{ "ticker": { "uuid": "717e4ff1-d485-4408-980b-9a2690cf7d7b", "symbol": "4070", "name": "Tihama for Advertising, Public Relations and Marketing Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 59.728, "architecture_energy": 45.227, "architecture_maturity": 40.255, "architecture_confidence": 62.88, "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": 22.53, "rotation_up": 51.52, "upward_expansion": 80.15, "deceleration": 67.43, "rotation_down": 23.84, "downward_expansion": 6.82 }, "activity_lines": [ 17.249333, 17.189818, 16.422476, 15.966215 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 17.18, "trend_reference": 15.614667, "distance_from_trend": 0.100248, "trend_direction": "Weakening", "fair_value": 25.214435, "distance_from_fair_value": -0.318644, "fair_value_direction": "Improving", "relative_strength": -8.678072, "relative_strength_direction": "Improving", "price_momentum": 0.114137, "excess_performance": 0.145967, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100248, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.056936, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.318644, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.143367, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086781, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.257802, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.114137, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.83507, "read": "Demand-led" } ], "volume": { "latest": 844995, "relative_activity": 0.979899, "balance": 2.83507, "dry_up": 0.884064, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.05973, "annualized_volatility": 0.20883, "from_high_reference": -0.443834, "from_low_reference": 0.235971 }, "levels": { "trend_reference": 15.614667, "fair_value_reference": 25.214435, "structural_low": 13.9, "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": 3, "median_return": 0.023602, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.00973, "regime_survival": 0.666667, "best_return": 0.035587, "worst_return": -0.077892, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.026097, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.007928, "regime_survival": 0.0, "best_return": -0.026097, "worst_return": -0.026097, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.008897, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": 0.062006, "regime_survival": 0.0, "best_return": -0.008897, "worst_return": -0.008897, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.446712, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.318353, "regime_survival": 0.0, "best_return": -0.446712, "worst_return": -0.446712, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-03", "end": "2024-06-07", "tenure": "Developing", "return": -0.083434, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-10-25", "tenure": "Established", "return": 0.002614, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-02-28", "tenure": "Developing", "return": -0.045077, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-05-30", "tenure": "Established", "return": -0.062189, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": 0.001326, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.10809, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.018913, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.012346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": -0.053325, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": 0.102341, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.16811, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-06-19", "tenure": "Extended", "return": -0.243119, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": 0.030412, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.012076, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 30.610821, "volume": 737914, "typical_volume": 369274.2, "trend": 35.0263, "fair_value": 82.998865, "relative_strength": -24.404336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.880633, "energy": 71.011987, "activity_lines": [ 30.964514, 31.581151, 33.200893, 33.899192 ] }, { "date": "2023-08-11", "close": 31.308901, "volume": 935034, "typical_volume": 415906.75, "trend": 35.030442, "fair_value": 82.785565, "relative_strength": -22.524057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.449535, "energy": 59.648492, "activity_lines": [ 30.997091, 31.437728, 32.948174, 33.659359 ] }, { "date": "2023-08-18", "close": 31.273996, "volume": 1535315, "typical_volume": 492515.45, "trend": 34.915018, "fair_value": 82.563704, "relative_strength": -22.211672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.446174, "energy": 75.923318, "activity_lines": [ 31.071553, 31.320958, 32.691099, 33.417008 ] }, { "date": "2023-08-25", "close": 32.006981, "volume": 3077215, "typical_volume": 645993.0, "trend": 34.559542, "fair_value": 82.338204, "relative_strength": -19.50628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.609423, "energy": 60.667969, "activity_lines": [ 31.408959, 31.374901, 32.504944, 33.229393 ] }, { "date": "2023-09-01", "close": 31.553228, "volume": 1343676, "typical_volume": 712827.3, "trend": 34.127432, "fair_value": 82.114145, "relative_strength": -20.77873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.328912, "energy": 38.881071, "activity_lines": [ 31.522978, 31.370458, 32.261115, 33.035437 ] }, { "date": "2023-09-08", "close": 31.762651, "volume": 1868461, "typical_volume": 806250.35, "trend": 33.734595, "fair_value": 81.856446, "relative_strength": -17.730194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.317759, "energy": 32.307371, "activity_lines": [ 31.660267, 31.434554, 32.07014, 32.88287 ] }, { "date": "2023-09-15", "close": 32.321117, "volume": 3887718, "typical_volume": 1000636.25, "trend": 33.428033, "fair_value": 81.53526, "relative_strength": -15.304372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.823779, "energy": 22.621327, "activity_lines": [ 31.906922, 31.602728, 31.964264, 32.791678 ] }, { "date": "2023-09-22", "close": 32.565445, "volume": 2306969, "typical_volume": 1115911.0, "trend": 33.228028, "fair_value": 81.10054, "relative_strength": -12.317193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.24996, "energy": 17.951553, "activity_lines": [ 32.167539, 31.811518, 31.910911, 32.736027 ] }, { "date": "2023-09-29", "close": 31.413612, "volume": 1133875, "typical_volume": 1172469.7, "trend": 33.258726, "fair_value": 80.487146, "relative_strength": -15.673442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.943512, "energy": 19.799357, "activity_lines": [ 31.958115, 31.792479, 31.796227, 32.618968 ] }, { "date": "2023-10-06", "close": 31.378708, "volume": 487072, "typical_volume": 1196670.15, "trend": 33.234442, "fair_value": 79.767492, "relative_strength": -12.943987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.323987, "energy": 19.072851, "activity_lines": [ 31.776614, 31.75821, 31.72725, 32.497677 ] }, { "date": "2023-10-13", "close": 29.877834, "volume": 653493, "typical_volume": 1228724.95, "trend": 33.157053, "fair_value": 78.95665, "relative_strength": -15.072648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.859115, "energy": 45.553246, "activity_lines": [ 31.106456, 31.441535, 31.527964, 32.281121 ] }, { "date": "2023-10-20", "close": 30.191973, "volume": 354271, "typical_volume": 1246289.65, "trend": 33.12704, "fair_value": 78.093443, "relative_strength": -14.026109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.427627, "energy": 66.384484, "activity_lines": [ 30.666666, 31.195303, 31.372725, 32.089826 ] }, { "date": "2023-10-27", "close": 30.26178, "volume": 871881, "typical_volume": 1289691.45, "trend": 33.085514, "fair_value": 77.266936, "relative_strength": -11.198523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.311282, "energy": 65.956075, "activity_lines": [ 30.392088, 30.982072, 31.238095, 31.904971 ] }, { "date": "2023-11-03", "close": 30.715532, "volume": 1022653, "typical_volume": 1340358.8, "trend": 33.143688, "fair_value": 76.394397, "relative_strength": -12.885141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.496299, "energy": 57.884478, "activity_lines": [ 30.422338, 30.869744, 31.161306, 31.752068 ] }, { "date": "2023-11-10", "close": 28.970331, "volume": 907604, "typical_volume": 1385481.2, "trend": 32.827225, "fair_value": 75.574113, "relative_strength": -16.967621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.126254, "energy": 56.961374, "activity_lines": [ 29.917394, 30.463588, 30.930773, 31.48282 ] }, { "date": "2023-11-17", "close": 28.795811, "volume": 728662, "typical_volume": 1367595.7, "trend": 32.504944, "fair_value": 74.946657, "relative_strength": -18.420889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.815757, "energy": 52.299774, "activity_lines": [ 29.514834, 30.072663, 30.703897, 31.222728 ] }, { "date": "2023-11-24", "close": 29.458986, "volume": 864803, "typical_volume": 1332195.05, "trend": 32.20477, "fair_value": 74.290826, "relative_strength": -15.64888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.486945, "energy": 48.554118, "activity_lines": [ 29.405467, 29.856258, 30.554973, 31.026215 ] }, { "date": "2023-12-01", "close": 28.830715, "volume": 1074136, "typical_volume": 1281752.05, "trend": 31.74171, "fair_value": 73.380829, "relative_strength": -17.244445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.956054, "energy": 62.354479, "activity_lines": [ 29.135543, 29.577661, 30.358846, 30.808534 ] }, { "date": "2023-12-08", "close": 28.551483, "volume": 762291, "typical_volume": 1270802.1, "trend": 31.303083, "fair_value": 72.423727, "relative_strength": -17.406495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.030678, "energy": 59.635135, "activity_lines": [ 28.867946, 29.316198, 30.149089, 30.602713 ] }, { "date": "2023-12-15", "close": 28.830715, "volume": 1210474, "typical_volume": 1288175.85, "trend": 31.129726, "fair_value": 71.513729, "relative_strength": -17.743501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.004814, "energy": 51.416366, "activity_lines": [ 28.837696, 29.157543, 29.977229, 30.443205 ] }, { "date": "2023-12-22", "close": 29.458986, "volume": 3392340, "typical_volume": 1420897.15, "trend": 31.01687, "fair_value": 70.636761, "relative_strength": -16.01785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.801902, "energy": 41.261958, "activity_lines": [ 29.026177, 29.159447, 29.874844, 30.335416 ] }, { "date": "2023-12-29", "close": 29.214659, "volume": 1055913, "typical_volume": 1426941.1, "trend": 30.886561, "fair_value": 69.81623, "relative_strength": -18.527012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.597172, "energy": 36.531084, "activity_lines": [ 29.089004, 29.124543, 29.754674, 30.219144 ] }, { "date": "2024-01-05", "close": 29.738218, "volume": 2141448, "typical_volume": 1457247.75, "trend": 30.766724, "fair_value": 68.989992, "relative_strength": -18.290569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.405057, "energy": 23.639069, "activity_lines": [ 29.34264, 29.202601, 29.69434, 30.145057 ] }, { "date": "2024-01-12", "close": 29.912739, "volume": 4083679, "typical_volume": 1507570.95, "trend": 30.652704, "fair_value": 68.221063, "relative_strength": -17.350852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.384486, "energy": 18.573253, "activity_lines": [ 29.593949, 29.321909, 29.65794, 30.089962 ] }, { "date": "2024-01-19", "close": 27.539267, "volume": 2173114, "typical_volume": 1549042.85, "trend": 30.463059, "fair_value": 67.458671, "relative_strength": -22.445246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.884407, "energy": 35.614426, "activity_lines": [ 28.96335, 29.024273, 29.405468, 29.889095 ] }, { "date": "2024-01-26", "close": 28.691099, "volume": 1785646, "typical_volume": 1544902.1, "trend": 30.35602, "fair_value": 66.700037, "relative_strength": -19.696168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.755278, "energy": 31.68018, "activity_lines": [ 28.802792, 28.962081, 29.281808, 29.774775 ] }, { "date": "2024-02-02", "close": 27.92321, "volume": 1160510, "typical_volume": 1408541.7, "trend": 30.216404, "fair_value": 65.912917, "relative_strength": -19.288252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.82427, "energy": 49.469598, "activity_lines": [ 28.437463, 28.762176, 29.099642, 29.617819 ] }, { "date": "2024-02-09", "close": 27.713787, "volume": 676964, "typical_volume": 1327041.45, "trend": 30.088423, "fair_value": 65.155269, "relative_strength": -20.844807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.166944, "energy": 67.328656, "activity_lines": [ 28.088423, 28.552117, 28.918473, 29.45636 ] }, { "date": "2024-02-16", "close": 27.190226, "volume": 1816681, "typical_volume": 1361181.75, "trend": 29.963932, "fair_value": 64.408765, "relative_strength": -23.161224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.967524, "energy": 69.62233, "activity_lines": [ 27.699825, 28.267174, 28.710545, 29.269379 ] }, { "date": "2024-02-23", "close": 26.771378, "volume": 978515, "typical_volume": 1385753.9, "trend": 29.827806, "fair_value": 63.733893, "relative_strength": -24.453657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.16902, "energy": 74.650768, "activity_lines": [ 27.353112, 27.930826, 28.482838, 29.063408 ] }, { "date": "2024-03-01", "close": 27.190226, "volume": 2561286, "typical_volume": 1481143.55, "trend": 29.713786, "fair_value": 62.951137, "relative_strength": -22.800432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.017132, "energy": 65.843273, "activity_lines": [ 27.197207, 27.708075, 28.316961, 28.893242 ] }, { "date": "2024-03-08", "close": 27.539267, "volume": 1842860, "typical_volume": 1555573.0, "trend": 29.588132, "fair_value": 62.163369, "relative_strength": -20.970763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.79909, "energy": 46.632752, "activity_lines": [ 27.257707, 27.590036, 28.197124, 28.75295 ] }, { "date": "2024-03-15", "close": 28.342058, "volume": 1220895, "typical_volume": 1573023.7, "trend": 29.490401, "fair_value": 61.384372, "relative_strength": -19.152195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.038912, "energy": 36.084195, "activity_lines": [ 27.611401, 27.648421, 28.166375, 28.672558 ] }, { "date": "2024-03-22", "close": 28.795811, "volume": 1847839, "typical_volume": 1614283.0, "trend": 29.383362, "fair_value": 60.568406, "relative_strength": -18.043715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.018166, "energy": 18.037485, "activity_lines": [ 28.074461, 27.814691, 28.187982, 28.627746 ] }, { "date": "2024-03-29", "close": 28.237347, "volume": 964412, "typical_volume": 1617123.4, "trend": 29.272832, "fair_value": 59.768799, "relative_strength": -17.461983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.142774, "energy": 19.202726, "activity_lines": [ 28.244328, 27.89973, 28.165544, 28.55381 ] }, { "date": "2024-04-05", "close": 28.097731, "volume": 675964, "typical_volume": 1614488.5, "trend": 29.150668, "fair_value": 58.99186, "relative_strength": -18.47019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.88615, "energy": 18.853505, "activity_lines": [ 28.269924, 27.946692, 28.133299, 28.477997 ] }, { "date": "2024-04-19", "close": 27.504362, "volume": 1043297, "typical_volume": 1623413.2, "trend": 28.99011, "fair_value": 58.174866, "relative_strength": -18.125424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.074971, "energy": 17.829991, "activity_lines": [ 28.03723, 27.896557, 28.047868, 28.371783 ] }, { "date": "2024-04-26", "close": 27.364746, "volume": 766538, "typical_volume": 1608033.3, "trend": 28.816753, "fair_value": 57.284474, "relative_strength": -16.128371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.125562, "energy": 28.296532, "activity_lines": [ 27.760325, 27.828652, 27.958447, 28.266921 ] }, { "date": "2024-05-03", "close": 28.86562, "volume": 2201815, "typical_volume": 1680009.5, "trend": 28.73182, "fair_value": 56.378325, "relative_strength": -11.520212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.607517, "energy": 8.214664, "activity_lines": [ 28.048865, 28.03998, 28.018947, 28.270074 ] }, { "date": "2024-05-10", "close": 29.075043, "volume": 2147566, "typical_volume": 1726864.1, "trend": 28.655031, "fair_value": 55.498896, "relative_strength": -9.446895, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.685281, "energy": 4.556519, "activity_lines": [ 28.402559, 28.258924, 28.097897, 28.292217 ] }, { "date": "2024-05-17", "close": 29.284468, "volume": 1034087, "typical_volume": 1608951.45, "trend": 28.635252, "fair_value": 54.646185, "relative_strength": -7.229956, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.070869, "energy": 23.207086, "activity_lines": [ 28.770215, 28.47406, 28.195628, 28.332826 ] }, { "date": "2024-05-24", "close": 28.16754, "volume": 382958, "typical_volume": 1575303.7, "trend": 28.567771, "fair_value": 53.822567, "relative_strength": -8.82939, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.97541, "energy": 16.849558, "activity_lines": [ 28.686446, 28.44804, 28.187816, 28.302651 ] }, { "date": "2024-05-31", "close": 26.52705, "volume": 505961, "typical_volume": 1493529.35, "trend": 28.44328, "fair_value": 52.993871, "relative_strength": -10.067563, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.123389, "energy": 18.552156, "activity_lines": [ 28.011635, 28.112327, 28.028754, 28.170992 ] }, { "date": "2024-06-07", "close": 26.457241, "volume": 420736, "typical_volume": 1310382.2, "trend": 28.301337, "fair_value": 52.150226, "relative_strength": -10.292945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.185289, "energy": 46.535754, "activity_lines": [ 27.3694, 27.796922, 27.878334, 28.04286 ] }, { "date": "2024-06-14", "close": 26.701571, "volume": 352387, "typical_volume": 1219345.85, "trend": 28.225712, "fair_value": 51.306335, "relative_strength": -8.494954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.168966, "energy": 55.314748, "activity_lines": [ 26.969168, 27.568459, 27.767639, 27.939649 ] }, { "date": "2024-06-28", "close": 27.853403, "volume": 358098, "typical_volume": 1147968.45, "trend": 28.194298, "fair_value": 50.410011, "relative_strength": -6.033258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.981107, "energy": 48.878587, "activity_lines": [ 27.111111, 27.577344, 27.77063, 27.915629 ] }, { "date": "2024-07-05", "close": 27.399651, "volume": 296022, "typical_volume": 1104744.05, "trend": 28.125654, "fair_value": 49.505341, "relative_strength": -6.621094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.543638, "energy": 47.967475, "activity_lines": [ 27.197207, 27.508171, 27.734397, 27.864362 ] }, { "date": "2024-07-12", "close": 27.190226, "volume": 232591, "typical_volume": 1082525.4, "trend": 28.070971, "fair_value": 48.56489, "relative_strength": -8.049784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.23276, "energy": 27.505735, "activity_lines": [ 27.264688, 27.402824, 27.680711, 27.804012 ] }, { "date": "2024-07-19", "close": 26.876089, "volume": 307024, "typical_volume": 1007042.55, "trend": 28.015124, "fair_value": 47.64055, "relative_strength": -11.682618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.120735, "energy": 26.311915, "activity_lines": [ 27.183245, 27.243534, 27.599601, 27.726922 ] }, { "date": "2024-07-26", "close": 26.52705, "volume": 394956, "typical_volume": 977864.6, "trend": 27.938336, "fair_value": 46.708535, "relative_strength": -11.320365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.936719, "energy": 33.89522, "activity_lines": [ 26.957533, 27.056956, 27.486744, 27.630918 ] }, { "date": "2024-08-02", "close": 26.771378, "volume": 226644, "typical_volume": 861132.5, "trend": 27.848749, "fair_value": 45.856029, "relative_strength": -10.366159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.073253, "energy": 39.084836, "activity_lines": [ 26.824897, 26.961129, 27.398321, 27.55563 ] }, { "date": "2024-08-09", "close": 26.771378, "volume": 0, "typical_volume": 768989.5, "trend": 27.767306, "fair_value": 45.005335, "relative_strength": -7.234232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.678426, "energy": 48.501328, "activity_lines": [ 26.764397, 26.910994, 27.311892, 27.486122 ] }, { "date": "2024-08-16", "close": 26.771378, "volume": 0, "typical_volume": 707944.75, "trend": 27.668411, "fair_value": 44.606665, "relative_strength": -8.849627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.435468, "energy": 48.453089, "activity_lines": [ 26.745782, 26.886244, 27.229119, 27.421869 ] }, { "date": "2024-08-23", "close": 26.771378, "volume": 0, "typical_volume": 615552.8, "trend": 27.563699, "fair_value": 44.209029, "relative_strength": -10.557703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.520205, "energy": 39.865118, "activity_lines": [ 26.755089, 26.857051, 27.153826, 27.363996 ] }, { "date": "2024-08-30", "close": 26.771378, "volume": 0, "typical_volume": 567332.2, "trend": 27.538103, "fair_value": 43.828989, "relative_strength": -9.822622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.371103, "energy": 39.153137, "activity_lines": [ 26.771378, 26.822147, 27.088174, 27.312878 ] }, { "date": "2024-09-06", "close": 26.771378, "volume": 0, "typical_volume": 533534.0, "trend": 27.474112, "fair_value": 43.452054, "relative_strength": -9.057526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.951622, "energy": 40.389778, "activity_lines": [ 26.771378, 26.785974, 27.029502, 27.263412 ] }, { "date": "2024-09-13", "close": 26.771378, "volume": 0, "typical_volume": 481369.15, "trend": 27.435718, "fair_value": 43.126868, "relative_strength": -6.72665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.746565, "energy": 43.30994, "activity_lines": [ 26.771378, 26.769474, 26.977146, 27.218074 ] }, { "date": "2024-09-20", "close": 26.771378, "volume": 0, "typical_volume": 443042.25, "trend": 27.404304, "fair_value": 42.805823, "relative_strength": -8.114569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.922663, "energy": 46.543303, "activity_lines": [ 26.771378, 26.764397, 26.92828, 27.175214 ] }, { "date": "2024-09-27", "close": 26.771378, "volume": 0, "typical_volume": 332951.5, "trend": 27.390343, "fair_value": 42.427852, "relative_strength": -9.768233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.075479, "energy": 56.426897, "activity_lines": [ 26.771378, 26.766936, 26.88224, 27.13438 ] }, { "date": "2024-10-04", "close": 26.771378, "volume": 0, "typical_volume": 225573.2, "trend": 27.390343, "fair_value": 42.056092, "relative_strength": -6.069398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.552387, "energy": 62.027907, "activity_lines": [ 26.771378, 26.771378, 26.846172, 27.094447 ] }, { "date": "2024-10-11", "close": 26.771378, "volume": 0, "typical_volume": 173868.85, "trend": 27.376381, "fair_value": 41.681227, "relative_strength": -5.894026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.750201, "energy": 66.977822, "activity_lines": [ 26.771378, 26.771378, 26.821075, 27.054513 ] }, { "date": "2024-10-18", "close": 26.771378, "volume": 0, "typical_volume": 154720.95, "trend": 27.350785, "fair_value": 41.335859, "relative_strength": -4.692972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.489973, "energy": 74.362151, "activity_lines": [ 26.771378, 26.771378, 26.807944, 27.015481 ] }, { "date": "2024-10-25", "close": 26.771378, "volume": 0, "typical_volume": 129422.9, "trend": 27.298429, "fair_value": 40.985834, "relative_strength": -4.07589, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.629785, "energy": 85.806019, "activity_lines": [ 26.771378, 26.771378, 26.801462, 26.9781 ] }, { "date": "2024-11-01", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 26.771378, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 29.424084, "volume": 5909320, "typical_volume": 295466.0, "trend": 26.913321, "fair_value": 38.278312, "relative_strength": 7.045944, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.158249, "energy": 97.374999, "activity_lines": [ 27.655613, 27.253688, 27.024017, 26.956107 ] }, { "date": "2025-01-10", "close": 28.202442, "volume": 7065341, "typical_volume": 648733.05, "trend": 26.971494, "fair_value": 38.029574, "relative_strength": 2.744258, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.01434, "energy": 88.53173, "activity_lines": [ 27.955788, 27.465651, 27.147677, 27.039276 ] }, { "date": "2025-01-17", "close": 28.272251, "volume": 1338306, "typical_volume": 715648.35, "trend": 27.02385, "fair_value": 37.809746, "relative_strength": 1.790421, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.363311, "energy": 87.611513, "activity_lines": [ 28.183827, 27.664286, 27.27117, 27.123195 ] }, { "date": "2025-01-24", "close": 29.31937, "volume": 4043551, "typical_volume": 917825.9, "trend": 27.072716, "fair_value": 37.606981, "relative_strength": 4.808236, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.512006, "energy": 94.882998, "activity_lines": [ 28.660848, 28.026019, 27.487243, 27.271294 ] }, { "date": "2025-01-31", "close": 30.471205, "volume": 3953210, "typical_volume": 1115486.4, "trend": 27.175101, "fair_value": 37.428159, "relative_strength": 8.247314, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.986282, "energy": 75.447488, "activity_lines": [ 29.351948, 28.550848, 27.80088, 27.490551 ] }, { "date": "2025-02-07", "close": 29.877834, "volume": 2016630, "typical_volume": 1216317.9, "trend": 27.264688, "fair_value": 37.232078, "relative_strength": 5.945584, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.244313, "energy": 74.728633, "activity_lines": [ 29.598603, 28.900523, 28.040388, 27.664921 ] }, { "date": "2025-02-14", "close": 28.935427, "volume": 1908896, "typical_volume": 1311762.7, "trend": 27.333333, "fair_value": 37.030992, "relative_strength": 3.012725, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.205482, "energy": 60.590335, "activity_lines": [ 29.500872, 29.02237, 28.17535, 27.77271 ] }, { "date": "2025-02-21", "close": 28.446772, "volume": 521411, "typical_volume": 1337833.25, "trend": 27.397323, "fair_value": 36.834018, "relative_strength": 1.225699, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.711025, "energy": 50.268003, "activity_lines": [ 29.19139, 29.016024, 28.253469, 27.844545 ] }, { "date": "2025-02-28", "close": 28.097731, "volume": 386541, "typical_volume": 1357160.3, "trend": 27.441535, "fair_value": 36.636876, "relative_strength": 2.141199, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.23005, "energy": 28.171645, "activity_lines": [ 28.753926, 28.915754, 28.290368, 27.889733 ] }, { "date": "2025-03-07", "close": 28.062826, "volume": 875317, "typical_volume": 1400926.15, "trend": 27.484583, "fair_value": 36.426573, "relative_strength": 4.385105, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.053672, "energy": 24.143399, "activity_lines": [ 28.386271, 28.785022, 28.317626, 27.929816 ] }, { "date": "2025-03-14", "close": 28.446772, "volume": 756700, "typical_volume": 1438761.15, "trend": 27.54043, "fair_value": 36.132827, "relative_strength": 6.336841, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.728352, "energy": 22.233995, "activity_lines": [ 28.307155, 28.700618, 28.375301, 27.991893 ] }, { "date": "2025-03-21", "close": 28.027924, "volume": 629538, "typical_volume": 1470238.05, "trend": 27.582315, "fair_value": 35.814662, "relative_strength": 4.293979, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.138007, "energy": 19.413259, "activity_lines": [ 28.183828, 28.557829, 28.385107, 28.023344 ] }, { "date": "2025-03-28", "close": 28.760906, "volume": 574620, "typical_volume": 1498969.05, "trend": 27.648632, "fair_value": 35.570244, "relative_strength": 4.520184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.414873, "energy": 16.712376, "activity_lines": [ 28.365328, 28.551483, 28.458738, 28.099382 ] }, { "date": "2025-04-04", "close": 28.656195, "volume": 69294, "typical_volume": 1502433.75, "trend": 27.71146, "fair_value": 35.316283, "relative_strength": 5.238905, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.639189, "energy": 16.673605, "activity_lines": [ 28.490983, 28.517214, 28.512922, 28.164386 ] }, { "date": "2025-04-11", "close": 26.736473, "volume": 815582, "typical_volume": 1543212.85, "trend": 27.710296, "fair_value": 35.073674, "relative_strength": 1.367797, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.211256, "energy": 10.486942, "activity_lines": [ 27.939499, 28.145962, 28.375301, 28.101484 ] }, { "date": "2025-04-18", "close": 28.830715, "volume": 748893, "typical_volume": 1580657.5, "trend": 27.778941, "fair_value": 34.842123, "relative_strength": 8.571961, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.766867, "energy": 11.51424, "activity_lines": [ 28.174519, 28.223385, 28.437297, 28.173769 ] }, { "date": "2025-04-25", "close": 28.272251, "volume": 618924, "typical_volume": 1611603.7, "trend": 27.82897, "fair_value": 34.62237, "relative_strength": 4.378084, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.99538, "energy": 10.253531, "activity_lines": [ 28.197789, 28.218308, 28.4363, 28.205595 ] }, { "date": "2025-05-02", "close": 28.097731, "volume": 590086, "typical_volume": 1641108.0, "trend": 27.873181, "fair_value": 34.408004, "relative_strength": 5.540016, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.093242, "energy": 11.223809, "activity_lines": [ 28.146596, 28.193558, 28.411534, 28.222935 ] }, { "date": "2025-05-09", "close": 27.958115, "volume": 390586, "typical_volume": 1660637.3, "trend": 27.912739, "fair_value": 34.203388, "relative_strength": 6.565289, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.16496, "energy": 8.002998, "activity_lines": [ 28.093077, 28.149769, 28.367157, 28.228414 ] }, { "date": "2025-05-16", "close": 27.329842, "volume": 370054, "typical_volume": 1679140.0, "trend": 27.931355, "fair_value": 34.003025, "relative_strength": 3.062658, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.823899, "energy": 19.541101, "activity_lines": [ 27.876672, 27.994288, 28.257292, 28.190808 ] }, { "date": "2025-05-23", "close": 27.434553, "volume": 369833, "typical_volume": 1402165.65, "trend": 27.953461, "fair_value": 33.796827, "relative_strength": 6.152017, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.583019, "energy": 29.894805, "activity_lines": [ 27.655613, 27.871172, 28.15474, 28.158756 ] }, { "date": "2025-05-30", "close": 26.317627, "volume": 383797, "typical_volume": 1068088.45, "trend": 27.938336, "fair_value": 33.592341, "relative_strength": 3.627785, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.811187, "energy": 48.966926, "activity_lines": [ 27.155322, 27.563382, 27.955289, 28.053219 ] }, { "date": "2025-06-06", "close": 26.317627, "volume": 378157, "typical_volume": 1020081.0, "trend": 27.923211, "fair_value": 33.384898, "relative_strength": 3.421206, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.064122, "energy": 55.51575, "activity_lines": [ 26.78534, 27.286688, 27.764813, 27.948657 ] }, { "date": "2025-06-13", "close": 26.35253, "volume": 139450, "typical_volume": 824875.95, "trend": 27.909249, "fair_value": 33.193647, "relative_strength": 4.996874, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.556719, "energy": 66.173881, "activity_lines": [ 26.545666, 27.060764, 27.586969, 27.847323 ] }, { "date": "2025-06-20", "close": 26.317627, "volume": 373501, "typical_volume": 645890.5, "trend": 27.894124, "fair_value": 32.999215, "relative_strength": 6.992412, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.204509, "energy": 60.771632, "activity_lines": [ 26.401396, 26.870379, 27.419928, 27.744637 ] }, { "date": "2025-06-27", "close": 27.643978, "volume": 432125, "typical_volume": 566665.25, "trend": 27.923211, "fair_value": 32.814468, "relative_strength": 7.628854, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.3858, "energy": 33.344176, "activity_lines": [ 26.766725, 26.928764, 27.398986, 27.728499 ] }, { "date": "2025-07-04", "close": 29.162304, "volume": 2828062, "typical_volume": 612623.55, "trend": 28.002908, "fair_value": 32.72669, "relative_strength": 11.536403, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.592967, "energy": 10.112936, "activity_lines": [ 27.6242, 27.284785, 27.533283, 27.80844 ] }, { "date": "2025-07-11", "close": 29.528795, "volume": 1463044, "typical_volume": 659705.2, "trend": 28.094822, "fair_value": 32.63505, "relative_strength": 12.322469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.936479, "energy": 19.898827, "activity_lines": [ 28.414194, 27.691258, 27.701404, 27.906885 ] }, { "date": "2025-07-18", "close": 28.970331, "volume": 576611, "typical_volume": 669208.7, "trend": 28.168121, "fair_value": 32.525045, "relative_strength": 12.504397, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.975099, "energy": 29.285274, "activity_lines": [ 28.803955, 27.970173, 27.811185, 27.963369 ] }, { "date": "2025-07-25", "close": 28.272251, "volume": 755465, "typical_volume": 663216.1, "trend": 28.21815, "fair_value": 32.423281, "relative_strength": 10.065889, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.471261, "energy": 27.533781, "activity_lines": [ 28.786503, 28.10376, 27.850328, 27.970087 ] }, { "date": "2025-08-01", "close": 27.92321, "volume": 428277, "typical_volume": 646794.95, "trend": 28.168121, "fair_value": 32.336135, "relative_strength": 8.663296, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.918103, "energy": 24.778314, "activity_lines": [ 28.522396, 28.15675, 27.855231, 27.951059 ] }, { "date": "2025-08-08", "close": 27.818499, "volume": 548981, "typical_volume": 642767.1, "trend": 28.155322, "fair_value": 32.229096, "relative_strength": 7.935525, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.630022, "energy": 6.507104, "activity_lines": [ 28.20477, 28.181818, 27.852655, 27.928503 ] }, { "date": "2025-08-15", "close": 27.870855, "volume": 489413, "typical_volume": 638506.75, "trend": 28.141943, "fair_value": 32.127421, "relative_strength": 8.814894, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.68225, "energy": 7.014128, "activity_lines": [ 27.994182, 28.189116, 27.856062, 27.91015 ] }, { "date": "2025-08-22", "close": 26.684118, "volume": 429612, "typical_volume": 656522.65, "trend": 28.054101, "fair_value": 31.991523, "relative_strength": 3.643551, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.791034, "energy": 25.175989, "activity_lines": [ 27.498545, 27.952403, 27.750685, 27.816097 ] }, { "date": "2025-08-29", "close": 26.596857, "volume": 300160, "typical_volume": 630751.55, "trend": 27.924956, "fair_value": 31.832001, "relative_strength": 4.367412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.778723, "energy": 29.874076, "activity_lines": [ 27.126235, 27.693796, 27.646389, 27.722081 ] }, { "date": "2025-09-05", "close": 26.335077, "volume": 176609, "typical_volume": 602137.35, "trend": 27.806864, "fair_value": 31.670801, "relative_strength": 3.866255, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.782956, "energy": 48.311363, "activity_lines": [ 26.778358, 27.382515, 27.517825, 27.619508 ] }, { "date": "2025-09-12", "close": 26.09075, "volume": 405522, "typical_volume": 591467.25, "trend": 27.712041, "fair_value": 31.5311, "relative_strength": 4.697415, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.486354, "energy": 53.335223, "activity_lines": [ 26.454915, 27.05061, 27.377877, 27.508791 ] }, { "date": "2025-09-19", "close": 27.137871, "volume": 1590465, "typical_volume": 641486.2, "trend": 27.668411, "fair_value": 31.388649, "relative_strength": 5.333905, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.743166, "energy": 43.319579, "activity_lines": [ 26.595695, 26.964937, 27.348042, 27.471748 ] }, { "date": "2025-09-26", "close": 27.434553, "volume": 352389, "typical_volume": 639576.35, "trend": 27.646305, "fair_value": 31.261111, "relative_strength": 1.304789, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.623687, "energy": 27.301032, "activity_lines": [ 26.884234, 26.976677, 27.351034, 27.45666 ] }, { "date": "2025-10-03", "close": 28.760906, "volume": 1450971, "typical_volume": 693622.2, "trend": 27.669575, "fair_value": 31.104815, "relative_strength": 4.249088, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.978008, "energy": 8.87556, "activity_lines": [ 27.564862, 27.257495, 27.482838, 27.52857 ] }, { "date": "2025-10-10", "close": 27.888308, "volume": 615710, "typical_volume": 705916.05, "trend": 27.650959, "fair_value": 30.988761, "relative_strength": 0.180844, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.045073, "energy": 12.075819, "activity_lines": [ 27.810354, 27.370775, 27.524723, 27.542682 ] }, { "date": "2025-10-17", "close": 28.987783, "volume": 2030103, "typical_volume": 788231.35, "trend": 27.682955, "fair_value": 30.881234, "relative_strength": 2.932532, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.109663, "energy": 25.915472, "activity_lines": [ 28.318789, 27.684594, 27.669159, 27.628928 ] }, { "date": "2025-10-24", "close": 26.928446, "volume": 5084147, "typical_volume": 1023530.85, "trend": 27.621873, "fair_value": 30.742763, "relative_strength": -3.732139, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.098994, "energy": 9.722322, "activity_lines": [ 27.947643, 27.602728, 27.604753, 27.58025 ] }, { "date": "2025-10-31", "close": 26.247818, "volume": 1080808, "typical_volume": 1070598.75, "trend": 27.541593, "fair_value": 30.599929, "relative_strength": -6.539631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.066921, "energy": 18.139379, "activity_lines": [ 27.363583, 27.414247, 27.472616, 27.491602 ] }, { "date": "2025-11-07", "close": 24.799301, "volume": 757516, "typical_volume": 1089799.5, "trend": 27.477021, "fair_value": 30.44781, "relative_strength": -8.926296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.751494, "energy": 43.433327, "activity_lines": [ 26.375799, 26.970331, 27.203024, 27.31468 ] }, { "date": "2025-11-14", "close": 27.452005, "volume": 1116956, "typical_volume": 1124041.05, "trend": 27.431064, "fair_value": 30.312695, "relative_strength": 1.789468, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.53453, "energy": 29.408861, "activity_lines": [ 26.536357, 27.041408, 27.193301, 27.313066 ] }, { "date": "2025-11-21", "close": 23.200001, "volume": 2817732, "typical_volume": 1123524.55, "trend": 27.261989, "fair_value": 30.150323, "relative_strength": -12.564317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.652441, "energy": 62.5633, "activity_lines": [ 25.308667, 26.319086, 26.779539, 27.040094 ] }, { "date": "2025-11-28", "close": 21.799999, "volume": 991075, "typical_volume": 1099926.1, "trend": 27.052065, "fair_value": 29.978978, "relative_strength": -14.813312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.63746, "energy": 74.565752, "activity_lines": [ 24.000162, 25.394776, 26.260835, 26.687708 ] }, { "date": "2025-12-05", "close": 18.469999, "volume": 1419792, "typical_volume": 1142085.15, "trend": 26.735794, "fair_value": 29.786286, "relative_strength": -27.433958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.846921, "energy": 84.433704, "activity_lines": [ 21.923554, 23.962065, 25.461793, 26.134026 ] }, { "date": "2025-12-12", "close": 17.59, "volume": 836223, "typical_volume": 1146123.05, "trend": 26.411133, "fair_value": 29.587953, "relative_strength": -31.15498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.874242, "energy": 92.741679, "activity_lines": [ 20.072133, 22.532346, 24.628942, 25.543975 ] }, { "date": "2025-12-19", "close": 16.299999, "volume": 2325985, "typical_volume": 1241008.45, "trend": 26.039981, "fair_value": 29.381351, "relative_strength": -34.214955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.323442, "energy": 93.37534, "activity_lines": [ 18.271333, 21.071188, 23.724102, 24.891643 ] }, { "date": "2025-12-26", "close": 16.07, "volume": 740820, "typical_volume": 1250600.4, "trend": 25.698393, "fair_value": 29.173275, "relative_strength": -35.22649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.353413, "energy": 92.12491, "activity_lines": [ 17.137333, 19.778909, 22.852706, 24.248419 ] }, { "date": "2026-01-02", "close": 16.280001, "volume": 707208, "typical_volume": 1261490.15, "trend": 25.363806, "fair_value": 29.047865, "relative_strength": -34.0452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.12538, "energy": 89.269454, "activity_lines": [ 16.548667, 18.759681, 22.057256, 23.640781 ] }, { "date": "2026-01-09", "close": 16.0, "volume": 806905, "typical_volume": 1280354.8, "trend": 25.018721, "fair_value": 28.945797, "relative_strength": -34.276089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.65364, "energy": 86.914293, "activity_lines": [ 16.234667, 17.883151, 21.290333, 23.036664 ] }, { "date": "2026-01-16", "close": 15.95, "volume": 1253115, "typical_volume": 1328002.55, "trend": 24.673134, "fair_value": 28.853462, "relative_strength": -36.131559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.181907, "energy": 77.032249, "activity_lines": [ 16.068667, 17.183855, 20.569525, 22.451585 ] }, { "date": "2026-01-23", "close": 16.9, "volume": 1593367, "typical_volume": 1398840.45, "trend": 24.315001, "fair_value": 28.761894, "relative_strength": -33.771796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.937819, "energy": 65.059335, "activity_lines": [ 16.328667, 16.818182, 19.989893, 21.950093 ] }, { "date": "2026-01-30", "close": 16.049999, "volume": 964086, "typical_volume": 1426768.65, "trend": 23.877924, "fair_value": 28.642107, "relative_strength": -37.932224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.53561, "energy": 63.886252, "activity_lines": [ 16.265333, 16.489818, 19.374237, 21.416867 ] }, { "date": "2026-02-06", "close": 15.42, "volume": 663240, "typical_volume": 1380407.4, "trend": 23.407631, "fair_value": 28.467419, "relative_strength": -38.807216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.465869, "energy": 64.504787, "activity_lines": [ 15.993333, 16.176909, 18.746394, 20.871194 ] }, { "date": "2026-02-13", "close": 15.05, "volume": 819553, "typical_volume": 1403765.6, "trend": 22.94362, "fair_value": 28.278531, "relative_strength": -40.099505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.056727, "energy": 65.648118, "activity_lines": [ 15.655333, 15.912727, 18.139112, 20.331992 ] }, { "date": "2026-02-20", "close": 15.15, "volume": 1324245, "typical_volume": 1397429.3, "trend": 22.506212, "fair_value": 28.096494, "relative_strength": -37.533114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.924147, "energy": 83.051577, "activity_lines": [ 15.414, 15.728909, 17.600329, 19.829178 ] }, { "date": "2026-02-27", "close": 15.16, "volume": 384494, "typical_volume": 1385868.5, "trend": 22.080772, "fair_value": 27.927533, "relative_strength": -35.595957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.8683, "energy": 85.871761, "activity_lines": [ 15.229333, 15.591273, 17.127311, 19.355229 ] }, { "date": "2026-03-06", "close": 14.74, "volume": 631765, "typical_volume": 1315951.6, "trend": 21.644822, "fair_value": 27.774805, "relative_strength": -37.217428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.649791, "energy": 89.711572, "activity_lines": [ 15.020667, 15.398, 16.674905, 18.881631 ] }, { "date": "2026-03-13", "close": 14.4, "volume": 621991, "typical_volume": 1092843.8, "trend": 21.195793, "fair_value": 27.671647, "relative_strength": -38.726946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.052438, "energy": 89.828985, "activity_lines": [ 14.786, 15.167091, 16.257964, 18.414223 ] }, { "date": "2026-03-20", "close": 14.3, "volume": 83939, "typical_volume": 1043000.35, "trend": 20.782989, "fair_value": 27.557498, "relative_strength": -38.860127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.385674, "energy": 89.590832, "activity_lines": [ 14.586, 14.952182, 15.891159, 17.969333 ] }, { "date": "2026-03-27", "close": 14.12, "volume": 259319, "typical_volume": 1018090.5, "trend": 20.367094, "fair_value": 27.441603, "relative_strength": -39.807996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.860129, "energy": 87.291185, "activity_lines": [ 14.376, 14.735455, 15.564105, 17.539463 ] }, { "date": "2026-04-03", "close": 14.36, "volume": 284130, "typical_volume": 976449.2, "trend": 19.967925, "fair_value": 27.334345, "relative_strength": -39.122716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.991338, "energy": 67.532394, "activity_lines": [ 14.314667, 14.595636, 15.310762, 17.151908 ] }, { "date": "2026-04-10", "close": 14.24, "volume": 1318649, "typical_volume": 901495.05, "trend": 19.5729, "fair_value": 27.223655, "relative_strength": -39.434679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.206486, "energy": 66.576031, "activity_lines": [ 14.266667, 14.480182, 15.108333, 16.782365 ] }, { "date": "2026-04-17", "close": 15.16, "volume": 1174100, "typical_volume": 910646.3, "trend": 19.173637, "fair_value": 27.135128, "relative_strength": -35.996445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.052685, "energy": 61.777568, "activity_lines": [ 14.558667, 14.564909, 15.03619, 16.497662 ] }, { "date": "2026-04-24", "close": 14.65, "volume": 416324, "typical_volume": 860472.9, "trend": 18.747485, "fair_value": 26.982472, "relative_strength": -35.013388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.787407, "energy": 53.581956, "activity_lines": [ 14.63, 14.561636, 14.947095, 16.205814 ] }, { "date": "2026-05-01", "close": 14.37, "volume": 335419, "typical_volume": 835432.7, "trend": 18.267789, "fair_value": 26.828022, "relative_strength": -36.003039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.848248, "energy": 52.082514, "activity_lines": [ 14.584667, 14.514727, 14.849524, 15.923396 ] }, { "date": "2026-05-08", "close": 14.35, "volume": 358753, "typical_volume": 737071.1, "trend": 17.816512, "fair_value": 26.673444, "relative_strength": -34.458305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.447491, "energy": 48.143216, "activity_lines": [ 14.516, 14.478364, 14.765381, 15.670635 ] }, { "date": "2026-05-15", "close": 14.23, "volume": 329482, "typical_volume": 716504.2, "trend": 17.324586, "fair_value": 26.490799, "relative_strength": -34.101248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.033207, "energy": 54.749468, "activity_lines": [ 14.408, 14.434909, 14.679095, 15.439247 ] }, { "date": "2026-05-22", "close": 15.08, "volume": 553180, "typical_volume": 708802.8, "trend": 16.929637, "fair_value": 26.320092, "relative_strength": -29.620801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.943995, "energy": 37.586561, "activity_lines": [ 14.584, 14.555273, 14.682524, 15.294435 ] }, { "date": "2026-05-29", "close": 15.08, "volume": 0, "typical_volume": 668457.55, "trend": 16.557377, "fair_value": 26.198609, "relative_strength": -28.898001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.636136, "energy": 26.960938, "activity_lines": [ 14.765333, 14.663273, 14.691667, 15.175104 ] }, { "date": "2026-06-05", "close": 15.9, "volume": 940342, "typical_volume": 652818.9, "trend": 16.260733, "fair_value": 26.089989, "relative_strength": -24.061306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.27473, "energy": 13.423377, "activity_lines": [ 15.191333, 14.906182, 14.783286, 15.132692 ] }, { "date": "2026-06-12", "close": 16.110001, "volume": 557883, "typical_volume": 601044.7, "trend": 15.882667, "fair_value": 25.980926, "relative_strength": -22.658936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.067886, "energy": 29.786734, "activity_lines": [ 15.585334, 15.154909, 14.895143, 15.122968 ] }, { "date": "2026-06-19", "close": 16.5, "volume": 985583, "typical_volume": 602119.55, "trend": 15.659333, "fair_value": 25.87302, "relative_strength": -20.542829, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.292545, "energy": 53.225498, "activity_lines": [ 15.992, 15.442727, 15.047905, 15.162796 ] }, { "date": "2026-06-26", "close": 16.77, "volume": 1429664, "typical_volume": 640440.75, "trend": 15.491667, "fair_value": 25.766845, "relative_strength": -17.031213, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.618882, "energy": 66.345853, "activity_lines": [ 16.337334, 15.738546, 15.224238, 15.234452 ] }, { "date": "2026-07-03", "close": 18.0, "volume": 2732911, "typical_volume": 736108.65, "trend": 15.476, "fair_value": 25.669225, "relative_strength": -9.192521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.508282, "energy": 79.494685, "activity_lines": [ 16.98, 16.228727, 15.511286, 15.39628 ] }, { "date": "2026-07-10", "close": 17.280001, "volume": 2521414, "typical_volume": 795967.1, "trend": 15.465667, "fair_value": 25.575493, "relative_strength": -11.72968, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.135187, "energy": 81.482864, "activity_lines": [ 17.188, 16.527091, 15.715714, 15.512667 ] }, { "date": "2026-07-17", "close": 17.389999, "volume": 703529, "typical_volume": 811918.85, "trend": 15.502, "fair_value": 25.481123, "relative_strength": -9.466634, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.059421, "energy": 79.38642, "activity_lines": [ 17.340667, 16.792546, 15.920476, 15.636817 ] }, { "date": "2026-07-24", "close": 17.42, "volume": 935976, "typical_volume": 827129.4, "trend": 15.547, "fair_value": 25.390525, "relative_strength": -8.975888, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.157544, "energy": 70.473333, "activity_lines": [ 17.418, 17.008182, 16.117476, 15.760559 ] }, { "date": "2026-07-31", "close": 17.129999, "volume": 564915, "typical_volume": 824275.6, "trend": 15.575333, "fair_value": 25.302096, "relative_strength": -7.758016, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.102965, "energy": 51.378028, "activity_lines": [ 17.337333, 17.113091, 16.274095, 15.862688 ] }, { "date": "2026-08-07", "close": 17.18, "volume": 844995, "typical_volume": 862328.4, "trend": 15.614667, "fair_value": 25.214435, "relative_strength": -8.678072, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.728339, "energy": 45.226973, "activity_lines": [ 17.249333, 17.189818, 16.422476, 15.966215 ] } ], "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." } } }