{ "ticker": { "uuid": "83a3c0d2-9ec2-4f9e-abee-c3ff541881fa", "symbol": "AVTR", "name": "Avantor, Inc.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 90.128, "architecture_energy": 95.97, "architecture_maturity": 22.0, "architecture_confidence": 68.444, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.3, "rotation_up": 89.21, "upward_expansion": 99.92, "deceleration": 39.02, "rotation_down": 8.08, "downward_expansion": 21.92 }, "activity_lines": [ 10.941933, 10.119127, 8.972143, 8.468817 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 11.67, "trend_reference": 8.2135, "distance_from_trend": 0.420832, "trend_direction": "Weakening", "fair_value": 15.903346, "distance_from_fair_value": -0.266192, "fair_value_direction": "Improving", "relative_strength": 1.151716, "relative_strength_direction": "Improving", "price_momentum": 0.241489, "excess_performance": 0.067243, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.420832, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.012389, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.266192, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.315809, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011517, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.430457, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.241489, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.916255, "read": "Demand-led" } ], "volume": { "latest": 5790, "relative_activity": 3.668737, "balance": 1.916255, "dry_up": 3.008649, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.062863, "annualized_volatility": 0.488787, "from_high_reference": -0.141912, "from_low_reference": 0.810987 }, "levels": { "trend_reference": 8.2135, "fair_value_reference": 15.903346, "structural_low": 6.444, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.034884, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.026312, "regime_survival": 0.777778, "best_return": 0.06579, "worst_return": -0.029492, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.022566, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.03452, "regime_survival": 0.5, "best_return": 0.171053, "worst_return": -0.163514, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.007609, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.095713, "regime_survival": 0.0, "best_return": 0.06579, "worst_return": -0.050572, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.000282, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.048895, "regime_survival": 0.0, "best_return": 0.016612, "worst_return": -0.017176, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-04-26", "tenure": "Established", "return": 0.087786, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-06-07", "tenure": "Developing", "return": -0.034783, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-07-12", "tenure": "Developing", "return": -0.063725, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2024-08-09", "tenure": "New", "return": 0.2, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-10-11", "tenure": "Developing", "return": -0.025862, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": -0.087719, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": -0.056075, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": 0.059406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": -0.138393, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-10-10", "tenure": "Extended", "return": -0.327485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": -0.228346, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-06-19", "tenure": "Extended", "return": -0.148367, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": 0.31339, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 19.629999, "volume": 0, "typical_volume": 85.3, "trend": 19.673433, "fair_value": 25.636359, "relative_strength": -2.471612, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -3.916844, "energy": 5.279549, "activity_lines": [ 19.252466, 19.130582, 18.89919, 19.076065 ] }, { "date": "2023-08-25", "close": 19.882, "volume": 0, "typical_volume": 85.3, "trend": 19.603667, "fair_value": 25.644577, "relative_strength": 0.068731, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 4.361951, "energy": 9.179085, "activity_lines": [ 19.401733, 19.3018, 19.008471, 19.08952 ] }, { "date": "2023-09-01", "close": 20.370001, "volume": 0, "typical_volume": 85.3, "trend": 19.536667, "fair_value": 25.661692, "relative_strength": 0.859719, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 40.867091, "energy": 43.143212, "activity_lines": [ 19.7792, 19.532255, 19.159952, 19.138961 ] }, { "date": "2023-09-08", "close": 18.785999, "volume": 0, "typical_volume": 85.3, "trend": 19.416533, "fair_value": 25.662885, "relative_strength": -5.407755, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.690896, "energy": 24.896882, "activity_lines": [ 19.541333, 19.433036, 19.1533, 19.090531 ] }, { "date": "2023-09-15", "close": 20.545, "volume": 500, "typical_volume": 110.3, "trend": 19.345367, "fair_value": 25.672148, "relative_strength": 2.586462, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.693587, "energy": 43.517752, "activity_lines": [ 19.891533, 19.653491, 19.311057, 19.163335 ] }, { "date": "2023-09-22", "close": 20.08, "volume": 0, "typical_volume": 110.3, "trend": 19.2437, "fair_value": 25.680994, "relative_strength": 1.438507, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.68459, "energy": 40.018529, "activity_lines": [ 19.970667, 19.757491, 19.406876, 19.210731 ] }, { "date": "2023-09-29", "close": 20.190001, "volume": 0, "typical_volume": 84.7, "trend": 19.127367, "fair_value": 25.684135, "relative_strength": 2.093045, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.485683, "energy": 38.967602, "activity_lines": [ 20.056467, 19.8496, 19.503771, 19.271783 ] }, { "date": "2023-10-06", "close": 19.368, "volume": 0, "typical_volume": 84.7, "trend": 19.087133, "fair_value": 25.672391, "relative_strength": -0.165584, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 51.234233, "energy": 35.229405, "activity_lines": [ 19.847734, 19.804527, 19.515486, 19.287308 ] }, { "date": "2023-10-13", "close": 19.896, "volume": 0, "typical_volume": 84.7, "trend": 19.0946, "fair_value": 25.665314, "relative_strength": 1.992008, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 48.767238, "energy": 25.880946, "activity_lines": [ 19.8818, 19.849855, 19.577152, 19.339493 ] }, { "date": "2023-10-20", "close": 19.427999, "volume": 0, "typical_volume": 84.7, "trend": 19.094667, "fair_value": 25.652673, "relative_strength": 3.552135, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.373375, "energy": 17.658282, "activity_lines": [ 19.685866, 19.790382, 19.591219, 19.361002 ] }, { "date": "2023-10-27", "close": 17.667999, "volume": 0, "typical_volume": 84.7, "trend": 19.030133, "fair_value": 25.638365, "relative_strength": -5.274629, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.320014, "energy": 26.698397, "activity_lines": [ 18.977733, 19.399563, 19.434705, 19.268959 ] }, { "date": "2023-11-03", "close": 17.327999, "volume": 0, "typical_volume": 84.7, "trend": 18.974933, "fair_value": 25.607135, "relative_strength": -11.650995, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.390865, "energy": 50.852945, "activity_lines": [ 18.317066, 18.9826, 19.248724, 19.159144 ] }, { "date": "2023-11-10", "close": 17.167999, "volume": 0, "typical_volume": 84.7, "trend": 18.919133, "fair_value": 25.571032, "relative_strength": -12.61352, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.697138, "energy": 63.518711, "activity_lines": [ 17.793866, 18.582981, 19.051943, 19.042568 ] }, { "date": "2023-11-17", "close": 17.726, "volume": 0, "typical_volume": 84.7, "trend": 18.9056, "fair_value": 25.542353, "relative_strength": -11.513403, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.076347, "energy": 65.082908, "activity_lines": [ 17.603333, 18.343036, 18.912638, 18.965591 ] }, { "date": "2023-11-24", "close": 18.532, "volume": 0, "typical_volume": 84.7, "trend": 18.962067, "fair_value": 25.520122, "relative_strength": -6.720613, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.950495, "energy": 66.361873, "activity_lines": [ 17.826133, 18.268909, 18.855104, 18.941488 ] }, { "date": "2023-12-01", "close": 19.382, "volume": 0, "typical_volume": 84.7, "trend": 19.0046, "fair_value": 25.499494, "relative_strength": -4.022324, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -32.142249, "energy": 23.638683, "activity_lines": [ 18.392, 18.385927, 18.879752, 18.96858 ] }, { "date": "2023-12-08", "close": 19.704, "volume": 0, "typical_volume": 84.7, "trend": 19.036667, "fair_value": 25.483494, "relative_strength": -2.388356, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.644867, "energy": 15.589044, "activity_lines": [ 18.950933, 18.574181, 18.930038, 19.013703 ] }, { "date": "2023-12-15", "close": 20.59, "volume": 0, "typical_volume": 25.0, "trend": 19.079733, "fair_value": 25.470609, "relative_strength": 0.597261, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.766528, "energy": 38.017653, "activity_lines": [ 19.6468, 18.932363, 19.070233, 19.113918 ] }, { "date": "2023-12-22", "close": 20.9, "volume": 0, "typical_volume": 25.0, "trend": 19.1344, "fair_value": 25.459712, "relative_strength": 1.03022, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.669691, "energy": 58.004223, "activity_lines": [ 20.217867, 19.324691, 19.232666, 19.231355 ] }, { "date": "2023-12-29", "close": 20.959999, "volume": 0, "typical_volume": 25.0, "trend": 19.2062, "fair_value": 25.453045, "relative_strength": 0.569413, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.080788, "energy": 79.384268, "activity_lines": [ 20.597333, 19.709672, 19.390871, 19.349135 ] }, { "date": "2024-01-05", "close": 19.878, "volume": 0, "typical_volume": 25.0, "trend": 19.259466, "fair_value": 25.426622, "relative_strength": -4.506795, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.504046, "energy": 71.026086, "activity_lines": [ 20.454266, 19.870073, 19.435762, 19.392477 ] }, { "date": "2024-01-12", "close": 20.495001, "volume": 0, "typical_volume": 25.0, "trend": 19.333967, "fair_value": 25.406718, "relative_strength": -0.585247, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.243172, "energy": 63.374159, "activity_lines": [ 20.4838, 20.102473, 19.538233, 19.472189 ] }, { "date": "2024-01-19", "close": 19.646, "volume": 0, "typical_volume": 25.0, "trend": 19.386233, "fair_value": 25.372397, "relative_strength": -3.003495, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.598966, "energy": 37.359613, "activity_lines": [ 20.1776, 20.122927, 19.556928, 19.49232 ] }, { "date": "2024-01-26", "close": 21.32, "volume": 0, "typical_volume": 25.0, "trend": 19.470967, "fair_value": 25.35009, "relative_strength": 1.986395, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.638559, "energy": 45.402914, "activity_lines": [ 20.492333, 20.402691, 19.7385, 19.617079 ] }, { "date": "2024-02-02", "close": 21.705, "volume": 0, "typical_volume": 0.0, "trend": 19.568133, "fair_value": 25.327686, "relative_strength": 4.378641, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.448023, "energy": 67.16736, "activity_lines": [ 20.9074, 20.687109, 19.944671, 19.761211 ] }, { "date": "2024-02-09", "close": 21.51, "volume": 958, "typical_volume": 47.9, "trend": 19.674267, "fair_value": 25.304032, "relative_strength": 5.993811, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.41379, "energy": 72.028692, "activity_lines": [ 21.2078, 20.878382, 20.126748, 19.886492 ] }, { "date": "2024-02-16", "close": 22.51, "volume": 479, "typical_volume": 71.85, "trend": 19.7291, "fair_value": 25.295763, "relative_strength": 9.324312, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.501008, "energy": 85.676898, "activity_lines": [ 21.732733, 21.212782, 20.397252, 20.069443 ] }, { "date": "2024-02-23", "close": 22.455, "volume": 0, "typical_volume": 71.85, "trend": 19.842267, "fair_value": 25.292269, "relative_strength": 9.782827, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.268898, "energy": 85.112077, "activity_lines": [ 22.105, 21.486164, 20.651471, 20.245307 ] }, { "date": "2024-03-01", "close": 23.075001, "volume": 0, "typical_volume": 71.85, "trend": 19.984367, "fair_value": 25.297878, "relative_strength": 12.972696, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.596613, "energy": 90.312395, "activity_lines": [ 22.496667, 21.838364, 20.950038, 20.453871 ] }, { "date": "2024-03-08", "close": 23.565001, "volume": 0, "typical_volume": 71.85, "trend": 20.143067, "fair_value": 25.298936, "relative_strength": 15.005878, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.035965, "energy": 91.798099, "activity_lines": [ 22.934667, 22.240109, 21.280133, 20.68488 ] }, { "date": "2024-03-15", "close": 23.280001, "volume": 0, "typical_volume": 71.85, "trend": 20.264733, "fair_value": 25.293038, "relative_strength": 12.373658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.449773, "energy": 87.625911, "activity_lines": [ 23.153667, 22.542673, 21.563386, 20.887262 ] }, { "date": "2024-03-22", "close": 23.905001, "volume": 0, "typical_volume": 71.85, "trend": 20.398833, "fair_value": 25.29243, "relative_strength": 12.30141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.390231, "energy": 89.161892, "activity_lines": [ 23.463001, 22.897019, 21.879438, 21.122118 ] }, { "date": "2024-03-29", "close": 23.790001, "volume": 0, "typical_volume": 71.85, "trend": 20.512833, "fair_value": 25.283391, "relative_strength": 10.394499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.227815, "energy": 74.657682, "activity_lines": [ 23.641001, 23.168455, 22.153219, 21.340903 ] }, { "date": "2024-04-05", "close": 23.799999, "volume": 0, "typical_volume": 71.85, "trend": 20.679967, "fair_value": 25.265442, "relative_strength": 9.23407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.809017, "energy": 65.992379, "activity_lines": [ 23.733334, 23.366364, 22.396419, 21.552979 ] }, { "date": "2024-04-12", "close": 23.799999, "volume": 0, "typical_volume": 71.85, "trend": 20.788467, "fair_value": 25.24493, "relative_strength": 9.282652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.593185, "energy": 65.344305, "activity_lines": [ 23.777333, 23.519182, 22.610695, 21.754271 ] }, { "date": "2024-04-19", "close": 23.200001, "volume": 0, "typical_volume": 71.85, "trend": 20.892467, "fair_value": 25.218006, "relative_strength": 6.733659, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.538851, "energy": 58.112017, "activity_lines": [ 23.605667, 23.524819, 22.742743, 21.909854 ] }, { "date": "2024-04-26", "close": 22.799999, "volume": 404, "typical_volume": 92.05, "trend": 20.979467, "fair_value": 25.191083, "relative_strength": 4.149513, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.456839, "energy": 44.269394, "activity_lines": [ 23.306, 23.427, 22.818514, 22.032921 ] }, { "date": "2024-05-03", "close": 23.0, "volume": 0, "typical_volume": 92.05, "trend": 21.100533, "fair_value": 25.173135, "relative_strength": 3.564013, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.010318, "energy": 34.160471, "activity_lines": [ 23.146666, 23.360273, 22.898591, 22.163278 ] }, { "date": "2024-05-10", "close": 23.200001, "volume": 0, "typical_volume": 92.05, "trend": 21.210667, "fair_value": 25.156468, "relative_strength": 1.631439, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.303795, "energy": 26.271572, "activity_lines": [ 23.106667, 23.32, 22.986238, 22.298727 ] }, { "date": "2024-05-17", "close": 23.0, "volume": 0, "typical_volume": 92.05, "trend": 21.329733, "fair_value": 25.138519, "relative_strength": -0.970967, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.613554, "energy": 25.06101, "activity_lines": [ 23.04, 23.241091, 23.043886, 22.414168 ] }, { "date": "2024-05-24", "close": 22.4, "volume": 0, "typical_volume": 92.05, "trend": 21.487467, "fair_value": 25.111596, "relative_strength": -3.391036, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.559953, "energy": 19.514274, "activity_lines": [ 22.826667, 23.063364, 23.034676, 22.483217 ] }, { "date": "2024-05-31", "close": 22.0, "volume": 0, "typical_volume": 92.05, "trend": 21.6432, "fair_value": 25.085955, "relative_strength": -3.596499, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.037172, "energy": 16.530779, "activity_lines": [ 22.533333, 22.828909, 22.975362, 22.516284 ] }, { "date": "2024-06-07", "close": 22.200001, "volume": 0, "typical_volume": 92.05, "trend": 21.810933, "fair_value": 25.053904, "relative_strength": -2.017514, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.656824, "energy": 21.404234, "activity_lines": [ 22.36, 22.665455, 22.927929, 22.552207 ] }, { "date": "2024-06-14", "close": 20.4, "volume": 0, "typical_volume": 92.05, "trend": 21.900067, "fair_value": 24.99493, "relative_strength": -6.808225, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.705215, "energy": 52.642538, "activity_lines": [ 21.64, 22.203637, 22.696905, 22.461179 ] }, { "date": "2024-06-21", "close": 21.0, "volume": 0, "typical_volume": 92.05, "trend": 21.982333, "fair_value": 24.938519, "relative_strength": -5.573845, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.524858, "energy": 66.165692, "activity_lines": [ 21.306667, 21.912727, 22.527405, 22.40311 ] }, { "date": "2024-06-28", "close": 19.9, "volume": 0, "typical_volume": 44.15, "trend": 21.9996, "fair_value": 24.873776, "relative_strength": -10.841497, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.083891, "energy": 81.303139, "activity_lines": [ 20.74, 21.472727, 22.2565, 22.268766 ] }, { "date": "2024-07-05", "close": 19.4, "volume": 0, "typical_volume": 20.2, "trend": 21.989467, "fair_value": 24.803263, "relative_strength": -15.193729, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.78864, "energy": 85.650788, "activity_lines": [ 20.173333, 21.001818, 21.945643, 22.10105 ] }, { "date": "2024-07-12", "close": 19.1, "volume": 0, "typical_volume": 20.2, "trend": 21.9398, "fair_value": 24.728263, "relative_strength": -16.28644, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.305792, "energy": 93.180042, "activity_lines": [ 19.68, 20.538182, 21.621024, 21.914632 ] }, { "date": "2024-07-19", "close": 19.0, "volume": 0, "typical_volume": 20.2, "trend": 21.876467, "fair_value": 24.64493, "relative_strength": -15.593626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.327732, "energy": 91.672564, "activity_lines": [ 19.36, 20.127273, 21.302857, 21.724968 ] }, { "date": "2024-07-26", "close": 23.200001, "volume": 0, "typical_volume": 20.2, "trend": 21.951134, "fair_value": 24.588519, "relative_strength": 2.940921, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.068429, "energy": 38.349898, "activity_lines": [ 20.533334, 20.556364, 21.404095, 21.810357 ] }, { "date": "2024-08-02", "close": 23.200001, "volume": 0, "typical_volume": 20.2, "trend": 22.061867, "fair_value": 24.529545, "relative_strength": 6.927286, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.404593, "energy": 15.426906, "activity_lines": [ 21.560001, 20.981819, 21.507072, 21.890929 ] }, { "date": "2024-08-09", "close": 22.799999, "volume": 0, "typical_volume": 20.2, "trend": 22.1387, "fair_value": 24.466724, "relative_strength": 3.930648, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.777421, "energy": 26.454976, "activity_lines": [ 22.233333, 21.32, 21.572333, 21.938551 ] }, { "date": "2024-08-16", "close": 23.200001, "volume": 0, "typical_volume": 20.2, "trend": 22.257167, "fair_value": 24.402622, "relative_strength": 3.80391, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.917203, "energy": 38.68465, "activity_lines": [ 22.813334, 21.716364, 21.680953, 22.007022 ] }, { "date": "2024-08-23", "close": 23.0, "volume": 0, "typical_volume": 20.2, "trend": 22.313167, "fair_value": 24.334673, "relative_strength": 1.226799, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.429256, "energy": 36.045487, "activity_lines": [ 23.053334, 22.058182, 21.773334, 22.054946 ] }, { "date": "2024-08-30", "close": 23.200001, "volume": 0, "typical_volume": 20.2, "trend": 22.363, "fair_value": 24.262878, "relative_strength": 1.068625, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.752697, "energy": 42.034196, "activity_lines": [ 23.093334, 22.389091, 21.888572, 22.112162 ] }, { "date": "2024-09-06", "close": 22.799999, "volume": 0, "typical_volume": 20.2, "trend": 22.406, "fair_value": 24.182109, "relative_strength": 3.320964, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.801119, "energy": 30.869159, "activity_lines": [ 23.0, 22.607273, 21.968572, 22.140355 ] }, { "date": "2024-09-13", "close": 24.200001, "volume": 0, "typical_volume": 0.0, "trend": 22.462334, "fair_value": 24.102622, "relative_strength": 8.925552, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.620373, "energy": 37.849166, "activity_lines": [ 23.4, 23.027273, 22.18381, 22.256097 ] }, { "date": "2024-09-20", "close": 24.4, "volume": 0, "typical_volume": 0.0, "trend": 22.527167, "fair_value": 24.019289, "relative_strength": 9.306613, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.61449, "energy": 44.709251, "activity_lines": [ 23.773334, 23.396364, 22.411429, 22.381108 ] }, { "date": "2024-09-27", "close": 23.799999, "volume": 0, "typical_volume": 0.0, "trend": 22.551334, "fair_value": 23.943647, "relative_strength": 5.622776, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.031514, "energy": 42.835716, "activity_lines": [ 23.866666, 23.56, 22.575238, 22.463226 ] }, { "date": "2024-10-04", "close": 23.200001, "volume": 0, "typical_volume": 0.0, "trend": 22.539167, "fair_value": 23.86416, "relative_strength": 3.990154, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.487145, "energy": 38.301926, "activity_lines": [ 23.706667, 23.527273, 22.679048, 22.505075 ] }, { "date": "2024-10-11", "close": 22.6, "volume": 0, "typical_volume": 0.0, "trend": 22.5165, "fair_value": 23.796212, "relative_strength": 1.167294, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.43598, "energy": 17.145532, "activity_lines": [ 23.346667, 23.385455, 22.724762, 22.509 ] }, { "date": "2024-10-18", "close": 22.799999, "volume": 0, "typical_volume": 0.0, "trend": 22.479667, "fair_value": 23.729545, "relative_strength": 1.743137, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.268933, "energy": 18.840705, "activity_lines": [ 23.066666, 23.290909, 22.788571, 22.52729 ] }, { "date": "2024-10-25", "close": 20.799999, "volume": 421, "typical_volume": 21.05, "trend": 22.38, "fair_value": 23.635955, "relative_strength": -6.021536, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.694564, "energy": 24.610818, "activity_lines": [ 22.213333, 22.832727, 22.658095, 22.418925 ] }, { "date": "2024-11-01", "close": 20.799999, "volume": 421, "typical_volume": 42.1, "trend": 22.28, "fair_value": 23.559032, "relative_strength": -4.703871, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.125572, "energy": 38.413083, "activity_lines": [ 21.599999, 22.418181, 22.534286, 22.316989 ] }, { "date": "2024-11-08", "close": 21.4, "volume": 0, "typical_volume": 42.1, "trend": 22.2, "fair_value": 23.480827, "relative_strength": -2.75263, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.1487, "energy": 45.90867, "activity_lines": [ 21.386666, 22.152727, 22.465714, 22.260215 ] }, { "date": "2024-11-15", "close": 20.0, "volume": 0, "typical_volume": 42.1, "trend": 22.093333, "fair_value": 23.385955, "relative_strength": -9.319831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.670168, "energy": 64.265628, "activity_lines": [ 20.826666, 21.665454, 22.261905, 22.11828 ] }, { "date": "2024-11-22", "close": 19.9, "volume": 0, "typical_volume": 42.1, "trend": 21.996667, "fair_value": 23.28916, "relative_strength": -9.162793, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.966208, "energy": 67.434948, "activity_lines": [ 20.406666, 21.210909, 22.048095, 21.976774 ] }, { "date": "2024-11-29", "close": 20.200001, "volume": 0, "typical_volume": 42.1, "trend": 21.903333, "fair_value": 23.207109, "relative_strength": -7.926902, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.958852, "energy": 69.760192, "activity_lines": [ 20.28, 20.889091, 21.860476, 21.86086 ] }, { "date": "2024-12-06", "close": 20.200001, "volume": 0, "typical_volume": 42.1, "trend": 21.803333, "fair_value": 23.112237, "relative_strength": -8.984554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.125601, "energy": 66.387244, "activity_lines": [ 20.193334, 20.643637, 21.667619, 21.750968 ] }, { "date": "2024-12-13", "close": 21.200001, "volume": 0, "typical_volume": 42.1, "trend": 21.743333, "fair_value": 23.021212, "relative_strength": -6.071928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.996607, "energy": 42.935435, "activity_lines": [ 20.480001, 20.645455, 21.564286, 21.712043 ] }, { "date": "2024-12-20", "close": 21.4, "volume": 0, "typical_volume": 42.1, "trend": 21.71, "fair_value": 22.925058, "relative_strength": -3.595029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.74787, "energy": 26.639968, "activity_lines": [ 20.846667, 20.72, 21.489524, 21.689893 ] }, { "date": "2024-12-27", "close": 20.6, "volume": 0, "typical_volume": 42.1, "trend": 21.663333, "fair_value": 22.81993, "relative_strength": -8.123229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.011364, "energy": 23.420966, "activity_lines": [ 20.853334, 20.670909, 21.347143, 21.61828 ] }, { "date": "2025-01-03", "close": 21.0, "volume": 0, "typical_volume": 42.1, "trend": 21.623333, "fair_value": 22.746853, "relative_strength": -6.849293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.09815, "energy": 19.707752, "activity_lines": [ 20.946667, 20.734546, 21.253333, 21.575484 ] }, { "date": "2025-01-10", "close": 21.4, "volume": 0, "typical_volume": 42.1, "trend": 21.656667, "fair_value": 22.675058, "relative_strength": -5.04193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.350021, "energy": 17.767353, "activity_lines": [ 21.12, 20.867273, 21.208095, 21.561075 ] }, { "date": "2025-01-17", "close": 22.4, "volume": 0, "typical_volume": 42.1, "trend": 21.703333, "fair_value": 22.609673, "relative_strength": -4.011186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.570752, "energy": 11.952553, "activity_lines": [ 21.546667, 21.170909, 21.265714, 21.609032 ] }, { "date": "2025-01-24", "close": 22.0, "volume": 0, "typical_volume": 42.1, "trend": 21.773333, "fair_value": 22.545571, "relative_strength": -7.182148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.59644, "energy": 14.097261, "activity_lines": [ 21.76, 21.383637, 21.289048, 21.628172 ] }, { "date": "2025-01-31", "close": 21.6, "volume": 110, "typical_volume": 47.6, "trend": 21.846667, "fair_value": 22.47634, "relative_strength": -9.118052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.972167, "energy": 15.491714, "activity_lines": [ 21.8, 21.487273, 21.278095, 21.616989 ] }, { "date": "2025-02-07", "close": 19.299999, "volume": 274, "typical_volume": 61.3, "trend": 21.853333, "fair_value": 22.392365, "relative_strength": -18.747733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.474865, "energy": 20.342328, "activity_lines": [ 21.006666, 21.141818, 21.060476, 21.452688 ] }, { "date": "2025-02-14", "close": 17.1, "volume": 0, "typical_volume": 61.3, "trend": 21.79, "fair_value": 22.308391, "relative_strength": -31.08964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.541726, "energy": 68.665766, "activity_lines": [ 19.593333, 20.412727, 20.657619, 21.146022 ] }, { "date": "2025-02-21", "close": 16.6, "volume": 0, "typical_volume": 61.3, "trend": 21.57, "fair_value": 22.214801, "relative_strength": -31.980443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.797175, "energy": 83.950576, "activity_lines": [ 18.3, 19.649091, 20.239048, 20.811183 ] }, { "date": "2025-02-28", "close": 16.4, "volume": 0, "typical_volume": 61.3, "trend": 21.343333, "fair_value": 22.125058, "relative_strength": -33.799078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.960124, "energy": 87.315142, "activity_lines": [ 17.326667, 18.932727, 19.832857, 20.477634 ] }, { "date": "2025-03-07", "close": 15.6, "volume": 0, "typical_volume": 61.3, "trend": 21.103333, "fair_value": 22.025058, "relative_strength": -38.461991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.54837, "energy": 89.449323, "activity_lines": [ 16.46, 18.161818, 19.38, 20.107097 ] }, { "date": "2025-03-14", "close": 14.8, "volume": 0, "typical_volume": 40.25, "trend": 20.823333, "fair_value": 21.917365, "relative_strength": -41.065351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.053776, "energy": 91.827621, "activity_lines": [ 15.726667, 17.336364, 18.885238, 19.70043 ] }, { "date": "2025-03-21", "close": 15.6, "volume": 0, "typical_volume": 19.2, "trend": 20.576667, "fair_value": 21.822494, "relative_strength": -36.660835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.320266, "energy": 84.506021, "activity_lines": [ 15.56, 16.769091, 18.495238, 19.363441 ] }, { "date": "2025-03-28", "close": 15.4, "volume": 0, "typical_volume": 19.2, "trend": 20.316667, "fair_value": 21.723872, "relative_strength": -35.567883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.300149, "energy": 74.814407, "activity_lines": [ 15.426667, 16.270909, 18.110952, 19.029462 ] }, { "date": "2025-04-04", "close": 14.3, "volume": 0, "typical_volume": 19.2, "trend": 20.033333, "fair_value": 21.62509, "relative_strength": -32.954321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.413769, "energy": 71.264005, "activity_lines": [ 15.006667, 15.7, 17.650476, 18.64129 ] }, { "date": "2025-04-11", "close": 13.1, "volume": 1401, "typical_volume": 89.25, "trend": 19.663333, "fair_value": 21.522141, "relative_strength": -37.134066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.9371, "energy": 69.378811, "activity_lines": [ 14.326667, 15.050909, 17.102857, 18.193978 ] }, { "date": "2025-04-18", "close": 13.4, "volume": 0, "typical_volume": 89.25, "trend": 19.296667, "fair_value": 21.424705, "relative_strength": -38.313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.845108, "energy": 67.912024, "activity_lines": [ 13.913333, 14.610909, 16.61619, 17.789892 ] }, { "date": "2025-04-25", "close": 11.7, "volume": 1300, "typical_volume": 154.25, "trend": 18.893333, "fair_value": 21.303167, "relative_strength": -47.422267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.054236, "energy": 79.550441, "activity_lines": [ 13.026667, 13.969091, 16.0, 17.299785 ] }, { "date": "2025-05-02", "close": 11.4, "volume": 46, "typical_volume": 156.55, "trend": 18.5, "fair_value": 21.189641, "relative_strength": -48.84408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.695364, "energy": 85.884236, "activity_lines": [ 12.3, 13.370909, 15.395714, 16.816344 ] }, { "date": "2025-05-09", "close": 10.9, "volume": 0, "typical_volume": 156.55, "trend": 18.11, "fair_value": 21.070346, "relative_strength": -52.616264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.382666, "energy": 89.715354, "activity_lines": [ 11.673333, 12.776364, 14.790476, 16.326022 ] }, { "date": "2025-05-16", "close": 11.8, "volume": 0, "typical_volume": 156.55, "trend": 17.743333, "fair_value": 20.957045, "relative_strength": -49.544204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.774106, "energy": 83.908761, "activity_lines": [ 11.573333, 12.445455, 14.320952, 15.918925 ] }, { "date": "2025-05-23", "close": 11.8, "volume": 550, "typical_volume": 184.05, "trend": 17.443333, "fair_value": 20.834545, "relative_strength": -48.297345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.66833, "energy": 72.529728, "activity_lines": [ 11.56, 12.183636, 13.893333, 15.535484 ] }, { "date": "2025-05-30", "close": 11.6, "volume": 0, "typical_volume": 184.05, "trend": 17.136667, "fair_value": 20.713263, "relative_strength": -49.040762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.433192, "energy": 62.580194, "activity_lines": [ 11.586667, 11.94, 13.490476, 15.158495 ] }, { "date": "2025-06-06", "close": 12.2, "volume": 0, "typical_volume": 184.05, "trend": 16.83, "fair_value": 20.605026, "relative_strength": -46.000667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.203351, "energy": 56.580056, "activity_lines": [ 11.82, 11.878182, 13.191429, 14.84 ] }, { "date": "2025-06-13", "close": 11.6, "volume": 0, "typical_volume": 184.05, "trend": 16.55, "fair_value": 20.49541, "relative_strength": -46.924504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.430891, "energy": 52.1747, "activity_lines": [ 11.8, 11.765455, 12.88381, 14.502581 ] }, { "date": "2025-06-20", "close": 12.2, "volume": 0, "typical_volume": 178.55, "trend": 16.293333, "fair_value": 20.382622, "relative_strength": -43.256878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.43433, "energy": 45.903131, "activity_lines": [ 11.933333, 11.810909, 12.682857, 14.221935 ] }, { "date": "2025-06-27", "close": 12.3, "volume": 0, "typical_volume": 164.85, "trend": 16.03, "fair_value": 20.270987, "relative_strength": -43.281964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.866159, "energy": 39.403625, "activity_lines": [ 12.073333, 11.890909, 12.53619, 13.964301 ] }, { "date": "2025-07-04", "close": 12.3, "volume": 0, "typical_volume": 164.85, "trend": 15.766667, "fair_value": 20.151724, "relative_strength": -42.286573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.996116, "energy": 35.340817, "activity_lines": [ 12.18, 11.990909, 12.422857, 13.723656 ] }, { "date": "2025-07-11", "close": 12.1, "volume": 0, "typical_volume": 164.85, "trend": 15.463333, "fair_value": 20.046051, "relative_strength": -43.932317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.142357, "energy": 31.409, "activity_lines": [ 12.173333, 12.043636, 12.313333, 13.487097 ] }, { "date": "2025-07-18", "close": 12.0, "volume": 0, "typical_volume": 164.85, "trend": 15.15, "fair_value": 19.928647, "relative_strength": -43.863598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.510281, "energy": 30.104608, "activity_lines": [ 12.14, 12.065455, 12.215714, 13.263656 ] }, { "date": "2025-07-25", "close": 12.5, "volume": 814, "typical_volume": 205.55, "trend": 14.88, "fair_value": 19.833006, "relative_strength": -41.832982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.689776, "energy": 26.278741, "activity_lines": [ 12.246667, 12.158182, 12.186667, 13.092688 ] }, { "date": "2025-08-01", "close": 10.9, "volume": 814, "typical_volume": 246.25, "trend": 14.543333, "fair_value": 19.723199, "relative_strength": -47.035234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.310935, "energy": 42.451492, "activity_lines": [ 11.8, 11.947273, 12.02, 12.835914 ] }, { "date": "2025-08-08", "close": 9.75, "volume": 0, "typical_volume": 246.25, "trend": 14.155, "fair_value": 19.607686, "relative_strength": -54.447245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.21127, "energy": 57.071074, "activity_lines": [ 11.063333, 11.543636, 11.762381, 12.526667 ] }, { "date": "2025-08-15", "close": 11.0, "volume": 0, "typical_volume": 246.25, "trend": 13.775, "fair_value": 19.508006, "relative_strength": -49.044592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.682184, "energy": 56.391993, "activity_lines": [ 10.913333, 11.400909, 11.651667, 12.323118 ] }, { "date": "2025-08-22", "close": 11.3, "volume": 814, "typical_volume": 286.95, "trend": 13.418333, "fair_value": 19.414545, "relative_strength": -46.099319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.043934, "energy": 59.485616, "activity_lines": [ 10.936667, 11.334545, 11.590476, 12.163441 ] }, { "date": "2025-08-29", "close": 11.5, "volume": 284, "typical_volume": 231.1, "trend": 13.081667, "fair_value": 19.328776, "relative_strength": -42.154261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.563252, "energy": 42.086331, "activity_lines": [ 11.073333, 11.31, 11.562619, 12.039677 ] }, { "date": "2025-09-05", "close": 11.4, "volume": 0, "typical_volume": 231.1, "trend": 12.818333, "fair_value": 19.237045, "relative_strength": -41.432304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.557731, "energy": 28.520888, "activity_lines": [ 11.243333, 11.28, 11.532857, 11.931183 ] }, { "date": "2025-09-12", "close": 10.9, "volume": 0, "typical_volume": 166.1, "trend": 12.611667, "fair_value": 19.162365, "relative_strength": -43.485737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.809968, "energy": 25.3186, "activity_lines": [ 11.213333, 11.175455, 11.465, 11.807419 ] }, { "date": "2025-09-19", "close": 10.6, "volume": 0, "typical_volume": 163.8, "trend": 12.411667, "fair_value": 19.09509, "relative_strength": -43.647947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.674216, "energy": 32.764731, "activity_lines": [ 11.006667, 11.041818, 11.372381, 11.677634 ] }, { "date": "2025-09-26", "close": 10.2, "volume": 0, "typical_volume": 163.8, "trend": 12.205, "fair_value": 19.028712, "relative_strength": -44.943003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.375085, "energy": 41.232811, "activity_lines": [ 10.693333, 10.862727, 11.245476, 11.534946 ] }, { "date": "2025-10-03", "close": 12.2, "volume": 0, "typical_volume": 163.8, "trend": 12.091667, "fair_value": 18.975058, "relative_strength": -34.341618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.287889, "energy": 18.252258, "activity_lines": [ 11.12, 11.08, 11.312381, 11.534624 ] }, { "date": "2025-10-10", "close": 11.5, "volume": 1161, "typical_volume": 194.35, "trend": 11.981667, "fair_value": 18.918904, "relative_strength": -35.715456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.472488, "energy": 16.636975, "activity_lines": [ 11.266667, 11.175455, 11.310714, 11.496452 ] }, { "date": "2025-10-17", "close": 12.7, "volume": 953, "typical_volume": 242.0, "trend": 11.885, "fair_value": 18.872442, "relative_strength": -26.340105, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.97267, "energy": 12.184404, "activity_lines": [ 11.806667, 11.478182, 11.424762, 11.542796 ] }, { "date": "2025-10-24", "close": 13.6, "volume": 1141, "typical_volume": 299.05, "trend": 11.825, "fair_value": 18.841686, "relative_strength": -21.446198, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.104884, "energy": 41.736624, "activity_lines": [ 12.526667, 11.890909, 11.619286, 11.653441 ] }, { "date": "2025-10-31", "close": 10.1, "volume": 2973, "typical_volume": 447.7, "trend": 11.685, "fair_value": 18.778763, "relative_strength": -42.248352, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.188343, "energy": 15.459647, "activity_lines": [ 11.88, 11.62, 11.47381, 11.542151 ] }, { "date": "2025-11-07", "close": 9.65, "volume": 3557, "typical_volume": 625.55, "trend": 11.57, "fair_value": 18.706071, "relative_strength": -42.98983, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.950001, "energy": 24.092547, "activity_lines": [ 11.09, 11.289091, 11.292619, 11.41086 ] }, { "date": "2025-11-14", "close": 9.8, "volume": 200, "typical_volume": 635.55, "trend": 11.45, "fair_value": 18.641737, "relative_strength": -42.160827, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.121743, "energy": 56.036453, "activity_lines": [ 10.52, 11.019091, 11.137857, 11.296667 ] }, { "date": "2025-11-21", "close": 9.8, "volume": 32, "typical_volume": 637.15, "trend": 11.386667, "fair_value": 18.57209, "relative_strength": -40.203753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.066415, "energy": 60.614623, "activity_lines": [ 10.063333, 10.778182, 10.995, 11.190215 ] }, { "date": "2025-11-28", "close": 10.3, "volume": 0, "typical_volume": 637.15, "trend": 11.35, "fair_value": 18.499333, "relative_strength": -38.661709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.494984, "energy": 69.223814, "activity_lines": [ 9.966667, 10.648182, 10.911667, 11.120108 ] }, { "date": "2025-12-05", "close": 9.6, "volume": 0, "typical_volume": 637.15, "trend": 11.306667, "fair_value": 18.428051, "relative_strength": -42.402479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.559229, "energy": 70.279417, "activity_lines": [ 9.856667, 10.396364, 10.770238, 11.007204 ] }, { "date": "2025-12-12", "close": 9.6, "volume": 0, "typical_volume": 596.45, "trend": 11.233333, "fair_value": 18.363782, "relative_strength": -41.290312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.986447, "energy": 61.003686, "activity_lines": [ 9.78, 10.155455, 10.640238, 10.897097 ] }, { "date": "2025-12-19", "close": 9.65, "volume": 996, "typical_volume": 605.55, "trend": 11.161667, "fair_value": 18.301897, "relative_strength": -41.007768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.513731, "energy": 44.016183, "activity_lines": [ 9.723333, 9.970909, 10.52881, 10.794946 ] }, { "date": "2025-12-26", "close": 9.5, "volume": 0, "typical_volume": 605.55, "trend": 11.091667, "fair_value": 18.237064, "relative_strength": -40.653827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.6849, "energy": 45.870304, "activity_lines": [ 9.626667, 9.792727, 10.409048, 10.687742 ] }, { "date": "2026-01-02", "close": 9.9, "volume": 0, "typical_volume": 605.55, "trend": 11.015, "fair_value": 18.180385, "relative_strength": -37.833924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.971777, "energy": 43.195449, "activity_lines": [ 9.683333, 9.745455, 10.328571, 10.61086 ] }, { "date": "2026-01-09", "close": 10.3, "volume": 0, "typical_volume": 564.85, "trend": 10.971667, "fair_value": 18.116154, "relative_strength": -34.258459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.437746, "energy": 30.70086, "activity_lines": [ 9.9, 9.838182, 10.291429, 10.564731 ] }, { "date": "2026-01-16", "close": 10.4, "volume": 0, "typical_volume": 550.65, "trend": 10.911667, "fair_value": 18.048013, "relative_strength": -32.636526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.023846, "energy": 21.334317, "activity_lines": [ 10.103333, 9.945455, 10.268571, 10.527849 ] }, { "date": "2026-01-23", "close": 10.3, "volume": 0, "typical_volume": 550.65, "trend": 10.845, "fair_value": 17.973173, "relative_strength": -32.090708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.849237, "energy": 20.803328, "activity_lines": [ 10.22, 10.020909, 10.241429, 10.488387 ] }, { "date": "2026-01-30", "close": 9.15, "volume": 1037, "typical_volume": 602.5, "trend": 10.74, "fair_value": 17.888365, "relative_strength": -38.903769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.617565, "energy": 30.014017, "activity_lines": [ 9.91, 9.878182, 10.11, 10.379032 ] }, { "date": "2026-02-06", "close": 9.4, "volume": 4376, "typical_volume": 821.3, "trend": 10.65, "fair_value": 17.805096, "relative_strength": -36.388128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.391025, "energy": 48.577232, "activity_lines": [ 9.706667, 9.792727, 10.010714, 10.292581 ] }, { "date": "2026-02-13", "close": 7.85, "volume": 4250, "typical_volume": 1033.8, "trend": 10.511667, "fair_value": 17.710032, "relative_strength": -45.346852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.032475, "energy": 83.754389, "activity_lines": [ 9.02, 9.441818, 9.769524, 10.111935 ] }, { "date": "2026-02-20", "close": 7.65, "volume": 2397, "typical_volume": 1153.65, "trend": 10.35, "fair_value": 17.610801, "relative_strength": -47.331381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.888956, "energy": 93.811372, "activity_lines": [ 8.43, 9.086364, 9.520476, 9.927312 ] }, { "date": "2026-02-27", "close": 7.55, "volume": 0, "typical_volume": 1095.6, "trend": 10.238333, "fair_value": 17.507404, "relative_strength": -45.963338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.651838, "energy": 93.110011, "activity_lines": [ 7.99, 8.748182, 9.283571, 9.746667 ] }, { "date": "2026-03-06", "close": 7.15, "volume": 2075, "typical_volume": 1151.7, "trend": 10.151667, "fair_value": 17.421346, "relative_strength": -45.005576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.995088, "energy": 94.383963, "activity_lines": [ 7.6, 8.375455, 9.027381, 9.547419 ] }, { "date": "2026-03-13", "close": 6.95, "volume": 0, "typical_volume": 1094.65, "trend": 10.016667, "fair_value": 17.339795, "relative_strength": -44.168651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.376128, "energy": 92.981733, "activity_lines": [ 7.276667, 8.009091, 8.778571, 9.34086 ] }, { "date": "2026-03-20", "close": 6.6, "volume": 0, "typical_volume": 946.0, "trend": 9.86, "fair_value": 17.257577, "relative_strength": -45.218389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.606579, "energy": 93.323391, "activity_lines": [ 7.0, 7.632727, 8.528095, 9.12043 ] }, { "date": "2026-03-27", "close": 6.5, "volume": 946, "typical_volume": 815.45, "trend": 9.693333, "fair_value": 17.173577, "relative_strength": -45.721181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.298791, "energy": 89.173208, "activity_lines": [ 6.773333, 7.305455, 8.284762, 8.903656 ] }, { "date": "2026-04-03", "close": 6.85, "volume": 666, "typical_volume": 838.75, "trend": 9.541667, "fair_value": 17.095795, "relative_strength": -43.537965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.939248, "energy": 67.435042, "activity_lines": [ 6.74, 7.112727, 8.089762, 8.720215 ] }, { "date": "2026-04-10", "close": 6.714, "volume": 0, "typical_volume": 837.15, "trend": 9.402133, "fair_value": 17.018051, "relative_strength": -46.963153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.281425, "energy": 66.204957, "activity_lines": [ 6.708, 6.958, 7.895857, 8.537785 ] }, { "date": "2026-04-17", "close": 7.254, "volume": 0, "typical_volume": 837.15, "trend": 9.2906, "fair_value": 16.948321, "relative_strength": -42.97253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.530942, "energy": 62.509302, "activity_lines": [ 6.885067, 6.945745, 7.768076, 8.399196 ] }, { "date": "2026-04-24", "close": 6.684, "volume": 0, "typical_volume": 837.15, "trend": 9.1734, "fair_value": 16.883231, "relative_strength": -44.736121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.882404, "energy": 59.42454, "activity_lines": [ 6.851867, 6.868873, 7.600514, 8.231028 ] }, { "date": "2026-05-01", "close": 7.022, "volume": 9555, "typical_volume": 1314.9, "trend": 9.0008, "fair_value": 16.81218, "relative_strength": -41.518947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.928669, "energy": 49.646441, "activity_lines": [ 6.925733, 6.874655, 7.479029, 8.092228 ] }, { "date": "2026-05-08", "close": 6.996, "volume": 304, "typical_volume": 1280.3, "trend": 8.850667, "fair_value": 16.736885, "relative_strength": -41.89395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.289902, "energy": 42.325512, "activity_lines": [ 6.956133, 6.887127, 7.367343, 7.962886 ] }, { "date": "2026-05-15", "close": 6.664, "volume": 1100, "typical_volume": 1335.3, "trend": 8.649467, "fair_value": 16.655897, "relative_strength": -43.621266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.159965, "energy": 53.6905, "activity_lines": [ 6.866133, 6.849309, 7.236676, 7.821811 ] }, { "date": "2026-05-22", "close": 6.806, "volume": 0, "typical_volume": 1335.3, "trend": 8.423, "fair_value": 16.576064, "relative_strength": -42.753587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.338792, "energy": 50.381637, "activity_lines": [ 6.8268, 6.846145, 7.133038, 7.702877 ] }, { "date": "2026-05-29", "close": 6.906, "volume": 0, "typical_volume": 1335.3, "trend": 8.316533, "fair_value": 16.499782, "relative_strength": -42.650819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.263996, "energy": 47.249926, "activity_lines": [ 6.850667, 6.863782, 7.053657, 7.605006 ] }, { "date": "2026-06-05", "close": 8.026, "volume": 0, "typical_volume": 1335.3, "trend": 8.2624, "fair_value": 16.434051, "relative_strength": -31.6867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.340166, "energy": 16.730293, "activity_lines": [ 7.233067, 7.079491, 7.097105, 7.586262 ] }, { "date": "2026-06-12", "close": 8.278, "volume": 0, "typical_volume": 1335.3, "trend": 8.211667, "fair_value": 16.370064, "relative_strength": -30.579674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.912624, "energy": 23.766592, "activity_lines": [ 7.632533, 7.313273, 7.175857, 7.587269 ] }, { "date": "2026-06-19", "close": 8.346, "volume": 0, "typical_volume": 1283.45, "trend": 8.1632, "fair_value": 16.30768, "relative_strength": -31.835654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.891394, "energy": 37.96944, "activity_lines": [ 7.9692, 7.533455, 7.270714, 7.595935 ] }, { "date": "2026-06-26", "close": 8.992, "volume": 0, "typical_volume": 1064.65, "trend": 8.1196, "fair_value": 16.244949, "relative_strength": -24.093768, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.55669, "energy": 67.314125, "activity_lines": [ 8.409067, 7.841418, 7.430924, 7.649406 ] }, { "date": "2026-07-03", "close": 9.036, "volume": 0, "typical_volume": 852.15, "trend": 8.1008, "fair_value": 16.182423, "relative_strength": -24.455329, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.319477, "energy": 78.623074, "activity_lines": [ 8.717867, 8.125782, 7.597267, 7.708529 ] }, { "date": "2026-07-10", "close": 9.198, "volume": 0, "typical_volume": 732.3, "trend": 8.0874, "fair_value": 16.12391, "relative_strength": -21.073088, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.285587, "energy": 78.4483, "activity_lines": [ 8.938667, 8.396836, 7.77339, 7.779316 ] }, { "date": "2026-07-17", "close": 9.618, "volume": 1158, "typical_volume": 790.2, "trend": 8.086333, "fair_value": 16.051814, "relative_strength": -14.852595, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.912141, "energy": 83.755128, "activity_lines": [ 9.221333, 8.704691, 7.982143, 7.878065 ] }, { "date": "2026-07-24", "close": 10.035, "volume": 6541, "typical_volume": 1013.5, "trend": 8.104167, "fair_value": 15.993962, "relative_strength": -11.280675, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 60.258468, "energy": 84.266478, "activity_lines": [ 9.553667, 9.040691, 8.220762, 8.003785 ] }, { "date": "2026-07-31", "close": 11.81, "volume": 5504, "typical_volume": 1288.7, "trend": 8.167833, "fair_value": 15.949077, "relative_strength": 5.090544, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 97.453221, "energy": 97.318657, "activity_lines": [ 10.365067, 9.638127, 8.61469, 8.242871 ] }, { "date": "2026-08-07", "close": 11.67, "volume": 5790, "typical_volume": 1578.2, "trend": 8.2135, "fair_value": 15.903346, "relative_strength": 1.151716, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.128221, "energy": 95.970305, "activity_lines": [ 10.941933, 10.119127, 8.972143, 8.468817 ] } ], "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." } } }