{ "ticker": { "uuid": "77489510-c39a-4979-ae5a-78e3df8abde4", "symbol": "8059", "name": "CastleNet Technology Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -76.096, "architecture_energy": 77.434, "architecture_maturity": 34.673, "architecture_confidence": 87.829, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 1.38, "rotation_up": 13.79, "upward_expansion": 17.14, "deceleration": 38.25, "rotation_down": 76.1, "downward_expansion": 95.14 }, "activity_lines": [ 14.756667, 15.357273, 16.769047, 17.469247 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 14.1, "trend_reference": 18.393333, "distance_from_trend": -0.233418, "trend_direction": "Weakening", "fair_value": 25.888462, "distance_from_fair_value": -0.455356, "fair_value_direction": "Weakening", "relative_strength": -52.852041, "relative_strength_direction": "Weakening", "price_momentum": -0.293233, "excess_performance": -0.734605, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.233418, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.072683, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.455356, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.177946, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.52852, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009126, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.293233, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.688141, "read": "Supply-led" } ], "volume": { "latest": 1147078, "relative_activity": 0.518039, "balance": 0.688141, "dry_up": 0.353779, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.116203, "annualized_volatility": 0.509151, "from_high_reference": -0.570776, "from_low_reference": 0.014388 }, "levels": { "trend_reference": 18.393333, "fair_value_reference": 25.888462, "structural_low": 13.9, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.013968, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": 0.007441, "regime_survival": 0.727273, "best_return": 0.390909, "worst_return": -0.271845, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.06681, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.121078, "regime_survival": 0.333333, "best_return": 1.044281, "worst_return": -0.166667, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.223545, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.116643, "regime_survival": 0.333333, "best_return": 0.940959, "worst_return": -0.304348, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.004902, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.159717, "regime_survival": 0.333333, "best_return": 0.755922, "worst_return": -0.017199, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-04-05", "tenure": "Established", "return": 0.278557, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-17", "tenure": "Developing", "return": -0.219396, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-24", "end": "2024-05-31", "tenure": "New", "return": 0.131783, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-07", "end": "2024-06-28", "tenure": "New", "return": 0.118705, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-05", "end": "2024-08-02", "tenure": "Developing", "return": -0.128986, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-10-11", "tenure": "Developing", "return": 0.120635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-17", "tenure": "Established", "return": -0.082251, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.159021, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.690418, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": -0.095425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": -0.264264, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2026-05-01", "tenure": "Extended", "return": -0.141667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-06-19", "tenure": "Developing", "return": -0.167883, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-14", "tenure": "Developing", "return": -0.140244, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 13.6, "volume": 1908000, "typical_volume": 4988950.0, "trend": 13.436667, "fair_value": 11.380513, "relative_strength": 5.684629, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.036626, "energy": 9.242456, "activity_lines": [ 14.88, 15.362727, 15.384286, 14.637591 ] }, { "date": "2023-08-18", "close": 13.75, "volume": 1013000, "typical_volume": 5006450.0, "trend": 13.568333, "fair_value": 11.377949, "relative_strength": 7.902627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.263869, "energy": 15.648075, "activity_lines": [ 14.37, 15.003636, 15.278333, 14.657806 ] }, { "date": "2023-08-25", "close": 14.05, "volume": 801000, "typical_volume": 5038950.0, "trend": 13.714667, "fair_value": 11.382115, "relative_strength": 9.185729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.583082, "energy": 19.125903, "activity_lines": [ 14.116667, 14.752727, 15.193571, 14.688882 ] }, { "date": "2023-09-01", "close": 14.5, "volume": 713000, "typical_volume": 5011700.0, "trend": 13.859667, "fair_value": 11.388846, "relative_strength": 11.118346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.276187, "energy": 19.788477, "activity_lines": [ 14.15, 14.633636, 15.143095, 14.739548 ] }, { "date": "2023-09-08", "close": 14.8, "volume": 544000, "typical_volume": 4658350.0, "trend": 14.02, "fair_value": 11.393974, "relative_strength": 13.395855, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.25407, "energy": 19.679108, "activity_lines": [ 14.35, 14.592727, 15.112619, 14.800215 ] }, { "date": "2023-09-15", "close": 14.55, "volume": 487000, "typical_volume": 4612650.0, "trend": 14.163333, "fair_value": 11.394295, "relative_strength": 8.827144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.484327, "energy": 9.129271, "activity_lines": [ 14.486667, 14.522727, 15.053571, 14.834409 ] }, { "date": "2023-09-22", "close": 14.5, "volume": 333000, "typical_volume": 4603800.0, "trend": 14.295, "fair_value": 11.402308, "relative_strength": 11.826084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.477271, "energy": 11.166586, "activity_lines": [ 14.543333, 14.467273, 14.985476, 14.856129 ] }, { "date": "2023-09-29", "close": 14.4, "volume": 333000, "typical_volume": 4476000.0, "trend": 14.416667, "fair_value": 11.410641, "relative_strength": 10.606159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.511612, "energy": 10.343692, "activity_lines": [ 14.516667, 14.422727, 14.902857, 14.862903 ] }, { "date": "2023-10-06", "close": 14.6, "volume": 463000, "typical_volume": 4407300.0, "trend": 14.545, "fair_value": 11.417692, "relative_strength": 10.618988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.811312, "energy": 7.52917, "activity_lines": [ 14.533333, 14.445455, 14.835714, 14.874731 ] }, { "date": "2023-10-13", "close": 13.8, "volume": 510000, "typical_volume": 3765800.0, "trend": 14.62, "fair_value": 11.421538, "relative_strength": 2.696774, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.293098, "energy": 24.016127, "activity_lines": [ 14.276667, 14.339091, 14.690476, 14.826667 ] }, { "date": "2023-10-20", "close": 13.65, "volume": 462000, "typical_volume": 2483450.0, "trend": 14.661667, "fair_value": 11.422821, "relative_strength": 3.476898, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.376929, "energy": 42.096662, "activity_lines": [ 14.036667, 14.229091, 14.540714, 14.764086 ] }, { "date": "2023-10-27", "close": 13.55, "volume": 274000, "typical_volume": 2100000.0, "trend": 14.706667, "fair_value": 11.424103, "relative_strength": 4.471197, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.507957, "energy": 60.387473, "activity_lines": [ 13.823333, 14.1, 14.403333, 14.692366 ] }, { "date": "2023-11-03", "close": 13.9, "volume": 428000, "typical_volume": 1828050.0, "trend": 14.761667, "fair_value": 11.42891, "relative_strength": 4.445386, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.147918, "energy": 61.049295, "activity_lines": [ 13.79, 14.038182, 14.314286, 14.640323 ] }, { "date": "2023-11-10", "close": 13.6, "volume": 445000, "typical_volume": 1736250.0, "trend": 14.791667, "fair_value": 11.431154, "relative_strength": 0.910343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.77688, "energy": 63.640451, "activity_lines": [ 13.69, 13.924545, 14.210476, 14.565376 ] }, { "date": "2023-11-17", "close": 14.1, "volume": 335000, "typical_volume": 1585200.0, "trend": 14.801667, "fair_value": 11.439487, "relative_strength": 1.089776, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.658015, "energy": 42.904307, "activity_lines": [ 13.823333, 13.918182, 14.164762, 14.520753 ] }, { "date": "2023-11-24", "close": 14.3, "volume": 775000, "typical_volume": 1504400.0, "trend": 14.823333, "fair_value": 11.448462, "relative_strength": 1.628005, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.198438, "energy": 24.331128, "activity_lines": [ 14.003333, 13.960909, 14.145714, 14.488387 ] }, { "date": "2023-12-01", "close": 14.15, "volume": 552000, "typical_volume": 1372750.0, "trend": 14.846667, "fair_value": 11.458077, "relative_strength": -0.713432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.210272, "energy": 19.866286, "activity_lines": [ 14.09, 13.980909, 14.119762, 14.444946 ] }, { "date": "2023-12-08", "close": 14.05, "volume": 1013000, "typical_volume": 774300.0, "trend": 14.86, "fair_value": 11.475064, "relative_strength": -1.46761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.144566, "energy": 18.190409, "activity_lines": [ 14.103333, 13.989091, 14.093571, 14.393548 ] }, { "date": "2023-12-15", "close": 14.05, "volume": 878000, "typical_volume": 702500.0, "trend": 14.855, "fair_value": 11.489808, "relative_strength": -3.399449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.566521, "energy": 16.199866, "activity_lines": [ 14.106667, 14.003636, 14.077143, 14.34129 ] }, { "date": "2023-12-22", "close": 17.049999, "volume": 9250000, "typical_volume": 1075850.0, "trend": 14.895, "fair_value": 11.523141, "relative_strength": 16.920245, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.452016, "energy": 40.243045, "activity_lines": [ 15.08, 14.573636, 14.353333, 14.482903 ] }, { "date": "2023-12-29", "close": 24.700001, "volume": 74424000, "typical_volume": 4701650.0, "trend": 15.11, "fair_value": 11.605833, "relative_strength": 63.595343, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.46223, "energy": 96.393138, "activity_lines": [ 18.406667, 16.475455, 15.34881, 15.115484 ] }, { "date": "2024-01-05", "close": 24.950001, "volume": 9015000, "typical_volume": 5101750.0, "trend": 15.385, "fair_value": 11.69141, "relative_strength": 66.407282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.590636, "energy": 97.923148, "activity_lines": [ 21.123334, 18.221818, 16.315238, 15.750323 ] }, { "date": "2024-01-12", "close": 27.25, "volume": 5169000, "typical_volume": 5320150.0, "trend": 15.733333, "fair_value": 11.792692, "relative_strength": 78.323986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.445815, "energy": 98.018309, "activity_lines": [ 23.886667, 20.179091, 17.447381, 16.515807 ] }, { "date": "2024-01-19", "close": 30.25, "volume": 8681360, "typical_volume": 5718568.0, "trend": 16.215, "fair_value": 11.910641, "relative_strength": 91.633855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.704526, "energy": 98.124328, "activity_lines": [ 26.77, 22.439091, 18.802381, 17.452366 ] }, { "date": "2024-01-26", "close": 27.700001, "volume": 52559000, "typical_volume": 8319318.0, "trend": 16.615, "fair_value": 12.015769, "relative_strength": 69.170342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.571993, "energy": 88.797619, "activity_lines": [ 27.723334, 23.932728, 19.839524, 18.193333 ] }, { "date": "2024-02-02", "close": 29.700001, "volume": 60479000, "typical_volume": 11318918.0, "trend": 17.076667, "fair_value": 12.133077, "relative_strength": 77.014323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.702413, "energy": 71.339034, "activity_lines": [ 28.633334, 25.542728, 21.005715, 19.037527 ] }, { "date": "2024-02-09", "close": 28.799999, "volume": 3842000, "typical_volume": 11494368.0, "trend": 17.5, "fair_value": 12.245577, "relative_strength": 68.001727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.725753, "energy": 67.267402, "activity_lines": [ 28.91, 26.709091, 22.014048, 19.793871 ] }, { "date": "2024-02-16", "close": 32.450001, "volume": 16316000, "typical_volume": 12293518.0, "trend": 18.045, "fair_value": 12.381795, "relative_strength": 80.137416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.223459, "energy": 71.193311, "activity_lines": [ 30.146667, 28.272728, 23.301905, 20.758387 ] }, { "date": "2024-02-23", "close": 39.25, "volume": 63113000, "typical_volume": 15426018.0, "trend": 18.836667, "fair_value": 12.564167, "relative_strength": 108.836601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.907313, "energy": 74.817603, "activity_lines": [ 33.303334, 30.738182, 25.151429, 22.126452 ] }, { "date": "2024-03-01", "close": 39.400002, "volume": 23751000, "typical_volume": 16588068.0, "trend": 19.646667, "fair_value": 12.747821, "relative_strength": 103.638696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.996696, "energy": 72.325219, "activity_lines": [ 35.910001, 32.772728, 26.897858, 23.453119 ] }, { "date": "2024-03-08", "close": 33.25, "volume": 20615000, "typical_volume": 17595718.0, "trend": 20.301667, "fair_value": 12.890769, "relative_strength": 61.471649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.570062, "energy": 64.661181, "activity_lines": [ 35.686667, 33.282728, 27.936667, 24.330753 ] }, { "date": "2024-03-15", "close": 34.150002, "volume": 27242000, "typical_volume": 18944118.0, "trend": 20.981667, "fair_value": 13.037885, "relative_strength": 63.720978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.983762, "energy": 58.756964, "activity_lines": [ 35.526668, 33.80091, 28.967858, 25.224194 ] }, { "date": "2024-03-22", "close": 36.799999, "volume": 9634000, "typical_volume": 19404418.0, "trend": 21.74, "fair_value": 13.201346, "relative_strength": 68.48422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.120481, "energy": 54.822843, "activity_lines": [ 35.893334, 34.633637, 30.153334, 26.244732 ] }, { "date": "2024-03-29", "close": 34.299999, "volume": 3299000, "typical_volume": 19547118.0, "trend": 22.4, "fair_value": 13.349423, "relative_strength": 54.000552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.069448, "energy": 45.170047, "activity_lines": [ 35.136667, 34.838182, 30.991667, 27.055054 ] }, { "date": "2024-04-05", "close": 31.9, "volume": 2474000, "typical_volume": 19654068.0, "trend": 22.97, "fair_value": 13.477949, "relative_strength": 40.957521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.048849, "energy": 35.568065, "activity_lines": [ 33.91, 34.532727, 31.502857, 27.667957 ] }, { "date": "2024-04-12", "close": 31.450001, "volume": 9734000, "typical_volume": 20102018.0, "trend": 23.533334, "fair_value": 13.603269, "relative_strength": 34.621682, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.289324, "energy": 28.623859, "activity_lines": [ 33.033333, 34.069091, 31.886429, 28.215054 ] }, { "date": "2024-04-19", "close": 28.5, "volume": 3251000, "typical_volume": 20236968.0, "trend": 24.0, "fair_value": 13.70391, "relative_strength": 28.290835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.491673, "energy": 21.402785, "activity_lines": [ 31.293333, 33.037273, 31.907381, 28.535484 ] }, { "date": "2024-04-26", "close": 26.299999, "volume": 2646000, "typical_volume": 20318618.0, "trend": 24.396667, "fair_value": 13.791731, "relative_strength": 14.065267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.135788, "energy": 15.455143, "activity_lines": [ 29.196666, 31.610909, 31.650476, 28.683871 ] }, { "date": "2024-05-03", "close": 24.85, "volume": 3018000, "typical_volume": 20425618.0, "trend": 24.738333, "fair_value": 13.868333, "relative_strength": 6.020932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.575526, "energy": 25.058207, "activity_lines": [ 27.316667, 30.032727, 31.197143, 28.713118 ] }, { "date": "2024-05-10", "close": 24.049999, "volume": 5824000, "typical_volume": 20254318.0, "trend": 25.08, "fair_value": 13.940449, "relative_strength": 0.262634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.0932, "energy": 30.1474, "activity_lines": [ 25.8, 28.570909, 30.616191, 28.66871 ] }, { "date": "2024-05-17", "close": 24.549999, "volume": 1446000, "typical_volume": 16605418.0, "trend": 25.443333, "fair_value": 14.019295, "relative_strength": -0.75536, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.178534, "energy": 46.877135, "activity_lines": [ 24.973333, 27.47909, 30.049524, 28.634516 ] }, { "date": "2024-05-24", "close": 25.799999, "volume": 2688000, "typical_volume": 16289068.0, "trend": 25.851667, "fair_value": 14.120897, "relative_strength": 2.414166, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.693261, "energy": 52.656161, "activity_lines": [ 25.023332, 26.772727, 29.602619, 28.657527 ] }, { "date": "2024-05-31", "close": 29.200001, "volume": 5433000, "typical_volume": 16302268.0, "trend": 26.361667, "fair_value": 14.243974, "relative_strength": 17.497148, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -1.765366, "energy": 17.64312, "activity_lines": [ 26.386666, 26.836363, 29.475476, 28.873548 ] }, { "date": "2024-06-07", "close": 27.799999, "volume": 1331000, "typical_volume": 15934750.0, "trend": 26.835, "fair_value": 14.358077, "relative_strength": 7.862506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.855906, "energy": 11.54663, "activity_lines": [ 27.09, 26.783636, 29.205714, 28.966344 ] }, { "date": "2024-06-14", "close": 28.9, "volume": 1310000, "typical_volume": 13372300.0, "trend": 27.328333, "fair_value": 14.476026, "relative_strength": 8.357855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.284446, "energy": 13.399949, "activity_lines": [ 27.963333, 27.049091, 29.052381, 29.09957 ] }, { "date": "2024-06-21", "close": 32.099998, "volume": 5234000, "typical_volume": 10610050.0, "trend": 27.921667, "fair_value": 14.613846, "relative_strength": 15.614276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.862539, "energy": 31.824114, "activity_lines": [ 29.579999, 27.950908, 29.198095, 29.407419 ] }, { "date": "2024-06-28", "close": 31.1, "volume": 1379000, "typical_volume": 10486900.0, "trend": 28.486667, "fair_value": 14.745577, "relative_strength": 12.324369, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.917378, "energy": 31.050401, "activity_lines": [ 30.359999, 28.65909, 29.237142, 29.612473 ] }, { "date": "2024-07-05", "close": 34.5, "volume": 3383000, "typical_volume": 9840250.0, "trend": 29.168333, "fair_value": 14.900064, "relative_strength": 20.838191, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.195654, "energy": 49.076801, "activity_lines": [ 31.92, 29.938181, 29.589047, 30.00043 ] }, { "date": "2024-07-12", "close": 35.5, "volume": 12799000, "typical_volume": 7324550.0, "trend": 29.883333, "fair_value": 15.058397, "relative_strength": 21.402554, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.267317, "energy": 65.614866, "activity_lines": [ 33.46, 31.25, 30.026428, 30.408925 ] }, { "date": "2024-07-19", "close": 31.700001, "volume": 2659000, "typical_volume": 6269950.0, "trend": 30.371667, "fair_value": 15.19141, "relative_strength": 12.593007, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.08874, "energy": 50.426417, "activity_lines": [ 33.22, 31.677273, 30.119762, 30.526129 ] }, { "date": "2024-07-26", "close": 30.15, "volume": 1029000, "typical_volume": 5290650.0, "trend": 30.553333, "fair_value": 15.319295, "relative_strength": 9.917542, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.700092, "energy": 29.098367, "activity_lines": [ 32.276667, 31.683636, 30.102143, 30.511828 ] }, { "date": "2024-08-02", "close": 30.049999, "volume": 921000, "typical_volume": 3974600.0, "trend": 30.723333, "fair_value": 15.446218, "relative_strength": 11.140419, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 1.606339, "energy": 8.995081, "activity_lines": [ 31.43, 31.57, 30.089762, 30.479355 ] }, { "date": "2024-08-09", "close": 31.5, "volume": 3001000, "typical_volume": 3642950.0, "trend": 30.865, "fair_value": 15.582756, "relative_strength": 16.261368, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.488251, "energy": 8.205625, "activity_lines": [ 31.136667, 31.642727, 30.235, 30.529462 ] }, { "date": "2024-08-16", "close": 30.799999, "volume": 642000, "typical_volume": 3510100.0, "trend": 30.883333, "fair_value": 15.714808, "relative_strength": 8.310882, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.713343, "energy": 10.107181, "activity_lines": [ 30.81, 31.546363, 30.338809, 30.525269 ] }, { "date": "2024-08-23", "close": 30.5, "volume": 921000, "typical_volume": 3432450.0, "trend": 30.976667, "fair_value": 15.846346, "relative_strength": 7.331738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.245911, "energy": 8.587609, "activity_lines": [ 30.696666, 31.340909, 30.430714, 30.500537 ] }, { "date": "2024-08-30", "close": 31.1, "volume": 826000, "typical_volume": 2987050.0, "trend": 31.023333, "fair_value": 15.984103, "relative_strength": 8.050944, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.724299, "energy": 2.827767, "activity_lines": [ 30.863333, 31.215454, 30.586428, 30.508494 ] }, { "date": "2024-09-06", "close": 30.75, "volume": 909000, "typical_volume": 2869950.0, "trend": 31.088333, "fair_value": 16.11891, "relative_strength": 10.098848, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.035571, "energy": 8.640065, "activity_lines": [ 30.85, 31.044545, 30.710476, 30.49086 ] }, { "date": "2024-09-13", "close": 30.0, "volume": 575000, "typical_volume": 2766400.0, "trend": 31.006667, "fair_value": 16.247244, "relative_strength": 5.007778, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.724186, "energy": 13.575179, "activity_lines": [ 30.54, 30.743636, 30.752381, 30.420645 ] }, { "date": "2024-09-20", "close": 32.549999, "volume": 1550000, "typical_volume": 2693000.0, "trend": 30.783333, "fair_value": 16.394359, "relative_strength": 10.932758, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.493325, "energy": 7.259444, "activity_lines": [ 31.18, 30.988182, 31.019524, 30.520215 ] }, { "date": "2024-09-27", "close": 34.150002, "volume": 1855000, "typical_volume": 2494550.0, "trend": 30.608333, "fair_value": 16.545962, "relative_strength": 12.001169, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.151298, "energy": 37.634823, "activity_lines": [ 32.236667, 31.577273, 31.402381, 30.737419 ] }, { "date": "2024-10-04", "close": 32.900002, "volume": 483000, "typical_volume": 2446400.0, "trend": 30.596667, "fair_value": 16.68891, "relative_strength": 9.485669, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.533152, "energy": 42.731373, "activity_lines": [ 32.633334, 31.894546, 31.618095, 30.885269 ] }, { "date": "2024-10-11", "close": 35.299999, "volume": 2301000, "typical_volume": 2427050.0, "trend": 30.635, "fair_value": 16.846282, "relative_strength": 13.238053, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.943454, "energy": 62.407268, "activity_lines": [ 33.71, 32.598182, 32.022619, 31.18871 ] }, { "date": "2024-10-18", "close": 34.650002, "volume": 1759000, "typical_volume": 2243350.0, "trend": 30.563333, "fair_value": 16.999808, "relative_strength": 7.402735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.44711, "energy": 62.634095, "activity_lines": [ 34.266668, 33.088182, 32.32, 31.447742 ] }, { "date": "2024-10-25", "close": 36.900002, "volume": 2294000, "typical_volume": 2291500.0, "trend": 30.65, "fair_value": 17.167115, "relative_strength": 13.876234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.326393, "energy": 68.421603, "activity_lines": [ 35.263335, 33.930001, 32.805715, 31.856559 ] }, { "date": "2024-11-01", "close": 35.0, "volume": 1056000, "typical_volume": 2278800.0, "trend": 30.753333, "fair_value": 17.324167, "relative_strength": 9.652543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.242048, "energy": 61.429529, "activity_lines": [ 35.336668, 34.315455, 33.067143, 32.137205 ] }, { "date": "2024-11-08", "close": 34.150002, "volume": 660000, "typical_volume": 2050100.0, "trend": 30.843333, "fair_value": 17.470321, "relative_strength": 2.581136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.955512, "energy": 50.201949, "activity_lines": [ 35.070001, 34.464547, 33.218572, 32.356344 ] }, { "date": "2024-11-15", "close": 32.299999, "volume": 1406000, "typical_volume": 2051450.0, "trend": 30.97, "fair_value": 17.599808, "relative_strength": -0.330494, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.567682, "energy": 26.716147, "activity_lines": [ 34.103334, 34.221819, 33.184048, 32.450323 ] }, { "date": "2024-11-22", "close": 31.700001, "volume": 974227, "typical_volume": 1931011.35, "trend": 31.15, "fair_value": 17.734103, "relative_strength": -3.596332, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.038796, "energy": 15.522627, "activity_lines": [ 33.136667, 33.841819, 33.086667, 32.49742 ] }, { "date": "2024-11-29", "close": 34.099998, "volume": 582000, "typical_volume": 1320161.35, "trend": 31.458333, "fair_value": 17.881859, "relative_strength": 5.672486, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.96898, "energy": 18.903659, "activity_lines": [ 33.166666, 33.867273, 33.231191, 32.687742 ] }, { "date": "2024-12-06", "close": 34.5, "volume": 1203000, "typical_volume": 1247361.35, "trend": 31.806667, "fair_value": 18.035064, "relative_strength": 1.704978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.482215, "energy": 18.414464, "activity_lines": [ 33.516666, 33.937273, 33.420476, 32.883979 ] }, { "date": "2024-12-13", "close": 37.099998, "volume": 2050000, "typical_volume": 1298411.35, "trend": 32.225, "fair_value": 18.20718, "relative_strength": 9.019971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.758246, "energy": 31.402345, "activity_lines": [ 34.766666, 34.473636, 33.844048, 33.225484 ] }, { "date": "2024-12-20", "close": 40.150002, "volume": 4323000, "typical_volume": 1468511.35, "trend": 32.703333, "fair_value": 18.397564, "relative_strength": 19.391448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.961701, "energy": 66.53268, "activity_lines": [ 36.836667, 35.488182, 34.525, 33.736774 ] }, { "date": "2024-12-27", "close": 37.75, "volume": 11501000, "typical_volume": 1893511.35, "trend": 32.988333, "fair_value": 18.568077, "relative_strength": 8.222777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.740351, "energy": 62.665032, "activity_lines": [ 37.583333, 35.978182, 34.929286, 34.062366 ] }, { "date": "2025-01-03", "close": 33.0, "volume": 6959000, "typical_volume": 2209361.35, "trend": 33.161667, "fair_value": 18.706218, "relative_strength": -3.897665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.258056, "energy": 43.467233, "activity_lines": [ 36.343333, 35.548182, 34.851429, 34.063118 ] }, { "date": "2025-01-10", "close": 31.799999, "volume": 2290000, "typical_volume": 2277811.35, "trend": 33.258333, "fair_value": 18.836667, "relative_strength": -7.602667, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.307853, "energy": 13.834365, "activity_lines": [ 34.776666, 34.970909, 34.64881, 33.975269 ] }, { "date": "2025-01-17", "close": 31.799999, "volume": 907000, "typical_volume": 2281861.35, "trend": 33.248333, "fair_value": 18.970962, "relative_strength": -7.746575, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.912504, "energy": 15.183119, "activity_lines": [ 33.39, 34.451818, 34.44, 33.881183 ] }, { "date": "2025-01-24", "close": 32.700001, "volume": 611000, "typical_volume": 2266961.35, "trend": 33.301667, "fair_value": 19.112949, "relative_strength": -6.476823, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.324953, "energy": 21.879989, "activity_lines": [ 32.656667, 34.139091, 34.313571, 33.845807 ] }, { "date": "2025-02-07", "close": 37.599998, "volume": 1896218, "typical_volume": 2333022.25, "trend": 33.405, "fair_value": 19.287308, "relative_strength": 7.813309, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.581269, "energy": 21.087401, "activity_lines": [ 34.053333, 34.71, 34.644524, 34.123118 ] }, { "date": "2025-02-14", "close": 34.400002, "volume": 2444888, "typical_volume": 2377766.65, "trend": 33.368333, "fair_value": 19.441795, "relative_strength": 0.162219, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.195576, "energy": 7.289276, "activity_lines": [ 34.393333, 34.591818, 34.634524, 34.187312 ] }, { "date": "2025-02-21", "close": 35.0, "volume": 1267261, "typical_volume": 2348379.7, "trend": 33.478333, "fair_value": 19.597885, "relative_strength": -0.223443, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.922034, "energy": 16.104161, "activity_lines": [ 34.84, 34.577273, 34.672857, 34.292581 ] }, { "date": "2025-02-28", "close": 37.950001, "volume": 4480291, "typical_volume": 2548244.25, "trend": 33.738333, "fair_value": 19.773846, "relative_strength": 11.992715, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.8493, "energy": 32.588459, "activity_lines": [ 36.056667, 35.09, 34.988095, 34.581075 ] }, { "date": "2025-03-07", "close": 35.75, "volume": 3236770, "typical_volume": 2595032.75, "trend": 33.928334, "fair_value": 19.936346, "relative_strength": 8.435269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.199343, "energy": 32.28544, "activity_lines": [ 36.13, 35.187273, 35.069762, 34.71086 ] }, { "date": "2025-03-14", "close": 33.450001, "volume": 2739492, "typical_volume": 2644057.35, "trend": 33.993334, "fair_value": 20.084744, "relative_strength": 4.484363, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.840884, "energy": 17.383462, "activity_lines": [ 35.233334, 34.946364, 34.930238, 34.68 ] }, { "date": "2025-03-21", "close": 32.650002, "volume": 1013014, "typical_volume": 2580008.05, "trend": 34.055, "fair_value": 20.229295, "relative_strength": 1.232483, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.715886, "energy": 3.640965, "activity_lines": [ 34.346668, 34.638183, 34.720238, 34.593334 ] }, { "date": "2025-03-28", "close": 29.5, "volume": 2071465, "typical_volume": 2630781.3, "trend": 34.021667, "fair_value": 20.353654, "relative_strength": -5.399224, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.660088, "energy": 29.751138, "activity_lines": [ 32.526667, 33.763637, 34.230476, 34.299463 ] }, { "date": "2025-04-04", "close": 27.5, "volume": 902001, "typical_volume": 2642881.35, "trend": 33.901667, "fair_value": 20.464872, "relative_strength": -10.073392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.196694, "energy": 68.775803, "activity_lines": [ 30.406667, 32.567273, 33.576429, 33.87871 ] }, { "date": "2025-04-11", "close": 20.35, "volume": 1654859, "typical_volume": 2655324.3, "trend": 33.555, "fair_value": 20.530577, "relative_strength": -26.909393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.482005, "energy": 88.45561, "activity_lines": [ 26.6, 30.149091, 32.273096, 33.004409 ] }, { "date": "2025-04-18", "close": 21.799999, "volume": 839006, "typical_volume": 2648563.25, "trend": 33.281667, "fair_value": 20.606282, "relative_strength": -20.74178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.529695, "energy": 89.907283, "activity_lines": [ 24.303333, 28.219091, 31.164762, 32.246022 ] }, { "date": "2025-04-25", "close": 27.25, "volume": 1241167, "typical_volume": 2681521.6, "trend": 33.105, "fair_value": 20.717628, "relative_strength": -3.192841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.114677, "energy": 80.011004, "activity_lines": [ 24.6, 27.567273, 30.622619, 31.856882 ] }, { "date": "2025-05-02", "close": 26.15, "volume": 966117, "typical_volume": 2669677.45, "trend": 32.838334, "fair_value": 20.822308, "relative_strength": -11.130038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.998041, "energy": 73.987889, "activity_lines": [ 24.89, 26.845455, 30.008333, 31.408172 ] }, { "date": "2025-05-09", "close": 27.5, "volume": 1076136, "typical_volume": 2620984.25, "trend": 32.658333, "fair_value": 20.935962, "relative_strength": -7.228004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.985092, "energy": 46.259376, "activity_lines": [ 25.853333, 26.53, 29.562381, 31.063764 ] }, { "date": "2025-05-16", "close": 32.299999, "volume": 5359683, "typical_volume": 2672818.4, "trend": 32.558333, "fair_value": 21.080897, "relative_strength": 3.885118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.88582, "energy": 18.750406, "activity_lines": [ 28.416666, 27.277273, 29.619286, 31.040645 ] }, { "date": "2025-05-23", "close": 38.25, "volume": 5776799, "typical_volume": 2386608.35, "trend": 32.678333, "fair_value": 21.267692, "relative_strength": 23.092284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 2.785401, "energy": 18.739533, "activity_lines": [ 32.166666, 29.169091, 30.280238, 31.407849 ] }, { "date": "2025-05-30", "close": 34.400002, "volume": 4643101, "typical_volume": 2270813.4, "trend": 32.595, "fair_value": 21.429167, "relative_strength": 11.662891, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.045443, "energy": 27.239959, "activity_lines": [ 33.536667, 30.273637, 30.572143, 31.518925 ] }, { "date": "2025-06-06", "close": 38.25, "volume": 6512812, "typical_volume": 2481954.0, "trend": 32.703333, "fair_value": 21.615256, "relative_strength": 21.736309, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.93617, "energy": 40.739581, "activity_lines": [ 35.713334, 32.046364, 31.224048, 31.883764 ] }, { "date": "2025-06-13", "close": 36.950001, "volume": 19130109, "typical_volume": 3393109.45, "trend": 32.796667, "fair_value": 21.791603, "relative_strength": 14.79027, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.85018, "energy": 43.01286, "activity_lines": [ 36.650001, 33.423637, 31.721429, 32.157742 ] }, { "date": "2025-06-20", "close": 33.450001, "volume": 4432953, "typical_volume": 3584207.1, "trend": 32.835, "fair_value": 21.938398, "relative_strength": 3.726414, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.86548, "energy": 33.278339, "activity_lines": [ 35.790001, 33.992728, 31.860953, 32.199893 ] }, { "date": "2025-06-27", "close": 34.900002, "volume": 2442532, "typical_volume": 3611522.8, "trend": 32.941667, "fair_value": 22.097372, "relative_strength": 5.432837, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.278452, "energy": 23.882691, "activity_lines": [ 35.336668, 34.587274, 32.135001, 32.333119 ] }, { "date": "2025-07-04", "close": 37.400002, "volume": 6438938, "typical_volume": 3811225.3, "trend": 33.051667, "fair_value": 22.273718, "relative_strength": 12.692618, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.742082, "energy": 25.452329, "activity_lines": [ 35.940002, 35.398183, 32.660001, 32.620753 ] }, { "date": "2025-07-11", "close": 34.599998, "volume": 5017295, "typical_volume": 3998727.0, "trend": 33.055, "fair_value": 22.436026, "relative_strength": 3.247179, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.255305, "energy": 13.876786, "activity_lines": [ 35.41, 35.515455, 32.904048, 32.720646 ] }, { "date": "2025-07-18", "close": 33.299999, "volume": 2503756, "typical_volume": 3899900.25, "trend": 32.928334, "fair_value": 22.586346, "relative_strength": -3.242151, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.163841, "energy": 11.390682, "activity_lines": [ 34.69, 35.242728, 33.026191, 32.736452 ] }, { "date": "2025-07-25", "close": 30.4, "volume": 2758588, "typical_volume": 3875991.15, "trend": 32.603334, "fair_value": 22.717308, "relative_strength": -11.499315, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.065565, "energy": 8.503557, "activity_lines": [ 33.246666, 34.337273, 32.894286, 32.573334 ] }, { "date": "2025-08-01", "close": 31.6, "volume": 2975375, "typical_volume": 3887785.3, "trend": 32.398334, "fair_value": 22.854808, "relative_strength": -8.263113, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.88845, "energy": 17.168597, "activity_lines": [ 32.406666, 33.684546, 32.902143, 32.508602 ] }, { "date": "2025-08-08", "close": 32.400002, "volume": 6144212, "typical_volume": 4144345.2, "trend": 32.378334, "fair_value": 22.998526, "relative_strength": -8.190694, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.015591, "energy": 12.527858, "activity_lines": [ 32.053334, 33.298182, 32.995, 32.50871 ] }, { "date": "2025-08-15", "close": 26.799999, "volume": 9487546, "typical_volume": 4515149.25, "trend": 32.211667, "fair_value": 23.103654, "relative_strength": -24.675665, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.141556, "energy": 33.776562, "activity_lines": [ 30.166667, 31.93, 32.555715, 32.148817 ] }, { "date": "2025-08-22", "close": 24.5, "volume": 5045494, "typical_volume": 4722323.9, "trend": 31.968334, "fair_value": 23.192436, "relative_strength": -29.164955, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.066721, "energy": 65.883126, "activity_lines": [ 28.033333, 30.351818, 31.910238, 31.651291 ] }, { "date": "2025-08-29", "close": 24.0, "volume": 3027012, "typical_volume": 4790931.55, "trend": 31.678334, "fair_value": 23.276731, "relative_strength": -31.603522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.349298, "energy": 74.462593, "activity_lines": [ 26.32, 28.909091, 31.231429, 31.137205 ] }, { "date": "2025-09-05", "close": 24.299999, "volume": 2247538, "typical_volume": 4861358.15, "trend": 31.235, "fair_value": 23.36359, "relative_strength": -31.117729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.531543, "energy": 80.547153, "activity_lines": [ 25.133333, 27.692727, 30.56381, 30.661183 ] }, { "date": "2025-09-12", "close": 29.799999, "volume": 6887234, "typical_volume": 5143661.5, "trend": 31.081667, "fair_value": 23.487308, "relative_strength": -18.488764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.328572, "energy": 68.873476, "activity_lines": [ 26.266666, 27.669091, 30.408095, 30.568602 ] }, { "date": "2025-09-19", "close": 28.35, "volume": 9727623, "typical_volume": 5581736.8, "trend": 30.86, "fair_value": 23.602051, "relative_strength": -22.488592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.33363, "energy": 41.121958, "activity_lines": [ 27.09, 27.52, 30.102143, 30.392366 ] }, { "date": "2025-09-26", "close": 27.25, "volume": 3159085, "typical_volume": 5685884.25, "trend": 30.503334, "fair_value": 23.709423, "relative_strength": -25.095166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.713528, "energy": 29.283387, "activity_lines": [ 27.443333, 27.284545, 29.680952, 30.159462 ] }, { "date": "2025-10-03", "close": 26.65, "volume": 2352150, "typical_volume": 5535507.6, "trend": 30.2, "fair_value": 23.81359, "relative_strength": -29.499498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.588709, "energy": 24.414261, "activity_lines": [ 27.413333, 27.05, 29.203809, 29.91086 ] }, { "date": "2025-10-10", "close": 28.75, "volume": 1510201, "typical_volume": 5322177.7, "trend": 30.043333, "fair_value": 23.934423, "relative_strength": -25.019903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.503789, "energy": 23.130152, "activity_lines": [ 27.906667, 27.265454, 28.953571, 29.817312 ] }, { "date": "2025-10-17", "close": 24.85, "volume": 2732513, "typical_volume": 5226648.3, "trend": 29.783333, "fair_value": 24.029615, "relative_strength": -34.627168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.594968, "energy": 37.371336, "activity_lines": [ 26.803333, 26.823636, 28.377143, 29.482258 ] }, { "date": "2025-10-24", "close": 25.75, "volume": 1877037, "typical_volume": 4994859.55, "trend": 29.658333, "fair_value": 24.132115, "relative_strength": -32.320362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.272921, "energy": 40.356365, "activity_lines": [ 26.33, 26.682727, 27.931905, 29.222043 ] }, { "date": "2025-10-31", "close": 24.700001, "volume": 1647199, "typical_volume": 4120714.05, "trend": 29.565, "fair_value": 24.227885, "relative_strength": -36.064444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.019968, "energy": 49.298139, "activity_lines": [ 25.68, 26.37, 27.44619, 28.902151 ] }, { "date": "2025-11-07", "close": 23.799999, "volume": 1813005, "typical_volume": 3989716.65, "trend": 29.68, "fair_value": 24.321346, "relative_strength": -36.494468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.375012, "energy": 65.023046, "activity_lines": [ 24.9, 25.89, 26.933095, 28.530215 ] }, { "date": "2025-11-14", "close": 21.299999, "volume": 6442340, "typical_volume": 4189707.05, "trend": 29.663333, "fair_value": 24.397051, "relative_strength": -42.085938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.248175, "energy": 77.718005, "activity_lines": [ 23.476666, 24.959091, 26.227857, 27.98957 ] }, { "date": "2025-11-21", "close": 18.75, "volume": 2913250, "typical_volume": 4013422.65, "trend": 29.38, "fair_value": 24.456026, "relative_strength": -46.619314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.159102, "energy": 87.978175, "activity_lines": [ 21.7, 23.619091, 25.344524, 27.285484 ] }, { "date": "2025-11-28", "close": 20.0, "volume": 1058234, "typical_volume": 3815469.6, "trend": 29.175, "fair_value": 24.52391, "relative_strength": -44.990904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.704126, "energy": 84.882225, "activity_lines": [ 20.746666, 22.707273, 24.669047, 26.680323 ] }, { "date": "2025-12-05", "close": 20.200001, "volume": 662201, "typical_volume": 3723391.85, "trend": 28.931667, "fair_value": 24.592885, "relative_strength": -44.487637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.238803, "energy": 82.596591, "activity_lines": [ 20.243333, 21.983636, 24.082143, 26.10129 ] }, { "date": "2025-12-12", "close": 19.1, "volume": 1721406, "typical_volume": 3671532.75, "trend": 28.491667, "fair_value": 24.652692, "relative_strength": -47.283213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.80357, "energy": 86.864992, "activity_lines": [ 19.673334, 21.188182, 23.452857, 25.466989 ] }, { "date": "2025-12-19", "close": 19.1, "volume": 947347, "typical_volume": 3570131.35, "trend": 27.853333, "fair_value": 24.713333, "relative_strength": -45.577351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.482433, "energy": 82.34446, "activity_lines": [ 19.416667, 20.53, 22.877381, 24.861075 ] }, { "date": "2025-12-26", "close": 19.049999, "volume": 849038, "typical_volume": 3305372.65, "trend": 27.341667, "fair_value": 24.773205, "relative_strength": -46.446463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.192284, "energy": 74.831675, "activity_lines": [ 19.29, 20.038182, 22.356667, 24.293118 ] }, { "date": "2026-01-02", "close": 18.700001, "volume": 797002, "typical_volume": 2870845.45, "trend": 26.69, "fair_value": 24.830385, "relative_strength": -48.062618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.040866, "energy": 72.100524, "activity_lines": [ 19.026667, 19.588182, 21.86619, 23.735591 ] }, { "date": "2026-01-09", "close": 22.6, "volume": 5643853, "typical_volume": 2900763.4, "trend": 26.211667, "fair_value": 24.911218, "relative_strength": -38.507649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.507561, "energy": 44.979696, "activity_lines": [ 20.15, 19.975455, 21.785714, 23.47172 ] }, { "date": "2026-01-16", "close": 22.450001, "volume": 9378284, "typical_volume": 3218327.0, "trend": 25.845, "fair_value": 24.991987, "relative_strength": -40.46399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.181433, "energy": 31.506903, "activity_lines": [ 21.063334, 20.373637, 21.7, 23.229032 ] }, { "date": "2026-01-23", "close": 21.799999, "volume": 3240483, "typical_volume": 3267974.25, "trend": 25.408333, "fair_value": 25.06891, "relative_strength": -42.551174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.902036, "energy": 24.789403, "activity_lines": [ 21.536667, 20.678182, 21.559762, 22.968064 ] }, { "date": "2026-01-30", "close": 20.0, "volume": 2587008, "typical_volume": 3052962.95, "trend": 24.828333, "fair_value": 25.135192, "relative_strength": -46.802476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.450972, "energy": 27.433376, "activity_lines": [ 21.23, 20.646364, 21.26, 22.61914 ] }, { "date": "2026-02-06", "close": 19.950001, "volume": 1282169, "typical_volume": 2630690.25, "trend": 24.34, "fair_value": 25.198013, "relative_strength": -45.59773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.445105, "energy": 24.693784, "activity_lines": [ 20.843334, 20.582727, 21.002143, 22.304409 ] }, { "date": "2026-02-13", "close": 18.85, "volume": 1399094, "typical_volume": 2542690.7, "trend": 23.858333, "fair_value": 25.254808, "relative_strength": -50.624327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.783728, "energy": 43.122744, "activity_lines": [ 20.006667, 20.32, 20.679524, 21.950215 ] }, { "date": "2026-02-27", "close": 19.0, "volume": 1510020, "typical_volume": 2500584.2, "trend": 23.478333, "fair_value": 25.310898, "relative_strength": -52.01099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.638261, "energy": 53.596121, "activity_lines": [ 19.47, 20.109091, 20.411191, 21.636774 ] }, { "date": "2026-03-06", "close": 18.0, "volume": 2238100, "typical_volume": 2536979.15, "trend": 23.025, "fair_value": 25.358654, "relative_strength": -51.147771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.293457, "energy": 67.481542, "activity_lines": [ 18.83, 19.718182, 20.084048, 21.283333 ] }, { "date": "2026-03-13", "close": 17.35, "volume": 1842910, "typical_volume": 2492499.0, "trend": 22.523333, "fair_value": 25.400962, "relative_strength": -51.730297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.047213, "energy": 73.609576, "activity_lines": [ 18.226667, 19.229091, 19.746191, 20.917204 ] }, { "date": "2026-03-20", "close": 21.200001, "volume": 5437225, "typical_volume": 2670508.4, "trend": 22.336667, "fair_value": 25.467949, "relative_strength": -40.321734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.747278, "energy": 36.869187, "activity_lines": [ 19.083334, 19.470909, 19.810714, 20.831828 ] }, { "date": "2026-03-27", "close": 18.549999, "volume": 2737156, "typical_volume": 2725006.25, "trend": 22.138333, "fair_value": 25.512821, "relative_strength": -46.212654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.672102, "energy": 36.156497, "activity_lines": [ 18.973333, 19.185455, 19.644524, 20.587527 ] }, { "date": "2026-04-03", "close": 17.75, "volume": 947091, "typical_volume": 2681710.55, "trend": 21.93, "fair_value": 25.547115, "relative_strength": -46.873852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.190306, "energy": 36.795941, "activity_lines": [ 18.616667, 18.828182, 19.431429, 20.304409 ] }, { "date": "2026-04-10", "close": 17.700001, "volume": 998561, "typical_volume": 2409521.6, "trend": 21.71, "fair_value": 25.582372, "relative_strength": -50.545726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.156064, "energy": 33.624511, "activity_lines": [ 18.326667, 18.547273, 19.242381, 20.031505 ] }, { "date": "2026-04-17", "close": 20.0, "volume": 3775004, "typical_volume": 2452609.3, "trend": 21.383333, "fair_value": 25.632051, "relative_strength": -45.709448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.056068, "energy": 26.604194, "activity_lines": [ 18.823334, 18.759091, 19.289524, 19.921183 ] }, { "date": "2026-04-24", "close": 21.549999, "volume": 8901353, "typical_volume": 2844765.25, "trend": 21.156667, "fair_value": 25.688782, "relative_strength": -44.086624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.388089, "energy": 7.576716, "activity_lines": [ 19.66, 19.252727, 19.478333, 19.931936 ] }, { "date": "2026-05-01", "close": 20.6, "volume": 2143401, "typical_volume": 2918825.25, "trend": 20.935, "fair_value": 25.732372, "relative_strength": -45.654636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.090439, "energy": 15.351973, "activity_lines": [ 20.156667, 19.544545, 19.569286, 19.896022 ] }, { "date": "2026-05-08", "close": 20.549999, "volume": 2202186, "typical_volume": 2942864.25, "trend": 20.731667, "fair_value": 25.776603, "relative_strength": -48.498234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.023965, "energy": 17.232434, "activity_lines": [ 20.5, 19.795454, 19.653571, 19.871183 ] }, { "date": "2026-05-15", "close": 18.65, "volume": 2820474, "typical_volume": 3036520.6, "trend": 20.395, "fair_value": 25.809936, "relative_strength": -51.939447, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.553728, "energy": 15.700328, "activity_lines": [ 20.023333, 19.672727, 19.55, 19.736882 ] }, { "date": "2026-05-22", "close": 19.4, "volume": 1580136, "typical_volume": 3073075.5, "trend": 20.213333, "fair_value": 25.846795, "relative_strength": -50.267841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.312863, "energy": 7.104277, "activity_lines": [ 19.733333, 19.674545, 19.52, 19.672688 ] }, { "date": "2026-05-29", "close": 19.049999, "volume": 2693615, "typical_volume": 3167906.15, "trend": 19.99, "fair_value": 25.877885, "relative_strength": -52.529924, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.514335, "energy": 16.025208, "activity_lines": [ 19.366666, 19.575454, 19.455, 19.597634 ] }, { "date": "2026-06-05", "close": 20.049999, "volume": 4447360, "typical_volume": 3108081.5, "trend": 19.835, "fair_value": 25.904808, "relative_strength": -49.140884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.320125, "energy": 14.479689, "activity_lines": [ 19.499999, 19.697272, 19.483571, 19.601505 ] }, { "date": "2026-06-12", "close": 18.15, "volume": 1866000, "typical_volume": 2732467.3, "trend": 19.646667, "fair_value": 25.904167, "relative_strength": -51.577852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.040349, "energy": 21.488212, "activity_lines": [ 19.036666, 19.446363, 19.343333, 19.492796 ] }, { "date": "2026-06-19", "close": 17.1, "volume": 1756099, "typical_volume": 2658248.1, "trend": 19.506667, "fair_value": 25.906731, "relative_strength": -55.311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.542805, "energy": 47.993188, "activity_lines": [ 18.383333, 18.997272, 19.123571, 19.328494 ] }, { "date": "2026-06-26", "close": 16.4, "volume": 1687077, "typical_volume": 2613251.55, "trend": 19.428333, "fair_value": 25.904167, "relative_strength": -54.087374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.359798, "energy": 62.562573, "activity_lines": [ 17.6, 18.431818, 18.859524, 19.128064 ] }, { "date": "2026-07-03", "close": 16.75, "volume": 1360002, "typical_volume": 2617143.2, "trend": 19.32, "fair_value": 25.910256, "relative_strength": -54.011128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.629652, "energy": 66.565153, "activity_lines": [ 17.133333, 17.995454, 18.645952, 18.955269 ] }, { "date": "2026-07-10", "close": 15.85, "volume": 975530, "typical_volume": 2595965.0, "trend": 19.175, "fair_value": 25.911218, "relative_strength": -53.613838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.489782, "energy": 71.035197, "activity_lines": [ 16.52, 17.482727, 18.361905, 18.731398 ] }, { "date": "2026-07-17", "close": 15.85, "volume": 2998031, "typical_volume": 2670365.55, "trend": 19.066667, "fair_value": 25.911218, "relative_strength": -49.206699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.062966, "energy": 70.853226, "activity_lines": [ 16.186667, 17.056364, 18.092143, 18.516882 ] }, { "date": "2026-07-24", "close": 15.55, "volume": 716334, "typical_volume": 2594277.25, "trend": 18.948333, "fair_value": 25.907692, "relative_strength": -49.883418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.467609, "energy": 73.880936, "activity_lines": [ 15.906667, 16.660909, 17.808809, 18.29 ] }, { "date": "2026-07-31", "close": 14.5, "volume": 709001, "typical_volume": 2537581.8, "trend": 18.796667, "fair_value": 25.897436, "relative_strength": -51.419324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.100986, "energy": 78.323181, "activity_lines": [ 15.38, 16.130909, 17.437143, 18.003011 ] }, { "date": "2026-08-07", "close": 15.1, "volume": 561036, "typical_volume": 2293772.35, "trend": 18.676667, "fair_value": 25.894872, "relative_strength": -49.254734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.663781, "energy": 70.161183, "activity_lines": [ 15.18, 15.799091, 17.13619, 17.764516 ] }, { "date": "2026-08-14", "close": 14.1, "volume": 1147078, "typical_volume": 2214268.45, "trend": 18.393333, "fair_value": 25.888462, "relative_strength": -52.852041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.096456, "energy": 77.433948, "activity_lines": [ 14.756667, 15.357273, 16.769047, 17.469247 ] } ], "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." } } }