{ "ticker": { "uuid": "76b5d17c-3cd3-495f-9b31-797e07005a68", "symbol": "RHIM", "name": "RHI Magnesita N.V.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 76.037, "architecture_energy": 63.686, "architecture_maturity": 31.608, "architecture_confidence": 82.347, "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": 14.76, "rotation_up": 65.52, "upward_expansion": 85.07, "deceleration": 48.27, "rotation_down": 15.83, "downward_expansion": 11.74 }, "activity_lines": [ 34.580001, 34.003637, 33.04193, 32.23413 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 36.200001, "trend_reference": 31.612986, "distance_from_trend": 0.145099, "trend_direction": "Improving", "fair_value": 32.213677, "distance_from_fair_value": 0.123746, "fair_value_direction": "Improving", "relative_strength": 3.128358, "relative_strength_direction": "Improving", "price_momentum": 0.150445, "excess_performance": -0.023802, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.145099, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065417, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.123746, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.135318, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031284, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.101306, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.150445, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.431323, "read": "Demand-led" } ], "volume": { "latest": 18410, "relative_activity": 1.31625, "balance": 1.431323, "dry_up": 0.926094, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.060241, "annualized_volatility": 0.498488, "from_high_reference": -0.028381, "from_low_reference": 0.689392 }, "levels": { "trend_reference": 31.612986, "fair_value_reference": 32.213677, "structural_low": 24.613044, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": -0.03406, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.042496, "regime_survival": 0.65, "best_return": 0.212698, "worst_return": -0.282723, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.012302, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.015704, "regime_survival": 0.375, "best_return": 0.211357, "worst_return": -0.21875, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.125923, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.009226, "regime_survival": 0.5, "best_return": 0.240033, "worst_return": -0.399038, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.073188, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.008825, "regime_survival": 0.666667, "best_return": 0.447232, "worst_return": -0.135849, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.1, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": 0.147541, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-08-30", "tenure": "Developing", "return": -0.089031, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": 0.013441, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": 0.026525, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.014851, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.074163, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.142857, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.104918, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-12-05", "tenure": "Extended", "return": -0.09921, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.086667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.111111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-29", "tenure": "Developing", "return": 0.321042, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.09697, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.824177, "volume": 4534, "typical_volume": 13586.2, "trend": 24.488822, "fair_value": 27.073119, "relative_strength": 30.468524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.727169, "energy": 61.389338, "activity_lines": [ 29.086472, 28.587796, 26.633649, 25.389747 ] }, { "date": "2023-08-25", "close": 27.841295, "volume": 2742, "typical_volume": 12887.6, "trend": 24.559417, "fair_value": 27.106278, "relative_strength": 25.742152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.189868, "energy": 51.001932, "activity_lines": [ 28.656208, 28.555272, 26.922602, 25.606036 ] }, { "date": "2023-09-01", "close": 28.972347, "volume": 5662, "typical_volume": 12945.4, "trend": 24.618246, "fair_value": 27.14306, "relative_strength": 26.847049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.263532, "energy": 47.581858, "activity_lines": [ 28.634273, 28.707386, 27.284063, 25.890741 ] }, { "date": "2023-09-08", "close": 28.624334, "volume": 9075, "typical_volume": 13140.2, "trend": 24.725935, "fair_value": 27.175319, "relative_strength": 25.416169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.584391, "energy": 42.703896, "activity_lines": [ 28.57769, 28.743768, 27.576101, 26.149198 ] }, { "date": "2023-09-15", "close": 29.407368, "volume": 8491, "typical_volume": 12908.35, "trend": 24.86797, "fair_value": 27.219663, "relative_strength": 26.208578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.835918, "energy": 45.040132, "activity_lines": [ 28.863866, 28.884164, 27.905343, 26.451226 ] }, { "date": "2023-09-22", "close": 29.494371, "volume": 4998, "typical_volume": 12668.75, "trend": 25.012905, "fair_value": 27.278408, "relative_strength": 26.522833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.317843, "energy": 51.424149, "activity_lines": [ 29.117355, 28.995563, 28.202558, 26.749704 ] }, { "date": "2023-09-29", "close": 28.015305, "volume": 3327, "typical_volume": 12393.75, "trend": 25.116783, "fair_value": 27.32433, "relative_strength": 18.92916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.9831, "energy": 41.475322, "activity_lines": [ 28.833142, 28.816525, 28.32093, 26.943407 ] }, { "date": "2023-10-06", "close": 27.580284, "volume": 3334, "typical_volume": 12322.0, "trend": 25.280363, "fair_value": 27.349324, "relative_strength": 17.944999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.892024, "energy": 29.53319, "activity_lines": [ 28.392322, 28.563768, 28.360653, 27.102342 ] }, { "date": "2023-10-13", "close": 27.667288, "volume": 5140, "typical_volume": 11617.75, "trend": 25.507303, "fair_value": 27.380126, "relative_strength": 16.344099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.524993, "energy": 15.940451, "activity_lines": [ 28.073307, 28.374328, 28.376264, 27.256338 ] }, { "date": "2023-10-20", "close": 26.014212, "volume": 3228, "typical_volume": 7717.8, "trend": 25.687386, "fair_value": 27.396609, "relative_strength": 12.624856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.860522, "energy": 17.911466, "activity_lines": [ 27.26707, 27.924024, 28.196522, 27.289041 ] }, { "date": "2023-10-27", "close": 25.057165, "volume": 2573, "typical_volume": 7320.75, "trend": 25.827322, "fair_value": 27.420322, "relative_strength": 8.359507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.670544, "energy": 33.477947, "activity_lines": [ 26.368027, 27.344582, 27.919145, 27.248382 ] }, { "date": "2023-11-03", "close": 26.971256, "volume": 2620, "typical_volume": 6994.35, "trend": 26.044803, "fair_value": 27.451437, "relative_strength": 9.900412, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.826995, "energy": 26.547602, "activity_lines": [ 26.402829, 27.181647, 27.826523, 27.322184 ] }, { "date": "2023-11-10", "close": 26.710243, "volume": 4420, "typical_volume": 6782.6, "trend": 26.223352, "fair_value": 27.459396, "relative_strength": 7.806294, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.339877, "energy": 29.744459, "activity_lines": [ 26.42023, 26.987074, 27.707684, 27.365116 ] }, { "date": "2023-11-17", "close": 27.49328, "volume": 5262, "typical_volume": 6714.65, "trend": 26.447241, "fair_value": 27.47333, "relative_strength": 8.104719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.988915, "energy": 15.09429, "activity_lines": [ 26.756645, 26.976001, 27.660452, 27.447047 ] }, { "date": "2023-11-24", "close": 27.75429, "volume": 3040, "typical_volume": 6413.2, "trend": 26.674333, "fair_value": 27.480058, "relative_strength": 9.356098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.514972, "energy": 14.146897, "activity_lines": [ 27.191665, 27.032949, 27.63342, 27.531372 ] }, { "date": "2023-12-01", "close": 28.711338, "volume": 3297, "typical_volume": 5420.6, "trend": 26.914089, "fair_value": 27.482633, "relative_strength": 10.439818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.865586, "energy": 26.658407, "activity_lines": [ 27.829695, 27.293961, 27.693669, 27.662792 ] }, { "date": "2023-12-08", "close": 31.495468, "volume": 7464, "typical_volume": 5517.15, "trend": 27.290622, "fair_value": 27.511766, "relative_strength": 20.30951, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.12172, "energy": 51.452069, "activity_lines": [ 29.152158, 28.075416, 28.017167, 27.958365 ] }, { "date": "2023-12-15", "close": 34.714615, "volume": 30490, "typical_volume": 6354.95, "trend": 27.755221, "fair_value": 27.545952, "relative_strength": 29.444801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.395971, "energy": 87.431236, "activity_lines": [ 31.246055, 29.378895, 28.632086, 28.437332 ] }, { "date": "2023-12-22", "close": 32.626522, "volume": 8741, "typical_volume": 6345.0, "trend": 28.185945, "fair_value": 27.566366, "relative_strength": 19.494713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.865921, "energy": 83.916369, "activity_lines": [ 32.110296, 30.173005, 29.026606, 28.75161 ] }, { "date": "2023-12-29", "close": 34.453606, "volume": 24123, "typical_volume": 7128.05, "trend": 28.512677, "fair_value": 27.594426, "relative_strength": 24.229008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.187842, "energy": 88.651538, "activity_lines": [ 33.241349, 31.209145, 29.581915, 29.155975 ] }, { "date": "2024-01-05", "close": 33.409557, "volume": 5601, "typical_volume": 7181.4, "trend": 28.773864, "fair_value": 27.609116, "relative_strength": 19.869423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.025634, "energy": 83.033434, "activity_lines": [ 33.577765, 31.902014, 30.009355, 29.471903 ] }, { "date": "2024-01-12", "close": 33.496559, "volume": 2418, "typical_volume": 7165.2, "trend": 29.000886, "fair_value": 27.61575, "relative_strength": 20.505974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.381218, "energy": 66.704615, "activity_lines": [ 33.629967, 32.458839, 30.423245, 29.776593 ] }, { "date": "2024-01-19", "close": 33.931583, "volume": 5793, "typical_volume": 7171.75, "trend": 29.262367, "fair_value": 27.613558, "relative_strength": 23.197302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.504194, "energy": 57.518193, "activity_lines": [ 33.69377, 32.976118, 30.851637, 30.094702 ] }, { "date": "2024-01-26", "close": 35.671658, "volume": 11501, "typical_volume": 7293.05, "trend": 29.567595, "fair_value": 27.624456, "relative_strength": 24.563501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.793969, "energy": 59.381824, "activity_lines": [ 34.389801, 33.678478, 31.422135, 30.508205 ] }, { "date": "2024-02-02", "close": 35.06263, "volume": 6212, "typical_volume": 7179.1, "trend": 29.838267, "fair_value": 27.634838, "relative_strength": 22.355647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.624839, "energy": 55.012653, "activity_lines": [ 34.679814, 34.121407, 31.901071, 30.862723 ] }, { "date": "2024-02-09", "close": 36.280693, "volume": 8880, "typical_volume": 7373.2, "trend": 30.103924, "fair_value": 27.638268, "relative_strength": 28.6722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.405138, "energy": 58.544335, "activity_lines": [ 35.335246, 34.652923, 32.469084, 31.278364 ] }, { "date": "2024-02-16", "close": 35.671658, "volume": 4657, "typical_volume": 7439.7, "trend": 30.34928, "fair_value": 27.649166, "relative_strength": 23.808458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.696621, "energy": 60.919068, "activity_lines": [ 35.596257, 34.936081, 32.946777, 31.637572 ] }, { "date": "2024-02-23", "close": 35.236645, "volume": 3176, "typical_volume": 7431.8, "trend": 30.517412, "fair_value": 27.65534, "relative_strength": 22.218363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.931401, "energy": 51.55528, "activity_lines": [ 35.567257, 35.064215, 33.346582, 31.952886 ] }, { "date": "2024-03-01", "close": 38.107773, "volume": 14396, "typical_volume": 7894.6, "trend": 30.792652, "fair_value": 27.67024, "relative_strength": 31.164639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.370933, "energy": 58.449169, "activity_lines": [ 36.408296, 35.704881, 33.983368, 32.442587 ] }, { "date": "2024-03-08", "close": 36.280693, "volume": 5688, "typical_volume": 8017.6, "trend": 31.052607, "fair_value": 27.669557, "relative_strength": 23.7268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.74981, "energy": 49.197743, "activity_lines": [ 36.4779, 35.913691, 34.396431, 32.796654 ] }, { "date": "2024-03-15", "close": 35.497654, "volume": 14998, "typical_volume": 8638.85, "trend": 31.275056, "fair_value": 27.674017, "relative_strength": 18.951295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.336784, "energy": 45.968802, "activity_lines": [ 36.205287, 35.946911, 34.68603, 33.083431 ] }, { "date": "2024-03-22", "close": 36.019676, "volume": 11330, "typical_volume": 9074.35, "trend": 31.547669, "fair_value": 27.675047, "relative_strength": 16.728897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.480236, "energy": 44.377795, "activity_lines": [ 36.158884, 36.037079, 34.975629, 33.389536 ] }, { "date": "2024-03-29", "close": 36.4547, "volume": 3714, "typical_volume": 9039.05, "trend": 31.797081, "fair_value": 27.667253, "relative_strength": 15.959056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.067149, "energy": 40.649013, "activity_lines": [ 36.234288, 36.160467, 35.263571, 33.706118 ] }, { "date": "2024-04-05", "close": 35.149639, "volume": 5942, "typical_volume": 9073.05, "trend": 32.014591, "fair_value": 27.637059, "relative_strength": 10.019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.456947, "energy": 28.895487, "activity_lines": [ 35.793468, 36.000696, 35.38082, 33.922412 ] }, { "date": "2024-04-12", "close": 34.975628, "volume": 3100, "typical_volume": 9076.05, "trend": 32.2002, "fair_value": 27.613492, "relative_strength": 9.068301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.034102, "energy": 23.769711, "activity_lines": [ 35.491853, 35.818778, 35.445037, 34.113447 ] }, { "date": "2024-04-19", "close": 33.496559, "volume": 6001, "typical_volume": 9211.25, "trend": 32.333606, "fair_value": 27.570765, "relative_strength": 4.296228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.253478, "energy": 15.144606, "activity_lines": [ 34.78422, 35.36952, 35.334003, 34.197083 ] }, { "date": "2024-04-26", "close": 35.58466, "volume": 5050, "typical_volume": 9090.55, "trend": 32.585918, "fair_value": 27.545295, "relative_strength": 9.609066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.04857, "energy": 15.586842, "activity_lines": [ 34.906027, 35.350538, 35.399049, 34.406829 ] }, { "date": "2024-05-03", "close": 36.4547, "volume": 6571, "typical_volume": 7894.6, "trend": 32.881732, "fair_value": 27.520563, "relative_strength": 10.153055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.006449, "energy": 15.290809, "activity_lines": [ 35.346847, 35.491327, 35.527484, 34.656427 ] }, { "date": "2024-05-10", "close": 37.933765, "volume": 7100, "typical_volume": 7812.55, "trend": 33.223948, "fair_value": 27.516926, "relative_strength": 10.741662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.373727, "energy": 33.227993, "activity_lines": [ 36.28069, 35.87889, 35.788496, 34.982365 ] }, { "date": "2024-05-17", "close": 37.994202, "volume": 12689, "typical_volume": 7240.85, "trend": 33.62328, "fair_value": 27.506902, "relative_strength": 8.230209, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.668992, "energy": 49.153874, "activity_lines": [ 37.04907, 36.280605, 36.029991, 35.290123 ] }, { "date": "2024-05-24", "close": 37.635765, "volume": 7660, "typical_volume": 7343.8, "trend": 34.042567, "fair_value": 27.492645, "relative_strength": 6.503128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.804855, "energy": 55.770372, "activity_lines": [ 37.496733, 36.585995, 36.22049, 35.548993 ] }, { "date": "2024-05-31", "close": 35.126717, "volume": 10727, "typical_volume": 7759.25, "trend": 34.314416, "fair_value": 27.456496, "relative_strength": 0.643859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.030588, "energy": 35.90188, "activity_lines": [ 36.832099, 36.39632, 36.151906, 35.618939 ] }, { "date": "2024-06-07", "close": 33.872189, "volume": 6780, "typical_volume": 7808.6, "trend": 34.553147, "fair_value": 27.419191, "relative_strength": -2.394739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.915344, "energy": 8.180992, "activity_lines": [ 35.779818, 35.994785, 35.956081, 35.590408 ] }, { "date": "2024-06-14", "close": 32.796879, "volume": 5015, "typical_volume": 7484.3, "trend": 34.729934, "fair_value": 27.382882, "relative_strength": -2.349546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.190088, "energy": 22.478796, "activity_lines": [ 34.541269, 35.444694, 35.658129, 35.4771 ] }, { "date": "2024-06-21", "close": 34.499451, "volume": 7721, "typical_volume": 7559.75, "trend": 34.954773, "fair_value": 27.353543, "relative_strength": 0.86682, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.054946, "energy": 22.870908, "activity_lines": [ 34.212702, 35.246938, 35.536015, 35.46223 ] }, { "date": "2024-06-28", "close": 36.202023, "volume": 7196, "typical_volume": 7475.55, "trend": 35.204462, "fair_value": 27.34991, "relative_strength": 4.976077, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.255115, "energy": 14.995971, "activity_lines": [ 34.684643, 35.367399, 35.578734, 35.542698 ] }, { "date": "2024-07-05", "close": 38.531857, "volume": 9042, "typical_volume": 7694.8, "trend": 35.439009, "fair_value": 27.354309, "relative_strength": 8.365694, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.008217, "energy": 20.628412, "activity_lines": [ 36.028778, 35.862276, 35.843715, 35.757369 ] }, { "date": "2024-07-12", "close": 38.9799, "volume": 9347, "typical_volume": 8003.35, "trend": 35.581185, "fair_value": 27.364045, "relative_strength": 9.349868, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.087605, "energy": 39.747174, "activity_lines": [ 37.295252, 36.385029, 36.137748, 35.985813 ] }, { "date": "2024-07-19", "close": 37.635765, "volume": 7216, "typical_volume": 7644.35, "trend": 35.748159, "fair_value": 27.37552, "relative_strength": 6.266452, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.350211, "energy": 44.148417, "activity_lines": [ 37.773166, 36.617482, 36.285942, 36.118367 ] }, { "date": "2024-07-26", "close": 39.159119, "volume": 8364, "typical_volume": 7778.15, "trend": 35.90501, "fair_value": 27.403663, "relative_strength": 10.290033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.109166, "energy": 63.777449, "activity_lines": [ 38.436273, 37.132326, 36.581466, 36.338429 ] }, { "date": "2024-08-02", "close": 37.277328, "volume": 11847, "typical_volume": 7620.6, "trend": 36.033936, "fair_value": 27.417278, "relative_strength": 9.025587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.279927, "energy": 55.867681, "activity_lines": [ 38.161471, 37.283847, 36.684065, 36.426965 ] }, { "date": "2024-08-09", "close": 36.560459, "volume": 9956, "typical_volume": 7551.9, "trend": 36.136066, "fair_value": 27.415942, "relative_strength": 5.642066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.330088, "energy": 28.234554, "activity_lines": [ 37.576026, 37.311544, 36.709915, 36.460935 ] }, { "date": "2024-08-16", "close": 37.546162, "volume": 5551, "typical_volume": 7643.75, "trend": 36.256552, "fair_value": 27.444594, "relative_strength": 6.290248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.60016, "energy": 22.285275, "activity_lines": [ 37.450576, 37.492392, 36.827068, 36.551909 ] }, { "date": "2024-08-23", "close": 37.546162, "volume": 7183, "typical_volume": 7705.8, "trend": 36.319035, "fair_value": 27.459776, "relative_strength": 4.247932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.370386, "energy": 16.560266, "activity_lines": [ 37.420707, 37.606441, 36.939022, 36.635109 ] }, { "date": "2024-08-30", "close": 35.672726, "volume": 9355, "typical_volume": 8018.55, "trend": 36.339372, "fair_value": 27.464944, "relative_strength": -2.105835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.368055, "energy": 13.110085, "activity_lines": [ 36.772334, 37.293514, 36.861142, 36.593412 ] }, { "date": "2024-09-06", "close": 33.852688, "volume": 7554, "typical_volume": 8096.2, "trend": 36.258438, "fair_value": 27.470418, "relative_strength": -3.312147, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.806524, "energy": 18.778101, "activity_lines": [ 35.749708, 36.628339, 36.606606, 36.432981 ] }, { "date": "2024-09-13", "close": 34.671703, "volume": 3558, "typical_volume": 8021.6, "trend": 36.225106, "fair_value": 27.495112, "relative_strength": -1.63477, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.938502, "energy": 32.546371, "activity_lines": [ 35.228395, 36.154791, 36.428375, 36.330611 ] }, { "date": "2024-09-20", "close": 35.672726, "volume": 10306, "typical_volume": 8208.35, "trend": 36.239642, "fair_value": 27.532209, "relative_strength": 0.745048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.15653, "energy": 31.415029, "activity_lines": [ 35.166675, 35.933432, 36.349827, 36.294973 ] }, { "date": "2024-09-27", "close": 37.40176, "volume": 6319, "typical_volume": 8169.3, "trend": 36.216109, "fair_value": 27.591365, "relative_strength": 4.401675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.538716, "energy": 12.368258, "activity_lines": [ 35.806194, 36.086573, 36.439673, 36.369949 ] }, { "date": "2024-10-04", "close": 37.037754, "volume": 9300, "typical_volume": 7999.85, "trend": 36.241344, "fair_value": 27.636713, "relative_strength": 4.201423, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.120663, "energy": 5.646219, "activity_lines": [ 36.334005, 36.177786, 36.497385, 36.422958 ] }, { "date": "2024-10-11", "close": 37.128754, "volume": 4908, "typical_volume": 7862.25, "trend": 36.295714, "fair_value": 27.700605, "relative_strength": 3.99661, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.989338, "energy": 21.896101, "activity_lines": [ 36.801148, 36.324115, 36.568318, 36.48021 ] }, { "date": "2024-10-18", "close": 38.038773, "volume": 10262, "typical_volume": 7839.0, "trend": 36.363017, "fair_value": 27.750374, "relative_strength": 5.779299, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.496831, "energy": 31.85862, "activity_lines": [ 37.353226, 36.638603, 36.728334, 36.592666 ] }, { "date": "2024-10-25", "close": 34.307697, "volume": 4896, "typical_volume": 7744.8, "trend": 36.29145, "fair_value": 27.769741, "relative_strength": -3.656085, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.195132, "energy": 6.264871, "activity_lines": [ 36.43714, 36.247835, 36.519142, 36.460064 ] }, { "date": "2024-11-01", "close": 34.398697, "volume": 5562, "typical_volume": 7772.15, "trend": 36.266419, "fair_value": 27.795179, "relative_strength": -2.150013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.391988, "energy": 23.936879, "activity_lines": [ 35.64239, 35.932494, 36.316544, 36.337951 ] }, { "date": "2024-11-08", "close": 34.762707, "volume": 12675, "typical_volume": 8019.85, "trend": 36.259322, "fair_value": 27.822951, "relative_strength": -1.99024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.426281, "energy": 43.305799, "activity_lines": [ 35.169181, 35.740562, 36.140985, 36.240938 ] }, { "date": "2024-11-15", "close": 34.307697, "volume": 7042, "typical_volume": 8012.15, "trend": 36.28636, "fair_value": 27.843814, "relative_strength": -3.660462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.824341, "energy": 53.376168, "activity_lines": [ 34.695971, 35.482448, 35.920838, 36.115026 ] }, { "date": "2024-11-22", "close": 34.307697, "volume": 7898, "typical_volume": 7954.95, "trend": 36.243794, "fair_value": 27.880143, "relative_strength": -3.246981, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.909417, "energy": 57.566741, "activity_lines": [ 34.410832, 35.216061, 35.709712, 35.987371 ] }, { "date": "2024-11-29", "close": 33.761688, "volume": 5813, "typical_volume": 7778.25, "trend": 36.154027, "fair_value": 27.916963, "relative_strength": -5.125314, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.692674, "energy": 59.579557, "activity_lines": [ 34.192429, 34.857018, 35.4667, 35.827235 ] }, { "date": "2024-12-06", "close": 35.126713, "volume": 13813, "typical_volume": 8108.1, "trend": 36.060459, "fair_value": 27.96403, "relative_strength": -2.572343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.692648, "energy": 42.796499, "activity_lines": [ 34.465434, 34.780907, 35.378539, 35.760957 ] }, { "date": "2024-12-13", "close": 34.034691, "volume": 10549, "typical_volume": 8217.35, "trend": 35.928475, "fair_value": 27.995616, "relative_strength": -7.08907, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.07028, "energy": 36.769664, "activity_lines": [ 34.325897, 34.547611, 35.198324, 35.630262 ] }, { "date": "2024-12-20", "close": 34.216694, "volume": 6788, "typical_volume": 7964.4, "trend": 35.814506, "fair_value": 28.021384, "relative_strength": -5.067987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.167531, "energy": 34.214645, "activity_lines": [ 34.295563, 34.402008, 35.059844, 35.519824 ] }, { "date": "2024-12-27", "close": 35.30872, "volume": 16905, "typical_volume": 8311.85, "trend": 35.820573, "fair_value": 28.051658, "relative_strength": -3.086381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.233035, "energy": 21.819591, "activity_lines": [ 34.635304, 34.507901, 35.039942, 35.487193 ] }, { "date": "2025-01-03", "close": 35.854733, "volume": 1332, "typical_volume": 8100.9, "trend": 35.886657, "fair_value": 28.066972, "relative_strength": -2.151951, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.118182, "energy": 13.834573, "activity_lines": [ 35.090315, 34.762707, 35.078001, 35.489397 ] }, { "date": "2025-01-10", "close": 35.217716, "volume": 5862, "typical_volume": 8034.85, "trend": 35.967352, "fair_value": 28.076707, "relative_strength": -3.868837, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.803903, "energy": 16.796126, "activity_lines": [ 35.19345, 34.873564, 35.063446, 35.446239 ] }, { "date": "2025-01-17", "close": 36.764748, "volume": 5705, "typical_volume": 7852.35, "trend": 36.042862, "fair_value": 28.093864, "relative_strength": -2.991795, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.748855, "energy": 13.134948, "activity_lines": [ 35.806196, 35.250808, 35.207316, 35.497684 ] }, { "date": "2025-01-24", "close": 37.310757, "volume": 4098, "typical_volume": 7679.55, "trend": 36.07982, "fair_value": 28.129987, "relative_strength": -3.092639, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.228955, "energy": 33.516552, "activity_lines": [ 36.418941, 35.690926, 35.397986, 35.579484 ] }, { "date": "2025-01-31", "close": 38.038773, "volume": 6670, "typical_volume": 7835.15, "trend": 36.063384, "fair_value": 28.172273, "relative_strength": -1.626328, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.336103, "energy": 50.771695, "activity_lines": [ 37.068087, 36.208809, 35.641525, 35.705868 ] }, { "date": "2025-02-07", "close": 39.403801, "volume": 9589, "typical_volume": 7799.3, "trend": 36.077514, "fair_value": 28.212334, "relative_strength": 1.633794, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.132299, "energy": 68.783791, "activity_lines": [ 37.990239, 36.907041, 35.999032, 35.921379 ] }, { "date": "2025-02-14", "close": 40.859833, "volume": 9270, "typical_volume": 7946.85, "trend": 36.184983, "fair_value": 28.276695, "relative_strength": 0.203344, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.052218, "energy": 87.132624, "activity_lines": [ 39.16113, 37.767423, 36.477442, 36.229916 ] }, { "date": "2025-02-21", "close": 40.768829, "volume": 58119, "typical_volume": 10387.8, "trend": 36.23864, "fair_value": 28.358432, "relative_strength": 0.91119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.703715, "energy": 88.180051, "activity_lines": [ 39.925546, 38.50702, 36.930718, 36.525648 ] }, { "date": "2025-02-28", "close": 36.673748, "volume": 6040, "typical_volume": 10444.4, "trend": 36.21852, "fair_value": 28.438365, "relative_strength": -10.9769, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.654071, "energy": 66.216711, "activity_lines": [ 39.057995, 38.379617, 36.976219, 36.553719 ] }, { "date": "2025-03-07", "close": 39.312801, "volume": 23407, "typical_volume": 11101.65, "trend": 36.310265, "fair_value": 28.530226, "relative_strength": -7.463552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.863146, "energy": 45.735399, "activity_lines": [ 39.112597, 38.687369, 37.275225, 36.75335 ] }, { "date": "2025-03-14", "close": 36.855751, "volume": 15718, "typical_volume": 11642.75, "trend": 36.287251, "fair_value": 28.610827, "relative_strength": -13.080929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.511526, "energy": 24.708376, "activity_lines": [ 38.263246, 38.475583, 37.33416, 36.788543 ] }, { "date": "2025-03-21", "close": 36.036732, "volume": 12433, "typical_volume": 11986.3, "trend": 36.236937, "fair_value": 28.691166, "relative_strength": -13.941225, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.017338, "energy": 19.933924, "activity_lines": [ 37.310759, 38.096684, 37.302959, 36.77238 ] }, { "date": "2025-03-28", "close": 34.944714, "volume": 9405, "typical_volume": 11822.8, "trend": 36.21267, "fair_value": 28.763508, "relative_strength": -14.551584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.08236, "energy": 17.019805, "activity_lines": [ 36.315807, 37.504346, 37.159956, 36.689011 ] }, { "date": "2025-04-04", "close": 27.755564, "volume": 24510, "typical_volume": 12696.2, "trend": 36.009432, "fair_value": 28.797249, "relative_strength": -24.311005, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.11405, "energy": 45.218187, "activity_lines": [ 33.312745, 35.63798, 36.331406, 36.143391 ] }, { "date": "2025-04-11", "close": 30.667625, "volume": 12074, "typical_volume": 12905.0, "trend": 35.875963, "fair_value": 28.846663, "relative_strength": -15.055002, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.887917, "energy": 67.007533, "activity_lines": [ 31.874916, 34.474811, 35.811396, 35.798759 ] }, { "date": "2025-04-18", "close": 31.395638, "volume": 4020, "typical_volume": 12815.35, "trend": 35.733394, "fair_value": 28.900744, "relative_strength": -17.239233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.94059, "energy": 72.625249, "activity_lines": [ 31.256103, 33.578029, 35.378053, 35.509705 ] }, { "date": "2025-04-25", "close": 33.215675, "volume": 2206, "typical_volume": 12235.0, "trend": 35.593857, "fair_value": 28.970982, "relative_strength": -15.266844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.940073, "energy": 68.492533, "activity_lines": [ 31.607976, 33.157766, 35.129315, 35.347272 ] }, { "date": "2025-05-02", "close": 33.761688, "volume": 2473, "typical_volume": 11831.2, "trend": 35.484655, "fair_value": 29.052703, "relative_strength": -14.763594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.95444, "energy": 39.13039, "activity_lines": [ 32.329925, 32.975762, 34.941678, 35.229067 ] }, { "date": "2025-05-09", "close": 32.305656, "volume": 42229, "typical_volume": 13603.25, "trend": 35.323885, "fair_value": 29.115112, "relative_strength": -21.607501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.893391, "energy": 31.77136, "activity_lines": [ 32.645397, 32.656428, 34.616671, 35.023971 ] }, { "date": "2025-05-16", "close": 35.945728, "volume": 5098, "typical_volume": 13012.9, "trend": 35.254117, "fair_value": 29.201353, "relative_strength": -14.929969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.951439, "energy": 16.62165, "activity_lines": [ 33.870888, 33.078345, 34.647438, 35.06409 ] }, { "date": "2025-05-23", "close": 31.850647, "volume": 25878, "typical_volume": 14240.2, "trend": 35.172215, "fair_value": 29.258779, "relative_strength": -23.254386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.683363, "energy": 19.063576, "activity_lines": [ 33.379478, 32.816921, 34.285164, 34.844511 ] }, { "date": "2025-05-30", "close": 31.379486, "volume": 11947, "typical_volume": 14544.45, "trend": 35.071575, "fair_value": 29.304917, "relative_strength": -24.756215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.995424, "energy": 24.40143, "activity_lines": [ 32.70068, 32.560834, 33.897084, 34.599819 ] }, { "date": "2025-06-06", "close": 32.039116, "volume": 9149, "typical_volume": 14716.65, "trend": 34.980789, "fair_value": 29.351149, "relative_strength": -23.235425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.936513, "energy": 28.016263, "activity_lines": [ 32.364172, 32.509357, 33.590104, 34.404176 ] }, { "date": "2025-06-13", "close": 31.002554, "volume": 16988, "typical_volume": 15361.15, "trend": 34.870617, "fair_value": 29.405722, "relative_strength": -23.779674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.312928, "energy": 45.244222, "activity_lines": [ 31.796981, 32.322242, 33.206907, 34.147516 ] }, { "date": "2025-06-20", "close": 30.154459, "volume": 10687, "typical_volume": 15562.0, "trend": 34.732176, "fair_value": 29.475526, "relative_strength": -25.106995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.545769, "energy": 54.537314, "activity_lines": [ 31.033965, 31.921893, 32.772977, 33.843248 ] }, { "date": "2025-06-27", "close": 32.887211, "volume": 13888, "typical_volume": 15776.95, "trend": 34.703027, "fair_value": 29.566465, "relative_strength": -19.445246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.526917, "energy": 36.989046, "activity_lines": [ 31.567951, 32.027738, 32.636854, 33.724218 ] }, { "date": "2025-07-04", "close": 32.792973, "volume": 6995, "typical_volume": 15663.2, "trend": 34.625235, "fair_value": 29.65835, "relative_strength": -18.549881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.541893, "energy": 29.339467, "activity_lines": [ 32.001421, 32.089329, 32.522787, 33.600988 ] }, { "date": "2025-07-11", "close": 33.358372, "volume": 6999, "typical_volume": 13107.2, "trend": 34.602691, "fair_value": 29.75541, "relative_strength": -18.446867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.275634, "energy": 19.143939, "activity_lines": [ 32.529124, 32.261405, 32.500982, 33.519255 ] }, { "date": "2025-07-18", "close": 32.792973, "volume": 16874, "typical_volume": 13648.9, "trend": 34.555234, "fair_value": 29.840061, "relative_strength": -19.370605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.306945, "energy": 18.689836, "activity_lines": [ 32.78041, 32.338015, 32.460617, 33.402499 ] }, { "date": "2025-07-25", "close": 31.850647, "volume": 9152, "typical_volume": 12936.15, "trend": 34.439965, "fair_value": 29.90162, "relative_strength": -22.620119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.527348, "energy": 17.443361, "activity_lines": [ 32.598227, 32.234432, 32.348986, 33.22801 ] }, { "date": "2025-08-01", "close": 24.783195, "volume": 72283, "typical_volume": 15764.4, "trend": 34.070914, "fair_value": 29.936476, "relative_strength": -37.522292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.3821, "energy": 61.945959, "activity_lines": [ 29.947147, 30.920314, 31.599799, 32.604992 ] }, { "date": "2025-08-08", "close": 24.312033, "volume": 52186, "typical_volume": 17752.05, "trend": 33.707391, "fair_value": 29.968313, "relative_strength": -41.487284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.281609, "energy": 83.035733, "activity_lines": [ 27.67928, 29.649029, 30.863228, 31.975387 ] }, { "date": "2025-08-15", "close": 24.312033, "volume": 35573, "typical_volume": 19060.45, "trend": 33.2923, "fair_value": 30.001182, "relative_strength": -42.328481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.916188, "energy": 89.505812, "activity_lines": [ 25.97681, 28.506244, 30.182488, 31.369235 ] }, { "date": "2025-08-22", "close": 24.500498, "volume": 33875, "typical_volume": 19528.7, "trend": 32.865292, "fair_value": 30.045137, "relative_strength": -40.489488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.517661, "energy": 89.829753, "activity_lines": [ 24.940251, 27.538217, 29.57033, 30.802022 ] }, { "date": "2025-08-29", "close": 23.165218, "volume": 35952, "typical_volume": 20722.6, "trend": 32.369507, "fair_value": 30.080531, "relative_strength": -41.036879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.887124, "energy": 91.376706, "activity_lines": [ 24.011429, 26.445631, 28.846502, 30.176211 ] }, { "date": "2025-09-05", "close": 23.647827, "volume": 86235, "typical_volume": 24833.35, "trend": 31.844307, "fair_value": 30.11532, "relative_strength": -38.995481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.77393, "energy": 87.485561, "activity_lines": [ 23.822507, 25.56787, 28.204362, 29.613522 ] }, { "date": "2025-09-12", "close": 22.972174, "volume": 40445, "typical_volume": 26745.3, "trend": 31.248052, "fair_value": 30.149477, "relative_strength": -40.748175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.637286, "energy": 79.41485, "activity_lines": [ 23.484057, 24.735251, 27.534769, 29.041126 ] }, { "date": "2025-09-19", "close": 22.68261, "volume": 37872, "typical_volume": 28515.25, "trend": 30.645178, "fair_value": 30.184421, "relative_strength": -40.571041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.781983, "energy": 67.194164, "activity_lines": [ 23.138411, 24.028544, 26.886378, 28.488517 ] }, { "date": "2025-09-26", "close": 22.393045, "volume": 17213, "typical_volume": 27264.45, "trend": 30.169155, "fair_value": 30.225436, "relative_strength": -40.901497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.449883, "energy": 66.541766, "activity_lines": [ 22.804871, 23.463294, 26.263166, 27.956121 ] }, { "date": "2025-10-03", "close": 22.972174, "volume": 15306, "typical_volume": 27774.85, "trend": 29.624467, "fair_value": 30.27122, "relative_strength": -39.908871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.992687, "energy": 62.417579, "activity_lines": [ 22.80487, 23.19243, 25.742312, 27.4918 ] }, { "date": "2025-10-10", "close": 22.489565, "volume": 33749, "typical_volume": 28168.4, "trend": 29.145594, "fair_value": 30.316025, "relative_strength": -39.243075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.234505, "energy": 60.880783, "activity_lines": [ 22.65687, 22.995245, 25.237274, 27.031484 ] }, { "date": "2025-10-17", "close": 22.006956, "volume": 23990, "typical_volume": 28770.55, "trend": 28.677935, "fair_value": 30.356679, "relative_strength": -38.553586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.598583, "energy": 60.125439, "activity_lines": [ 22.425217, 22.752016, 24.73085, 26.570926 ] }, { "date": "2025-10-24", "close": 23.26174, "volume": 17849, "typical_volume": 29205.55, "trend": 28.288503, "fair_value": 30.392164, "relative_strength": -35.546042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.039544, "energy": 50.538202, "activity_lines": [ 22.676174, 22.77884, 24.38856, 26.221494 ] }, { "date": "2025-10-31", "close": 23.358263, "volume": 43962, "typical_volume": 30554.25, "trend": 28.141926, "fair_value": 30.422454, "relative_strength": -36.41564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.914333, "energy": 48.697166, "activity_lines": [ 22.920696, 22.842309, 24.09726, 25.903414 ] }, { "date": "2025-11-07", "close": 22.200001, "volume": 14686, "typical_volume": 30754.2, "trend": 27.859672, "fair_value": 30.42735, "relative_strength": -38.084162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.203203, "energy": 53.028699, "activity_lines": [ 22.714784, 22.715953, 23.732051, 25.520064 ] }, { "date": "2025-11-14", "close": 25.578262, "volume": 38570, "typical_volume": 31988.3, "trend": 27.665759, "fair_value": 30.453902, "relative_strength": -29.331528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.872494, "energy": 24.929926, "activity_lines": [ 23.686436, 23.221376, 23.726459, 25.372877 ] }, { "date": "2025-11-21", "close": 26.543478, "volume": 13440, "typical_volume": 32310.55, "trend": 27.443353, "fair_value": 30.481356, "relative_strength": -24.873732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.575616, "energy": 14.415995, "activity_lines": [ 24.773914, 23.867194, 23.847597, 25.300471 ] }, { "date": "2025-11-28", "close": 26.929565, "volume": 28455, "typical_volume": 33383.35, "trend": 27.215615, "fair_value": 30.51657, "relative_strength": -26.337712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.344738, "energy": 25.154039, "activity_lines": [ 25.687653, 24.518277, 24.035265, 25.267324 ] }, { "date": "2025-12-05", "close": 28.280869, "volume": 15203, "typical_volume": 33299.8, "trend": 27.081456, "fair_value": 30.550404, "relative_strength": -22.877104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 22.225022, "energy": 39.664452, "activity_lines": [ 26.807304, 25.337834, 24.382242, 25.33605 ] }, { "date": "2025-12-12", "close": 28.956522, "volume": 9087, "typical_volume": 33296.55, "trend": 26.848482, "fair_value": 30.609182, "relative_strength": -20.591094, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.434375, "energy": 68.442621, "activity_lines": [ 27.824, 26.173186, 24.815053, 25.457022 ] }, { "date": "2025-12-19", "close": 29.439131, "volume": 23861, "typical_volume": 30875.45, "trend": 26.768098, "fair_value": 30.665767, "relative_strength": -20.45737, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.490662, "energy": 73.62759, "activity_lines": [ 28.551131, 26.987479, 25.307608, 25.62416 ] }, { "date": "2025-12-26", "close": 29.92174, "volume": 10720, "typical_volume": 28802.15, "trend": 26.719507, "fair_value": 30.72069, "relative_strength": -18.456142, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.452727, "energy": 74.467307, "activity_lines": [ 29.18174, 27.763162, 25.823955, 25.827621 ] }, { "date": "2026-01-02", "close": 30.307827, "volume": 14782, "typical_volume": 27762.6, "trend": 26.661797, "fair_value": 30.76699, "relative_strength": -18.080732, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.248521, "energy": 76.359808, "activity_lines": [ 29.715827, 28.465139, 26.350359, 26.059126 ] }, { "date": "2026-01-09", "close": 30.211304, "volume": 7057, "typical_volume": 26421.7, "trend": 26.635422, "fair_value": 30.811085, "relative_strength": -18.197416, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.020266, "energy": 69.014963, "activity_lines": [ 29.992522, 29.021455, 26.839019, 26.288126 ] }, { "date": "2026-01-16", "close": 30.597393, "volume": 9713, "typical_volume": 25109.75, "trend": 26.650187, "fair_value": 30.855012, "relative_strength": -17.205681, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.12574, "energy": 64.961177, "activity_lines": [ 30.269218, 29.523368, 27.337255, 26.543737 ] }, { "date": "2026-01-23", "close": 31.466085, "volume": 21594, "typical_volume": 21877.7, "trend": 26.602816, "fair_value": 30.891824, "relative_strength": -14.636062, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.284092, "energy": 68.981454, "activity_lines": [ 30.726087, 30.030546, 27.882833, 26.85444 ] }, { "date": "2026-01-30", "close": 30.404348, "volume": 12449, "typical_volume": 20477.9, "trend": 26.523195, "fair_value": 30.912317, "relative_strength": -17.731312, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.652866, "energy": 57.162455, "activity_lines": [ 30.693913, 30.237629, 28.290062, 27.0997 ] }, { "date": "2026-02-06", "close": 31.466085, "volume": 15882, "typical_volume": 19378.4, "trend": 26.460119, "fair_value": 30.951243, "relative_strength": -14.623408, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.013743, "energy": 57.729063, "activity_lines": [ 30.983477, 30.567557, 28.763019, 27.418597 ] }, { "date": "2026-02-13", "close": 33.879131, "volume": 18446, "typical_volume": 19440.05, "trend": 26.496324, "fair_value": 31.007222, "relative_strength": -6.271265, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.456923, "energy": 76.95257, "activity_lines": [ 32.000173, 31.253739, 29.423963, 27.897243 ] }, { "date": "2026-02-20", "close": 35.230434, "volume": 24744, "typical_volume": 19911.95, "trend": 26.608984, "fair_value": 31.071864, "relative_strength": -4.491737, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.633397, "energy": 87.800251, "activity_lines": [ 33.222782, 32.083826, 30.158907, 28.460733 ] }, { "date": "2026-02-27", "close": 36.871307, "volume": 24963, "typical_volume": 19472.65, "trend": 27.011921, "fair_value": 31.14861, "relative_strength": 2.547556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.971278, "energy": 94.913946, "activity_lines": [ 34.683479, 33.098182, 30.991752, 29.122819 ] }, { "date": "2026-03-06", "close": 28.570436, "volume": 55094, "typical_volume": 21027.85, "trend": 27.153867, "fair_value": 31.186414, "relative_strength": -15.15363, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.171354, "energy": 52.632957, "activity_lines": [ 33.01687, 32.468158, 30.965553, 29.223368 ] }, { "date": "2026-03-13", "close": 27.026087, "volume": 36463, "typical_volume": 21958.55, "trend": 27.244336, "fair_value": 31.225947, "relative_strength": -16.711888, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.232664, "energy": 22.073544, "activity_lines": [ 30.95774, 31.581913, 30.761019, 29.215124 ] }, { "date": "2026-03-20", "close": 25.964348, "volume": 54233, "typical_volume": 22472.1, "trend": 27.293131, "fair_value": 31.260258, "relative_strength": -18.047723, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.393159, "energy": 19.484807, "activity_lines": [ 28.840696, 30.562293, 30.437441, 29.132544 ] }, { "date": "2026-03-27", "close": 26.446957, "volume": 23338, "typical_volume": 22904.7, "trend": 27.402522, "fair_value": 31.296078, "relative_strength": -16.848991, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.667163, "energy": 33.559318, "activity_lines": [ 27.412174, 29.707637, 30.147416, 29.077953 ] }, { "date": "2026-04-03", "close": 26.929565, "volume": 16895, "typical_volume": 21820.95, "trend": 27.511913, "fair_value": 31.337634, "relative_strength": -17.585325, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.953272, "energy": 39.119652, "activity_lines": [ 26.730087, 29.01619, 29.883131, 29.047439 ] }, { "date": "2026-04-10", "close": 29.439131, "volume": 17585, "typical_volume": 22028.2, "trend": 27.727479, "fair_value": 31.389463, "relative_strength": -14.551588, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.97006, "energy": 29.313199, "activity_lines": [ 27.547305, 28.86351, 29.851416, 29.171776 ] }, { "date": "2026-04-17", "close": 31.080002, "volume": 31922, "typical_volume": 22201.55, "trend": 28.007392, "fair_value": 31.455511, "relative_strength": -11.162337, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.697662, "energy": 13.729834, "activity_lines": [ 28.853566, 29.02672, 29.962187, 29.388068 ] }, { "date": "2026-04-24", "close": 30.307827, "volume": 24705, "typical_volume": 22676.65, "trend": 28.271218, "fair_value": 31.515551, "relative_strength": -9.436766, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.527738, "energy": 18.066932, "activity_lines": [ 29.632175, 29.056554, 29.979653, 29.536483 ] }, { "date": "2026-05-01", "close": 29.728695, "volume": 10134, "typical_volume": 22729.0, "trend": 28.496435, "fair_value": 31.568179, "relative_strength": -10.891033, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.093686, "energy": 23.113659, "activity_lines": [ 29.928174, 29.046024, 29.932311, 29.630514 ] }, { "date": "2026-05-08", "close": 31.273046, "volume": 25247, "typical_volume": 22798.3, "trend": 28.789218, "fair_value": 31.639164, "relative_strength": -7.00222, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.366134, "energy": 28.52046, "activity_lines": [ 30.520175, 29.416317, 30.028373, 29.80965 ] }, { "date": "2026-05-15", "close": 29.439131, "volume": 19710, "typical_volume": 23247.8, "trend": 29.036957, "fair_value": 31.694693, "relative_strength": -11.182418, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 31.483124, "energy": 18.994651, "activity_lines": [ 30.211305, 29.554957, 29.941044, 29.85158 ] }, { "date": "2026-05-22", "close": 31.369566, "volume": 11725, "typical_volume": 23094.95, "trend": 29.307218, "fair_value": 31.769467, "relative_strength": -6.659181, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.269596, "energy": 22.539497, "activity_lines": [ 30.545914, 30.028791, 30.039864, 30.002071 ] }, { "date": "2026-05-29", "close": 34.299999, "volume": 31270, "typical_volume": 24305.6, "trend": 29.671942, "fair_value": 31.831315, "relative_strength": -0.180817, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.508505, "energy": 47.731535, "activity_lines": [ 31.838029, 30.956459, 30.412717, 30.324186 ] }, { "date": "2026-06-05", "close": 33.0, "volume": 482, "typical_volume": 23844.05, "trend": 30.031942, "fair_value": 31.878918, "relative_strength": -2.345441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.753006, "energy": 55.579548, "activity_lines": [ 32.430667, 31.496206, 30.64229, 30.538899 ] }, { "date": "2026-06-12", "close": 33.200001, "volume": 5097, "typical_volume": 23019.2, "trend": 30.286, "fair_value": 31.920675, "relative_strength": -3.889756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.905151, "energy": 65.331816, "activity_lines": [ 32.871884, 31.95317, 30.879471, 30.74329 ] }, { "date": "2026-06-19", "close": 33.599998, "volume": 493, "typical_volume": 22421.4, "trend": 30.521218, "fair_value": 31.968834, "relative_strength": -6.146776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.878416, "energy": 68.853462, "activity_lines": [ 33.317971, 32.368854, 31.146489, 30.957096 ] }, { "date": "2026-06-26", "close": 32.700001, "volume": 2289, "typical_volume": 21741.75, "trend": 30.713566, "fair_value": 32.008483, "relative_strength": -6.160201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.193734, "energy": 59.375296, "activity_lines": [ 33.186667, 32.545249, 31.312576, 31.097663 ] }, { "date": "2026-07-03", "close": 33.299999, "volume": 288, "typical_volume": 20833.85, "trend": 30.88087, "fair_value": 32.049236, "relative_strength": -5.962879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.707316, "energy": 48.450316, "activity_lines": [ 33.166666, 32.801281, 31.52993, 31.264529 ] }, { "date": "2026-07-10", "close": 32.400002, "volume": 6742, "typical_volume": 19933.75, "trend": 30.995653, "fair_value": 32.075448, "relative_strength": -6.546566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.571593, "energy": 35.169837, "activity_lines": [ 32.913334, 32.839273, 31.664328, 31.362538 ] }, { "date": "2026-07-17", "close": 34.700001, "volume": 9194, "typical_volume": 19145.3, "trend": 31.171015, "fair_value": 32.116403, "relative_strength": 2.660692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.325869, "energy": 42.139029, "activity_lines": [ 33.466667, 33.246878, 32.031251, 31.601528 ] }, { "date": "2026-07-24", "close": 34.099998, "volume": 6609, "typical_volume": 16721.05, "trend": 31.31029, "fair_value": 32.14145, "relative_strength": 0.07251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.61792, "energy": 40.982636, "activity_lines": [ 33.72, 33.483083, 32.351371, 31.790495 ] }, { "date": "2026-07-31", "close": 33.400002, "volume": 17599, "typical_volume": 15777.85, "trend": 31.413363, "fair_value": 32.164203, "relative_strength": -1.873842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.659702, "energy": 37.096293, "activity_lines": [ 33.706667, 33.507273, 32.578493, 31.925315 ] }, { "date": "2026-08-07", "close": 36.200001, "volume": 18410, "typical_volume": 13986.7, "trend": 31.612986, "fair_value": 32.213677, "relative_strength": 3.128358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.036867, "energy": 63.68571, "activity_lines": [ 34.580001, 34.003637, 33.04193, 32.23413 ] } ], "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." } } }