{ "ticker": { "uuid": "6fbe547b-86a0-4529-80ed-aea0691d0cb6", "symbol": "WAF", "name": "Siltronic AG", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 6.873, "architecture_energy": 15.004, "architecture_maturity": 67.818, "architecture_confidence": 80.416, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 56.98, "rotation_up": 18.69, "upward_expansion": 48.21, "deceleration": 84.73, "rotation_down": 37.2, "downward_expansion": 28.55 }, "activity_lines": [ 81.153334, 84.404545, 85.978571, 80.494624 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 78.300003, "trend_reference": 72.566666, "distance_from_trend": 0.079008, "trend_direction": "Improving", "fair_value": 62.777413, "distance_from_fair_value": 0.247264, "fair_value_direction": "Weakening", "relative_strength": 6.765454, "relative_strength_direction": "Weakening", "price_momentum": 0.505769, "excess_performance": 0.331523, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079008, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.220476, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.247264, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.361527, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.067655, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.66444, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.505769, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.324661, "read": "Demand-led" } ], "volume": { "latest": 1614, "relative_activity": 1.064188, "balance": 1.324661, "dry_up": 0.829625, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.132626, "annualized_volatility": 0.685243, "from_high_reference": -0.271628, "from_low_reference": 1.456085 }, "levels": { "trend_reference": 72.566666, "fair_value_reference": 62.777413, "structural_low": 48.48, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.011685, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.044017, "regime_survival": 0.333333, "best_return": 0.258763, "worst_return": -0.152973, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.006484, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000464, "regime_survival": 0.166667, "best_return": 0.262788, "worst_return": -0.13624, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.005524, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.053757, "regime_survival": 0.0, "best_return": 1.12393, "worst_return": -0.141447, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.473066, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.34321, "regime_survival": 0.0, "best_return": 0.319476, "worst_return": -0.498482, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-08", "end": "2023-09-29", "tenure": "New", "return": 0.108145, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-10-06", "end": "2024-02-23", "tenure": "Established", "return": 0.110132, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-01", "end": "2024-04-05", "tenure": "Developing", "return": -0.076266, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-12", "end": "2024-05-03", "tenure": "New", "return": -0.114608, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-10", "end": "2025-06-27", "tenure": "Extended", "return": -0.433488, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.122877, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.101865, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": -0.084911, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.240492, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-09-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-11-21", "tenure": "Developing", "return": -0.19699, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": 0.047697, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-06-26", "tenure": "Established", "return": 0.502727, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.153513, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 76.395477, "volume": 0, "typical_volume": 5.1, "trend": 69.501728, "fair_value": 92.414504, "relative_strength": 13.980016, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.768435, "energy": 69.780567, "activity_lines": [ 76.529246, 74.536643, 72.455284, 70.585854 ] }, { "date": "2023-08-25", "close": 71.061005, "volume": 0, "typical_volume": 5.1, "trend": 69.367503, "fair_value": 92.420941, "relative_strength": 6.59469, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.063309, "energy": 47.616196, "activity_lines": [ 74.881596, 74.146901, 72.560226, 70.686452 ] }, { "date": "2023-09-01", "close": 72.382393, "volume": 0, "typical_volume": 5.1, "trend": 69.138879, "fair_value": 92.447369, "relative_strength": 6.077465, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.460485, "energy": 26.348426, "activity_lines": [ 73.782077, 74.081945, 72.75219, 70.880961 ] }, { "date": "2023-09-08", "close": 71.501472, "volume": 0, "typical_volume": 5.1, "trend": 68.952447, "fair_value": 92.46758, "relative_strength": 5.595051, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.823337, "energy": 21.39094, "activity_lines": [ 72.682558, 73.76517, 72.826693, 71.033386 ] }, { "date": "2023-09-15", "close": 72.676025, "volume": 0, "typical_volume": 5.1, "trend": 69.004281, "fair_value": 92.486422, "relative_strength": 5.846481, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.620146, "energy": 23.174274, "activity_lines": [ 72.336712, 73.603222, 72.979691, 71.273617 ] }, { "date": "2023-09-22", "close": 72.62709, "volume": 0, "typical_volume": 5.1, "trend": 69.292487, "fair_value": 92.550921, "relative_strength": 6.379378, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.526429, "energy": 19.272414, "activity_lines": [ 72.277984, 73.333607, 73.071512, 71.507347 ] }, { "date": "2023-09-29", "close": 79.234001, "volume": 0, "typical_volume": 5.1, "trend": 69.729367, "fair_value": 92.614881, "relative_strength": 15.223717, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.422685, "energy": 37.461862, "activity_lines": [ 74.672785, 74.280375, 73.733835, 72.148735 ] }, { "date": "2023-10-06", "close": 77.765793, "volume": 0, "typical_volume": 5.1, "trend": 70.176419, "fair_value": 92.636693, "relative_strength": 14.375929, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.499908, "energy": 49.35541, "activity_lines": [ 76.033317, 74.84096, 74.16171, 72.667214 ] }, { "date": "2023-10-13", "close": 80.946907, "volume": 0, "typical_volume": 5.1, "trend": 70.748175, "fair_value": 92.672737, "relative_strength": 17.334118, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.013462, "energy": 73.924807, "activity_lines": [ 78.095328, 75.962134, 74.839414, 73.362084 ] }, { "date": "2023-10-20", "close": 76.884888, "volume": 0, "typical_volume": 5.1, "trend": 71.22653, "fair_value": 92.676697, "relative_strength": 15.113941, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.568232, "energy": 67.426956, "activity_lines": [ 78.173636, 76.271793, 75.109285, 73.758001 ] }, { "date": "2023-10-27", "close": 78.255196, "volume": 0, "typical_volume": 4.1, "trend": 71.750563, "fair_value": 92.715677, "relative_strength": 17.192671, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.817244, "energy": 63.303623, "activity_lines": [ 78.428123, 76.836828, 75.518517, 74.211463 ] }, { "date": "2023-11-03", "close": 83.589668, "volume": 0, "typical_volume": 3.1, "trend": 72.439966, "fair_value": 92.75543, "relative_strength": 17.958142, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.943218, "energy": 74.371401, "activity_lines": [ 80.08556, 78.337953, 76.406197, 74.975277 ] }, { "date": "2023-11-10", "close": 82.072525, "volume": 0, "typical_volume": 3.1, "trend": 72.997908, "fair_value": 92.764013, "relative_strength": 14.830971, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.505523, "energy": 59.046889, "activity_lines": [ 80.946905, 79.335441, 77.111866, 75.596732 ] }, { "date": "2023-11-17", "close": 84.176949, "volume": 10, "typical_volume": 2.1, "trend": 73.653998, "fair_value": 92.748786, "relative_strength": 14.952136, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.611408, "energy": 71.968323, "activity_lines": [ 82.222609, 80.539367, 77.947809, 76.31796 ] }, { "date": "2023-11-24", "close": 81.338425, "volume": 0, "typical_volume": 2.1, "trend": 74.338361, "fair_value": 92.62371, "relative_strength": 11.551701, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.939658, "energy": 66.250302, "activity_lines": [ 82.336802, 80.996734, 78.437676, 76.81373 ] }, { "date": "2023-12-01", "close": 80.604324, "volume": 0, "typical_volume": 2.1, "trend": 75.015366, "fair_value": 92.432903, "relative_strength": 8.362472, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.705544, "energy": 43.805519, "activity_lines": [ 81.909392, 81.163131, 78.790511, 77.217986 ] }, { "date": "2023-12-08", "close": 81.436302, "volume": 0, "typical_volume": 2.1, "trend": 75.751099, "fair_value": 92.224616, "relative_strength": 9.136432, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.094299, "energy": 37.876486, "activity_lines": [ 81.6027, 81.335755, 79.188557, 77.63224 ] }, { "date": "2023-12-15", "close": 84.030128, "volume": 0, "typical_volume": 2.1, "trend": 76.331854, "fair_value": 92.034381, "relative_strength": 10.781245, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.738773, "energy": 38.145493, "activity_lines": [ 82.304175, 81.939942, 79.791918, 78.16637 ] }, { "date": "2023-12-22", "close": 86.134552, "volume": 0, "typical_volume": 2.1, "trend": 76.651596, "fair_value": 91.853359, "relative_strength": 11.921385, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.0213, "energy": 43.53858, "activity_lines": [ 83.576617, 82.812855, 80.561209, 78.798803 ] }, { "date": "2023-12-29", "close": 86.134552, "volume": 0, "typical_volume": 0.5, "trend": 76.897928, "fair_value": 91.673192, "relative_strength": 10.595906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.54728, "energy": 56.296846, "activity_lines": [ 84.718552, 83.591447, 81.286688, 79.410606 ] }, { "date": "2024-01-05", "close": 88.238976, "volume": 0, "typical_volume": 0.5, "trend": 77.4379, "fair_value": 91.450908, "relative_strength": 12.952738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.27377, "energy": 73.621076, "activity_lines": [ 86.24222, 84.584486, 82.170173, 80.142287 ] }, { "date": "2024-01-12", "close": 87.74958, "volume": 0, "typical_volume": 0.5, "trend": 77.839209, "fair_value": 91.21465, "relative_strength": 13.101747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.179032, "energy": 74.513962, "activity_lines": [ 87.093779, 85.307021, 82.950651, 80.807556 ] }, { "date": "2024-01-19", "close": 87.994278, "volume": 0, "typical_volume": 0.5, "trend": 78.527633, "fair_value": 90.950588, "relative_strength": 14.79209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.733114, "energy": 72.397653, "activity_lines": [ 87.60602, 85.998411, 83.674964, 81.462722 ] }, { "date": "2024-01-26", "close": 90.196579, "volume": 0, "typical_volume": 0.5, "trend": 79.258471, "fair_value": 90.723742, "relative_strength": 13.513405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.888281, "energy": 71.557979, "activity_lines": [ 88.588083, 86.982551, 84.534678, 82.215557 ] }, { "date": "2024-02-02", "close": 86.721832, "volume": 0, "typical_volume": 0.5, "trend": 79.907743, "fair_value": 90.471486, "relative_strength": 9.448781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.202118, "energy": 49.789115, "activity_lines": [ 88.141096, 87.225472, 84.97444, 82.697065 ] }, { "date": "2024-02-09", "close": 88.630508, "volume": 30, "typical_volume": 2.0, "trend": 80.413457, "fair_value": 90.218917, "relative_strength": 14.201188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.012639, "energy": 47.284212, "activity_lines": [ 88.291183, 87.717544, 85.529095, 83.259824 ] }, { "date": "2024-02-16", "close": 87.945335, "volume": 0, "typical_volume": 2.0, "trend": 80.922434, "fair_value": 89.973077, "relative_strength": 11.22284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.237386, "energy": 42.667347, "activity_lines": [ 88.186776, 87.939109, 85.942289, 83.745751 ] }, { "date": "2024-02-23", "close": 86.330315, "volume": 0, "typical_volume": 2.0, "trend": 81.240545, "fair_value": 89.737702, "relative_strength": 9.253305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.411093, "energy": 29.455553, "activity_lines": [ 87.530979, 87.748688, 86.160189, 84.094647 ] }, { "date": "2024-03-01", "close": 85.987732, "volume": 0, "typical_volume": 2.0, "trend": 81.542342, "fair_value": 89.506405, "relative_strength": 8.416803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.936269, "energy": 25.999957, "activity_lines": [ 86.871918, 87.454157, 86.304679, 84.400917 ] }, { "date": "2024-03-08", "close": 83.736496, "volume": 0, "typical_volume": 2.0, "trend": 81.75931, "fair_value": 89.250125, "relative_strength": 5.053946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.363922, "energy": 17.044108, "activity_lines": [ 85.743035, 86.75298, 86.210761, 84.542475 ] }, { "date": "2024-03-15", "close": 80.017044, "volume": 400, "typical_volume": 22.0, "trend": 81.880029, "fair_value": 88.975421, "relative_strength": -0.788525, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.202446, "energy": 22.251241, "activity_lines": [ 83.573358, 85.41914, 85.729983, 84.430071 ] }, { "date": "2024-03-22", "close": 83.736496, "volume": 0, "typical_volume": 22.0, "trend": 82.302545, "fair_value": 88.731119, "relative_strength": 0.907377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.107311, "energy": 20.587392, "activity_lines": [ 83.217728, 84.911054, 85.595049, 84.549843 ] }, { "date": "2024-03-29", "close": 80.751144, "volume": 0, "typical_volume": 22.0, "trend": 82.581504, "fair_value": 88.476519, "relative_strength": -3.952878, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.760307, "energy": 32.505522, "activity_lines": [ 82.147571, 83.933142, 85.175096, 84.449753 ] }, { "date": "2024-04-05", "close": 79.429764, "volume": 0, "typical_volume": 21.5, "trend": 82.84578, "fair_value": 88.192633, "relative_strength": -6.536367, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.225438, "energy": 52.855934, "activity_lines": [ 81.008898, 82.846672, 84.63559, 84.246414 ] }, { "date": "2024-04-12", "close": 82.415108, "volume": 0, "typical_volume": 21.5, "trend": 83.170416, "fair_value": 87.92332, "relative_strength": -2.947155, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.017957, "energy": 36.97411, "activity_lines": [ 81.302538, 82.498752, 84.403008, 84.218629 ] }, { "date": "2024-04-19", "close": 77.570038, "volume": 400, "typical_volume": 41.5, "trend": 83.335181, "fair_value": 87.608976, "relative_strength": -8.348291, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.80977, "energy": 52.445224, "activity_lines": [ 80.069247, 81.348215, 83.703864, 83.857314 ] }, { "date": "2024-04-26", "close": 74.437874, "volume": 89, "typical_volume": 45.95, "trend": 83.17531, "fair_value": 87.26626, "relative_strength": -12.491929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.902752, "energy": 65.760439, "activity_lines": [ 77.955035, 79.829292, 82.720868, 83.283295 ] }, { "date": "2024-05-03", "close": 72.969673, "volume": 40, "typical_volume": 47.95, "trend": 83.01544, "fair_value": 86.901985, "relative_strength": -15.344352, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.853155, "energy": 81.758258, "activity_lines": [ 75.97133, 78.289015, 81.631368, 82.624866 ] }, { "date": "2024-05-10", "close": 73.361191, "volume": 120, "typical_volume": 53.95, "trend": 82.762582, "fair_value": 86.546294, "relative_strength": -17.177511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.614118, "energy": 85.072321, "activity_lines": [ 74.636897, 77.062843, 80.631825, 82.002012 ] }, { "date": "2024-05-17", "close": 73.675827, "volume": 0, "typical_volume": 53.95, "trend": 82.655614, "fair_value": 86.201296, "relative_strength": -18.146878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.495086, "energy": 82.519643, "activity_lines": [ 73.811914, 76.123451, 79.723073, 81.415769 ] }, { "date": "2024-05-24", "close": 75.665718, "volume": 0, "typical_volume": 53.95, "trend": 82.569298, "fair_value": 85.862691, "relative_strength": -15.550708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.355291, "energy": 72.42432, "activity_lines": [ 74.232846, 75.728778, 79.063161, 80.964808 ] }, { "date": "2024-05-31", "close": 74.272789, "volume": 0, "typical_volume": 53.95, "trend": 82.258735, "fair_value": 85.518917, "relative_strength": -15.448004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.266147, "energy": 54.585921, "activity_lines": [ 74.316424, 75.159961, 78.330462, 80.42955 ] }, { "date": "2024-06-07", "close": 74.024055, "volume": 0, "typical_volume": 53.95, "trend": 81.990453, "fair_value": 85.171524, "relative_strength": -14.8716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.876509, "energy": 51.947732, "activity_lines": [ 74.328095, 74.717987, 77.63825, 79.89828 ] }, { "date": "2024-06-14", "close": 73.675827, "volume": 0, "typical_volume": 53.95, "trend": 81.640415, "fair_value": 84.827972, "relative_strength": -12.085588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.935024, "energy": 49.179239, "activity_lines": [ 74.153399, 74.335009, 76.979398, 79.361853 ] }, { "date": "2024-06-21", "close": 72.282898, "volume": 0, "typical_volume": 53.95, "trend": 81.338565, "fair_value": 84.47578, "relative_strength": -14.98861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.836515, "energy": 55.175003, "activity_lines": [ 73.493417, 73.803389, 76.266556, 78.758142 ] }, { "date": "2024-06-28", "close": 71.835167, "volume": 0, "typical_volume": 52.45, "trend": 81.046259, "fair_value": 84.114355, "relative_strength": -15.814608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.87531, "energy": 59.619581, "activity_lines": [ 72.777054, 73.374585, 75.579829, 78.145019 ] }, { "date": "2024-07-05", "close": 76.809898, "volume": 0, "typical_volume": 52.45, "trend": 80.892046, "fair_value": 83.786555, "relative_strength": -12.328269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.941024, "energy": 39.002278, "activity_lines": [ 73.974304, 73.954548, 75.446865, 77.871706 ] }, { "date": "2024-07-12", "close": 77.158142, "volume": 0, "typical_volume": 52.45, "trend": 80.66298, "fair_value": 83.461855, "relative_strength": -11.70338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.171712, "energy": 28.847158, "activity_lines": [ 75.118495, 74.5547, 75.400093, 77.630809 ] }, { "date": "2024-07-19", "close": 70.889969, "volume": 0, "typical_volume": 52.45, "trend": 80.154827, "fair_value": 83.094082, "relative_strength": -17.891609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.137662, "energy": 37.137144, "activity_lines": [ 73.964356, 73.939031, 74.800028, 77.000292 ] }, { "date": "2024-07-26", "close": 73.576324, "volume": 15, "typical_volume": 53.2, "trend": 79.736219, "fair_value": 82.76146, "relative_strength": -14.50939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.410401, "energy": 24.620937, "activity_lines": [ 73.891392, 73.856721, 74.527701, 76.575872 ] }, { "date": "2024-08-02", "close": 71.785423, "volume": 0, "typical_volume": 33.2, "trend": 79.187767, "fair_value": 82.416201, "relative_strength": -12.906943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.478661, "energy": 39.229876, "activity_lines": [ 73.135233, 73.450602, 74.133194, 76.062918 ] }, { "date": "2024-08-09", "close": 72.382393, "volume": 0, "typical_volume": 33.2, "trend": 78.675528, "fair_value": 82.086337, "relative_strength": -12.727625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.401134, "energy": 41.431108, "activity_lines": [ 72.581381, 73.223573, 73.83474, 75.623861 ] }, { "date": "2024-08-16", "close": 74.422035, "volume": 0, "typical_volume": 33.2, "trend": 78.22312, "fair_value": 81.768101, "relative_strength": -11.604629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.608022, "energy": 32.042304, "activity_lines": [ 73.002576, 73.40176, 73.784604, 75.349442 ] }, { "date": "2024-08-23", "close": 74.024055, "volume": 0, "typical_volume": 33.2, "trend": 77.684036, "fair_value": 81.433722, "relative_strength": -13.357861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.859505, "energy": 27.420225, "activity_lines": [ 73.473518, 73.50035, 73.726704, 75.078535 ] }, { "date": "2024-08-30", "close": 73.825058, "volume": 0, "typical_volume": 33.2, "trend": 77.254143, "fair_value": 81.105876, "relative_strength": -14.308109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.294252, "energy": 17.772477, "activity_lines": [ 73.669188, 73.556428, 73.675593, 74.829569 ] }, { "date": "2024-09-06", "close": 68.402603, "volume": 0, "typical_volume": 13.2, "trend": 76.57988, "fair_value": 80.749632, "relative_strength": -17.056297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.693922, "energy": 35.496828, "activity_lines": [ 72.040792, 72.598565, 73.148963, 74.258502 ] }, { "date": "2024-09-13", "close": 66.412712, "volume": 0, "typical_volume": 8.75, "trend": 75.862126, "fair_value": 80.376295, "relative_strength": -19.651706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.630161, "energy": 59.067766, "activity_lines": [ 69.974619, 71.341315, 72.476474, 73.602555 ] }, { "date": "2024-09-20", "close": 66.263466, "volume": 0, "typical_volume": 6.75, "trend": 75.193231, "fair_value": 80.005472, "relative_strength": -19.800144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.167268, "energy": 72.232626, "activity_lines": [ 68.256677, 70.245968, 71.827986, 72.983287 ] }, { "date": "2024-09-27", "close": 69.745781, "volume": 0, "typical_volume": 0.75, "trend": 74.651832, "fair_value": 79.659574, "relative_strength": -15.917753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.123592, "energy": 66.666271, "activity_lines": [ 68.243411, 69.981855, 71.543082, 72.631839 ] }, { "date": "2024-10-04", "close": 67.208672, "volume": 0, "typical_volume": 0.75, "trend": 74.100905, "fair_value": 79.296545, "relative_strength": -17.670704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.273257, "energy": 65.89337, "activity_lines": [ 67.669661, 69.277253, 71.033764, 72.151635 ] }, { "date": "2024-10-11", "close": 62.48267, "volume": 176, "typical_volume": 9.55, "trend": 73.516426, "fair_value": 78.907848, "relative_strength": -23.025345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.251798, "energy": 70.329083, "activity_lines": [ 65.961668, 67.829153, 70.105147, 71.402071 ] }, { "date": "2024-10-18", "close": 59.746563, "volume": 0, "typical_volume": 9.55, "trend": 72.716761, "fair_value": 78.51665, "relative_strength": -26.091951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.064587, "energy": 80.59251, "activity_lines": [ 63.736303, 66.05272, 68.978725, 70.513693 ] }, { "date": "2024-10-25", "close": 57.507935, "volume": 150, "typical_volume": 17.05, "trend": 71.941988, "fair_value": 78.093172, "relative_strength": -27.36406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.692639, "energy": 91.982242, "activity_lines": [ 61.209137, 64.099006, 67.708273, 69.532478 ] }, { "date": "2024-11-01", "close": 52.284462, "volume": 0, "typical_volume": 17.05, "trend": 71.037144, "fair_value": 77.640259, "relative_strength": -32.267537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.078884, "energy": 96.455436, "activity_lines": [ 57.524517, 61.503099, 66.018995, 68.264251 ] }, { "date": "2024-11-08", "close": 51.239769, "volume": 0, "typical_volume": 17.05, "trend": 69.997966, "fair_value": 77.174865, "relative_strength": -33.368851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.006221, "energy": 95.824149, "activity_lines": [ 54.655753, 59.112513, 64.332086, 66.987001 ] }, { "date": "2024-11-15", "close": 50.593052, "volume": 0, "typical_volume": 17.05, "trend": 69.098733, "fair_value": 76.710242, "relative_strength": -33.639074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.041668, "energy": 93.833631, "activity_lines": [ 52.63601, 57.014983, 62.68379, 65.735071 ] }, { "date": "2024-11-22", "close": 46.981396, "volume": 0, "typical_volume": 17.05, "trend": 68.183517, "fair_value": 76.234903, "relative_strength": -37.313621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.04998, "energy": 95.545563, "activity_lines": [ 50.205024, 54.584599, 60.792681, 64.308146 ] }, { "date": "2024-11-29", "close": 47.060989, "volume": 0, "typical_volume": 17.05, "trend": 67.319895, "fair_value": 75.758917, "relative_strength": -36.693301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.712077, "energy": 92.086448, "activity_lines": [ 48.651579, 52.521983, 59.051192, 62.945402 ] }, { "date": "2024-12-06", "close": 49.050884, "volume": 0, "typical_volume": 17.05, "trend": 66.509551, "fair_value": 75.287301, "relative_strength": -34.181598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.366459, "energy": 81.192624, "activity_lines": [ 48.457896, 51.170303, 57.642536, 61.766756 ] }, { "date": "2024-12-13", "close": 50.543304, "volume": 0, "typical_volume": 16.3, "trend": 65.738467, "fair_value": 74.826118, "relative_strength": -32.682274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.737249, "energy": 67.194068, "activity_lines": [ 48.977258, 50.466242, 56.480012, 60.736676 ] }, { "date": "2024-12-20", "close": 44.991501, "volume": 130, "typical_volume": 22.8, "trend": 64.715993, "fair_value": 74.308814, "relative_strength": -38.369949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.261315, "energy": 71.664979, "activity_lines": [ 47.69245, 49.055769, 54.898425, 59.398162 ] }, { "date": "2024-12-27", "close": 46.862, "volume": 0, "typical_volume": 22.8, "trend": 63.8023, "fair_value": 73.791065, "relative_strength": -35.792845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.4726, "energy": 66.150288, "activity_lines": [ 47.404578, 48.303408, 53.622571, 58.246291 ] }, { "date": "2025-01-03", "close": 45.210388, "volume": 0, "typical_volume": 22.8, "trend": 62.841845, "fair_value": 73.297432, "relative_strength": -37.605091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.277192, "energy": 68.453849, "activity_lines": [ 46.574129, 47.485018, 52.310947, 57.046813 ] }, { "date": "2025-01-10", "close": 46.085941, "volume": 0, "typical_volume": 22.8, "trend": 61.922182, "fair_value": 72.7883, "relative_strength": -35.584463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.548569, "energy": 65.811855, "activity_lines": [ 46.158904, 47.049412, 51.221811, 55.965787 ] }, { "date": "2025-01-17", "close": 44.394531, "volume": 160, "typical_volume": 30.8, "trend": 60.992569, "fair_value": 72.34641, "relative_strength": -39.196369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.808604, "energy": 67.346618, "activity_lines": [ 45.377539, 46.418977, 50.104628, 54.834971 ] }, { "date": "2025-01-24", "close": 43.618473, "volume": 0, "typical_volume": 30.8, "trend": 60.052013, "fair_value": 71.982546, "relative_strength": -40.388624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.470098, "energy": 68.534645, "activity_lines": [ 44.747406, 45.7719, 49.053679, 53.714062 ] }, { "date": "2025-01-31", "close": 44.076149, "volume": 0, "typical_volume": 30.8, "trend": 58.960888, "fair_value": 71.624218, "relative_strength": -39.214328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.157884, "energy": 65.808121, "activity_lines": [ 44.361367, 45.334847, 48.164339, 52.683361 ] }, { "date": "2025-02-07", "close": 41.270401, "volume": 0, "typical_volume": 30.8, "trend": 57.76463, "fair_value": 71.21696, "relative_strength": -42.374776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.439944, "energy": 69.212446, "activity_lines": [ 43.225802, 44.440481, 47.114149, 51.542039 ] }, { "date": "2025-02-14", "close": 45.687962, "volume": 0, "typical_volume": 30.8, "trend": 56.924563, "fair_value": 70.886317, "relative_strength": -38.462409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.259173, "energy": 57.256619, "activity_lines": [ 43.825423, 44.454591, 46.603693, 50.762899 ] }, { "date": "2025-02-21", "close": 48.274826, "volume": 0, "typical_volume": 30.8, "trend": 56.08118, "fair_value": 70.608406, "relative_strength": -33.459748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.746341, "energy": 42.715301, "activity_lines": [ 45.313863, 45.000183, 46.454167, 50.204852 ] }, { "date": "2025-02-28", "close": 45.309887, "volume": 20, "typical_volume": 23.0, "trend": 55.198662, "fair_value": 70.361867, "relative_strength": -38.074107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.875427, "energy": 34.70111, "activity_lines": [ 45.555305, 45.047942, 46.112427, 49.509929 ] }, { "date": "2025-03-07", "close": 45.051197, "volume": 1131, "typical_volume": 79.55, "trend": 54.287622, "fair_value": 70.131369, "relative_strength": -39.534679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.763551, "energy": 24.086795, "activity_lines": [ 45.597756, 45.042876, 45.827825, 48.855254 ] }, { "date": "2025-03-14", "close": 46.822205, "volume": 90, "typical_volume": 76.55, "trend": 53.367628, "fair_value": 69.871389, "relative_strength": -36.375941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.83067, "energy": 18.543233, "activity_lines": [ 46.165539, 45.392736, 45.781868, 48.373614 ] }, { "date": "2025-03-21", "close": 46.384426, "volume": 302, "typical_volume": 91.65, "trend": 52.446307, "fair_value": 69.620171, "relative_strength": -35.459201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.541478, "energy": 19.526377, "activity_lines": [ 46.217276, 45.633694, 45.745102, 47.923085 ] }, { "date": "2025-03-28", "close": 42.205647, "volume": 50, "typical_volume": 94.15, "trend": 51.392326, "fair_value": 69.357724, "relative_strength": -39.214396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.555973, "energy": 33.195406, "activity_lines": [ 44.829656, 45.109447, 45.338453, 47.262398 ] }, { "date": "2025-04-04", "close": 37.350311, "volume": 0, "typical_volume": 94.15, "trend": 50.35725, "fair_value": 69.088446, "relative_strength": -39.436561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.232138, "energy": 47.896731, "activity_lines": [ 42.228202, 43.74221, 44.51241, 46.356461 ] }, { "date": "2025-04-11", "close": 32.693958, "volume": 454, "typical_volume": 116.85, "trend": 49.233292, "fair_value": 68.785561, "relative_strength": -45.400261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.347469, "energy": 82.033443, "activity_lines": [ 38.605269, 41.642329, 43.305966, 45.216894 ] }, { "date": "2025-04-18", "close": 33.430218, "volume": 1251, "typical_volume": 179.4, "trend": 48.13885, "fair_value": 68.461656, "relative_strength": -46.159705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.218405, "energy": 87.729247, "activity_lines": [ 36.051572, 39.883263, 42.237677, 44.197341 ] }, { "date": "2025-04-25", "close": 37.927376, "volume": 298, "typical_volume": 194.3, "trend": 47.078236, "fair_value": 68.18798, "relative_strength": -40.261699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.951778, "energy": 80.546798, "activity_lines": [ 35.889726, 39.084411, 41.662598, 43.538536 ] }, { "date": "2025-05-02", "close": 37.07172, "volume": 0, "typical_volume": 194.3, "trend": 46.073671, "fair_value": 67.927236, "relative_strength": -41.624789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.159017, "energy": 75.478127, "activity_lines": [ 36.006466, 38.271086, 41.058997, 42.892954 ] }, { "date": "2025-05-09", "close": 37.449802, "volume": 0, "typical_volume": 187.8, "trend": 45.239242, "fair_value": 67.648872, "relative_strength": -42.837277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.777371, "energy": 51.48356, "activity_lines": [ 36.591494, 37.730197, 40.555553, 42.336576 ] }, { "date": "2025-05-16", "close": 37.720001, "volume": 381, "typical_volume": 206.85, "trend": 44.505024, "fair_value": 67.377326, "relative_strength": -43.277076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.4725, "energy": 40.367378, "activity_lines": [ 37.259956, 37.381345, 40.113756, 41.851463 ] }, { "date": "2025-05-23", "close": 34.599998, "volume": 531, "typical_volume": 233.4, "trend": 43.741426, "fair_value": 67.073216, "relative_strength": -46.477578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.396757, "energy": 45.467059, "activity_lines": [ 36.553348, 36.598514, 39.418349, 41.212429 ] }, { "date": "2025-05-30", "close": 36.080002, "volume": 1765, "typical_volume": 321.65, "trend": 43.201277, "fair_value": 66.760645, "relative_strength": -43.855886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.844089, "energy": 41.35987, "activity_lines": [ 36.262089, 36.306997, 38.914421, 40.718144 ] }, { "date": "2025-06-06", "close": 37.080002, "volume": 354, "typical_volume": 331.35, "trend": 42.729285, "fair_value": 66.495167, "relative_strength": -41.668185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.037183, "energy": 36.628996, "activity_lines": [ 36.427321, 36.384651, 38.553378, 40.323223 ] }, { "date": "2025-06-13", "close": 38.32, "volume": 422, "typical_volume": 352.45, "trend": 42.320183, "fair_value": 66.280118, "relative_strength": -37.4027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.430803, "energy": 32.081572, "activity_lines": [ 37.005334, 36.780953, 38.345261, 40.038753 ] }, { "date": "2025-06-20", "close": 37.700001, "volume": 0, "typical_volume": 352.45, "trend": 42.010803, "fair_value": 66.07665, "relative_strength": -37.1426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.248997, "energy": 23.93986, "activity_lines": [ 37.318668, 37.046898, 38.103327, 39.740677 ] }, { "date": "2025-06-27", "close": 41.560001, "volume": 0, "typical_volume": 352.45, "trend": 41.827437, "fair_value": 65.938311, "relative_strength": -31.021307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.425478, "energy": 15.845236, "activity_lines": [ 38.920001, 37.923641, 38.259375, 39.711593 ] }, { "date": "2025-07-04", "close": 40.040001, "volume": 526, "typical_volume": 378.75, "trend": 41.527074, "fair_value": 65.783647, "relative_strength": -31.908573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.875289, "energy": 15.741228, "activity_lines": [ 39.550668, 38.376207, 38.269282, 39.596274 ] }, { "date": "2025-07-11", "close": 43.740002, "volume": 0, "typical_volume": 378.75, "trend": 41.300298, "fair_value": 65.655095, "relative_strength": -26.084023, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.395731, "energy": 26.090672, "activity_lines": [ 41.150668, 39.463088, 38.658465, 39.739044 ] }, { "date": "2025-07-18", "close": 44.959999, "volume": 709, "typical_volume": 413.2, "trend": 41.299247, "fair_value": 65.508336, "relative_strength": -23.020019, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.032802, "energy": 48.430005, "activity_lines": [ 42.713334, 40.650546, 39.185433, 39.975154 ] }, { "date": "2025-07-25", "close": 41.82, "volume": 50, "typical_volume": 359.15, "trend": 41.131181, "fair_value": 65.301663, "relative_strength": -28.656398, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.526819, "energy": 47.489169, "activity_lines": [ 42.786667, 41.130546, 39.415019, 40.00875 ] }, { "date": "2025-08-01", "close": 37.560001, "volume": 1810, "typical_volume": 445.15, "trend": 40.876168, "fair_value": 65.074263, "relative_strength": -33.023182, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 4.700316, "energy": 19.24239, "activity_lines": [ 41.165334, 40.761455, 39.254278, 39.778352 ] }, { "date": "2025-08-08", "close": 36.98, "volume": 127, "typical_volume": 436.4, "trend": 40.572637, "fair_value": 64.84494, "relative_strength": -36.529671, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.643701, "energy": 16.148099, "activity_lines": [ 39.617334, 40.233091, 39.082404, 39.526986 ] }, { "date": "2025-08-15", "close": 35.939999, "volume": 377, "typical_volume": 452.75, "trend": 40.290819, "fair_value": 64.626301, "relative_strength": -38.657867, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.828977, "energy": 32.972566, "activity_lines": [ 37.926666, 39.499273, 38.856266, 39.228106 ] }, { "date": "2025-08-22", "close": 38.139999, "volume": 543, "typical_volume": 479.9, "trend": 40.108203, "fair_value": 64.44809, "relative_strength": -32.796264, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.982911, "energy": 33.128626, "activity_lines": [ 37.489333, 39.186182, 38.869488, 39.089344 ] }, { "date": "2025-08-29", "close": 36.119999, "volume": 3, "typical_volume": 457.35, "trend": 39.842998, "fair_value": 64.263811, "relative_strength": -32.677251, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.017519, "energy": 41.654168, "activity_lines": [ 36.833333, 38.509091, 38.686568, 38.83204 ] }, { "date": "2025-09-05", "close": 33.84, "volume": 0, "typical_volume": 394.8, "trend": 39.595318, "fair_value": 64.068207, "relative_strength": -35.443663, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.518586, "energy": 59.995405, "activity_lines": [ 35.797333, 37.446182, 38.270192, 38.44475 ] }, { "date": "2025-09-12", "close": 34.18, "volume": 0, "typical_volume": 379.9, "trend": 39.211719, "fair_value": 63.894825, "relative_strength": -34.27348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.208653, "energy": 59.461087, "activity_lines": [ 35.122666, 36.585454, 37.884244, 38.095375 ] }, { "date": "2025-09-19", "close": 42.400002, "volume": 4099, "typical_volume": 584.85, "trend": 39.015892, "fair_value": 63.798666, "relative_strength": -16.816626, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.048239, "energy": 14.303303, "activity_lines": [ 37.374667, 37.325818, 38.298999, 38.30107 ] }, { "date": "2025-09-26", "close": 44.400002, "volume": 0, "typical_volume": 584.85, "trend": 38.985562, "fair_value": 63.735072, "relative_strength": -11.896724, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.222119, "energy": 16.841928, "activity_lines": [ 39.862668, 38.454182, 38.878858, 38.648432 ] }, { "date": "2025-10-03", "close": 53.150002, "volume": 1064, "typical_volume": 619.0, "trend": 39.255522, "fair_value": 63.715302, "relative_strength": 4.575777, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.073349, "energy": 72.950602, "activity_lines": [ 44.850002, 41.183637, 40.258953, 39.562267 ] }, { "date": "2025-10-10", "close": 53.75, "volume": 1726, "typical_volume": 678.75, "trend": 39.486449, "fair_value": 63.722711, "relative_strength": 8.928459, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.917327, "energy": 87.554333, "activity_lines": [ 48.902001, 43.816183, 41.622715, 40.497395 ] }, { "date": "2025-10-17", "close": 54.349998, "volume": 1561, "typical_volume": 668.55, "trend": 39.751968, "fair_value": 63.70495, "relative_strength": 13.216761, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.953589, "energy": 91.843337, "activity_lines": [ 51.826667, 46.263455, 42.952429, 41.456333 ] }, { "date": "2025-10-24", "close": 58.799999, "volume": 498, "typical_volume": 675.75, "trend": 40.305113, "fair_value": 63.687893, "relative_strength": 20.944709, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.070228, "energy": 94.965862, "activity_lines": [ 54.89, 49.204, 44.618953, 42.685238 ] }, { "date": "2025-10-31", "close": 53.849998, "volume": 4278, "typical_volume": 868.55, "trend": 40.855103, "fair_value": 63.65137, "relative_strength": 8.216615, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.973119, "energy": 87.744743, "activity_lines": [ 55.209999, 50.828909, 45.710619, 43.559102 ] }, { "date": "2025-11-07", "close": 45.48, "volume": 229, "typical_volume": 880.0, "trend": 41.281304, "fair_value": 63.491492, "relative_strength": -6.722414, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.860947, "energy": 56.623678, "activity_lines": [ 52.109999, 50.646363, 45.93119, 43.857483 ] }, { "date": "2025-11-14", "close": 44.560001, "volume": 495, "typical_volume": 904.75, "trend": 41.652297, "fair_value": 63.305075, "relative_strength": -9.622163, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.954783, "energy": 36.106931, "activity_lines": [ 49.214666, 50.126364, 46.027095, 44.069011 ] }, { "date": "2025-11-21", "close": 42.68, "volume": 728, "typical_volume": 914.85, "trend": 41.810718, "fair_value": 63.104513, "relative_strength": -11.539742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.872207, "energy": 25.284484, "activity_lines": [ 46.305333, 49.069636, 45.929667, 44.135315 ] }, { "date": "2025-11-28", "close": 49.060001, "volume": 2600, "typical_volume": 1044.85, "trend": 42.210327, "fair_value": 62.937369, "relative_strength": -2.139289, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.515725, "energy": 28.332909, "activity_lines": [ 46.300667, 49.018364, 46.427286, 44.60301 ] }, { "date": "2025-12-05", "close": 49.66, "volume": 1219, "typical_volume": 1070.35, "trend": 42.617334, "fair_value": 62.796508, "relative_strength": -1.606589, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.672891, "energy": 24.047359, "activity_lines": [ 47.145334, 48.955091, 46.956714, 45.083635 ] }, { "date": "2025-12-12", "close": 47.560001, "volume": 0, "typical_volume": 1067.85, "trend": 42.945334, "fair_value": 62.648468, "relative_strength": -5.32996, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.928968, "energy": 17.320159, "activity_lines": [ 47.569334, 48.414364, 47.263762, 45.402516 ] }, { "date": "2025-12-19", "close": 45.98, "volume": 330, "typical_volume": 993.85, "trend": 43.324667, "fair_value": 62.524103, "relative_strength": -10.113852, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.666145, "energy": 19.179773, "activity_lines": [ 47.328, 47.688, 47.393, 45.598301 ] }, { "date": "2025-12-26", "close": 46.5, "volume": 0, "typical_volume": 987.5, "trend": 43.672, "fair_value": 62.412345, "relative_strength": -8.588794, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.258455, "energy": 13.051893, "activity_lines": [ 47.165334, 47.197455, 47.531667, 45.803161 ] }, { "date": "2026-01-02", "close": 50.849998, "volume": 0, "typical_volume": 968.65, "trend": 44.131, "fair_value": 62.309625, "relative_strength": -1.426543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.022061, "energy": 24.330672, "activity_lines": [ 48.197999, 47.640545, 48.039286, 46.266258 ] }, { "date": "2026-01-09", "close": 51.400002, "volume": 2386, "typical_volume": 1060.8, "trend": 44.567, "fair_value": 62.152994, "relative_strength": -0.69405, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.870399, "energy": 31.067089, "activity_lines": [ 49.294667, 48.328182, 48.528286, 46.735226 ] }, { "date": "2026-01-16", "close": 55.0, "volume": 2229, "typical_volume": 1172.1, "trend": 45.143667, "fair_value": 62.050851, "relative_strength": 5.315056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.933431, "energy": 61.96896, "activity_lines": [ 51.475333, 49.714909, 49.297, 47.408323 ] }, { "date": "2026-01-23", "close": 53.5, "volume": 952, "typical_volume": 1219.7, "trend": 45.541667, "fair_value": 61.912468, "relative_strength": 1.87492, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.140171, "energy": 66.314082, "activity_lines": [ 52.66, 50.655818, 49.832952, 47.947441 ] }, { "date": "2026-01-30", "close": 52.599998, "volume": 44, "typical_volume": 1221.9, "trend": 45.960333, "fair_value": 61.741692, "relative_strength": -0.966352, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.048935, "energy": 64.0718, "activity_lines": [ 53.043333, 51.270545, 50.189571, 48.402817 ] }, { "date": "2026-02-06", "close": 52.0, "volume": 2282, "typical_volume": 1131.05, "trend": 46.235667, "fair_value": 61.58083, "relative_strength": -2.855927, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.250634, "energy": 57.97612, "activity_lines": [ 52.82, 51.595818, 50.401333, 48.792473 ] }, { "date": "2026-02-13", "close": 48.5, "volume": 3146, "typical_volume": 1288.35, "trend": 46.353667, "fair_value": 61.435823, "relative_strength": -8.223875, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.543308, "energy": 26.710114, "activity_lines": [ 51.353333, 51.231272, 50.234048, 48.938559 ] }, { "date": "2026-02-20", "close": 54.349998, "volume": 2040, "typical_volume": 1337.15, "trend": 46.771333, "fair_value": 61.374087, "relative_strength": 0.097471, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.854641, "energy": 29.948904, "activity_lines": [ 52.029999, 51.951454, 50.604381, 49.454451 ] }, { "date": "2026-02-27", "close": 57.549999, "volume": 1555, "typical_volume": 1328.6, "trend": 47.437667, "fair_value": 61.319102, "relative_strength": 8.141167, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.806364, "energy": 39.496997, "activity_lines": [ 53.816666, 53.129999, 51.273762, 50.149849 ] }, { "date": "2026-03-06", "close": 50.950001, "volume": 5827, "typical_volume": 1541.9, "trend": 47.903333, "fair_value": 61.233178, "relative_strength": 1.243276, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.192941, "energy": 27.202611, "activity_lines": [ 53.133333, 52.898181, 51.296476, 50.376451 ] }, { "date": "2026-03-13", "close": 57.849998, "volume": 3816, "typical_volume": 1707.8, "trend": 48.633667, "fair_value": 61.195074, "relative_strength": 18.001074, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.629288, "energy": 47.405758, "activity_lines": [ 54.859999, 53.839999, 51.992523, 51.018172 ] }, { "date": "2026-03-20", "close": 52.549999, "volume": 1150, "typical_volume": 1551.4, "trend": 49.114, "fair_value": 61.131072, "relative_strength": 8.772219, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.688034, "energy": 31.343515, "activity_lines": [ 54.429999, 53.690908, 52.188333, 51.270838 ] }, { "date": "2026-03-27", "close": 54.950001, "volume": 530, "typical_volume": 1566.45, "trend": 49.741667, "fair_value": 61.082455, "relative_strength": 12.026986, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.922884, "energy": 26.822161, "activity_lines": [ 54.53, 53.957272, 52.618904, 51.647355 ] }, { "date": "2026-04-03", "close": 53.049999, "volume": 1494, "typical_volume": 1616.4, "trend": 50.382, "fair_value": 61.019266, "relative_strength": 4.499782, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.970128, "energy": 24.890379, "activity_lines": [ 53.956666, 53.87909, 52.823428, 51.860795 ] }, { "date": "2026-04-10", "close": 60.0, "volume": 2412, "typical_volume": 1700.6, "trend": 51.242667, "fair_value": 60.985072, "relative_strength": 10.598499, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.164218, "energy": 33.135266, "activity_lines": [ 56.0, 55.072727, 53.649428, 52.481312 ] }, { "date": "2026-04-17", "close": 69.199997, "volume": 2298, "typical_volume": 1685.5, "trend": 52.136, "fair_value": 61.015237, "relative_strength": 23.688656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.436617, "energy": 67.29479, "activity_lines": [ 60.506666, 57.804545, 55.269142, 53.639849 ] }, { "date": "2026-04-24", "close": 74.5, "volume": 2171, "typical_volume": 1733.1, "trend": 53.139333, "fair_value": 61.103009, "relative_strength": 36.868341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.129476, "energy": 84.215932, "activity_lines": [ 66.023332, 61.187272, 57.297714, 55.082688 ] }, { "date": "2026-05-01", "close": 78.75, "volume": 688, "typical_volume": 1767.5, "trend": 53.992666, "fair_value": 61.221316, "relative_strength": 42.327239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.137757, "energy": 90.123777, "activity_lines": [ 71.493333, 64.869999, 59.612761, 56.734989 ] }, { "date": "2026-05-08", "close": 98.900002, "volume": 369, "typical_volume": 1769.45, "trend": 55.497666, "fair_value": 61.474749, "relative_strength": 73.209464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.377104, "energy": 97.591607, "activity_lines": [ 82.093334, 71.772727, 63.698333, 59.632236 ] }, { "date": "2026-05-15", "close": 88.300003, "volume": 615, "typical_volume": 1800.2, "trend": 56.629333, "fair_value": 61.613804, "relative_strength": 53.275518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.383235, "energy": 90.694249, "activity_lines": [ 86.103335, 75.996364, 66.522381, 61.748516 ] }, { "date": "2026-05-22", "close": 93.300003, "volume": 2835, "typical_volume": 1941.95, "trend": 57.779333, "fair_value": 61.721225, "relative_strength": 56.275869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.282956, "energy": 91.532425, "activity_lines": [ 89.893336, 80.450001, 69.623572, 64.114366 ] }, { "date": "2026-05-29", "close": 104.199997, "volume": 4542, "typical_volume": 2049.75, "trend": 59.457667, "fair_value": 61.884401, "relative_strength": 66.987384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.444192, "energy": 94.224683, "activity_lines": [ 95.710001, 86.240909, 73.560714, 67.109247 ] }, { "date": "2026-06-05", "close": 90.800003, "volume": 4, "typical_volume": 1938.5, "trend": 60.968333, "fair_value": 62.004659, "relative_strength": 45.24672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.33252, "energy": 66.25025, "activity_lines": [ 95.080001, 88.656365, 75.970238, 69.131333 ] }, { "date": "2026-06-12", "close": 93.099998, "volume": 2776, "typical_volume": 2029.7, "trend": 62.586333, "fair_value": 62.116131, "relative_strength": 43.144765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.523098, "energy": 64.748883, "activity_lines": [ 94.413333, 90.838182, 78.428333, 71.204344 ] }, { "date": "2026-06-19", "close": 92.449997, "volume": 2, "typical_volume": 2027.6, "trend": 64.245333, "fair_value": 62.277082, "relative_strength": 34.925505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.342501, "energy": 61.381459, "activity_lines": [ 93.916666, 92.173636, 80.635952, 73.131032 ] }, { "date": "2026-06-26", "close": 82.650002, "volume": 3, "typical_volume": 1913.65, "trend": 65.365, "fair_value": 62.369253, "relative_strength": 22.126888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.739804, "energy": 42.46333, "activity_lines": [ 89.876666, 91.137273, 81.720476, 74.31843 ] }, { "date": "2026-07-03", "close": 92.5, "volume": 1455, "typical_volume": 1829.1, "trend": 66.793, "fair_value": 62.531152, "relative_strength": 32.163929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.24316, "energy": 39.124362, "activity_lines": [ 89.83, 91.647273, 83.597143, 76.069075 ] }, { "date": "2026-07-10", "close": 88.599998, "volume": 3106, "typical_volume": 1882.4, "trend": 68.161, "fair_value": 62.62821, "relative_strength": 27.276478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.055826, "energy": 31.327156, "activity_lines": [ 89.263333, 91.120909, 84.892857, 77.475978 ] }, { "date": "2026-07-17", "close": 86.949997, "volume": 925, "typical_volume": 1850.9, "trend": 69.526666, "fair_value": 62.719709, "relative_strength": 26.436815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.640341, "energy": 24.626855, "activity_lines": [ 88.293332, 90.115454, 85.868333, 78.688172 ] }, { "date": "2026-07-24", "close": 83.300003, "volume": 21, "typical_volume": 1560.6, "trend": 70.753333, "fair_value": 62.761459, "relative_strength": 18.62789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.509877, "energy": 22.705735, "activity_lines": [ 86.516667, 88.663636, 86.35619, 79.576774 ] }, { "date": "2026-07-31", "close": 78.349998, "volume": 2473, "typical_volume": 1493.45, "trend": 71.67, "fair_value": 62.770538, "relative_strength": 10.817322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.805157, "energy": 16.859458, "activity_lines": [ 83.699999, 86.402727, 86.218571, 80.066881 ] }, { "date": "2026-08-07", "close": 78.300003, "volume": 1614, "typical_volume": 1516.65, "trend": 72.566666, "fair_value": 62.777413, "relative_strength": 6.765454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.872718, "energy": 15.003808, "activity_lines": [ 81.153334, 84.404545, 85.978571, 80.494624 ] } ], "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." } } }