{ "ticker": { "uuid": "7c66f683-1f75-49d1-82fb-a400b22ead60", "symbol": "SODER", "name": "S\u00f6der Sportfiske AB", "exchange": "STO", "country": "SE", "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": "^OMX", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -30.884, "architecture_energy": 19.89, "architecture_maturity": 100.0, "architecture_confidence": 73.635, "architecture_tenure": "Extended", "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": 43.76, "rotation_up": 30.17, "upward_expansion": 18.38, "deceleration": 46.72, "rotation_down": 22.68, "downward_expansion": 54.71 }, "activity_lines": [ 16.233333, 15.911818, 16.041458, 16.685345 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 16.25, "trend_reference": 17.676855, "distance_from_trend": -0.080719, "trend_direction": "Weakening", "fair_value": 23.451241, "distance_from_fair_value": -0.307073, "fair_value_direction": "Improving", "relative_strength": -28.137349, "relative_strength_direction": "Improving", "price_momentum": -0.226399, "excess_performance": -0.287893, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.080719, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.085694, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.307073, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.036483, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281373, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.105151, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.226399, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.354606, "read": "Supply-led" } ], "volume": { "latest": 14641, "relative_activity": 0.348306, "balance": 0.354606, "dry_up": 0.716595, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.076923, "annualized_volatility": 0.283208, "from_high_reference": -0.387797, "from_low_reference": 0.132404 }, "levels": { "trend_reference": 17.676855, "fair_value_reference": 23.451241, "structural_low": 14.35, "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": 17, "median_return": 0.003135, "positive_rate": 0.529412, "directional_follow_through": 0.470588, "median_excess_return": -0.009097, "regime_survival": 0.823529, "best_return": 0.210526, "worst_return": -0.159851, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.032556, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032829, "regime_survival": 0.5, "best_return": 0.2, "worst_return": -0.196416, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.062227, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.003774, "regime_survival": 0.25, "best_return": 0.285714, "worst_return": -0.273234, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.025449, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.152573, "regime_survival": 0.5, "best_return": 0.09455, "worst_return": -0.043651, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.210526, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": -0.022059, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": -0.090909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-12-27", "tenure": "Established", "return": -0.053435, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": -0.044872, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.12426, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-25", "tenure": "Developing", "return": -0.097222, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.116759, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.083916, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-01", "tenure": "Developing", "return": -0.116352, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.011111, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.044118, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-08-07", "tenure": "Extended", "return": -0.367315, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.124489, "volume": 2803, "typical_volume": 7050.35, "trend": 26.833655, "fair_value": 37.6776, "relative_strength": 5.812034, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.398521, "energy": 10.301915, "activity_lines": [ 26.756803, 26.542546, 26.269423, 26.459211 ] }, { "date": "2023-08-25", "close": 28.209469, "volume": 9213, "typical_volume": 7312.65, "trend": 26.878863, "fair_value": 37.585677, "relative_strength": 10.026859, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.776511, "energy": 24.193576, "activity_lines": [ 27.317375, 26.86804, 26.452405, 26.547973 ] }, { "date": "2023-09-01", "close": 26.220341, "volume": 167168, "typical_volume": 15261.75, "trend": 26.88037, "fair_value": 37.476394, "relative_strength": 0.84005, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.387712, "energy": 15.256619, "activity_lines": [ 27.058186, 26.795708, 26.4326, 26.505488 ] }, { "date": "2023-09-08", "close": 25.406607, "volume": 20011, "typical_volume": 16158.25, "trend": 26.84119, "fair_value": 37.361444, "relative_strength": -1.695632, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.463489, "energy": 13.438324, "activity_lines": [ 26.539807, 26.582001, 26.346491, 26.410406 ] }, { "date": "2023-09-15", "close": 25.225775, "volume": 43268, "typical_volume": 17843.3, "trend": 26.737213, "fair_value": 37.246957, "relative_strength": -3.076476, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.911991, "energy": 16.77904, "activity_lines": [ 25.997317, 26.348565, 26.257367, 26.306186 ] }, { "date": "2023-09-22", "close": 25.316189, "volume": 6469, "typical_volume": 17799.8, "trend": 26.520217, "fair_value": 37.135454, "relative_strength": -1.375377, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.277992, "energy": 26.458089, "activity_lines": [ 25.623601, 26.138145, 26.181591, 26.214507 ] }, { "date": "2023-09-29", "close": 23.146231, "volume": 17478, "typical_volume": 18270.2, "trend": 26.221847, "fair_value": 37.005924, "relative_strength": -9.284216, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.238464, "energy": 49.43735, "activity_lines": [ 24.647119, 25.564421, 25.900013, 25.996831 ] }, { "date": "2023-10-06", "close": 22.151667, "volume": 21139, "typical_volume": 19167.55, "trend": 25.998824, "fair_value": 36.869647, "relative_strength": -12.869164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.551472, "energy": 64.045669, "activity_lines": [ 23.676666, 24.859184, 25.540506, 25.734238 ] }, { "date": "2023-10-13", "close": 21.699593, "volume": 53302, "typical_volume": 21595.75, "trend": 25.792376, "fair_value": 36.731737, "relative_strength": -15.800181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.854528, "energy": 68.289076, "activity_lines": [ 22.826765, 24.149016, 25.155596, 25.456869 ] }, { "date": "2023-10-20", "close": 21.790007, "volume": 55652, "typical_volume": 23980.05, "trend": 25.649219, "fair_value": 36.597127, "relative_strength": -10.75288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.495967, "energy": 70.438465, "activity_lines": [ 22.254137, 23.53255, 24.79695, 25.198651 ] }, { "date": "2023-10-27", "close": 21.337933, "volume": 5668, "typical_volume": 23875.95, "trend": 25.542228, "fair_value": 36.460884, "relative_strength": -11.159285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.858249, "energy": 70.353654, "activity_lines": [ 21.759869, 22.934167, 24.410749, 24.920504 ] }, { "date": "2023-11-03", "close": 21.699593, "volume": 13389, "typical_volume": 24158.5, "trend": 25.418661, "fair_value": 36.330253, "relative_strength": -12.641198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.296914, "energy": 59.206559, "activity_lines": [ 21.651371, 22.506751, 24.074061, 24.672592 ] }, { "date": "2023-11-10", "close": 23.417475, "volume": 15412, "typical_volume": 24725.75, "trend": 25.246873, "fair_value": 36.216983, "relative_strength": -5.236052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.954202, "energy": 37.267414, "activity_lines": [ 22.211944, 22.510039, 23.922509, 24.543483 ] }, { "date": "2023-11-17", "close": 23.146231, "volume": 9028, "typical_volume": 24857.1, "trend": 25.07207, "fair_value": 36.103325, "relative_strength": -9.785756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.232427, "energy": 26.762008, "activity_lines": [ 22.597714, 22.514971, 23.760192, 24.407958 ] }, { "date": "2023-11-24", "close": 22.422911, "volume": 2594, "typical_volume": 24532.9, "trend": 24.945489, "fair_value": 35.98539, "relative_strength": -13.656114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.976033, "energy": 22.428726, "activity_lines": [ 22.645935, 22.429487, 23.543196, 24.237044 ] }, { "date": "2023-12-01", "close": 22.965401, "volume": 5770, "typical_volume": 23952.3, "trend": 24.861102, "fair_value": 35.874108, "relative_strength": -12.311599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.104501, "energy": 17.782768, "activity_lines": [ 22.832792, 22.4936, 23.392935, 24.109297 ] }, { "date": "2023-12-08", "close": 23.055817, "volume": 12028, "typical_volume": 24304.6, "trend": 24.740549, "fair_value": 35.765478, "relative_strength": -14.191984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.236035, "energy": 17.493149, "activity_lines": [ 22.941291, 22.616893, 23.27066, 23.992827 ] }, { "date": "2023-12-15", "close": 22.694157, "volume": 13390, "typical_volume": 24370.5, "trend": 24.635065, "fair_value": 35.655635, "relative_strength": -17.84023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.278709, "energy": 18.218561, "activity_lines": [ 22.838821, 22.676074, 23.127287, 23.860801 ] }, { "date": "2023-12-22", "close": 24.050381, "volume": 8542, "typical_volume": 24553.75, "trend": 24.589857, "fair_value": 35.558925, "relative_strength": -12.287734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.019524, "energy": 13.290845, "activity_lines": [ 23.236646, 22.971977, 23.130732, 23.82308 ] }, { "date": "2023-12-29", "close": 26.039509, "volume": 7281, "typical_volume": 24480.25, "trend": 24.623009, "fair_value": 35.480252, "relative_strength": -5.674123, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.656033, "energy": 10.754085, "activity_lines": [ 24.237238, 23.586799, 23.332658, 23.916606 ] }, { "date": "2024-01-05", "close": 26.581999, "volume": 8237, "typical_volume": 24751.95, "trend": 24.692327, "fair_value": 35.407316, "relative_strength": -1.258444, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.026823, "energy": 31.74884, "activity_lines": [ 25.177554, 24.222991, 23.592278, 24.042992 ] }, { "date": "2024-01-12", "close": 26.220341, "volume": 9382, "typical_volume": 24760.4, "trend": 24.692327, "fair_value": 35.332625, "relative_strength": -3.346294, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.333408, "energy": 43.597955, "activity_lines": [ 25.75621, 24.698081, 23.820038, 24.141574 ] }, { "date": "2024-01-19", "close": 27.124489, "volume": 6237, "typical_volume": 16713.85, "trend": 24.71041, "fair_value": 35.26643, "relative_strength": 2.37744, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.723411, "energy": 50.106703, "activity_lines": [ 26.42528, 25.255366, 24.143379, 24.298487 ] }, { "date": "2024-01-26", "close": 26.310755, "volume": 5735, "typical_volume": 16000.05, "trend": 24.716438, "fair_value": 35.194785, "relative_strength": -3.537844, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.585862, "energy": 43.366469, "activity_lines": [ 26.527751, 25.597299, 24.384916, 24.401735 ] }, { "date": "2024-02-02", "close": 26.853245, "volume": 13694, "typical_volume": 14521.35, "trend": 24.758632, "fair_value": 35.128582, "relative_strength": -1.445158, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.981117, "energy": 38.271816, "activity_lines": [ 26.66036, 25.980329, 24.673814, 24.539594 ] }, { "date": "2024-02-09", "close": 27.576565, "volume": 18250, "typical_volume": 15110.4, "trend": 24.776715, "fair_value": 35.069117, "relative_strength": 1.936148, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.801667, "energy": 38.801878, "activity_lines": [ 26.979826, 26.414321, 25.023849, 24.721396 ] }, { "date": "2024-02-16", "close": 24.954531, "volume": 10127, "typical_volume": 14742.85, "trend": 24.746576, "fair_value": 34.990097, "relative_strength": -9.580666, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.700828, "energy": 20.870757, "activity_lines": [ 26.358977, 26.28774, 25.113403, 24.732868 ] }, { "date": "2024-02-23", "close": 25.858681, "volume": 8551, "typical_volume": 14113.45, "trend": 24.728493, "fair_value": 34.919311, "relative_strength": -6.729295, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 39.448302, "energy": 22.204359, "activity_lines": [ 26.123898, 26.291028, 25.280455, 24.804617 ] }, { "date": "2024-03-01", "close": 24.321625, "volume": 13214, "typical_volume": 12109.05, "trend": 24.674244, "fair_value": 34.83779, "relative_strength": -12.556301, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 28.21284, "energy": 13.909585, "activity_lines": [ 25.460854, 25.957315, 25.283469, 24.778367 ] }, { "date": "2024-03-08", "close": 23.688719, "volume": 12436, "typical_volume": 9948.25, "trend": 24.553691, "fair_value": 34.752683, "relative_strength": -15.204488, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.484394, "energy": 14.671307, "activity_lines": [ 24.719451, 25.503596, 25.21372, 24.714785 ] }, { "date": "2024-03-15", "close": 23.327061, "volume": 11563, "typical_volume": 10243.0, "trend": 24.42711, "fair_value": 34.666125, "relative_strength": -17.425402, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.082609, "energy": 14.847679, "activity_lines": [ 24.068463, 25.026862, 25.100486, 24.635648 ] }, { "date": "2024-03-22", "close": 23.959965, "volume": 23682, "typical_volume": 10757.65, "trend": 24.28546, "fair_value": 34.585628, "relative_strength": -14.762228, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.689647, "energy": 15.18172, "activity_lines": [ 23.911744, 24.724383, 25.038056, 24.605509 ] }, { "date": "2024-03-29", "close": 22.874985, "volume": 5115, "typical_volume": 10242.8, "trend": 24.173948, "fair_value": 34.498235, "relative_strength": -17.824166, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.979836, "energy": 20.963106, "activity_lines": [ 23.459669, 24.265732, 24.861532, 24.514511 ] }, { "date": "2024-04-05", "close": 22.965401, "volume": 8244, "typical_volume": 10203.6, "trend": 24.092574, "fair_value": 34.412806, "relative_strength": -16.6991, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.766722, "energy": 26.621161, "activity_lines": [ 23.236645, 23.900785, 24.696202, 24.43654 ] }, { "date": "2024-04-12", "close": 23.417475, "volume": 5752, "typical_volume": 10361.5, "trend": 24.032298, "fair_value": 34.331958, "relative_strength": -14.632299, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.72923, "energy": 19.1609, "activity_lines": [ 23.254728, 23.678857, 24.574787, 24.392985 ] }, { "date": "2024-04-19", "close": 22.513327, "volume": 8672, "typical_volume": 10506.6, "trend": 23.938869, "fair_value": 34.245691, "relative_strength": -17.237468, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.701095, "energy": 22.713845, "activity_lines": [ 22.989512, 23.355007, 24.362527, 24.294987 ] }, { "date": "2024-04-26", "close": 22.784571, "volume": 7811, "typical_volume": 10295.75, "trend": 23.926814, "fair_value": 34.162639, "relative_strength": -17.677731, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.650784, "energy": 17.641596, "activity_lines": [ 22.868958, 23.172533, 24.178253, 24.220516 ] }, { "date": "2024-05-03", "close": 22.784571, "volume": 1299, "typical_volume": 9691.2, "trend": 23.94791, "fair_value": 34.080783, "relative_strength": -16.750109, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.019289, "energy": 16.744047, "activity_lines": [ 22.826765, 23.029513, 23.99527, 24.146823 ] }, { "date": "2024-05-10", "close": 23.598305, "volume": 12143, "typical_volume": 9871.25, "trend": 24.011201, "fair_value": 34.005908, "relative_strength": -16.216482, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.711742, "energy": 13.607849, "activity_lines": [ 23.061843, 23.090338, 23.889356, 24.124268 ] }, { "date": "2024-05-17", "close": 22.580338, "volume": 8699, "typical_volume": 9942.15, "trend": 24.037545, "fair_value": 33.924876, "relative_strength": -18.657053, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -49.927551, "energy": 23.487861, "activity_lines": [ 22.915406, 22.979229, 23.688644, 24.031954 ] }, { "date": "2024-05-24", "close": 23.135593, "volume": 11017, "typical_volume": 10081.15, "trend": 24.097467, "fair_value": 33.848895, "relative_strength": -17.010965, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.764826, "energy": 18.275264, "activity_lines": [ 23.009863, 22.989227, 23.557287, 23.973764 ] }, { "date": "2024-05-31", "close": 23.043051, "volume": 7966, "typical_volume": 10010.35, "trend": 24.142249, "fair_value": 33.773329, "relative_strength": -16.381129, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.935966, "energy": 17.167783, "activity_lines": [ 23.031988, 22.985882, 23.433527, 23.905737 ] }, { "date": "2024-06-07", "close": 22.950508, "volume": 2475, "typical_volume": 9822.25, "trend": 24.126684, "fair_value": 33.698171, "relative_strength": -17.049781, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.388943, "energy": 18.681114, "activity_lines": [ 23.006034, 22.982381, 23.316084, 23.82885 ] }, { "date": "2024-06-14", "close": 22.025084, "volume": 8994, "typical_volume": 9985.2, "trend": 24.089312, "fair_value": 33.617667, "relative_strength": -18.066078, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.807676, "energy": 27.438765, "activity_lines": [ 22.660542, 22.809248, 23.130381, 23.693263 ] }, { "date": "2024-06-21", "close": 21.284746, "volume": 4432, "typical_volume": 9522.1, "trend": 24.051373, "fair_value": 33.533195, "relative_strength": -20.668068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.533136, "energy": 37.952132, "activity_lines": [ 22.173152, 22.518605, 22.894578, 23.512324 ] }, { "date": "2024-06-28", "close": 21.099661, "volume": 3748, "typical_volume": 8797.0, "trend": 23.989182, "fair_value": 33.448613, "relative_strength": -20.772542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.568268, "energy": 42.633517, "activity_lines": [ 21.710441, 22.233087, 22.667664, 23.321891 ] }, { "date": "2024-07-05", "close": 21.840002, "volume": 6714, "typical_volume": 8626.35, "trend": 23.948655, "fair_value": 33.370176, "relative_strength": -17.140237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.462509, "energy": 40.608696, "activity_lines": [ 21.630238, 22.10788, 22.542101, 23.183234 ] }, { "date": "2024-07-12", "close": 21.284746, "volume": 3095, "typical_volume": 8353.55, "trend": 23.901674, "fair_value": 33.289066, "relative_strength": -20.940758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.878394, "energy": 37.825538, "activity_lines": [ 21.445153, 21.898891, 22.378488, 23.011369 ] }, { "date": "2024-07-19", "close": 27.762712, "volume": 39656, "typical_volume": 9675.65, "trend": 24.025419, "fair_value": 33.252224, "relative_strength": 5.687542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.024155, "energy": 6.609059, "activity_lines": [ 23.530441, 22.894983, 22.853605, 23.260468 ] }, { "date": "2024-07-26", "close": 25.541695, "volume": 7179, "typical_volume": 9412.8, "trend": 24.008825, "fair_value": 33.201161, "relative_strength": -2.742509, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.703109, "energy": 19.686506, "activity_lines": [ 24.492882, 23.411538, 23.10081, 23.358292 ] }, { "date": "2024-08-02", "close": 25.171528, "volume": 9009, "typical_volume": 9285.1, "trend": 23.961809, "fair_value": 33.148334, "relative_strength": 0.481947, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.606487, "energy": 25.083127, "activity_lines": [ 25.048137, 23.806947, 23.303938, 23.433305 ] }, { "date": "2024-08-09", "close": 24.616272, "volume": 10083, "typical_volume": 8605.15, "trend": 23.90834, "fair_value": 33.092569, "relative_strength": -0.951999, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.103854, "energy": 26.376326, "activity_lines": [ 25.146848, 24.064383, 23.4454, 23.475529 ] }, { "date": "2024-08-16", "close": 25.541695, "volume": 6598, "typical_volume": 8679.3, "trend": 23.85558, "fair_value": 33.043537, "relative_strength": 0.236877, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.346796, "energy": 35.34535, "activity_lines": [ 25.36895, 24.461474, 23.671873, 23.580906 ] }, { "date": "2024-08-23", "close": 26.096951, "volume": 2936, "typical_volume": 8413.9, "trend": 23.848454, "fair_value": 32.998721, "relative_strength": 1.939873, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.219571, "energy": 25.455411, "activity_lines": [ 25.49234, 24.912408, 23.938529, 23.725511 ] }, { "date": "2024-08-30", "close": 24.616272, "volume": 6055, "typical_volume": 8429.05, "trend": 23.773888, "fair_value": 32.944987, "relative_strength": -4.743132, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.93662, "energy": 26.644248, "activity_lines": [ 25.233221, 25.020093, 24.049256, 23.775048 ] }, { "date": "2024-09-06", "close": 26.467121, "volume": 17858, "typical_volume": 8888.35, "trend": 23.736906, "fair_value": 32.728182, "relative_strength": 7.37386, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.738547, "energy": 30.891563, "activity_lines": [ 25.652747, 25.403724, 24.330546, 23.948805 ] }, { "date": "2024-09-13", "close": 24.246101, "volume": 18655, "typical_volume": 9430.55, "trend": 23.713292, "fair_value": 32.518468, "relative_strength": -3.003113, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.879109, "energy": 20.097858, "activity_lines": [ 25.24556, 25.285942, 24.381482, 23.981656 ] }, { "date": "2024-09-20", "close": 24.061018, "volume": 7861, "typical_volume": 9758.65, "trend": 23.65337, "fair_value": 32.29134, "relative_strength": -5.323821, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.814226, "energy": 15.290433, "activity_lines": [ 24.801357, 25.090762, 24.407831, 24.00409 ] }, { "date": "2024-09-27", "close": 24.246101, "volume": 9627, "typical_volume": 9632.85, "trend": 23.650852, "fair_value": 32.058443, "relative_strength": -6.491857, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.740756, "energy": 13.571229, "activity_lines": [ 24.51756, 24.878756, 24.445729, 24.042331 ] }, { "date": "2024-10-04", "close": 24.246101, "volume": 6566, "typical_volume": 9526.2, "trend": 23.669432, "fair_value": 31.836558, "relative_strength": -5.030877, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.952742, "energy": 15.015298, "activity_lines": [ 24.357152, 24.730688, 24.480543, 24.080734 ] }, { "date": "2024-10-11", "close": 24.986441, "volume": 8251, "typical_volume": 9387.9, "trend": 23.724745, "fair_value": 31.635647, "relative_strength": -1.51126, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.632853, "energy": 14.631699, "activity_lines": [ 24.468203, 24.740783, 24.577933, 24.165702 ] }, { "date": "2024-10-18", "close": 26.467121, "volume": 3232, "typical_volume": 9151.2, "trend": 23.808316, "fair_value": 31.440171, "relative_strength": 4.159127, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.848798, "energy": 22.744682, "activity_lines": [ 25.171526, 25.023458, 24.807526, 24.34263 ] }, { "date": "2024-10-25", "close": 24.986441, "volume": 7887, "typical_volume": 9421.8, "trend": 23.878698, "fair_value": 31.227669, "relative_strength": -1.442003, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.980869, "energy": 21.440337, "activity_lines": [ 25.233221, 25.003267, 24.879797, 24.418638 ] }, { "date": "2024-11-01", "close": 24.801355, "volume": 13272, "typical_volume": 9635.7, "trend": 23.939897, "fair_value": 30.950515, "relative_strength": -0.732335, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.641713, "energy": 21.912015, "activity_lines": [ 25.171526, 24.95952, 24.924746, 24.478164 ] }, { "date": "2024-11-08", "close": 24.061018, "volume": 5815, "typical_volume": 9704.85, "trend": 23.961348, "fair_value": 30.686873, "relative_strength": -3.435973, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.042597, "energy": 13.056747, "activity_lines": [ 24.826034, 24.804721, 24.885967, 24.485978 ] }, { "date": "2024-11-15", "close": 24.986441, "volume": 8233, "typical_volume": 9929.1, "trend": 24.043785, "fair_value": 30.418731, "relative_strength": 2.341229, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.36699, "energy": 9.185051, "activity_lines": [ 24.801356, 24.828278, 24.922102, 24.552113 ] }, { "date": "2024-11-22", "close": 24.061018, "volume": 6134, "typical_volume": 9900.1, "trend": 24.086334, "fair_value": 30.162044, "relative_strength": -1.515371, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.74, "energy": 8.085425, "activity_lines": [ 24.468204, 24.710497, 24.851594, 24.553225 ] }, { "date": "2024-11-29", "close": 24.801355, "volume": 7005, "typical_volume": 10095.6, "trend": 24.15356, "fair_value": 29.921404, "relative_strength": 1.59337, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.13914, "energy": 8.303546, "activity_lines": [ 24.542237, 24.730687, 24.841017, 24.599355 ] }, { "date": "2024-12-06", "close": 24.616272, "volume": 5771, "typical_volume": 8401.35, "trend": 24.187492, "fair_value": 29.673782, "relative_strength": -2.932025, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.795516, "energy": 7.033611, "activity_lines": [ 24.566916, 24.703766, 24.796068, 24.629208 ] }, { "date": "2024-12-13", "close": 24.061018, "volume": 8553, "typical_volume": 8470.05, "trend": 24.236848, "fair_value": 29.43883, "relative_strength": -2.952726, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.909074, "energy": 6.625811, "activity_lines": [ 24.418848, 24.569159, 24.713221, 24.621048 ] }, { "date": "2024-12-20", "close": 22.765425, "volume": 16815, "typical_volume": 8860.35, "trend": 24.224509, "fair_value": 29.180792, "relative_strength": -4.974216, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.388509, "energy": 20.965332, "activity_lines": [ 23.838916, 24.202355, 24.514034, 24.526118 ] }, { "date": "2024-12-27", "close": 22.950508, "volume": 4587, "typical_volume": 8585.55, "trend": 24.221424, "fair_value": 28.919885, "relative_strength": -4.488007, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.127631, "energy": 30.29419, "activity_lines": [ 23.468746, 23.909584, 24.343933, 24.443924 ] }, { "date": "2025-01-03", "close": 24.061018, "volume": 4784, "typical_volume": 8494.85, "trend": 24.258441, "fair_value": 28.676528, "relative_strength": -0.35754, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -20.46428, "energy": 26.64253, "activity_lines": [ 23.54278, 23.882663, 24.287526, 24.433575 ] }, { "date": "2025-01-10", "close": 24.061018, "volume": 13816, "typical_volume": 9038.85, "trend": 24.326306, "fair_value": 28.44824, "relative_strength": -0.526145, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -19.368906, "energy": 21.792904, "activity_lines": [ 23.66617, 23.872568, 24.23817, 24.420838 ] }, { "date": "2025-01-17", "close": 24.061018, "volume": 7837, "typical_volume": 9127.95, "trend": 24.418848, "fair_value": 28.220532, "relative_strength": -3.581284, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.236886, "energy": 19.772173, "activity_lines": [ 23.826577, 23.875933, 24.198509, 24.403723 ] }, { "date": "2025-01-24", "close": 28.87322, "volume": 14107, "typical_volume": 8940.4, "trend": 24.677967, "fair_value": 28.032366, "relative_strength": 13.500435, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.512817, "energy": 25.250519, "activity_lines": [ 25.591051, 24.754244, 24.619797, 24.691102 ] }, { "date": "2025-01-31", "close": 27.577627, "volume": 6992, "typical_volume": 8357.25, "trend": 24.869221, "fair_value": 27.84111, "relative_strength": 8.596807, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.899421, "energy": 49.35424, "activity_lines": [ 26.516475, 25.326324, 24.906238, 24.878177 ] }, { "date": "2025-02-07", "close": 31.279322, "volume": 23536, "typical_volume": 9141.0, "trend": 25.202373, "fair_value": 27.675902, "relative_strength": 24.577871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.27189, "energy": 74.753432, "activity_lines": [ 28.367322, 26.507501, 25.529356, 25.291731 ] }, { "date": "2025-02-14", "close": 29.428474, "volume": 16853, "typical_volume": 9502.3, "trend": 25.257899, "fair_value": 27.537081, "relative_strength": 13.766244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.22879, "energy": 72.178283, "activity_lines": [ 29.12, 27.234379, 25.941831, 25.564383 ] }, { "date": "2025-02-21", "close": 28.50305, "volume": 8722, "typical_volume": 9610.1, "trend": 25.356611, "fair_value": 27.416671, "relative_strength": 9.929041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.875448, "energy": 67.899191, "activity_lines": [ 29.206372, 27.705504, 26.241492, 25.773748 ] }, { "date": "2025-02-28", "close": 29.243391, "volume": 8540, "typical_volume": 9624.55, "trend": 25.492339, "fair_value": 27.317235, "relative_strength": 12.57238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.943615, "energy": 60.236984, "activity_lines": [ 29.24339, 28.230472, 26.59139, 26.024508 ] }, { "date": "2025-03-07", "close": 28.132883, "volume": 3597, "typical_volume": 9642.8, "trend": 25.60956, "fair_value": 27.219374, "relative_strength": 7.947437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.659006, "energy": 36.512733, "activity_lines": [ 28.88556, 28.435748, 26.815255, 26.194865 ] }, { "date": "2025-03-14", "close": 27.392544, "volume": 2269, "typical_volume": 9361.9, "trend": 25.671255, "fair_value": 27.080833, "relative_strength": 6.7257, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.94042, "energy": 24.107076, "activity_lines": [ 28.243933, 28.412192, 26.960678, 26.309897 ] }, { "date": "2025-03-21", "close": 26.652203, "volume": 3967, "typical_volume": 8896.65, "trend": 25.689763, "fair_value": 26.912625, "relative_strength": 5.790062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.77627, "energy": 17.678481, "activity_lines": [ 27.614645, 28.193455, 27.024136, 26.373184 ] }, { "date": "2025-03-28", "close": 28.50305, "volume": 2427, "typical_volume": 8727.25, "trend": 25.819322, "fair_value": 26.75686, "relative_strength": 16.496733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.53257, "energy": 17.558551, "activity_lines": [ 27.78739, 28.264123, 27.255051, 26.554686 ] }, { "date": "2025-04-04", "close": 25.356609, "volume": 3984, "typical_volume": 8514.8, "trend": 25.782305, "fair_value": 26.578028, "relative_strength": 14.770606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.115313, "energy": 14.226362, "activity_lines": [ 26.911322, 27.681948, 27.165153, 26.524833 ] }, { "date": "2025-04-11", "close": 25.634237, "volume": 10471, "typical_volume": 8731.65, "trend": 25.828577, "fair_value": 26.415465, "relative_strength": 16.075976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.465205, "energy": 13.557807, "activity_lines": [ 26.386915, 27.214188, 27.099932, 26.515281 ] }, { "date": "2025-04-18", "close": 23.783392, "volume": 18593, "typical_volume": 9311.05, "trend": 25.819322, "fair_value": 26.246254, "relative_strength": 3.903451, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.218945, "energy": 17.671006, "activity_lines": [ 25.412136, 26.445245, 26.850949, 26.383333 ] }, { "date": "2025-04-25", "close": 24.061018, "volume": 3064, "typical_volume": 9175.7, "trend": 25.813153, "fair_value": 26.113598, "relative_strength": 1.821632, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.175225, "energy": 25.639796, "activity_lines": [ 24.770509, 25.86307, 26.633255, 26.269894 ] }, { "date": "2025-05-02", "close": 24.708815, "volume": 3645, "typical_volume": 8930.3, "trend": 25.828577, "fair_value": 26.000743, "relative_strength": 2.836548, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.354159, "energy": 30.052745, "activity_lines": [ 24.51756, 25.496266, 26.479899, 26.198647 ] }, { "date": "2025-05-09", "close": 25.779661, "volume": 4005, "typical_volume": 8289.8, "trend": 25.855017, "fair_value": 25.905184, "relative_strength": 7.55997, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.272013, "energy": 27.108793, "activity_lines": [ 24.874509, 25.393147, 26.425444, 26.195491 ] }, { "date": "2025-05-16", "close": 27.593786, "volume": 16154, "typical_volume": 8868.15, "trend": 25.892573, "fair_value": 25.81459, "relative_strength": 10.356322, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 9.371608, "energy": 7.082102, "activity_lines": [ 25.807963, 25.682846, 26.529409, 26.307669 ] }, { "date": "2025-05-23", "close": 27.307346, "volume": 4525, "typical_volume": 8855.2, "trend": 25.969936, "fair_value": 25.712596, "relative_strength": 11.570969, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.65803, "energy": 10.971447, "activity_lines": [ 26.5153, 25.930267, 26.583983, 26.398945 ] }, { "date": "2025-05-30", "close": 29.598871, "volume": 47018, "typical_volume": 10515.3, "trend": 26.129854, "fair_value": 25.650214, "relative_strength": 19.434816, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.413293, "energy": 30.932898, "activity_lines": [ 27.751549, 26.595878, 26.841339, 26.63307 ] }, { "date": "2025-06-06", "close": 30.362711, "volume": 28441, "typical_volume": 11545.5, "trend": 26.33991, "fair_value": 25.593598, "relative_strength": 20.510636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.553045, "energy": 46.880107, "activity_lines": [ 28.873221, 27.346793, 27.145071, 26.906158 ] }, { "date": "2025-06-13", "close": 31.317514, "volume": 22028, "typical_volume": 11941.55, "trend": 26.550946, "fair_value": 25.562518, "relative_strength": 26.422501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.751602, "energy": 63.199648, "activity_lines": [ 29.936234, 28.237496, 27.509728, 27.227293 ] }, { "date": "2025-06-20", "close": 29.598871, "volume": 15008, "typical_volume": 12342.35, "trend": 26.735541, "fair_value": 25.52216, "relative_strength": 19.222719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.384677, "energy": 59.431854, "activity_lines": [ 30.057175, 28.707339, 27.699066, 27.423934 ] }, { "date": "2025-06-27", "close": 28.930508, "volume": 7229, "typical_volume": 11527.0, "trend": 26.873179, "fair_value": 25.490268, "relative_strength": 13.071682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.893719, "energy": 48.072975, "activity_lines": [ 29.821657, 28.983577, 27.815125, 27.565544 ] }, { "date": "2025-07-04", "close": 30.935595, "volume": 17370, "typical_volume": 11552.85, "trend": 27.083823, "fair_value": 25.45703, "relative_strength": 19.751937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.886755, "energy": 43.625576, "activity_lines": [ 30.146291, 29.530793, 28.13333, 27.827636 ] }, { "date": "2025-07-11", "close": 30.744635, "volume": 5692, "typical_volume": 11401.35, "trend": 27.306611, "fair_value": 25.442563, "relative_strength": 16.621903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.073045, "energy": 34.227406, "activity_lines": [ 30.318156, 29.918296, 28.426171, 28.063817 ] }, { "date": "2025-07-18", "close": 29.598871, "volume": 22174, "typical_volume": 12083.05, "trend": 27.534392, "fair_value": 25.425388, "relative_strength": 12.031934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.961024, "energy": 27.795934, "activity_lines": [ 30.082638, 29.987736, 28.599217, 28.211705 ] }, { "date": "2025-07-25", "close": 29.121469, "volume": 5825, "typical_volume": 12194.45, "trend": 27.740091, "fair_value": 25.39501, "relative_strength": 7.450837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.940558, "energy": 21.893581, "activity_lines": [ 29.802562, 29.900936, 28.725104, 28.314097 ] }, { "date": "2025-08-01", "close": 26.829945, "volume": 13144, "typical_volume": 12738.2, "trend": 27.832388, "fair_value": 25.363853, "relative_strength": 1.764774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.801795, "energy": 11.48342, "activity_lines": [ 28.790472, 29.369718, 28.628043, 28.255378 ] }, { "date": "2025-08-08", "close": 25.779661, "volume": 12017, "typical_volume": 13140.7, "trend": 27.889677, "fair_value": 25.340453, "relative_strength": -4.806463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.675503, "energy": 12.708332, "activity_lines": [ 27.568325, 28.656221, 28.433634, 28.122944 ] }, { "date": "2025-08-15", "close": 25.493221, "volume": 8336, "typical_volume": 13436.15, "trend": 27.937417, "fair_value": 25.321302, "relative_strength": -7.135128, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.984194, "energy": 23.173877, "activity_lines": [ 26.594426, 27.960083, 28.2161, 27.968334 ] }, { "date": "2025-08-22", "close": 26.066101, "volume": 3573, "typical_volume": 13415.6, "trend": 27.843846, "fair_value": 25.314808, "relative_strength": -6.678826, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.193491, "energy": 30.347355, "activity_lines": [ 26.161582, 27.456642, 28.067459, 27.847604 ] }, { "date": "2025-08-29", "close": 25.970623, "volume": 2838, "typical_volume": 13033.95, "trend": 27.790279, "fair_value": 25.307701, "relative_strength": -4.838683, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.436624, "energy": 39.523362, "activity_lines": [ 25.93243, 27.031321, 27.906346, 27.726751 ] }, { "date": "2025-09-05", "close": 25.302259, "volume": 5550, "typical_volume": 12381.8, "trend": 27.591044, "fair_value": 25.313407, "relative_strength": -7.143398, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.033147, "energy": 41.131499, "activity_lines": [ 25.690546, 26.550447, 27.679977, 27.566233 ] }, { "date": "2025-09-12", "close": 25.588699, "volume": 12038, "typical_volume": 12830.5, "trend": 27.463051, "fair_value": 25.326746, "relative_strength": -6.420263, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.985117, "energy": 31.743204, "activity_lines": [ 25.645988, 26.187622, 27.473655, 27.43705 ] }, { "date": "2025-09-19", "close": 24.82486, "volume": 10457, "typical_volume": 13171.1, "trend": 27.340445, "fair_value": 25.34678, "relative_strength": -9.602074, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.025118, "energy": 43.053124, "activity_lines": [ 25.359548, 25.783133, 27.187313, 27.266844 ] }, { "date": "2025-09-26", "close": 25.684181, "volume": 23367, "typical_volume": 14139.2, "trend": 27.221805, "fair_value": 25.376958, "relative_strength": -6.501086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.586841, "energy": 36.412325, "activity_lines": [ 25.404106, 25.642517, 26.982258, 27.159988 ] }, { "date": "2025-10-03", "close": 25.779661, "volume": 3795, "typical_volume": 13521.25, "trend": 27.143364, "fair_value": 25.399635, "relative_strength": -9.076913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.67916, "energy": 30.435777, "activity_lines": [ 25.505951, 25.590437, 26.78675, 27.066947 ] }, { "date": "2025-10-10", "close": 24.156496, "volume": 5306, "typical_volume": 13560.3, "trend": 27.035496, "fair_value": 25.414515, "relative_strength": -14.009912, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.325754, "energy": 39.086628, "activity_lines": [ 25.079472, 25.303996, 26.445295, 26.874245 ] }, { "date": "2025-10-17", "close": 23.106216, "volume": 7175, "typical_volume": 11568.15, "trend": 26.917296, "fair_value": 25.423822, "relative_strength": -17.310202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.972155, "energy": 58.664462, "activity_lines": [ 24.379285, 24.875203, 26.018816, 26.620743 ] }, { "date": "2025-10-24", "close": 21.578531, "volume": 27149, "typical_volume": 11503.55, "trend": 26.686479, "fair_value": 25.408556, "relative_strength": -24.881393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.930158, "energy": 73.349278, "activity_lines": [ 23.335367, 24.217257, 25.477762, 26.276307 ] }, { "date": "2025-10-31", "close": 22.533335, "volume": 23483, "typical_volume": 11576.3, "trend": 26.59237, "fair_value": 25.396513, "relative_strength": -20.765794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.820421, "energy": 71.286814, "activity_lines": [ 22.82614, 23.804089, 25.06947, 26.008362 ] }, { "date": "2025-11-07", "close": 20.432768, "volume": 4312, "typical_volume": 11041.5, "trend": 26.418987, "fair_value": 25.379409, "relative_strength": -26.996012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.797803, "energy": 80.281941, "activity_lines": [ 21.82678, 23.073231, 24.502954, 25.610969 ] }, { "date": "2025-11-14", "close": 19.955368, "volume": 15180, "typical_volume": 11439.05, "trend": 26.291387, "fair_value": 25.357216, "relative_strength": -28.960131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.250453, "energy": 81.581434, "activity_lines": [ 21.024746, 22.356261, 23.93462, 25.193961 ] }, { "date": "2025-11-21", "close": 19.764408, "volume": 8429, "typical_volume": 10992.0, "trend": 26.148166, "fair_value": 25.333509, "relative_strength": -27.827819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.882846, "energy": 79.503977, "activity_lines": [ 20.439134, 21.701788, 23.390837, 24.772865 ] }, { "date": "2025-11-28", "close": 19.573446, "volume": 7840, "typical_volume": 11099.4, "trend": 25.976987, "fair_value": 25.312635, "relative_strength": -30.416898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.972658, "energy": 79.946755, "activity_lines": [ 20.012656, 21.11849, 22.882064, 24.34869 ] }, { "date": "2025-12-05", "close": 18.379944, "volume": 35545, "typical_volume": 11767.95, "trend": 25.73033, "fair_value": 25.279474, "relative_strength": -35.197979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.949252, "energy": 79.433389, "activity_lines": [ 19.322015, 20.413673, 22.31282, 23.858558 ] }, { "date": "2025-12-12", "close": 19.668928, "volume": 165425, "typical_volume": 19747.95, "trend": 25.466168, "fair_value": 25.252257, "relative_strength": -30.189057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.627577, "energy": 56.655266, "activity_lines": [ 19.337929, 20.07602, 21.91976, 23.4675 ] }, { "date": "2025-12-19", "close": 20.62373, "volume": 21356, "typical_volume": 20158.55, "trend": 25.243381, "fair_value": 25.224206, "relative_strength": -27.049517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.220377, "energy": 49.922474, "activity_lines": [ 19.723033, 20.023072, 21.662645, 23.155085 ] }, { "date": "2025-12-26", "close": 22.628815, "volume": 17961, "typical_volume": 20455.75, "trend": 25.011046, "fair_value": 25.210746, "relative_strength": -19.97979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.06475, "energy": 33.177932, "activity_lines": [ 20.731941, 20.398917, 21.626044, 22.986403 ] }, { "date": "2026-01-02", "close": 23.010735, "volume": 11614, "typical_volume": 20619.65, "trend": 24.76598, "fair_value": 25.205241, "relative_strength": -19.286518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.912739, "energy": 22.128021, "activity_lines": [ 21.677195, 20.852882, 21.640821, 22.857351 ] }, { "date": "2026-01-09", "close": 22.915255, "volume": 30020, "typical_volume": 21942.0, "trend": 24.485905, "fair_value": 25.193618, "relative_strength": -21.867597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.875366, "energy": 23.804846, "activity_lines": [ 22.36147, 21.263447, 21.658326, 22.737949 ] }, { "date": "2026-01-16", "close": 20.91017, "volume": 37678, "typical_volume": 23684.0, "trend": 24.196281, "fair_value": 25.172329, "relative_strength": -29.900948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.942539, "energy": 23.183092, "activity_lines": [ 22.075029, 21.302507, 21.499874, 22.507256 ] }, { "date": "2026-01-23", "close": 19.764408, "volume": 9750, "typical_volume": 23894.0, "trend": 23.890744, "fair_value": 25.126888, "relative_strength": -32.62027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.351503, "energy": 21.125296, "activity_lines": [ 21.323918, 21.124567, 21.2564, 22.221329 ] }, { "date": "2026-01-30", "close": 19.382486, "volume": 12297, "typical_volume": 23906.95, "trend": 23.505641, "fair_value": 25.083345, "relative_strength": -33.690927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.394209, "energy": 38.721152, "activity_lines": [ 20.502788, 20.880658, 21.002922, 21.930474 ] }, { "date": "2026-02-06", "close": 21.00565, "volume": 31725, "typical_volume": 24970.35, "trend": 23.181008, "fair_value": 25.047599, "relative_strength": -29.582372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.55308, "energy": 39.074361, "activity_lines": [ 20.439134, 20.938814, 20.933586, 21.769184 ] }, { "date": "2026-02-13", "close": 20.432768, "volume": 24691, "typical_volume": 25036.55, "trend": 22.875471, "fair_value": 24.996879, "relative_strength": -30.892439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.174966, "energy": 42.443014, "activity_lines": [ 20.318192, 20.86677, 20.827875, 21.591878 ] }, { "date": "2026-02-20", "close": 20.71921, "volume": 316057, "typical_volume": 40649.65, "trend": 22.595396, "fair_value": 24.925682, "relative_strength": -30.70592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.69139, "energy": 27.492303, "activity_lines": [ 20.45823, 20.809482, 20.774452, 21.452765 ] }, { "date": "2026-02-27", "close": 20.52825, "volume": 29377, "typical_volume": 41853.2, "trend": 22.385339, "fair_value": 24.851521, "relative_strength": -31.635372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.718974, "energy": 23.380996, "activity_lines": [ 20.547345, 20.698378, 20.726939, 21.3194 ] }, { "date": "2026-03-06", "close": 19.287006, "volume": 17402, "typical_volume": 42364.55, "trend": 22.168918, "fair_value": 24.790269, "relative_strength": -31.313823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.017517, "energy": 31.919421, "activity_lines": [ 20.17179, 20.363329, 20.57849, 21.119508 ] }, { "date": "2026-03-13", "close": 19.859886, "volume": 6039, "typical_volume": 41309.05, "trend": 21.98114, "fair_value": 24.738774, "relative_strength": -28.266704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.935151, "energy": 29.714879, "activity_lines": [ 19.993559, 20.1932, 20.502788, 20.970538 ] }, { "date": "2026-03-20", "close": 19.096046, "volume": 8991, "typical_volume": 40584.45, "trend": 21.748805, "fair_value": 24.693975, "relative_strength": -26.78425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.331113, "energy": 41.612534, "activity_lines": [ 19.6371, 19.94148, 20.362523, 20.784403 ] }, { "date": "2026-03-27", "close": 18.666384, "volume": 29945, "typical_volume": 41866.1, "trend": 21.50533, "fair_value": 24.656274, "relative_strength": -27.695781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.223977, "energy": 54.637318, "activity_lines": [ 19.226535, 19.681079, 20.197706, 20.585537 ] }, { "date": "2026-04-03", "close": 18.093504, "volume": 48767, "typical_volume": 43545.45, "trend": 21.265038, "fair_value": 24.609396, "relative_strength": -31.592338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.146372, "energy": 58.534328, "activity_lines": [ 18.761865, 19.357314, 19.98674, 20.365419 ] }, { "date": "2026-04-10", "close": 18.523163, "volume": 71600, "typical_volume": 46704.0, "trend": 21.02952, "fair_value": 24.544986, "relative_strength": -32.443496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.042623, "energy": 55.743989, "activity_lines": [ 18.602731, 19.142049, 19.82556, 20.188524 ] }, { "date": "2026-04-17", "close": 17.950281, "volume": 44047, "typical_volume": 48514.35, "trend": 20.800368, "fair_value": 24.478062, "relative_strength": -35.390975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.874984, "energy": 61.507506, "activity_lines": [ 18.303559, 18.838248, 19.615731, 19.989864 ] }, { "date": "2026-04-24", "close": 17.186441, "volume": 59419, "typical_volume": 49708.05, "trend": 20.51711, "fair_value": 24.420153, "relative_strength": -35.906325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.477918, "energy": 65.205737, "activity_lines": [ 17.877081, 18.45112, 19.340884, 19.756707 ] }, { "date": "2026-05-01", "close": 17.1, "volume": 26312, "typical_volume": 42752.4, "trend": 20.227788, "fair_value": 24.366326, "relative_strength": -34.737524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.039828, "energy": 61.271444, "activity_lines": [ 17.549096, 18.107298, 19.063488, 19.536248 ] }, { "date": "2026-05-08", "close": 15.95, "volume": 45018, "typical_volume": 43935.5, "trend": 19.954238, "fair_value": 24.297592, "relative_strength": -38.652425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.120813, "energy": 73.892419, "activity_lines": [ 16.942203, 17.62019, 18.688802, 19.260262 ] }, { "date": "2026-05-15", "close": 15.25, "volume": 93302, "typical_volume": 47702.55, "trend": 19.692364, "fair_value": 24.229588, "relative_strength": -39.828497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.111463, "energy": 80.530765, "activity_lines": [ 16.244878, 17.08905, 18.269704, 18.956763 ] }, { "date": "2026-05-22", "close": 16.85, "volume": 41809, "typical_volume": 49212.3, "trend": 19.534746, "fair_value": 24.174738, "relative_strength": -34.986005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.189302, "energy": 68.140956, "activity_lines": [ 16.299096, 16.922219, 18.038125, 18.773385 ] }, { "date": "2026-05-29", "close": 16.5, "volume": 210659, "typical_volume": 58244.25, "trend": 19.333635, "fair_value": 24.119963, "relative_strength": -35.174504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.966552, "energy": 60.713376, "activity_lines": [ 16.31, 16.746477, 17.802549, 18.577594 ] }, { "date": "2026-06-05", "close": 16.0, "volume": 2760, "typical_volume": 56498.35, "trend": 19.185876, "fair_value": 24.06546, "relative_strength": -35.647495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.063449, "energy": 50.322314, "activity_lines": [ 16.2, 16.527026, 17.549903, 18.362521 ] }, { "date": "2026-06-12", "close": 15.2, "volume": 8346, "typical_volume": 56428.15, "trend": 19.027364, "fair_value": 23.994816, "relative_strength": -37.629254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.457695, "energy": 52.270418, "activity_lines": [ 15.896667, 16.210601, 17.244448, 18.105368 ] }, { "date": "2026-06-19", "close": 15.0, "volume": 20158, "typical_volume": 56821.2, "trend": 18.86855, "fair_value": 23.920573, "relative_strength": -38.597105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.121491, "energy": 57.744912, "activity_lines": [ 15.576667, 15.910421, 16.941681, 17.845538 ] }, { "date": "2026-06-26", "close": 15.0, "volume": 497, "typical_volume": 55259.8, "trend": 18.716102, "fair_value": 23.849227, "relative_strength": -37.039293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.356233, "energy": 72.169699, "activity_lines": [ 15.273333, 15.674299, 16.659783, 17.595954 ] }, { "date": "2026-07-03", "close": 14.9, "volume": 2479, "typical_volume": 54149.2, "trend": 18.600104, "fair_value": 23.780718, "relative_strength": -38.041391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.488833, "energy": 76.423539, "activity_lines": [ 15.06, 15.473636, 16.39696, 17.349754 ] }, { "date": "2026-07-10", "close": 16.049999, "volume": 15092, "typical_volume": 39100.95, "trend": 18.479473, "fair_value": 23.710307, "relative_strength": -30.537079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.308032, "energy": 50.23497, "activity_lines": [ 15.336666, 15.523636, 16.270007, 17.185231 ] }, { "date": "2026-07-17", "close": 16.25, "volume": 38620, "typical_volume": 39563.1, "trend": 18.333682, "fair_value": 23.648713, "relative_strength": -27.748051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.20557, "energy": 35.484432, "activity_lines": [ 15.676666, 15.629091, 16.184335, 17.041394 ] }, { "date": "2026-07-24", "close": 16.700001, "volume": 24678, "typical_volume": 39926.9, "trend": 18.136055, "fair_value": 23.586526, "relative_strength": -25.780682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.078421, "energy": 22.577736, "activity_lines": [ 16.096667, 15.810909, 16.161894, 16.935995 ] }, { "date": "2026-07-31", "close": 15.9, "volume": 42549, "typical_volume": 41752.4, "trend": 17.89903, "fair_value": 23.522109, "relative_strength": -29.264332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.267709, "energy": 22.21741, "activity_lines": [ 16.136667, 15.820909, 16.075581, 16.791734 ] }, { "date": "2026-08-07", "close": 16.25, "volume": 14641, "typical_volume": 42034.9, "trend": 17.676855, "fair_value": 23.451241, "relative_strength": -28.137349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.883619, "energy": 19.890245, "activity_lines": [ 16.233333, 15.911818, 16.041458, 16.685345 ] } ], "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." } } }