typical_volume": 40103.9, "trend": 47.645774, "fair_value": 47.407823, "relative_strength": -14.879669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.768642, "energy": 11.21861, "activity_lines": [ 47.939463, 48.010637, 48.023, 47.868512 ] }, { "date": "2025-10-10", "close": 47.933071, "volume": 28359, "typical_volume": 40071.75, "trend": 47.657822, "fair_value": 47.434033, "relative_strength": -16.113542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.656561, "energy": 11.248422, "activity_lines": [ 47.910703, 47.988849, 48.019173, 47.887047 ] }, { "date": "2025-10-17", "close": 47.741341, "volume": 53141, "typical_volume": 41277.6, "trend": 47.660405, "fair_value": 47.460112, "relative_strength": -16.132084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.417852, "energy": 8.992305, "activity_lines": [ 47.849988, 47.935687, 47.994927, 47.892436 ] }, { "date": "2025-10-24", "close": 47.453743, "volume": 70608, "typical_volume": 43257.75, "trend": 47.659548, "fair_value": 47.484347, "relative_strength": -17.030284, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.468517, "energy": 14.765325, "activity_lines": [ 47.712581, 47.835463, 47.942043, 47.879103 ] }, { "date": "2025-10-31", "close": 47.645473, "volume": 41040, "typical_volume": 43590.75, "trend": 47.677374, "fair_value": 47.513654, "relative_strength": -18.451839, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.038455, "energy": 25.642802, "activity_lines": [ 47.667843, 47.785787, 47.909737, 47.878195 ] }, { "date": "2025-11-07", "close": 47.501675, "volume": 72057, "typical_volume": 44305.5, "trend": 47.727285, "fair_value": 47.534902, "relative_strength": -16.640393, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.753738, "energy": 39.011949, "activity_lines": [ 47.59115, 47.715195, 47.866458, 47.866859 ] }, { "date": "2025-11-14", "close": 47.262009, "volume": 47010, "typical_volume": 44055.05, "trend": 47.766133, "fair_value": 47.555164, "relative_strength": -16.024628, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.42735, "energy": 49.074837, "activity_lines": [ 47.460133, 47.610613, 47.799369, 47.836841 ] }, { "date": "2025-11-21", "close": 47.645473, "volume": 74024, "typical_volume": 45203.95, "trend": 47.802398, "fair_value": 47.57953, "relative_strength": -12.015717, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.999013, "energy": 35.08194, "activity_lines": [ 47.501674, 47.596669, 47.773348, 47.829057 ] }, { "date": "2025-11-28", "close": 47.885139, "volume": 26007, "typical_volume": 45653.05, "trend": 47.83436, "fair_value": 47.604335, "relative_strength": -15.071305, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.735043, "energy": 15.14181, "activity_lines": [ 47.629496, 47.633273, 47.773752, 47.834395 ] }, { "date": "2025-12-05", "close": 47.837208, "volume": 31114, "typical_volume": 44808.5, "trend": 47.852431, "fair_value": 47.625539, "relative_strength": -15.856119, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -31.802847, "energy": 14.270002, "activity_lines": [ 47.712581, 47.661161, 47.769415, 47.834579 ] }, { "date": "2025-12-12", "close": 47.933071, "volume": 23000, "typical_volume": 43045.4, "trend": 47.876771, "fair_value": 47.647906, "relative_strength": -16.029142, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.024296, "energy": 14.247803, "activity_lines": [ 47.814837, 47.707351, 47.775578, 47.839781 ] }, { "date": "2025-12-19", "close": 47.357876, "volume": 54129, "typical_volume": 40236.4, "trend": 47.872718, "fair_value": 47.671527, "relative_strength": -15.240483, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.885934, "energy": 17.556004, "activity_lines": [ 47.696603, 47.648088, 47.72696, 47.806304 ] }, { "date": "2025-12-26", "close": 47.453743, "volume": 39025, "typical_volume": 39036.2, "trend": 47.871861, "fair_value": 47.695762, "relative_strength": -17.28907, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.71214, "energy": 20.163256, "activity_lines": [ 47.603932, 47.616714, 47.691125, 47.779273 ] }, { "date": "2026-01-02", "close": 47.645473, "volume": 40000, "typical_volume": 39836.15, "trend": 47.86203, "fair_value": 47.71903, "relative_strength": -18.886769, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.293403, "energy": 22.887775, "activity_lines": [ 47.587954, 47.625429, 47.676288, 47.764668 ] }, { "date": "2026-01-09", "close": 47.453743, "volume": 60010, "typical_volume": 40992.8, "trend": 47.836588, "fair_value": 47.739972, "relative_strength": -21.347921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.517561, "energy": 35.886591, "activity_lines": [ 47.524044, 47.595798, 47.646387, 47.738327 ] }, { "date": "2026-01-16", "close": 47.214077, "volume": 117837, "typical_volume": 45884.65, "trend": 47.833888, "fair_value": 47.758279, "relative_strength": -24.151287, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.761552, "energy": 43.991939, "activity_lines": [ 47.405809, 47.526077, 47.595943, 47.698165 ] }, { "date": "2026-01-23", "close": 47.214077, "volume": 74439, "typical_volume": 47948.65, "trend": 47.800458, "fair_value": 47.778233, "relative_strength": -25.060334, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.833653, "energy": 44.692728, "activity_lines": [ 47.335507, 47.461586, 47.54938, 47.658177 ] }, { "date": "2026-01-30", "close": 47.30994, "volume": 56053, "typical_volume": 49799.2, "trend": 47.764076, "fair_value": 47.7999, "relative_strength": -24.752079, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.343536, "energy": 43.033771, "activity_lines": [ 47.306747, 47.415395, 47.517652, 47.626531 ] }, { "date": "2026-02-06", "close": 47.070274, "volume": 62043, "typical_volume": 51750.45, "trend": 47.738144, "fair_value": 47.817285, "relative_strength": -24.051035, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.660078, "energy": 48.162682, "activity_lines": [ 47.207684, 47.33173, 47.466524, 47.581769 ] }, { "date": "2026-02-13", "close": 47.693405, "volume": 79000, "typical_volume": 54447.0, "trend": 47.723764, "fair_value": 47.838116, "relative_strength": -26.757742, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.822115, "energy": 23.971739, "activity_lines": [ 47.354678, 47.376176, 47.478621, 47.578883 ] }, { "date": "2026-02-27", "close": 48.028938, "volume": 110277, "typical_volume": 57958.65, "trend": 47.72696, "fair_value": 47.861647, "relative_strength": -29.545284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.690392, "energy": 8.435136, "activity_lines": [ 47.597539, 47.484244, 47.523586, 47.598571 ] }, { "date": "2026-03-06", "close": 49.850395, "volume": 2906448, "typical_volume": 201863.1, "trend": 47.78448, "fair_value": 47.894109, "relative_strength": -22.471002, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 48.647616, "energy": 40.578268, "activity_lines": [ 48.393229, 47.921742, 47.74134, 47.735567 ] }, { "date": "2026-03-13", "close": 48.604137, "volume": 4391393, "typical_volume": 418775.7, "trend": 47.803653, "fair_value": 47.919132, "relative_strength": -23.472675, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.099602, "energy": 26.016724, "activity_lines": [ 48.597744, 48.087329, 47.831271, 47.788448 ] }, { "date": "2026-03-20", "close": 47.885139, "volume": 1244100, "typical_volume": 477450.3, "trend": 47.789273, "fair_value": 47.942289, "relative_strength": -24.362922, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.760296, "energy": 32.168358, "activity_lines": [ 48.476314, 48.101273, 47.848619, 47.793705 ] }, { "date": "2026-03-27", "close": 47.837208, "volume": 847822, "typical_volume": 517789.4, "trend": 47.786077, "fair_value": 47.964042, "relative_strength": -22.903414, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 48.599713, "energy": 30.928105, "activity_lines": [ 48.284582, 48.102145, 47.859347, 47.796798 ] }, { "date": "2026-04-03", "close": 47.645473, "volume": 348311, "typical_volume": 531602.1, "trend": 47.773295, "fair_value": 47.985115, "relative_strength": -21.345674, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.808091, "energy": 12.050576, "activity_lines": [ 48.019352, 48.061184, 47.850901, 47.787727 ] }, { "date": "2026-04-10", "close": 47.789272, "volume": 136002, "typical_volume": 536051.7, "trend": 47.752524, "fair_value": 48.00711, "relative_strength": -26.793259, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.861921, "energy": 14.197401, "activity_lines": [ 47.827619, 48.038525, 47.855466, 47.788758 ] }, { "date": "2026-04-17", "close": 47.933071, "volume": 200324, "typical_volume": 542366.7, "trend": 47.749329, "fair_value": 48.03277, "relative_strength": -28.553942, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.534092, "energy": 13.13856, "activity_lines": [ 47.821228, 48.031553, 47.871215, 47.800406 ] }, { "date": "2026-04-24", "close": 47.453743, "volume": 294007, "typical_volume": 555766.7, "trend": 47.734949, "fair_value": 48.052614, "relative_strength": -32.307761, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.843224, "energy": 4.731816, "activity_lines": [ 47.699798, 47.9261, 47.839945, 47.781336 ] }, { "date": "2026-05-01", "close": 47.357876, "volume": 202002, "typical_volume": 564311.1, "trend": 47.717373, "fair_value": 48.071294, "relative_strength": -31.611939, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.011386, "energy": 7.216226, "activity_lines": [ 47.575172, 47.796245, 47.801599, 47.757008 ] }, { "date": "2026-05-08", "close": 47.30994, "volume": 249452, "typical_volume": 575633.7, "trend": 47.6982, "fair_value": 48.089118, "relative_strength": -35.294039, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.549061, "energy": 9.020312, "activity_lines": [ 47.466523, 47.663775, 47.760969, 47.730722 ] }, { "date": "2026-05-15", "close": 46.974411, "volume": 415649, "typical_volume": 593709.7, "trend": 47.666245, "fair_value": 48.103694, "relative_strength": -34.273689, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.189011, "energy": 15.884449, "activity_lines": [ 47.2684, 47.483373, 47.691352, 47.684026 ] }, { "date": "2026-05-22", "close": 46.974411, "volume": 253000, "typical_volume": 604408.45, "trend": 47.64068, "fair_value": 48.118269, "relative_strength": -35.224146, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.718642, "energy": 31.718099, "activity_lines": [ 47.124601, 47.355261, 47.623561, 47.639392 ] }, { "date": "2026-05-29", "close": 47.453743, "volume": 169280, "typical_volume": 610872.45, "trend": 47.64068, "fair_value": 48.124389, "relative_strength": -37.374395, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.862198, "energy": 27.247308, "activity_lines": [ 47.20449, 47.343931, 47.603704, 47.627331 ] }, { "date": "2026-06-05", "close": 47.11821, "volume": 113500, "typical_volume": 613546.95, "trend": 47.623105, "fair_value": 48.133848, "relative_strength": -37.446449, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.578225, "energy": 29.155075, "activity_lines": [ 47.172534, 47.27944, 47.552803, 47.593624 ] }, { "date": "2026-06-12", "close": 47.357876, "volume": 151064, "typical_volume": 615208.3, "trend": 47.618312, "fair_value": 48.139354, "relative_strength": -34.990908, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.344202, "energy": 29.231598, "activity_lines": [ 47.236445, 47.271596, 47.526326, 47.576512 ] }, { "date": "2026-06-19", "close": 47.166145, "volume": 41094, "typical_volume": 613541.05, "trend": 47.615116, "fair_value": 48.140337, "relative_strength": -37.602875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.129928, "energy": 28.144258, "activity_lines": [ 47.23325, 47.234121, 47.480904, 47.54734 ] }, { "date": "2026-06-26", "close": 47.070274, "volume": 110767, "typical_volume": 616276.75, "trend": 47.595943, "fair_value": 48.137961, "relative_strength": -34.237649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.941958, "energy": 34.55722, "activity_lines": [ 47.185316, 47.190545, 47.426579, 47.512189 ] }, { "date": "2026-07-03", "close": 47.741341, "volume": 133251, "typical_volume": 619837.15, "trend": 47.59115, "fair_value": 48.137691, "relative_strength": -35.589574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.769156, "energy": 12.85307, "activity_lines": [ 47.35468, 47.284669, 47.437307, 47.521569 ] }, { "date": "2026-07-10", "close": 47.597542, "volume": 0, "typical_volume": 615887.15, "trend": 47.583161, "fair_value": 48.143635, "relative_strength": -32.870568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.081278, "energy": 12.727209, "activity_lines": [ 47.456937, 47.347418, 47.431145, 47.521982 ] }, { "date": "2026-07-17", "close": 48.700001, "volume": 162132, "typical_volume": 618479.9, "trend": 47.608725, "fair_value": 48.151157, "relative_strength": -26.122466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.041657, "energy": 25.482255, "activity_lines": [ 47.894726, 47.606256, 47.530435, 47.594036 ] }, { "date": "2026-07-24", "close": 49.650002, "volume": 164333, "typical_volume": 481374.15, "trend": 47.685129, "fair_value": 48.165867, "relative_strength": -25.52465, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 71.144875, "energy": 68.565817, "activity_lines": [ 48.559706, 48.012548, 47.717005, 47.725731 ] }, { "date": "2026-07-31", "close": 49.299999, "volume": 186343, "typical_volume": 271121.65, "trend": 47.746671, "fair_value": 48.176055, "relative_strength": -24.265806, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.871073, "energy": 75.95864, "activity_lines": [ 48.942429, 48.306556, 47.871196, 47.829916 ] }, { "date": "2026-08-07", "close": 49.299999, "volume": 67081, "typical_volume": 212270.7, "trend": 47.801822, "fair_value": 48.185103, "relative_strength": -25.266241, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.497022, "energy": 77.566198, "activity_lines": [ 49.176503, 48.558281, 48.022074, 47.930131 ] }, { "date": "2026-08-14", "close": 49.0, "volume": 64010, "typical_volume": 173080.1, "trend": 47.853364, "fair_value": 48.193368, "relative_strength": -27.421058, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.625525, "energy": 74.407558, "activity_lines": [ 49.206667, 48.721892, 48.137643, 48.007433 ] } ], "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." } } }