{ "ticker": { "uuid": "7289d33c-68dc-4345-bab4-3f31a09f24b0", "symbol": "SECURE", "name": "nForce Secure Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 84.683, "architecture_energy": 84.313, "architecture_maturity": 35.596, "architecture_confidence": 77.457, "architecture_tenure": "Developing", "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": 4.37, "rotation_up": 81.84, "upward_expansion": 93.78, "deceleration": 42.56, "rotation_down": 9.07, "downward_expansion": 18.12 }, "activity_lines": [ 14.3, 13.749091, 13.059524, 12.725265 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 15.1, "trend_reference": 12.377531, "distance_from_trend": 0.219953, "trend_direction": "Improving", "fair_value": 11.56625, "distance_from_fair_value": 0.305523, "fair_value_direction": "Improving", "relative_strength": 8.5786, "relative_strength_direction": "Improving", "price_momentum": 0.315161, "excess_performance": 0.122836, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.219953, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05587, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.305523, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.286392, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.085786, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.187372, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.315161, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.401684, "read": "Demand-led" } ], "volume": { "latest": 2197500, "relative_activity": 3.760975, "balance": 3.401684, "dry_up": 2.543001, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.060621, "annualized_volatility": 0.292003, "from_high_reference": -0.084848, "from_low_reference": 0.456071 }, "levels": { "trend_reference": 12.377531, "fair_value_reference": 11.56625, "structural_low": 11.018518, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.02381, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.00674, "regime_survival": 0.7, "best_return": 0.343284, "worst_return": -0.169811, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.04, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.047092, "regime_survival": 0.0, "best_return": 0.134328, "worst_return": -0.188679, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.006492, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.075093, "regime_survival": 0.0, "best_return": 0.04, "worst_return": -0.06311, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.080936, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.034371, "regime_survival": 0.0, "best_return": -0.080936, "worst_return": -0.080936, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2024-01-26", "tenure": "Developing", "return": 0.03876, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-02", "end": "2024-03-01", "tenure": "Developing", "return": 0.1, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-08", "end": "2024-04-12", "tenure": "Developing", "return": 0.027146, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-06-21", "tenure": "Developing", "return": 0.126866, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-09", "tenure": "Developing", "return": -0.125, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.255944, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-03-21", "tenure": "Extended", "return": -0.068754, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-05-23", "tenure": "Developing", "return": -0.095652, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": 0.057692, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.046296, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": 0.051724, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-14", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-06-05", "tenure": "Extended", "return": 0.176585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.198413, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.27459, "volume": 848300, "typical_volume": 732035.0, "trend": 12.484036, "fair_value": 17.212002, "relative_strength": -0.968553, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.451084, "energy": 16.817034, "activity_lines": [ 12.291178, 12.025781, 12.012748, 12.182532 ] }, { "date": "2023-08-25", "close": 13.850383, "volume": 3596700, "typical_volume": 872320.0, "trend": 12.503816, "fair_value": 17.182253, "relative_strength": 9.12668, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.59987, "energy": 43.94617, "activity_lines": [ 12.805384, 12.386178, 12.181781, 12.270684 ] }, { "date": "2023-09-01", "close": 14.430937, "volume": 5777000, "typical_volume": 1150380.0, "trend": 12.526682, "fair_value": 17.158119, "relative_strength": 13.587619, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.30203, "energy": 63.925332, "activity_lines": [ 13.396997, 12.818955, 12.401365, 12.395014 ] }, { "date": "2023-09-08", "close": 14.430937, "volume": 3489100, "typical_volume": 1285110.0, "trend": 12.552258, "fair_value": 17.134404, "relative_strength": 14.670291, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.053471, "energy": 67.766916, "activity_lines": [ 13.86697, 13.198954, 12.613445, 12.517869 ] }, { "date": "2023-09-15", "close": 14.016255, "volume": 1195900, "typical_volume": 1301240.0, "trend": 12.582989, "fair_value": 17.107523, "relative_strength": 11.796363, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.37616, "energy": 75.066424, "activity_lines": [ 14.071546, 13.444748, 12.775763, 12.612321 ] }, { "date": "2023-09-22", "close": 13.186892, "volume": 905500, "typical_volume": 1312150.0, "trend": 12.539987, "fair_value": 17.074014, "relative_strength": 6.665502, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.721007, "energy": 62.414467, "activity_lines": [ 13.86697, 13.489986, 12.848037, 12.651282 ] }, { "date": "2023-09-29", "close": 12.025781, "volume": 1114100, "typical_volume": 1298150.0, "trend": 12.520635, "fair_value": 17.031232, "relative_strength": 1.013992, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.314272, "energy": 20.658736, "activity_lines": [ 13.214537, 13.286415, 12.79946, 12.618108 ] }, { "date": "2023-10-06", "close": 11.611099, "volume": 723900, "typical_volume": 1311670.0, "trend": 12.498519, "fair_value": 16.985685, "relative_strength": -0.071418, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.237413, "energy": 14.718891, "activity_lines": [ 12.545516, 13.008955, 12.713759, 12.559428 ] }, { "date": "2023-10-13", "close": 11.776972, "volume": 409500, "typical_volume": 1307445.0, "trend": 12.448757, "fair_value": 16.942279, "relative_strength": 0.574341, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -10.02857, "energy": 24.004449, "activity_lines": [ 12.119776, 12.779749, 12.647014, 12.512877 ] }, { "date": "2023-10-20", "close": 10.947608, "volume": 657200, "typical_volume": 1295880.0, "trend": 12.368585, "fair_value": 16.892736, "relative_strength": -2.933284, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.130366, "energy": 38.401867, "activity_lines": [ 11.594512, 12.413321, 12.504443, 12.416028 ] }, { "date": "2023-10-27", "close": 10.118243, "volume": 846600, "typical_volume": 1316065.0, "trend": 12.263532, "fair_value": 16.837207, "relative_strength": -9.28245, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.736536, "energy": 61.366544, "activity_lines": [ 10.997369, 11.915702, 12.289203, 12.270845 ] }, { "date": "2023-11-03", "close": 10.781734, "volume": 447500, "typical_volume": 1301715.0, "trend": 12.194419, "fair_value": 16.787976, "relative_strength": -5.274759, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.123733, "energy": 70.623505, "activity_lines": [ 10.825967, 11.577924, 12.149001, 12.175245 ] }, { "date": "2023-11-10", "close": 10.698798, "volume": 427500, "typical_volume": 1306835.0, "trend": 12.12254, "fair_value": 16.73887, "relative_strength": -3.76625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.958394, "energy": 69.583447, "activity_lines": [ 10.709856, 11.280861, 12.006824, 12.078753 ] }, { "date": "2023-11-17", "close": 10.947608, "volume": 452500, "typical_volume": 1290370.0, "trend": 12.078308, "fair_value": 16.69254, "relative_strength": -3.196468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.168416, "energy": 59.025033, "activity_lines": [ 10.737502, 11.096893, 11.892293, 12.002951 ] }, { "date": "2023-11-24", "close": 10.532926, "volume": 124500, "typical_volume": 1280450.0, "trend": 12.039604, "fair_value": 16.643654, "relative_strength": -5.437054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.480017, "energy": 47.68542, "activity_lines": [ 10.682211, 10.900862, 11.739453, 11.903249 ] }, { "date": "2023-12-01", "close": 10.532926, "volume": 217300, "typical_volume": 1265610.0, "trend": 12.023017, "fair_value": 16.595538, "relative_strength": -4.13843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.34751, "energy": 44.575779, "activity_lines": [ 10.654566, 10.768163, 11.590167, 11.806044 ] }, { "date": "2023-12-08", "close": 10.532926, "volume": 114500, "typical_volume": 1193530.0, "trend": 11.956668, "fair_value": 16.548174, "relative_strength": -4.07199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.499339, "energy": 47.02329, "activity_lines": [ 10.599275, 10.683719, 11.443647, 11.709909 ] }, { "date": "2023-12-15", "close": 10.532926, "volume": 203300, "typical_volume": 1119320.0, "trend": 11.898612, "fair_value": 16.501544, "relative_strength": -4.79597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.274499, "energy": 48.637679, "activity_lines": [ 10.560571, 10.626418, 11.304629, 11.618055 ] }, { "date": "2023-12-22", "close": 10.698798, "volume": 270300, "typical_volume": 1112765.0, "trend": 11.840556, "fair_value": 16.456907, "relative_strength": -4.385675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.07516, "energy": 41.307701, "activity_lines": [ 10.588217, 10.618878, 11.191283, 11.540648 ] }, { "date": "2023-12-29", "close": 10.864672, "volume": 151100, "typical_volume": 1098615.0, "trend": 11.793559, "fair_value": 16.414218, "relative_strength": -3.793345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.733654, "energy": 35.866621, "activity_lines": [ 10.687741, 10.6611, 11.102422, 11.477687 ] }, { "date": "2024-01-05", "close": 11.030544, "volume": 195000, "typical_volume": 1065950.0, "trend": 11.741033, "fair_value": 16.373433, "relative_strength": -3.243351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.674752, "energy": 28.044478, "activity_lines": [ 10.820439, 10.734989, 11.034888, 11.428461 ] }, { "date": "2024-01-12", "close": 11.362289, "volume": 500400, "typical_volume": 911135.0, "trend": 11.718916, "fair_value": 16.335755, "relative_strength": 0.552736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.958327, "energy": 21.006202, "activity_lines": [ 11.030544, 10.852608, 11.004873, 11.404026 ] }, { "date": "2024-01-19", "close": 11.11348, "volume": 161600, "typical_volume": 630365.0, "trend": 11.705094, "fair_value": 16.296783, "relative_strength": 0.478173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.194237, "energy": 20.781415, "activity_lines": [ 11.102422, 10.914433, 10.96301, 11.364965 ] }, { "date": "2024-01-26", "close": 11.11348, "volume": 226800, "typical_volume": 467250.0, "trend": 11.702329, "fair_value": 16.258388, "relative_strength": 1.474722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.763001, "energy": 17.39854, "activity_lines": [ 11.135596, 10.968719, 10.936944, 11.326797 ] }, { "date": "2024-02-02", "close": 10.781734, "volume": 210600, "typical_volume": 417985.0, "trend": 11.685742, "fair_value": 16.218119, "relative_strength": -2.605255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.189328, "energy": 16.966816, "activity_lines": [ 11.030543, 10.959671, 10.895081, 11.267403 ] }, { "date": "2024-02-09", "close": 11.445227, "volume": 818500, "typical_volume": 413635.0, "trend": 11.6968, "fair_value": 16.18328, "relative_strength": 3.06011, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.890003, "energy": 9.402388, "activity_lines": [ 11.152184, 11.066734, 10.93181, 11.251886 ] }, { "date": "2024-02-16", "close": 11.279354, "volume": 296900, "typical_volume": 372775.0, "trend": 11.669155, "fair_value": 16.147744, "relative_strength": 1.669365, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.198449, "energy": 10.187931, "activity_lines": [ 11.190888, 11.127052, 10.961035, 11.224954 ] }, { "date": "2024-02-23", "close": 11.859908, "volume": 485600, "typical_volume": 360860.0, "trend": 11.644274, "fair_value": 16.116897, "relative_strength": 6.090885, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.3735, "energy": 19.101676, "activity_lines": [ 11.428639, 11.279353, 11.049106, 11.237261 ] }, { "date": "2024-03-01", "close": 11.859908, "volume": 1263600, "typical_volume": 403565.0, "trend": 11.622157, "fair_value": 16.08649, "relative_strength": 8.258697, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.115192, "energy": 34.370035, "activity_lines": [ 11.616628, 11.407528, 11.135992, 11.251173 ] }, { "date": "2024-03-08", "close": 11.694036, "volume": 541200, "typical_volume": 397765.0, "trend": 11.611099, "fair_value": 16.055337, "relative_strength": 5.089663, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.531749, "energy": 41.615594, "activity_lines": [ 11.699565, 11.484433, 11.206685, 11.25581 ] }, { "date": "2024-03-15", "close": 11.5825, "volume": 660000, "typical_volume": 388435.0, "trend": 11.588029, "fair_value": 16.023839, "relative_strength": 4.14826, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.657097, "energy": 43.620634, "activity_lines": [ 11.684503, 11.525979, 11.263202, 11.253965 ] }, { "date": "2024-03-22", "close": 12.354667, "volume": 1071400, "typical_volume": 419630.0, "trend": 11.538172, "fair_value": 15.99818, "relative_strength": 11.344849, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.710487, "energy": 55.034702, "activity_lines": [ 11.917678, 11.697883, 11.386285, 11.303426 ] }, { "date": "2024-03-29", "close": 12.011482, "volume": 706600, "typical_volume": 433585.0, "trend": 11.457524, "fair_value": 15.970495, "relative_strength": 8.37341, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.793951, "energy": 39.22416, "activity_lines": [ 11.964771, 11.789347, 11.469195, 11.333962 ] }, { "date": "2024-04-05", "close": 11.83989, "volume": 539500, "typical_volume": 437935.0, "trend": 11.371155, "fair_value": 15.942008, "relative_strength": 6.891982, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.336315, "energy": 30.581589, "activity_lines": [ 11.944561, 11.833286, 11.529511, 11.35863 ] }, { "date": "2024-04-12", "close": 12.011482, "volume": 224800, "typical_volume": 442950.0, "trend": 11.30433, "fair_value": 15.915086, "relative_strength": 6.690674, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.874398, "energy": 45.679465, "activity_lines": [ 11.982883, 11.895215, 11.60192, 11.399942 ] }, { "date": "2024-04-19", "close": 11.496704, "volume": 281600, "typical_volume": 446165.0, "trend": 11.24799, "fair_value": 15.885029, "relative_strength": 6.855319, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.089037, "energy": 24.796725, "activity_lines": [ 11.82845, 11.841189, 11.618262, 11.412353 ] }, { "date": "2024-04-26", "close": 11.925685, "volume": 2750900, "typical_volume": 577985.0, "trend": 11.244654, "fair_value": 15.858277, "relative_strength": 8.282519, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.829066, "energy": 22.015791, "activity_lines": [ 11.82273, 11.864224, 11.670871, 11.456075 ] }, { "date": "2024-05-03", "close": 12.440463, "volume": 810100, "typical_volume": 608325.0, "trend": 11.272299, "fair_value": 15.835339, "relative_strength": 11.633418, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.666166, "energy": 33.608197, "activity_lines": [ 12.017201, 11.969104, 11.765873, 11.533224 ] }, { "date": "2024-05-10", "close": 12.440463, "volume": 1561600, "typical_volume": 672890.0, "trend": 11.294415, "fair_value": 15.812706, "relative_strength": 11.197032, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.497644, "energy": 35.114574, "activity_lines": [ 12.183074, 12.063427, 11.851792, 11.60859 ] }, { "date": "2024-05-17", "close": 15.443333, "volume": 6335100, "typical_volume": 982090.0, "trend": 11.444273, "fair_value": 15.81026, "relative_strength": 35.978179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.151609, "energy": 83.290099, "activity_lines": [ 13.309865, 12.693172, 12.215405, 11.876262 ] }, { "date": "2024-05-24", "close": 15.27174, "volume": 8835300, "typical_volume": 1414105.0, "trend": 11.616056, "fair_value": 15.806717, "relative_strength": 35.289817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.256711, "energy": 89.802111, "activity_lines": [ 14.150669, 13.223549, 12.540872, 12.123195 ] }, { "date": "2024-05-31", "close": 15.014351, "volume": 2978600, "typical_volume": 1538015.0, "trend": 11.757143, "fair_value": 15.801538, "relative_strength": 33.892183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.611546, "energy": 89.281225, "activity_lines": [ 14.654007, 13.640051, 12.82163, 12.34244 ] }, { "date": "2024-06-07", "close": 13.641611, "volume": 4989300, "typical_volume": 1779400.0, "trend": 11.855237, "fair_value": 15.787513, "relative_strength": 22.229311, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.271465, "energy": 80.133974, "activity_lines": [ 14.493854, 13.758606, 12.95426, 12.464019 ] }, { "date": "2024-06-14", "close": 13.298426, "volume": 2953500, "typical_volume": 1915735.0, "trend": 11.933598, "fair_value": 15.771454, "relative_strength": 20.857384, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.313401, "energy": 49.913228, "activity_lines": [ 14.139229, 13.785125, 13.042167, 12.557128 ] }, { "date": "2024-06-21", "close": 12.955241, "volume": 8254800, "typical_volume": 2317945.0, "trend": 12.014342, "fair_value": 15.753401, "relative_strength": 17.147602, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.004744, "energy": 28.093083, "activity_lines": [ 13.613012, 13.722727, 13.086986, 12.62304 ] }, { "date": "2024-06-28", "close": 13.041038, "volume": 1022500, "typical_volume": 2328145.0, "trend": 12.097945, "fair_value": 15.695977, "relative_strength": 17.728668, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.816473, "energy": 22.805749, "activity_lines": [ 13.281267, 13.65877, 13.129625, 12.689279 ] }, { "date": "2024-07-05", "close": 13.041038, "volume": 1467000, "typical_volume": 2386650.0, "trend": 12.181549, "fair_value": 15.639846, "relative_strength": 16.116724, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.31529, "energy": 22.211867, "activity_lines": [ 13.098235, 13.566735, 13.164666, 12.750123 ] }, { "date": "2024-07-12", "close": 13.984796, "volume": 1548700, "typical_volume": 2439805.0, "trend": 12.296611, "fair_value": 15.588471, "relative_strength": 21.776393, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.746376, "energy": 20.529738, "activity_lines": [ 13.361344, 13.626012, 13.281199, 12.866462 ] }, { "date": "2024-07-19", "close": 13.041038, "volume": 978000, "typical_volume": 2425525.0, "trend": 12.374686, "fair_value": 15.536222, "relative_strength": 14.337251, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.671768, "energy": 14.953798, "activity_lines": [ 13.286987, 13.485618, 13.297732, 12.914489 ] }, { "date": "2024-07-26", "close": 12.697852, "volume": 644700, "typical_volume": 2430700.0, "trend": 12.435792, "fair_value": 15.491347, "relative_strength": 11.790468, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.460619, "energy": 8.229082, "activity_lines": [ 13.115394, 13.271907, 13.275956, 12.935339 ] }, { "date": "2024-08-02", "close": 12.183074, "volume": 435800, "typical_volume": 2419490.0, "trend": 12.47421, "fair_value": 15.440066, "relative_strength": 6.520675, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.254011, "energy": 7.188742, "activity_lines": [ 12.789368, 13.014518, 13.200373, 12.919034 ] }, { "date": "2024-08-09", "close": 11.410908, "volume": 1384000, "typical_volume": 2435120.0, "trend": 12.47583, "fair_value": 15.383836, "relative_strength": 0.786363, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.982396, "energy": 27.237858, "activity_lines": [ 12.263151, 12.672893, 13.048391, 12.850434 ] }, { "date": "2024-08-16", "close": 9.094407, "volume": 5425000, "typical_volume": 2671040.0, "trend": 12.408528, "fair_value": 15.310169, "relative_strength": -19.845269, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.645621, "energy": 64.806406, "activity_lines": [ 11.073442, 11.975603, 12.680284, 12.632278 ] }, { "date": "2024-08-23", "close": 10.810334, "volume": 3217400, "typical_volume": 2804935.0, "trend": 12.398423, "fair_value": 15.241033, "relative_strength": -8.187194, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.547445, "energy": 62.91234, "activity_lines": [ 10.781735, 11.672976, 12.48949, 12.529169 ] }, { "date": "2024-08-30", "close": 11.334876, "volume": 1509100, "typical_volume": 2869150.0, "trend": 12.416861, "fair_value": 15.186385, "relative_strength": -3.837893, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.955427, "energy": 60.746434, "activity_lines": [ 10.813588, 11.510959, 12.353554, 12.460553 ] }, { "date": "2024-09-06", "close": 11.422069, "volume": 715000, "typical_volume": 2890820.0, "trend": 12.416089, "fair_value": 15.105645, "relative_strength": -7.480246, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.8293, "energy": 64.55445, "activity_lines": [ 10.965372, 11.394256, 12.229145, 12.396372 ] }, { "date": "2024-09-13", "close": 11.334876, "volume": 574900, "typical_volume": 2782020.0, "trend": 12.41794, "fair_value": 15.024346, "relative_strength": -7.744831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.580476, "energy": 35.66703, "activity_lines": [ 11.138824, 11.291135, 12.096786, 12.326617 ] }, { "date": "2024-09-20", "close": 12.119598, "volume": 1017400, "typical_volume": 2792385.0, "trend": 12.426596, "fair_value": 14.958427, "relative_strength": -3.145544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.904882, "energy": 21.430436, "activity_lines": [ 11.578919, 11.361712, 12.041977, 12.307369 ] }, { "date": "2024-09-27", "close": 11.509258, "volume": 1129900, "typical_volume": 2770800.0, "trend": 12.414908, "fair_value": 14.897653, "relative_strength": -7.876883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.899549, "energy": 18.734203, "activity_lines": [ 11.613888, 11.355231, 11.930568, 12.248186 ] }, { "date": "2024-10-04", "close": 11.247684, "volume": 982300, "typical_volume": 2503160.0, "trend": 12.400029, "fair_value": 14.833907, "relative_strength": -9.545451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.950852, "energy": 20.435975, "activity_lines": [ 11.515071, 11.329042, 11.798681, 12.172881 ] }, { "date": "2024-10-11", "close": 11.334876, "volume": 338800, "typical_volume": 2078335.0, "trend": 12.391775, "fair_value": 14.768133, "relative_strength": -10.365515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.811648, "energy": 20.710196, "activity_lines": [ 11.451131, 11.345073, 11.695078, 12.104161 ] }, { "date": "2024-10-18", "close": 11.422069, "volume": 833500, "typical_volume": 1971080.0, "trend": 12.360689, "fair_value": 14.689981, "relative_strength": -10.840361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.667571, "energy": 24.146191, "activity_lines": [ 11.422068, 11.392378, 11.618526, 12.0416 ] }, { "date": "2024-10-25", "close": 11.770833, "volume": 721400, "typical_volume": 1757685.0, "trend": 12.352667, "fair_value": 14.606301, "relative_strength": -6.61803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.983249, "energy": 20.161006, "activity_lines": [ 11.503446, 11.502892, 11.592295, 12.003545 ] }, { "date": "2024-11-01", "close": 11.509258, "volume": 412800, "typical_volume": 1630650.0, "trend": 12.341646, "fair_value": 14.530001, "relative_strength": -8.79424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.71353, "energy": 17.77808, "activity_lines": [ 11.520884, 11.517185, 11.550061, 11.949131 ] }, { "date": "2024-11-08", "close": 11.334876, "volume": 609500, "typical_volume": 1248385.0, "trend": 12.319093, "fair_value": 14.456465, "relative_strength": -10.215916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.267889, "energy": 22.555309, "activity_lines": [ 11.480195, 11.487065, 11.499739, 11.884178 ] }, { "date": "2024-11-15", "close": 10.898919, "volume": 911800, "typical_volume": 1242850.0, "trend": 12.299166, "fair_value": 14.373665, "relative_strength": -12.314268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.577154, "energy": 31.122624, "activity_lines": [ 11.288374, 11.377679, 11.415614, 11.792554 ] }, { "date": "2024-11-22", "close": 10.986112, "volume": 238400, "typical_volume": 1181420.0, "trend": 12.267847, "fair_value": 14.287542, "relative_strength": -11.848596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.110866, "energy": 47.550531, "activity_lines": [ 11.154681, 11.293659, 11.349993, 11.707841 ] }, { "date": "2024-11-29", "close": 11.073302, "volume": 261000, "typical_volume": 1117035.0, "trend": 12.222275, "fair_value": 14.20586, "relative_strength": -10.006677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.885958, "energy": 52.128904, "activity_lines": [ 11.079115, 11.231832, 11.302461, 11.630773 ] }, { "date": "2024-12-06", "close": 10.986112, "volume": 117200, "typical_volume": 1073995.0, "trend": 12.173797, "fair_value": 14.123619, "relative_strength": -12.205032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.675399, "energy": 53.215409, "activity_lines": [ 11.020988, 11.173176, 11.26049, 11.551021 ] }, { "date": "2024-12-13", "close": 10.811728, "volume": 198800, "typical_volume": 1051700.0, "trend": 12.01941, "fair_value": 14.031204, "relative_strength": -12.370165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.537457, "energy": 46.987956, "activity_lines": [ 10.939609, 11.092326, 11.211696, 11.463146 ] }, { "date": "2024-12-20", "close": 10.811728, "volume": 642500, "typical_volume": 1062035.0, "trend": 11.870743, "fair_value": 13.945258, "relative_strength": -8.157517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.051329, "energy": 39.489759, "activity_lines": [ 10.893107, 11.019402, 11.171883, 11.385231 ] }, { "date": "2024-12-27", "close": 10.724538, "volume": 934540, "typical_volume": 1039562.0, "trend": 11.727749, "fair_value": 13.854871, "relative_strength": -11.259506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.03655, "energy": 41.516002, "activity_lines": [ 10.823354, 10.940138, 11.130297, 11.311282 ] }, { "date": "2025-01-03", "close": 10.811728, "volume": 67400, "typical_volume": 771682.0, "trend": 11.63342, "fair_value": 13.759868, "relative_strength": -9.475905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.066064, "energy": 39.637042, "activity_lines": [ 10.800103, 10.889408, 11.100283, 11.252184 ] }, { "date": "2025-01-10", "close": 10.114198, "volume": 207600, "typical_volume": 621192.0, "trend": 11.527279, "fair_value": 13.644869, "relative_strength": -14.154621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.851087, "energy": 56.237632, "activity_lines": [ 10.56178, 10.729293, 10.995661, 11.154169 ] }, { "date": "2025-01-17", "close": 10.811728, "volume": 1203500, "typical_volume": 605912.0, "trend": 11.455828, "fair_value": 13.542104, "relative_strength": -6.366918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.92577, "energy": 36.460118, "activity_lines": [ 10.614095, 10.721366, 10.960784, 11.108005 ] }, { "date": "2025-01-24", "close": 10.724538, "volume": 169100, "typical_volume": 578617.0, "trend": 11.378612, "fair_value": 13.453011, "relative_strength": -8.00223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.099967, "energy": 33.126762, "activity_lines": [ 10.637346, 10.707099, 10.920095, 11.060825 ] }, { "date": "2025-01-31", "close": 10.375772, "volume": 126800, "typical_volume": 556212.0, "trend": 11.28977, "fair_value": 13.361682, "relative_strength": -8.335908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.271475, "energy": 37.335479, "activity_lines": [ 10.550155, 10.63259, 10.849511, 10.996126 ] }, { "date": "2025-02-07", "close": 9.852624, "volume": 600300, "typical_volume": 535357.0, "trend": 11.15203, "fair_value": 13.281232, "relative_strength": -10.645761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.820226, "energy": 40.892558, "activity_lines": [ 10.311832, 10.47406, 10.733671, 10.903406 ] }, { "date": "2025-02-14", "close": 9.678241, "volume": 170900, "typical_volume": 487407.0, "trend": 11.039937, "fair_value": 13.198369, "relative_strength": -11.43332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.240188, "energy": 62.277466, "activity_lines": [ 10.079321, 10.306019, 10.612019, 10.808323 ] }, { "date": "2025-02-21", "close": 10.027005, "volume": 246500, "typical_volume": 450617.0, "trend": 10.950909, "fair_value": 13.116449, "relative_strength": -6.243818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.515512, "energy": 61.591312, "activity_lines": [ 9.99213, 10.225168, 10.532301, 10.742973 ] }, { "date": "2025-02-28", "close": 10.462962, "volume": 1490600, "typical_volume": 508207.0, "trend": 10.893572, "fair_value": 13.041205, "relative_strength": 1.281611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.345102, "energy": 46.128696, "activity_lines": [ 10.102572, 10.237851, 10.499915, 10.711492 ] }, { "date": "2025-03-07", "close": 10.550155, "volume": 992300, "typical_volume": 516147.0, "trend": 10.86488, "fair_value": 12.966519, "relative_strength": 2.190849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.347168, "energy": 29.691728, "activity_lines": [ 10.259516, 10.272727, 10.479986, 10.689336 ] }, { "date": "2025-03-14", "close": 10.740741, "volume": 680300, "typical_volume": 514092.0, "trend": 10.919758, "fair_value": 12.889174, "relative_strength": 6.353514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.676101, "energy": 16.033917, "activity_lines": [ 10.468364, 10.345427, 10.48236, 10.681327 ] }, { "date": "2025-03-21", "close": 10.555555, "volume": 254800, "typical_volume": 506192.0, "trend": 10.911265, "fair_value": 12.806761, "relative_strength": 3.399603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.488538, "energy": 18.211715, "activity_lines": [ 10.556276, 10.385746, 10.472002, 10.65783 ] }, { "date": "2025-03-28", "close": 10.648148, "volume": 98300, "typical_volume": 480632.0, "trend": 10.888374, "fair_value": 12.726235, "relative_strength": 5.216546, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.894609, "energy": 16.37851, "activity_lines": [ 10.616564, 10.434876, 10.475004, 10.640855 ] }, { "date": "2025-04-04", "close": 10.462963, "volume": 156400, "typical_volume": 442862.0, "trend": 10.856404, "fair_value": 12.649696, "relative_strength": 7.836299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.986275, "energy": 14.028406, "activity_lines": [ 10.573714, 10.453311, 10.463639, 10.613409 ] }, { "date": "2025-04-11", "close": 10.0, "volume": 468000, "typical_volume": 454342.0, "trend": 10.811908, "fair_value": 12.572778, "relative_strength": 2.690603, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.081097, "energy": 22.188178, "activity_lines": [ 10.376543, 10.392326, 10.410259, 10.558157 ] }, { "date": "2025-04-18", "close": 10.648148, "volume": 113500, "typical_volume": 446967.0, "trend": 10.76286, "fair_value": 12.49484, "relative_strength": 7.080602, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.98127, "energy": 12.074513, "activity_lines": [ 10.432099, 10.456018, 10.423302, 10.547592 ] }, { "date": "2025-04-25", "close": 10.740741, "volume": 173200, "typical_volume": 449767.0, "trend": 10.737243, "fair_value": 12.421376, "relative_strength": 7.142769, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.210519, "energy": 5.684884, "activity_lines": [ 10.524691, 10.522082, 10.447189, 10.546165 ] }, { "date": "2025-05-02", "close": 10.462963, "volume": 348400, "typical_volume": 457247.0, "trend": 10.711085, "fair_value": 12.362174, "relative_strength": 0.971162, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.109754, "energy": 10.647508, "activity_lines": [ 10.512346, 10.518322, 10.445789, 10.52847 ] }, { "date": "2025-05-09", "close": 9.722222, "volume": 943800, "typical_volume": 472312.0, "trend": 10.65733, "fair_value": 12.330652, "relative_strength": -6.888545, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.95757, "energy": 28.592603, "activity_lines": [ 10.265432, 10.371956, 10.375503, 10.464672 ] }, { "date": "2025-05-16", "close": 9.814815, "volume": 676700, "typical_volume": 459420.0, "trend": 10.603755, "fair_value": 12.294511, "relative_strength": -4.176432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.030684, "energy": 44.613196, "activity_lines": [ 10.098765, 10.255892, 10.319224, 10.410316 ] }, { "date": "2025-05-23", "close": 9.629629, "volume": 344100, "typical_volume": 473255.0, "trend": 10.532382, "fair_value": 12.254054, "relative_strength": -3.783742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.939061, "energy": 60.703285, "activity_lines": [ 9.882716, 10.119529, 10.24964, 10.347469 ] }, { "date": "2025-05-30", "close": 9.629629, "volume": 157700, "typical_volume": 470760.0, "trend": 10.469727, "fair_value": 12.208905, "relative_strength": -0.885701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.313288, "energy": 68.882589, "activity_lines": [ 9.734568, 10.003367, 10.185685, 10.289227 ] }, { "date": "2025-06-06", "close": 9.444444, "volume": 165800, "typical_volume": 418875.0, "trend": 10.406713, "fair_value": 12.168825, "relative_strength": -1.268788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.477643, "energy": 72.398458, "activity_lines": [ 9.598765, 9.87037, 10.1064, 10.22308 ] }, { "date": "2025-06-13", "close": 9.629629, "volume": 245000, "typical_volume": 422670.0, "trend": 10.364403, "fair_value": 12.137752, "relative_strength": 2.272309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.818129, "energy": 66.04812, "activity_lines": [ 9.592592, 9.792929, 10.051264, 10.172946 ] }, { "date": "2025-06-20", "close": 9.212963, "volume": 259100, "typical_volume": 429285.0, "trend": 10.305298, "fair_value": 12.101923, "relative_strength": 3.198796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.124598, "energy": 69.129652, "activity_lines": [ 9.453703, 9.654882, 9.961658, 10.098659 ] }, { "date": "2025-06-27", "close": 9.351852, "volume": 268900, "typical_volume": 412715.0, "trend": 10.247917, "fair_value": 12.064899, "relative_strength": 3.653224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.162256, "energy": 56.96141, "activity_lines": [ 9.401234, 9.556397, 9.890818, 10.037146 ] }, { "date": "2025-07-04", "close": 9.814815, "volume": 186600, "typical_volume": 413500.0, "trend": 10.208873, "fair_value": 12.039184, "relative_strength": 5.426195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.061163, "energy": 39.133495, "activity_lines": [ 9.521605, 9.565656, 9.866453, 10.009204 ] }, { "date": "2025-07-11", "close": 9.722222, "volume": 92100, "typical_volume": 405780.0, "trend": 10.172557, "fair_value": 12.012355, "relative_strength": 4.763544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.311586, "energy": 32.763676, "activity_lines": [ 9.598765, 9.574916, 9.83262, 9.977808 ] }, { "date": "2025-07-18", "close": 10.37037, "volume": 305500, "typical_volume": 346525.0, "trend": 10.157845, "fair_value": 11.98968, "relative_strength": 4.149857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.501501, "energy": 14.066768, "activity_lines": [ 9.873457, 9.715488, 9.861967, 9.99057 ] }, { "date": "2025-07-25", "close": 10.185185, "volume": 333000, "typical_volume": 313560.0, "trend": 10.139866, "fair_value": 11.963733, "relative_strength": 1.7207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.96951, "energy": 20.524479, "activity_lines": [ 10.037037, 9.810606, 9.874118, 9.992334 ] }, { "date": "2025-08-01", "close": 10.0, "volume": 256900, "typical_volume": 292390.0, "trend": 10.112809, "fair_value": 11.934513, "relative_strength": 0.024769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.241135, "energy": 22.339722, "activity_lines": [ 10.074074, 9.86532, 9.87037, 9.98331 ] }, { "date": "2025-08-08", "close": 10.462963, "volume": 723500, "typical_volume": 315825.0, "trend": 10.124434, "fair_value": 11.91191, "relative_strength": 1.384984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.443564, "energy": 32.4097, "activity_lines": [ 10.222222, 9.997475, 9.914241, 10.005901 ] }, { "date": "2025-08-15", "close": 10.740741, "volume": 992800, "typical_volume": 360550.0, "trend": 10.122068, "fair_value": 11.88014, "relative_strength": 3.670989, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.072062, "energy": 50.43533, "activity_lines": [ 10.419753, 10.164983, 9.985009, 10.045662 ] }, { "date": "2025-08-22", "close": 11.388889, "volume": 1298800, "typical_volume": 417670.0, "trend": 10.144213, "fair_value": 11.846268, "relative_strength": 10.170593, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.936196, "energy": 66.442332, "activity_lines": [ 10.765432, 10.426768, 10.117063, 10.127393 ] }, { "date": "2025-08-29", "close": 11.296296, "volume": 429700, "typical_volume": 415755.0, "trend": 10.174897, "fair_value": 11.823272, "relative_strength": 10.552829, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.840706, "energy": 81.912198, "activity_lines": [ 11.012346, 10.639731, 10.235891, 10.201721 ] }, { "date": "2025-09-05", "close": 11.574074, "volume": 312100, "typical_volume": 425685.0, "trend": 10.232279, "fair_value": 11.797365, "relative_strength": 10.451052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.410238, "energy": 84.670885, "activity_lines": [ 11.277778, 10.86532, 10.375, 10.29199 ] }, { "date": "2025-09-12", "close": 11.666667, "volume": 298800, "typical_volume": 431965.0, "trend": 10.29856, "fair_value": 11.77518, "relative_strength": 8.586893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.981585, "energy": 84.57148, "activity_lines": [ 11.469136, 11.06734, 10.518518, 10.384531 ] }, { "date": "2025-09-19", "close": 11.759259, "volume": 157700, "typical_volume": 422430.0, "trend": 10.356301, "fair_value": 11.754109, "relative_strength": 9.335548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.050686, "energy": 83.308464, "activity_lines": [ 11.611111, 11.252525, 10.666446, 10.47877 ] }, { "date": "2025-09-26", "close": 11.759259, "volume": 182100, "typical_volume": 384345.0, "trend": 10.399511, "fair_value": 11.730953, "relative_strength": 10.210054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.62076, "energy": 76.735088, "activity_lines": [ 11.685185, 11.400673, 10.808201, 10.569283 ] }, { "date": "2025-10-03", "close": 12.12963, "volume": 403500, "typical_volume": 370685.0, "trend": 10.45216, "fair_value": 11.720077, "relative_strength": 11.964529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.947417, "energy": 74.915613, "activity_lines": [ 11.858025, 11.590909, 10.975529, 10.680904 ] }, { "date": "2025-10-10", "close": 11.944444, "volume": 169500, "typical_volume": 361955.0, "trend": 10.492284, "fair_value": 11.712185, "relative_strength": 10.424843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.960642, "energy": 61.86024, "activity_lines": [ 11.91358, 11.712121, 11.114197, 10.77718 ] }, { "date": "2025-10-17", "close": 11.944444, "volume": 314800, "typical_volume": 369810.0, "trend": 10.53858, "fair_value": 11.702728, "relative_strength": 11.063406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.081955, "energy": 58.400694, "activity_lines": [ 11.944444, 11.79798, 11.241843, 10.870868 ] }, { "date": "2025-10-24", "close": 11.851851, "volume": 290000, "typical_volume": 376020.0, "trend": 10.578704, "fair_value": 11.690072, "relative_strength": 6.668701, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.830008, "energy": 54.82686, "activity_lines": [ 11.925925, 11.840067, 11.349647, 10.955595 ] }, { "date": "2025-10-31", "close": 11.944444, "volume": 380000, "typical_volume": 382770.0, "trend": 10.628086, "fair_value": 11.678008, "relative_strength": 7.555712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.225748, "energy": 49.152836, "activity_lines": [ 11.932098, 11.878788, 11.454806, 11.043708 ] }, { "date": "2025-11-07", "close": 11.944444, "volume": 256300, "typical_volume": 382630.0, "trend": 10.692901, "fair_value": 11.664902, "relative_strength": 7.750618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.850869, "energy": 44.987586, "activity_lines": [ 11.925925, 11.907407, 11.548942, 11.128634 ] }, { "date": "2025-11-14", "close": 11.574074, "volume": 252100, "typical_volume": 381790.0, "trend": 10.723765, "fair_value": 11.652029, "relative_strength": 6.800057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.952272, "energy": 33.011907, "activity_lines": [ 11.808642, 11.856902, 11.594797, 11.185484 ] }, { "date": "2025-11-21", "close": 11.388889, "volume": 166500, "typical_volume": 380785.0, "trend": 10.74537, "fair_value": 11.637447, "relative_strength": 5.982163, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.290392, "energy": 25.121946, "activity_lines": [ 11.654321, 11.772727, 11.612434, 11.228395 ] }, { "date": "2025-11-28", "close": 11.203704, "volume": 122500, "typical_volume": 382305.0, "trend": 10.770062, "fair_value": 11.623243, "relative_strength": 3.798993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.231752, "energy": 20.932152, "activity_lines": [ 11.475309, 11.659932, 11.604938, 11.257965 ] }, { "date": "2025-12-05", "close": 11.111111, "volume": 100300, "typical_volume": 372045.0, "trend": 10.816358, "fair_value": 11.610008, "relative_strength": 1.298472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.652431, "energy": 17.876466, "activity_lines": [ 11.308642, 11.540404, 11.58157, 11.279968 ] }, { "date": "2025-12-12", "close": 11.018518, "volume": 77500, "typical_volume": 359270.0, "trend": 10.856481, "fair_value": 11.603479, "relative_strength": 1.74946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.129968, "energy": 21.916347, "activity_lines": [ 11.166667, 11.415825, 11.545855, 11.293011 ] }, { "date": "2025-12-19", "close": 11.111111, "volume": 138600, "typical_volume": 353355.0, "trend": 10.905864, "fair_value": 11.601194, "relative_strength": 2.543354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.534591, "energy": 20.806796, "activity_lines": [ 11.117284, 11.328283, 11.514991, 11.309438 ] }, { "date": "2025-12-26", "close": 11.388889, "volume": 130300, "typical_volume": 323695.0, "trend": 10.964506, "fair_value": 11.599124, "relative_strength": 4.19537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.052427, "energy": 15.955696, "activity_lines": [ 11.191358, 11.306397, 11.505291, 11.340601 ] }, { "date": "2026-01-02", "close": 11.574074, "volume": 109300, "typical_volume": 279520.0, "trend": 11.035494, "fair_value": 11.594593, "relative_strength": 5.531515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.693495, "energy": 10.266693, "activity_lines": [ 11.32716, 11.328283, 11.508818, 11.379928 ] }, { "date": "2026-01-09", "close": 12.037037, "volume": 874100, "typical_volume": 258285.0, "trend": 11.115741, "fair_value": 11.590943, "relative_strength": 9.706874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.102132, "energy": 28.757504, "activity_lines": [ 11.592593, 11.439394, 11.552469, 11.444544 ] }, { "date": "2026-01-16", "close": 11.944444, "volume": 517400, "typical_volume": 262670.0, "trend": 11.20679, "fair_value": 11.584615, "relative_strength": 6.7225, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.025042, "energy": 35.287148, "activity_lines": [ 11.765432, 11.531986, 11.584215, 11.498009 ] }, { "date": "2026-01-23", "close": 12.407407, "volume": 1066500, "typical_volume": 300390.0, "trend": 11.308642, "fair_value": 11.579169, "relative_strength": 7.230269, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.895603, "energy": 54.710984, "activity_lines": [ 12.030864, 11.708754, 11.656966, 11.575468 ] }, { "date": "2026-01-30", "close": 11.388889, "volume": 1071900, "typical_volume": 339045.0, "trend": 11.361111, "fair_value": 11.564066, "relative_strength": -2.554636, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.964857, "energy": 36.755611, "activity_lines": [ 11.87037, 11.685185, 11.628748, 11.580645 ] }, { "date": "2026-02-06", "close": 11.481481, "volume": 440900, "typical_volume": 353205.0, "trend": 11.419753, "fair_value": 11.550078, "relative_strength": -3.988632, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.126809, "energy": 23.952449, "activity_lines": [ 11.74074, 11.678451, 11.61067, 11.588411 ] }, { "date": "2026-02-13", "close": 12.222221, "volume": 578200, "typical_volume": 373010.0, "trend": 11.481481, "fair_value": 11.544487, "relative_strength": -3.450165, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.739547, "energy": 31.778195, "activity_lines": [ 11.864197, 11.801346, 11.664462, 11.640183 ] }, { "date": "2026-02-20", "close": 12.222221, "volume": 603300, "typical_volume": 383000.0, "trend": 11.549383, "fair_value": 11.530034, "relative_strength": -6.710301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.554602, "energy": 27.811205, "activity_lines": [ 11.975308, 11.90404, 11.716049, 11.687973 ] }, { "date": "2026-02-27", "close": 12.222221, "volume": 1265700, "typical_volume": 437810.0, "trend": 11.623457, "fair_value": 11.527572, "relative_strength": -9.537446, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.93162, "energy": 35.475, "activity_lines": [ 12.0679, 11.984848, 11.767195, 11.731382 ] }, { "date": "2026-03-06", "close": 12.037037, "volume": 1902200, "typical_volume": 517180.0, "trend": 11.675926, "fair_value": 11.526049, "relative_strength": -3.41016, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.848952, "energy": 40.994131, "activity_lines": [ 12.11111, 12.011784, 11.799382, 11.758064 ] }, { "date": "2026-03-13", "close": 12.4, "volume": 939100, "typical_volume": 549635.0, "trend": 11.731234, "fair_value": 11.520473, "relative_strength": -0.349176, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.032529, "energy": 42.356353, "activity_lines": [ 12.232098, 12.092929, 11.865696, 11.804779 ] }, { "date": "2026-03-20", "close": 11.8, "volume": 779300, "typical_volume": 569600.0, "trend": 11.744938, "fair_value": 11.510519, "relative_strength": -6.60091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.185629, "energy": 24.749766, "activity_lines": [ 12.091852, 12.049966, 11.872257, 11.809215 ] }, { "date": "2026-03-27", "close": 11.8, "volume": 220700, "typical_volume": 567820.0, "trend": 11.761728, "fair_value": 11.501097, "relative_strength": -7.325618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.885469, "energy": 14.620423, "activity_lines": [ 11.979753, 12.011313, 11.879506, 11.812768 ] }, { "date": "2026-04-03", "close": 11.6, "volume": 312900, "typical_volume": 570860.0, "trend": 11.762592, "fair_value": 11.493052, "relative_strength": -9.069372, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.486835, "energy": 10.694249, "activity_lines": [ 11.829136, 11.938922, 11.868395, 11.802333 ] }, { "date": "2026-04-10", "close": 11.7, "volume": 207900, "typical_volume": 572930.0, "trend": 11.763703, "fair_value": 11.485647, "relative_strength": -11.28861, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.075951, "energy": 8.422914, "activity_lines": [ 11.753333, 11.899394, 11.866684, 11.798295 ] }, { "date": "2026-04-17", "close": 11.8, "volume": 112600, "typical_volume": 572435.0, "trend": 11.765061, "fair_value": 11.482605, "relative_strength": -8.799539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.602874, "energy": 10.099615, "activity_lines": [ 11.733333, 11.87239, 11.873016, 11.800637 ] }, { "date": "2026-04-24", "close": 11.6, "volume": 221100, "typical_volume": 578475.0, "trend": 11.759753, "fair_value": 11.482002, "relative_strength": -8.460534, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.143527, "energy": 14.61803, "activity_lines": [ 11.686667, 11.803232, 11.85746, 11.789988 ] }, { "date": "2026-05-01", "close": 11.6, "volume": 333300, "typical_volume": 591265.0, "trend": 11.742098, "fair_value": 11.485652, "relative_strength": -10.574391, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.448517, "energy": 18.33109, "activity_lines": [ 11.653333, 11.745387, 11.839577, 11.779681 ] }, { "date": "2026-05-08", "close": 11.7, "volume": 176600, "typical_volume": 593165.0, "trend": 11.73395, "fair_value": 11.480374, "relative_strength": -10.158598, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.409184, "energy": 12.706481, "activity_lines": [ 11.666667, 11.717037, 11.828448, 11.776965 ] }, { "date": "2026-05-15", "close": 11.5, "volume": 527000, "typical_volume": 613000.0, "trend": 11.719136, "fair_value": 11.475409, "relative_strength": -12.595257, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.717875, "energy": 19.576935, "activity_lines": [ 11.606667, 11.661818, 11.795467, 11.761872 ] }, { "date": "2026-05-22", "close": 11.5, "volume": 483300, "typical_volume": 631700.0, "trend": 11.707407, "fair_value": 11.46938, "relative_strength": -13.635848, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.489109, "energy": 17.562152, "activity_lines": [ 11.56, 11.616364, 11.761958, 11.747734 ] }, { "date": "2026-05-29", "close": 12.4, "volume": 1168900, "typical_volume": 646440.0, "trend": 11.722592, "fair_value": 11.470184, "relative_strength": -8.544187, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.538199, "energy": 18.173311, "activity_lines": [ 11.833333, 11.750909, 11.814515, 11.792417 ] }, { "date": "2026-06-05", "close": 13.4, "volume": 1093600, "typical_volume": 675250.0, "trend": 11.771111, "fair_value": 11.475271, "relative_strength": -2.091438, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.033766, "energy": 65.26247, "activity_lines": [ 12.386667, 12.056364, 11.960582, 11.900637 ] }, { "date": "2026-06-12", "close": 12.6, "volume": 46900, "typical_volume": 624270.0, "trend": 11.805308, "fair_value": 11.478952, "relative_strength": -8.368445, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.830723, "energy": 66.066618, "activity_lines": [ 12.553333, 12.187273, 12.023527, 11.954114 ] }, { "date": "2026-06-19", "close": 12.3, "volume": 121000, "typical_volume": 576725.0, "trend": 11.835679, "fair_value": 11.4839, "relative_strength": -9.254416, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.412949, "energy": 68.458017, "activity_lines": [ 12.56, 12.245455, 12.056984, 11.986029 ] }, { "date": "2026-06-26", "close": 12.3, "volume": 40400, "typical_volume": 556700.0, "trend": 11.872222, "fair_value": 11.490974, "relative_strength": -7.342468, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.458648, "energy": 66.039444, "activity_lines": [ 12.513333, 12.292727, 12.086102, 12.015986 ] }, { "date": "2026-07-03", "close": 13.2, "volume": 142900, "typical_volume": 534935.0, "trend": 11.941852, "fair_value": 11.503286, "relative_strength": -4.695477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.386386, "energy": 59.062716, "activity_lines": [ 12.713333, 12.494545, 12.197037, 12.101649 ] }, { "date": "2026-07-10", "close": 13.2, "volume": 533300, "typical_volume": 531435.0, "trend": 12.014568, "fair_value": 11.516661, "relative_strength": -5.186354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.788478, "energy": 55.717536, "activity_lines": [ 12.86, 12.667273, 12.303316, 12.182819 ] }, { "date": "2026-07-17", "close": 14.2, "volume": 1481600, "typical_volume": 542230.0, "trend": 12.117531, "fair_value": 11.530067, "relative_strength": 0.892567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.900821, "energy": 77.486987, "activity_lines": [ 13.353333, 12.992727, 12.500176, 12.323815 ] }, { "date": "2026-07-24", "close": 13.4, "volume": 1359700, "typical_volume": 515105.0, "trend": 12.184568, "fair_value": 11.535155, "relative_strength": -5.015551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.008584, "energy": 70.491463, "activity_lines": [ 13.473333, 13.127273, 12.611429, 12.406555 ] }, { "date": "2026-07-31", "close": 14.3, "volume": 904600, "typical_volume": 513380.0, "trend": 12.275432, "fair_value": 11.546543, "relative_strength": 2.37302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.163325, "energy": 80.186898, "activity_lines": [ 13.82, 13.390909, 12.801905, 12.543035 ] }, { "date": "2026-08-07", "close": 15.1, "volume": 2197500, "typical_volume": 584290.0, "trend": 12.377531, "fair_value": 11.56625, "relative_strength": 8.5786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.683237, "energy": 84.313365, "activity_lines": [ 14.3, 13.749091, 13.059524, 12.725265 ] } ], "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." } } }