{ "ticker": { "uuid": "864f24cb-aab7-419a-b6cc-4ff941b35052", "symbol": "1301", "name": "United Wire Factories Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 4.37, "architecture_energy": 3.976, "architecture_maturity": 89.845, "architecture_confidence": 72.681, "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": 68.63, "rotation_up": 25.48, "upward_expansion": 24.21, "deceleration": 47.55, "rotation_down": 27.03, "downward_expansion": 50.88 }, "activity_lines": [ 16.835334, 16.692364, 16.664572, 16.796215 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 18.23, "trend_reference": 17.203667, "distance_from_trend": 0.059658, "trend_direction": "Weakening", "fair_value": 24.441909, "distance_from_fair_value": -0.25415, "fair_value_direction": "Improving", "relative_strength": -4.648558, "relative_strength_direction": "Improving", "price_momentum": -0.046049, "excess_performance": -0.01422, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059658, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.081688, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.25415, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.082374, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.046486, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.138313, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.046049, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.656596, "read": "Demand-led" } ], "volume": { "latest": 1809838, "relative_activity": 4.875594, "balance": 1.656596, "dry_up": 1.664715, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.058146, "annualized_volatility": 0.319763, "from_high_reference": -0.286039, "from_low_reference": 0.207285 }, "levels": { "trend_reference": 17.203667, "fair_value_reference": 24.441909, "structural_low": 15.1, "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": 34, "median_return": -0.004433, "positive_rate": 0.441176, "directional_follow_through": 0.558824, "median_excess_return": 0.00919, "regime_survival": 0.852941, "best_return": 0.134991, "worst_return": -0.181141, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.002777, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.002241, "regime_survival": 0.583333, "best_return": 0.191956, "worst_return": -0.191356, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 6.4e-05, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.015617, "regime_survival": 0.333333, "best_return": 0.243084, "worst_return": -0.300704, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.105139, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.091938, "regime_survival": 0.5, "best_return": 0.086024, "worst_return": -0.35978, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": 0.008651, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-09-27", "tenure": "Developing", "return": 0.006921, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.038206, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-11-29", "tenure": "Developing", "return": -0.078191, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2025-01-24", "tenure": "Developing", "return": 0.049123, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.033613, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.084656, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-09-19", "tenure": "Extended", "return": -0.084479, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.069009, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": -0.040284, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": -0.084337, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": -0.043325, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": -0.078486, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-08-07", "tenure": "Extended", "return": -0.043547, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 29.642046, "volume": 469379, "typical_volume": 256899.9, "trend": 30.170038, "fair_value": 34.567075, "relative_strength": -6.615447, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -1.81211, "energy": 12.549276, "activity_lines": [ 30.643543, 31.170978, 31.24647, 30.806981 ] }, { "date": "2023-08-11", "close": 26.706617, "volume": 577481, "typical_volume": 285615.0, "trend": 30.131666, "fair_value": 34.565079, "relative_strength": -15.888295, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -43.071004, "energy": 42.549773, "activity_lines": [ 29.166236, 30.319128, 30.850256, 30.583535 ] }, { "date": "2023-08-18", "close": 25.7857, "volume": 557445, "typical_volume": 313349.75, "trend": 30.050318, "fair_value": 34.563231, "relative_strength": -18.658969, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.478442, "energy": 69.37759, "activity_lines": [ 27.769511, 29.387745, 30.371927, 30.30315 ] }, { "date": "2023-08-25", "close": 25.417334, "volume": 444844, "typical_volume": 335466.05, "trend": 29.950552, "fair_value": 34.548391, "relative_strength": -19.156146, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.048921, "energy": 80.080473, "activity_lines": [ 26.675921, 28.487757, 29.869807, 30.004248 ] }, { "date": "2023-09-01", "close": 25.923838, "volume": 473727, "typical_volume": 358971.35, "trend": 29.856926, "fair_value": 34.526659, "relative_strength": -17.788019, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.770071, "energy": 88.13775, "activity_lines": [ 26.113394, 27.784929, 29.432755, 29.74446 ] }, { "date": "2023-09-08", "close": 25.048965, "volume": 368779, "typical_volume": 377243.4, "trend": 29.692311, "fair_value": 34.485744, "relative_strength": -18.134754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.340967, "energy": 90.262766, "activity_lines": [ 25.56468, 27.046102, 28.929813, 29.434269 ] }, { "date": "2023-09-15", "close": 26.061975, "volume": 862281, "typical_volume": 420304.0, "trend": 29.592162, "fair_value": 34.447562, "relative_strength": -13.961024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.908342, "energy": 82.127835, "activity_lines": [ 25.659841, 26.610549, 28.553717, 29.200053 ] }, { "date": "2023-09-22", "close": 25.555471, "volume": 460781, "typical_volume": 443230.55, "trend": 29.47321, "fair_value": 34.395093, "relative_strength": -13.650086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.239994, "energy": 68.242967, "activity_lines": [ 25.629144, 26.200322, 28.154926, 28.939622 ] }, { "date": "2023-09-29", "close": 25.279196, "volume": 289399, "typical_volume": 457530.35, "trend": 29.363467, "fair_value": 34.330632, "relative_strength": -15.006733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.326403, "energy": 61.541024, "activity_lines": [ 25.521704, 25.860211, 27.758329, 28.66904 ] }, { "date": "2023-10-06", "close": 24.542461, "volume": 178721, "typical_volume": 466279.4, "trend": 29.214585, "fair_value": 34.205435, "relative_strength": -14.861537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.724016, "energy": 62.694876, "activity_lines": [ 25.177894, 25.487448, 27.317, 28.358007 ] }, { "date": "2023-10-13", "close": 23.391312, "volume": 349582, "typical_volume": 483541.75, "trend": 29.035006, "fair_value": 34.130671, "relative_strength": -17.064008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.289475, "energy": 74.47978, "activity_lines": [ 24.542461, 25.013803, 26.796627, 27.982312 ] }, { "date": "2023-10-20", "close": 22.986109, "volume": 298260, "typical_volume": 498204.95, "trend": 28.87185, "fair_value": 34.053771, "relative_strength": -18.582525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.963564, "energy": 86.29977, "activity_lines": [ 23.882469, 24.580135, 26.282776, 27.592061 ] }, { "date": "2023-10-27", "close": 21.917847, "volume": 272546, "typical_volume": 511663.3, "trend": 28.663876, "fair_value": 33.974401, "relative_strength": -20.126356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.794638, "energy": 91.611641, "activity_lines": [ 23.071448, 24.019882, 25.707927, 27.143416 ] }, { "date": "2023-11-03", "close": 22.673, "volume": 201950, "typical_volume": 521557.2, "trend": 28.454598, "fair_value": 33.894148, "relative_strength": -20.26021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.375006, "energy": 86.074581, "activity_lines": [ 22.754653, 23.667255, 25.249178, 26.756908 ] }, { "date": "2023-11-10", "close": 25.325241, "volume": 1369511, "typical_volume": 589622.55, "trend": 28.312623, "fair_value": 33.833253, "relative_strength": -10.472724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.231211, "energy": 65.080407, "activity_lines": [ 23.495685, 23.84675, 25.08361, 26.555014 ] }, { "date": "2023-11-17", "close": 25.454821, "volume": 1165429, "typical_volume": 615526.85, "trend": 28.113573, "fair_value": 33.795074, "relative_strength": -11.680644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.806644, "energy": 47.925927, "activity_lines": [ 24.227725, 24.060689, 24.965466, 26.370639 ] }, { "date": "2023-11-24", "close": 24.977243, "volume": 379305, "typical_volume": 596434.7, "trend": 27.898603, "fair_value": 33.749794, "relative_strength": -12.989705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.566463, "energy": 29.508529, "activity_lines": [ 24.663005, 24.180416, 24.831096, 26.168295 ] }, { "date": "2023-12-01", "close": 25.168274, "volume": 617425, "typical_volume": 549520.8, "trend": 27.686164, "fair_value": 33.68823, "relative_strength": -12.766459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.472678, "energy": 33.007381, "activity_lines": [ 25.029219, 24.354598, 24.750837, 25.992145 ] }, { "date": "2023-12-08", "close": 26.123428, "volume": 1097689, "typical_volume": 571156.65, "trend": 27.536261, "fair_value": 33.626727, "relative_strength": -9.611305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.852172, "energy": 26.104823, "activity_lines": [ 25.497123, 24.709485, 24.794908, 25.891323 ] }, { "date": "2023-12-15", "close": 27.699429, "volume": 1847741, "typical_volume": 614113.75, "trend": 27.42738, "fair_value": 33.569267, "relative_strength": -6.558345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.291353, "energy": 28.842559, "activity_lines": [ 26.260332, 25.335568, 25.011585, 25.90185 ] }, { "date": "2023-12-22", "close": 27.890461, "volume": 1331300, "typical_volume": 657209.8, "trend": 27.261554, "fair_value": 33.511011, "relative_strength": -6.322173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.54968, "energy": 36.008003, "activity_lines": [ 26.92894, 25.938984, 25.259818, 25.931727 ] }, { "date": "2023-12-29", "close": 28.033733, "volume": 852053, "typical_volume": 670938.4, "trend": 27.14463, "fair_value": 33.45704, "relative_strength": -8.012545, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.220312, "energy": 50.98502, "activity_lines": [ 27.482928, 26.486648, 25.530037, 25.981545 ] }, { "date": "2024-01-05", "close": 27.985975, "volume": 1094488, "typical_volume": 697790.55, "trend": 27.037626, "fair_value": 33.395019, "relative_strength": -9.557406, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.968256, "energy": 61.340386, "activity_lines": [ 27.817232, 26.933853, 25.789388, 26.035825 ] }, { "date": "2024-01-12", "close": 28.32028, "volume": 1528061, "typical_volume": 751951.4, "trend": 26.941766, "fair_value": 33.343221, "relative_strength": -8.041671, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.597888, "energy": 60.897274, "activity_lines": [ 28.075123, 27.331511, 26.0701, 26.118577 ] }, { "date": "2024-01-19", "close": 27.603914, "volume": 1125685, "typical_volume": 784549.3, "trend": 26.772143, "fair_value": 33.285822, "relative_strength": -8.971297, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.773319, "energy": 39.812145, "activity_lines": [ 27.947769, 27.496243, 26.268763, 26.161296 ] }, { "date": "2024-01-26", "close": 29.991796, "volume": 1962677, "typical_volume": 864244.2, "trend": 26.71857, "fair_value": 33.241036, "relative_strength": -2.600617, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.179046, "energy": 51.26013, "activity_lines": [ 28.622744, 28.053704, 26.686843, 26.369016 ] }, { "date": "2024-02-02", "close": 28.559067, "volume": 1887008, "typical_volume": 915480.55, "trend": 26.586542, "fair_value": 33.183362, "relative_strength": -5.142664, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.125237, "energy": 39.281603, "activity_lines": [ 28.680053, 28.26818, 26.944935, 26.487757 ] }, { "date": "2024-02-09", "close": 29.609735, "volume": 1502461, "typical_volume": 967564.55, "trend": 26.501047, "fair_value": 33.134443, "relative_strength": -3.702723, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.075986, "energy": 61.406897, "activity_lines": [ 29.052563, 28.608561, 27.2912, 26.682802 ] }, { "date": "2024-02-16", "close": 30.278343, "volume": 1726414, "typical_volume": 1039415.3, "trend": 26.481967, "fair_value": 33.091494, "relative_strength": -3.481178, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.693177, "energy": 75.793428, "activity_lines": [ 29.539691, 28.989754, 27.681836, 26.926498 ] }, { "date": "2024-02-23", "close": 30.087313, "volume": 1833381, "typical_volume": 1122148.3, "trend": 26.468031, "fair_value": 33.050687, "relative_strength": -4.950712, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.79261, "energy": 66.367378, "activity_lines": [ 29.832605, 29.260671, 28.030473, 27.159101 ] }, { "date": "2024-03-01", "close": 30.899191, "volume": 1961366, "typical_volume": 1202737.5, "trend": 26.509936, "fair_value": 33.011044, "relative_strength": -2.082738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.424914, "energy": 73.531556, "activity_lines": [ 30.230585, 29.635785, 28.430028, 27.444983 ] }, { "date": "2024-03-08", "close": 31.137978, "volume": 1884439, "typical_volume": 1282046.45, "trend": 26.657648, "fair_value": 32.958117, "relative_strength": -0.645122, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.674368, "energy": 65.778961, "activity_lines": [ 30.647668, 29.999611, 28.816572, 27.743566 ] }, { "date": "2024-03-15", "close": 31.090221, "volume": 1081227, "typical_volume": 1322480.5, "trend": 26.834465, "fair_value": 32.908042, "relative_strength": -1.738117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.2881, "energy": 62.994184, "activity_lines": [ 30.876904, 30.298313, 29.15975, 28.029539 ] }, { "date": "2024-03-22", "close": 34.958591, "volume": 4760740, "typical_volume": 1550420.0, "trend": 27.152507, "fair_value": 32.883456, "relative_strength": 9.626199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.797004, "energy": 81.059987, "activity_lines": [ 32.296898, 31.243915, 29.827666, 28.553676 ] }, { "date": "2024-03-29", "close": 31.711073, "volume": 1858973, "typical_volume": 1574893.1, "trend": 27.345415, "fair_value": 32.843241, "relative_strength": 1.712411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.207701, "energy": 55.405972, "activity_lines": [ 32.322369, 31.478361, 30.127792, 28.847777 ] }, { "date": "2024-04-05", "close": 30.946951, "volume": 1009133, "typical_volume": 1567078.3, "trend": 27.542014, "fair_value": 32.798819, "relative_strength": -1.601231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.824749, "energy": 49.229945, "activity_lines": [ 31.984883, 31.499202, 30.324736, 29.080134 ] }, { "date": "2024-04-19", "close": 31.711073, "volume": 1334310, "typical_volume": 1614828.55, "trend": 27.730318, "fair_value": 32.753762, "relative_strength": 2.606562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.086353, "energy": 45.292414, "activity_lines": [ 31.898919, 31.641606, 30.5683, 29.349105 ] }, { "date": "2024-04-26", "close": 30.373857, "volume": 798062, "typical_volume": 1623860.4, "trend": 27.89093, "fair_value": 32.692178, "relative_strength": 0.570476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.169862, "energy": 25.074741, "activity_lines": [ 31.329011, 31.483572, 30.652444, 29.519656 ] }, { "date": "2024-05-03", "close": 32.475193, "volume": 1395159, "typical_volume": 1638733.9, "trend": 28.130797, "fair_value": 32.641988, "relative_strength": 6.831881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.993627, "energy": 27.80747, "activity_lines": [ 31.507306, 31.693705, 30.911927, 29.815415 ] }, { "date": "2024-05-10", "close": 33.334835, "volume": 2001860, "typical_volume": 1646439.85, "trend": 28.423876, "fair_value": 32.598001, "relative_strength": 10.339241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.043321, "energy": 38.607563, "activity_lines": [ 32.137708, 32.020195, 31.223034, 30.15116 ] }, { "date": "2024-05-17", "close": 31.329008, "volume": 1283842, "typical_volume": 1644066.95, "trend": 28.688466, "fair_value": 32.539773, "relative_strength": 4.58257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.58121, "energy": 30.18927, "activity_lines": [ 31.99125, 31.922942, 31.316275, 30.338588 ] }, { "date": "2024-05-24", "close": 29.227674, "volume": 995372, "typical_volume": 1651232.9, "trend": 28.896518, "fair_value": 32.470841, "relative_strength": -0.566256, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.747968, "energy": 15.283468, "activity_lines": [ 31.118877, 31.435814, 31.193015, 30.373375 ] }, { "date": "2024-05-31", "close": 27.890461, "volume": 595530, "typical_volume": 1626285.0, "trend": 29.095605, "fair_value": 32.399909, "relative_strength": -0.684902, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.296432, "energy": 10.787356, "activity_lines": [ 29.966326, 30.740289, 30.936716, 30.308468 ] }, { "date": "2024-06-07", "close": 27.556158, "volume": 389690, "typical_volume": 1569366.45, "trend": 29.258377, "fair_value": 32.324413, "relative_strength": -2.02145, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.905696, "energy": 30.632354, "activity_lines": [ 28.8679, 30.04216, 30.649033, 30.209149 ] }, { "date": "2024-06-14", "close": 27.603914, "volume": 1158286, "typical_volume": 1570996.5, "trend": 29.334333, "fair_value": 32.238156, "relative_strength": -0.989276, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.203834, "energy": 42.720233, "activity_lines": [ 28.113329, 29.487302, 30.369537, 30.102409 ] }, { "date": "2024-06-28", "close": 26.792034, "volume": 1008964, "typical_volume": 1523310.85, "trend": 29.378907, "fair_value": 32.138393, "relative_strength": -5.451605, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.134726, "energy": 55.428204, "activity_lines": [ 27.470193, 28.859506, 30.012719, 29.93839 ] }, { "date": "2024-07-05", "close": 26.266701, "volume": 539268, "typical_volume": 1455923.85, "trend": 29.421889, "fair_value": 32.039759, "relative_strength": -6.304341, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.273673, "energy": 65.069421, "activity_lines": [ 26.954411, 28.211739, 29.621106, 29.737603 ] }, { "date": "2024-07-12", "close": 27.078581, "volume": 619728, "typical_volume": 1411787.2, "trend": 29.485566, "fair_value": 31.941487, "relative_strength": -4.15022, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.920236, "energy": 61.423613, "activity_lines": [ 26.906653, 27.810575, 29.317732, 29.586422 ] }, { "date": "2024-07-19", "close": 27.842703, "volume": 971985, "typical_volume": 1374065.75, "trend": 29.542875, "fair_value": 31.85088, "relative_strength": -4.247432, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.908209, "energy": 59.43776, "activity_lines": [ 27.167728, 27.608256, 29.099184, 29.48043 ] }, { "date": "2024-07-26", "close": 27.603914, "volume": 407352, "typical_volume": 1302764.3, "trend": 29.539691, "fair_value": 31.754592, "relative_strength": -3.436537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.664941, "energy": 46.341607, "activity_lines": [ 27.330104, 27.446748, 28.869492, 29.355336 ] }, { "date": "2024-08-02", "close": 27.126337, "volume": 377316, "typical_volume": 1223561.8, "trend": 29.51422, "fair_value": 31.644867, "relative_strength": -4.975113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.020408, "energy": 35.191873, "activity_lines": [ 27.333288, 27.302607, 28.606143, 29.199636 ] }, { "date": "2024-08-09", "close": 24.690699, "volume": 638941, "typical_volume": 1161286.9, "trend": 29.402786, "fair_value": 31.529559, "relative_strength": -10.366609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.374042, "energy": 51.733325, "activity_lines": [ 26.502305, 26.792035, 28.128794, 28.888441 ] }, { "date": "2024-08-16", "close": 26.218945, "volume": 581256, "typical_volume": 1136288.35, "trend": 29.343885, "fair_value": 31.427852, "relative_strength": -6.490368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.772526, "energy": 51.907716, "activity_lines": [ 26.285804, 26.641815, 27.827693, 28.683032 ] }, { "date": "2024-08-23", "close": 26.935308, "volume": 568767, "typical_volume": 926689.7, "trend": 29.297719, "fair_value": 31.320361, "relative_strength": -6.037593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.652123, "energy": 52.831832, "activity_lines": [ 26.3654, 26.652235, 27.618015, 28.52764 ] }, { "date": "2024-08-30", "close": 27.412886, "volume": 979157, "typical_volume": 882698.9, "trend": 29.291351, "fair_value": 31.218417, "relative_strength": -3.987764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.048157, "energy": 43.62343, "activity_lines": [ 26.664682, 26.760776, 27.492026, 28.406038 ] }, { "date": "2024-09-06", "close": 27.985975, "volume": 1971603, "typical_volume": 930822.4, "trend": 29.224491, "fair_value": 31.130013, "relative_strength": -1.67856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.910888, "energy": 23.228438, "activity_lines": [ 27.167729, 26.976987, 27.441084, 28.32182 ] }, { "date": "2024-09-13", "close": 27.699429, "volume": 1261006, "typical_volume": 927157.2, "trend": 29.195836, "fair_value": 31.04682, "relative_strength": -0.641304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.11238, "energy": 21.631696, "activity_lines": [ 27.517951, 27.119392, 27.376952, 28.223429 ] }, { "date": "2024-09-20", "close": 27.078581, "volume": 517122, "typical_volume": 913110.2, "trend": 29.111464, "fair_value": 30.958943, "relative_strength": -4.787579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.060201, "energy": 21.258487, "activity_lines": [ 27.460642, 27.122865, 27.272795, 28.086832 ] }, { "date": "2024-09-27", "close": 27.794947, "volume": 612820, "typical_volume": 873993.25, "trend": 29.028684, "fair_value": 30.868962, "relative_strength": -4.518974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.953757, "energy": 15.417385, "activity_lines": [ 27.584812, 27.256587, 27.252555, 28.001895 ] }, { "date": "2024-10-04", "close": 28.750099, "volume": 1629690, "typical_volume": 855384.75, "trend": 28.984111, "fair_value": 30.782638, "relative_strength": 2.145567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.74623, "energy": 9.487052, "activity_lines": [ 27.970057, 27.564841, 27.345569, 27.983922 ] }, { "date": "2024-10-11", "close": 27.603914, "volume": 3946473, "typical_volume": 988516.3, "trend": 28.874268, "fair_value": 30.692137, "relative_strength": -2.238553, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.343784, "energy": 10.607414, "activity_lines": [ 27.884093, 27.643858, 27.351254, 27.894877 ] }, { "date": "2024-10-18", "close": 29.753008, "volume": 2147398, "typical_volume": 1046117.6, "trend": 28.828102, "fair_value": 30.612594, "relative_strength": 5.951273, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.078168, "energy": 16.646017, "activity_lines": [ 28.539965, 28.104936, 27.579354, 27.95157 ] }, { "date": "2024-10-25", "close": 29.848522, "volume": 2421455, "typical_volume": 1137413.85, "trend": 28.786712, "fair_value": 30.53613, "relative_strength": 6.22125, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.920015, "energy": 35.153779, "activity_lines": [ 29.090769, 28.491338, 27.814048, 28.017403 ] }, { "date": "2024-11-01", "close": 29.609735, "volume": 826647, "typical_volume": 1159261.7, "trend": 28.608417, "fair_value": 30.463773, "relative_strength": 3.920741, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.195773, "energy": 39.278037, "activity_lines": [ 29.377314, 28.768332, 28.016677, 28.070502 ] }, { "date": "2024-11-08", "close": 30.278343, "volume": 1024504, "typical_volume": 1152572.6, "trend": 28.560659, "fair_value": 30.393588, "relative_strength": 4.982463, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.288042, "energy": 57.115668, "activity_lines": [ 29.765743, 29.118266, 28.273204, 28.178239 ] }, { "date": "2024-11-15", "close": 28.810894, "volume": 822415, "typical_volume": 1143245.15, "trend": 28.489458, "fair_value": 30.319281, "relative_strength": 2.478202, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.978587, "energy": 41.277678, "activity_lines": [ 29.56314, 29.149291, 28.377238, 28.194383 ] }, { "date": "2024-11-22", "close": 28.468491, "volume": 427541, "typical_volume": 1137658.8, "trend": 28.381372, "fair_value": 30.260398, "relative_strength": 0.782896, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.331976, "energy": 20.575694, "activity_lines": [ 29.165937, 29.103063, 28.439049, 28.19303 ] }, { "date": "2024-11-29", "close": 27.294531, "volume": 507331, "typical_volume": 1132038.95, "trend": 28.278727, "fair_value": 30.202799, "relative_strength": -1.757345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -5.252418, "energy": 7.324523, "activity_lines": [ 28.463048, 28.829404, 28.37857, 28.122912 ] }, { "date": "2024-12-06", "close": 27.88151, "volume": 583474, "typical_volume": 1112613.4, "trend": 28.125605, "fair_value": 30.159886, "relative_strength": -2.152962, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.726542, "energy": 13.927392, "activity_lines": [ 28.126085, 28.658542, 28.372965, 28.097285 ] }, { "date": "2024-12-13", "close": 27.930424, "volume": 384055, "typical_volume": 1111448.55, "trend": 27.945458, "fair_value": 30.11482, "relative_strength": -3.38223, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.339432, "energy": 14.580842, "activity_lines": [ 27.920642, 28.495001, 28.371833, 28.084692 ] }, { "date": "2024-12-20", "close": 28.370659, "volume": 928674, "typical_volume": 1139016.45, "trend": 27.846846, "fair_value": 30.085262, "relative_strength": -0.198959, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.700765, "energy": 17.866015, "activity_lines": [ 28.018472, 28.426405, 28.411074, 28.112125 ] }, { "date": "2024-12-27", "close": 27.734766, "volume": 388137, "typical_volume": 1126476.25, "trend": 27.797082, "fair_value": 30.055856, "relative_strength": -2.116544, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.720394, "energy": 10.035824, "activity_lines": [ 27.933686, 28.228251, 28.383829, 28.104894 ] }, { "date": "2025-01-03", "close": 29.006554, "volume": 858140, "typical_volume": 1140320.45, "trend": 27.834285, "fair_value": 30.02544, "relative_strength": 0.318284, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.100872, "energy": 12.802051, "activity_lines": [ 28.321745, 28.298026, 28.46321, 28.182924 ] }, { "date": "2025-01-10", "close": 29.446789, "volume": 723921, "typical_volume": 1148078.15, "trend": 27.897306, "fair_value": 29.983752, "relative_strength": 1.8119, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.70176, "energy": 24.403488, "activity_lines": [ 28.742413, 28.463153, 28.571244, 28.286957 ] }, { "date": "2025-01-17", "close": 29.593533, "volume": 622512, "typical_volume": 1130245.9, "trend": 27.963627, "fair_value": 29.957099, "relative_strength": 0.908039, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.559128, "energy": 44.258627, "activity_lines": [ 29.107645, 28.657924, 28.681295, 28.396391 ] }, { "date": "2025-01-24", "close": 29.251127, "volume": 1186611, "typical_volume": 1090996.3, "trend": 28.045597, "fair_value": 29.934241, "relative_strength": -1.074655, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.555213, "energy": 50.688524, "activity_lines": [ 29.247867, 28.80289, 28.748351, 28.479455 ] }, { "date": "2025-01-31", "close": 29.104383, "volume": 639936, "typical_volume": 1059942.8, "trend": 28.140186, "fair_value": 29.905158, "relative_strength": -2.086427, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.984127, "energy": 50.646978, "activity_lines": [ 29.280477, 28.91317, 28.795408, 28.547764 ] }, { "date": "2025-02-07", "close": 28.810894, "volume": 449379, "typical_volume": 1056555.65, "trend": 28.19793, "fair_value": 29.865736, "relative_strength": -3.098889, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.386403, "energy": 35.236663, "activity_lines": [ 29.123949, 28.958528, 28.807822, 28.591035 ] }, { "date": "2025-02-14", "close": 28.126085, "volume": 514950, "typical_volume": 1051662.15, "trend": 28.207376, "fair_value": 29.822629, "relative_strength": -4.934704, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.530552, "energy": 10.609429, "activity_lines": [ 28.752196, 28.851805, 28.746768, 28.5864 ] }, { "date": "2025-02-21", "close": 27.734766, "volume": 246918, "typical_volume": 982523.55, "trend": 28.211738, "fair_value": 29.781594, "relative_strength": -6.139395, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.915867, "energy": 13.019429, "activity_lines": [ 28.33805, 28.669485, 28.646868, 28.555909 ] }, { "date": "2025-02-28", "close": 27.636936, "volume": 213272, "typical_volume": 795863.5, "trend": 28.228758, "fair_value": 29.736761, "relative_strength": -4.226466, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.520726, "energy": 24.39267, "activity_lines": [ 28.015211, 28.472936, 28.542486, 28.518825 ] }, { "date": "2025-03-07", "close": 25.778168, "volume": 262565, "typical_volume": 701621.85, "trend": 28.265007, "fair_value": 29.68248, "relative_strength": -8.245602, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -55.561501, "energy": 64.256279, "activity_lines": [ 27.180396, 27.95177, 28.260921, 28.360723 ] }, { "date": "2025-03-14", "close": 25.38685, "volume": 521002, "typical_volume": 606599.2, "trend": 28.23727, "fair_value": 29.633555, "relative_strength": -8.774188, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.689653, "energy": 78.371926, "activity_lines": [ 26.43689, 27.395029, 27.961016, 28.175035 ] }, { "date": "2025-03-21", "close": 24.897699, "volume": 240590, "typical_volume": 577296.35, "trend": 28.16935, "fair_value": 29.593652, "relative_strength": -10.534016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.550875, "energy": 83.501077, "activity_lines": [ 25.758602, 26.815165, 27.635771, 27.959579 ] }, { "date": "2025-03-28", "close": 25.435764, "volume": 204937, "typical_volume": 536318.0, "trend": 28.103446, "fair_value": 29.55684, "relative_strength": -10.374293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.054998, "energy": 80.357807, "activity_lines": [ 25.474896, 26.415841, 27.384209, 27.783219 ] }, { "date": "2025-04-04", "close": 24.79987, "volume": 36432, "typical_volume": 497018.85, "trend": 27.997242, "fair_value": 29.510231, "relative_strength": -11.106697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.942331, "energy": 83.541562, "activity_lines": [ 25.132491, 25.976496, 27.095145, 27.570085 ] }, { "date": "2025-04-11", "close": 22.618265, "volume": 410355, "typical_volume": 496159.55, "trend": 27.82787, "fair_value": 29.455, "relative_strength": -15.863359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.037571, "energy": 88.767766, "activity_lines": [ 24.252023, 25.221428, 26.617409, 27.223054 ] }, { "date": "2025-04-18", "close": 24.555296, "volume": 312705, "typical_volume": 486428.25, "trend": 27.743761, "fair_value": 29.416119, "relative_strength": -8.823906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.880421, "energy": 60.692872, "activity_lines": [ 24.227892, 24.936476, 26.352011, 27.01192 ] }, { "date": "2025-04-25", "close": 24.60421, "volume": 267741, "typical_volume": 470641.6, "trend": 27.637403, "fair_value": 29.368971, "relative_strength": -9.953447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.020566, "energy": 54.30745, "activity_lines": [ 24.275502, 24.737793, 26.104315, 26.809368 ] }, { "date": "2025-05-02", "close": 24.163977, "volume": 209389, "typical_volume": 461908.3, "trend": 27.484532, "fair_value": 29.322577, "relative_strength": -9.585236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.853161, "energy": 52.583617, "activity_lines": [ 24.195934, 24.523101, 25.830298, 26.585276 ] }, { "date": "2025-05-09", "close": 23.381336, "volume": 278192, "typical_volume": 429384.2, "trend": 27.34378, "fair_value": 29.269735, "relative_strength": -10.707366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.427637, "energy": 50.367646, "activity_lines": [ 23.940272, 24.231034, 25.49968, 26.320554 ] }, { "date": "2025-05-16", "close": 23.4596, "volume": 240714, "typical_volume": 422013.05, "trend": 27.133999, "fair_value": 29.204523, "relative_strength": -10.852675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.238771, "energy": 48.809106, "activity_lines": [ 23.805266, 24.030571, 25.200274, 26.069962 ] }, { "date": "2025-05-23", "close": 23.185678, "volume": 182499, "typical_volume": 388231.0, "trend": 26.911904, "fair_value": 29.133981, "relative_strength": -9.182177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.025163, "energy": 51.144357, "activity_lines": [ 23.522864, 23.822461, 24.895138, 25.815231 ] }, { "date": "2025-05-30", "close": 22.207378, "volume": 173496, "typical_volume": 360709.75, "trend": 26.665159, "fair_value": 29.06253, "relative_strength": -11.132979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.889132, "energy": 60.3855, "activity_lines": [ 23.00567, 23.476499, 24.524549, 25.511714 ] }, { "date": "2025-06-06", "close": 22.207378, "volume": 97380, "typical_volume": 334453.15, "trend": 26.396127, "fair_value": 28.996442, "relative_strength": -10.940815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.695345, "energy": 69.57284, "activity_lines": [ 22.648265, 23.179452, 24.188433, 25.224115 ] }, { "date": "2025-06-13", "close": 21.444305, "volume": 88962, "typical_volume": 279570.7, "trend": 26.150574, "fair_value": 28.915452, "relative_strength": -12.401746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.931904, "energy": 85.585885, "activity_lines": [ 22.166942, 22.802362, 23.814816, 24.904642 ] }, { "date": "2025-06-20", "close": 20.133385, "volume": 280330, "typical_volume": 261590.4, "trend": 25.872737, "fair_value": 28.825701, "relative_strength": -15.610669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.65975, "energy": 91.318769, "activity_lines": [ 21.377781, 22.247933, 23.353525, 24.516437 ] }, { "date": "2025-06-27", "close": 22.774792, "volume": 315096, "typical_volume": 254876.25, "trend": 25.722079, "fair_value": 28.7561, "relative_strength": -8.307901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.752533, "energy": 65.605314, "activity_lines": [ 21.690837, 22.21894, 23.186516, 24.316569 ] }, { "date": "2025-07-04", "close": 22.882404, "volume": 215654, "typical_volume": 239911.45, "trend": 25.555442, "fair_value": 28.701848, "relative_strength": -9.148383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.807542, "energy": 49.311954, "activity_lines": [ 22.067155, 22.241885, 23.058498, 24.133364 ] }, { "date": "2025-07-11", "close": 23.9781, "volume": 731056, "typical_volume": 264118.35, "trend": 25.423698, "fair_value": 28.652474, "relative_strength": -4.933368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.270242, "energy": 32.637336, "activity_lines": [ 22.763704, 22.495354, 23.059803, 24.0316 ] }, { "date": "2025-07-18", "close": 23.576996, "volume": 757637, "typical_volume": 291336.6, "trend": 25.263909, "fair_value": 28.591948, "relative_strength": -4.113892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.875347, "energy": 27.875636, "activity_lines": [ 23.208504, 22.679274, 23.040796, 23.912458 ] }, { "date": "2025-07-25", "close": 22.17803, "volume": 198253, "typical_volume": 288121.0, "trend": 25.078685, "fair_value": 28.53175, "relative_strength": -9.088611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.161805, "energy": 26.623419, "activity_lines": [ 23.044802, 22.605279, 22.907887, 23.713369 ] }, { "date": "2025-08-01", "close": 22.109549, "volume": 178567, "typical_volume": 270999.25, "trend": 24.848785, "fair_value": 28.477906, "relative_strength": -8.978923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.719731, "energy": 22.192142, "activity_lines": [ 22.721964, 22.542135, 22.7856, 23.521812 ] }, { "date": "2025-08-08", "close": 22.295425, "volume": 215355, "typical_volume": 269737.5, "trend": 24.610406, "fair_value": 28.414528, "relative_strength": -8.237257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.388281, "energy": 31.142841, "activity_lines": [ 22.505434, 22.532352, 22.696621, 23.357079 ] }, { "date": "2025-08-15", "close": 21.835625, "volume": 229954, "typical_volume": 270988.35, "trend": 24.351809, "fair_value": 28.338907, "relative_strength": -9.182115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.229154, "energy": 40.101537, "activity_lines": [ 22.174769, 22.437368, 22.576244, 23.178061 ] }, { "date": "2025-08-22", "close": 23.576996, "volume": 466649, "typical_volume": 292499.2, "trend": 24.162671, "fair_value": 28.260862, "relative_strength": -2.206217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.031219, "energy": 20.424231, "activity_lines": [ 22.567392, 22.665756, 22.638855, 23.128073 ] }, { "date": "2025-08-29", "close": 23.185678, "volume": 343577, "typical_volume": 289160.3, "trend": 23.965381, "fair_value": 28.182579, "relative_strength": -2.5422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.951168, "energy": 10.627646, "activity_lines": [ 22.829577, 22.784219, 22.670021, 23.065041 ] }, { "date": "2025-09-05", "close": 22.031284, "volume": 373350, "typical_volume": 292192.55, "trend": 23.739394, "fair_value": 28.094314, "relative_strength": -6.528958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.669955, "energy": 14.610416, "activity_lines": [ 22.639786, 22.637296, 22.588542, 22.940261 ] }, { "date": "2025-09-12", "close": 21.42474, "volume": 456054, "typical_volume": 301608.2, "trend": 23.516016, "fair_value": 27.996995, "relative_strength": -7.107285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.175804, "energy": 25.262841, "activity_lines": [ 22.253032, 22.393611, 22.461317, 22.790928 ] }, { "date": "2025-09-19", "close": 22.794357, "volume": 269628, "typical_volume": 304620.15, "trend": 23.351336, "fair_value": 27.904766, "relative_strength": -4.066157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.159581, "energy": 21.296337, "activity_lines": [ 22.380863, 22.42545, 22.479672, 22.74437 ] }, { "date": "2025-09-26", "close": 23.391119, "volume": 456910, "typical_volume": 313556.05, "trend": 23.209808, "fair_value": 27.8278, "relative_strength": -6.00045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.723186, "energy": 8.255703, "activity_lines": [ 22.643699, 22.587314, 22.561383, 22.746936 ] }, { "date": "2025-10-03", "close": 25.005312, "volume": 1030804, "typical_volume": 353060.55, "trend": 23.184047, "fair_value": 27.761182, "relative_strength": -0.955231, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.3385, "energy": 31.551549, "activity_lines": [ 23.456991, 23.046047, 22.79678, 22.862775 ] }, { "date": "2025-10-10", "close": 25.005312, "volume": 671227, "typical_volume": 377496.95, "trend": 23.171329, "fair_value": 27.704894, "relative_strength": -1.581202, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.248136, "energy": 54.246723, "activity_lines": [ 24.148975, 23.453375, 23.024817, 22.980276 ] }, { "date": "2025-10-17", "close": 24.770521, "volume": 384478, "typical_volume": 388046.05, "trend": 23.167089, "fair_value": 27.650053, "relative_strength": -3.125921, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.548276, "energy": 60.750359, "activity_lines": [ 24.564426, 23.765363, 23.221827, 23.08345 ] }, { "date": "2025-10-24", "close": 23.772655, "volume": 189937, "typical_volume": 392673.9, "trend": 23.111652, "fair_value": 27.582543, "relative_strength": -5.964905, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.258041, "energy": 66.917915, "activity_lines": [ 24.424203, 23.85092, 23.311598, 23.122519 ] }, { "date": "2025-10-31", "close": 24.359634, "volume": 289315, "typical_volume": 402691.55, "trend": 23.096978, "fair_value": 27.525806, "relative_strength": -3.690861, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.817744, "energy": 56.950672, "activity_lines": [ 24.414419, 24.007981, 23.449817, 23.203034 ] }, { "date": "2025-11-07", "close": 23.674828, "volume": 142525, "typical_volume": 395801.3, "trend": 23.132197, "fair_value": 27.462097, "relative_strength": -3.126266, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.545468, "energy": 30.782909, "activity_lines": [ 24.1118, 24.026302, 23.508935, 23.240314 ] }, { "date": "2025-11-14", "close": 22.305208, "volume": 447874, "typical_volume": 402440.2, "trend": 23.057194, "fair_value": 27.384073, "relative_strength": -7.343299, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.110602, "energy": 13.695755, "activity_lines": [ 23.441339, 23.786708, 23.420748, 23.18696 ] }, { "date": "2025-11-21", "close": 22.620001, "volume": 255641, "typical_volume": 404439.55, "trend": 22.991053, "fair_value": 27.31803, "relative_strength": -4.311196, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.888767, "energy": 17.069025, "activity_lines": [ 23.055816, 23.599368, 23.364778, 23.158754 ] }, { "date": "2025-11-28", "close": 21.940001, "volume": 110038, "typical_volume": 373388.65, "trend": 22.916921, "fair_value": 27.261279, "relative_strength": -3.716835, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.204652, "energy": 24.457907, "activity_lines": [ 22.586995, 23.26666, 23.245295, 23.090944 ] }, { "date": "2025-12-05", "close": 21.639999, "volume": 122948, "typical_volume": 341654.2, "trend": 22.858876, "fair_value": 27.203711, "relative_strength": -4.646707, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.379094, "energy": 37.697085, "activity_lines": [ 22.14035, 22.89494, 23.106946, 23.008562 ] }, { "date": "2025-12-12", "close": 21.66, "volume": 128904, "typical_volume": 338186.75, "trend": 22.79889, "fair_value": 27.148117, "relative_strength": -5.113308, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.688339, "energy": 48.507227, "activity_lines": [ 21.881681, 22.558695, 22.979726, 22.931216 ] }, { "date": "2025-12-19", "close": 19.84, "volume": 305514, "typical_volume": 344534.1, "trend": 22.687367, "fair_value": 27.090079, "relative_strength": -10.482722, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.182939, "energy": 69.893648, "activity_lines": [ 21.150667, 21.952365, 22.681639, 22.740319 ] }, { "date": "2025-12-26", "close": 19.959999, "volume": 230574, "typical_volume": 345295.05, "trend": 22.612454, "fair_value": 27.038125, "relative_strength": -10.2299, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.584173, "energy": 81.422459, "activity_lines": [ 20.624, 21.461768, 22.405788, 22.56436 ] }, { "date": "2026-01-02", "close": 19.059999, "volume": 456464, "typical_volume": 356620.55, "trend": 22.507542, "fair_value": 26.980253, "relative_strength": -14.002592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.03663, "energy": 88.25212, "activity_lines": [ 19.974666, 20.894998, 22.055344, 22.33517 ] }, { "date": "2026-01-09", "close": 19.059999, "volume": 246902, "typical_volume": 345633.2, "trend": 22.428065, "fair_value": 26.922529, "relative_strength": -12.89006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.226469, "energy": 88.239778, "activity_lines": [ 19.517333, 20.413913, 21.718117, 22.112747 ] }, { "date": "2026-01-16", "close": 19.299999, "volume": 215581, "typical_volume": 339233.4, "trend": 22.400285, "fair_value": 26.869147, "relative_strength": -14.108299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.584415, "energy": 84.568999, "activity_lines": [ 19.311999, 20.072821, 21.425256, 21.910937 ] }, { "date": "2026-01-23", "close": 20.1, "volume": 252316, "typical_volume": 333181.7, "trend": 22.311126, "fair_value": 26.819418, "relative_strength": -12.625994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.994349, "energy": 73.704696, "activity_lines": [ 19.530666, 19.956727, 21.22709, 21.762531 ] }, { "date": "2026-01-30", "close": 20.15, "volume": 188955, "typical_volume": 319826.75, "trend": 22.220046, "fair_value": 26.767648, "relative_strength": -13.86091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.186061, "energy": 52.219071, "activity_lines": [ 19.748666, 19.889818, 21.042882, 21.623104 ] }, { "date": "2026-02-06", "close": 19.110001, "volume": 220172, "typical_volume": 317353.95, "trend": 22.057776, "fair_value": 26.70803, "relative_strength": -16.418617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.779577, "energy": 52.070229, "activity_lines": [ 19.607333, 19.678727, 20.765697, 21.422456 ] }, { "date": "2026-02-13", "close": 18.76, "volume": 249687, "typical_volume": 306992.8, "trend": 21.897209, "fair_value": 26.644103, "relative_strength": -17.943219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.651515, "energy": 53.37832, "activity_lines": [ 19.346, 19.455454, 20.472722, 21.209696 ] }, { "date": "2026-02-20", "close": 16.93, "volume": 293921, "typical_volume": 270148.65, "trend": 21.722275, "fair_value": 26.560402, "relative_strength": -23.385501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.372275, "energy": 71.198942, "activity_lines": [ 18.494667, 18.951818, 20.027515, 20.889231 ] }, { "date": "2026-02-27", "close": 16.5, "volume": 396217, "typical_volume": 256398.15, "trend": 21.53529, "fair_value": 26.479847, "relative_strength": -23.127782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.277786, "energy": 91.139931, "activity_lines": [ 17.658, 18.456, 19.57981, 20.55231 ] }, { "date": "2026-03-06", "close": 16.49, "volume": 302352, "typical_volume": 252291.85, "trend": 21.341776, "fair_value": 26.39886, "relative_strength": -23.173168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.162589, "energy": 90.151293, "activity_lines": [ 17.058, 18.019091, 19.171653, 20.226807 ] }, { "date": "2026-03-13", "close": 16.209999, "volume": 163458, "typical_volume": 250967.9, "trend": 21.154255, "fair_value": 26.31962, "relative_strength": -24.796959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.504846, "energy": 89.763168, "activity_lines": [ 16.608666, 17.594363, 18.776261, 19.895725 ] }, { "date": "2026-03-20", "close": 15.94, "volume": 68763, "typical_volume": 239940.3, "trend": 20.899688, "fair_value": 26.235845, "relative_strength": -25.931818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.749521, "energy": 89.124319, "activity_lines": [ 16.262666, 17.172364, 18.391168, 19.559321 ] }, { "date": "2026-03-27", "close": 17.32, "volume": 433701, "typical_volume": 254499.1, "trend": 20.704166, "fair_value": 26.162392, "relative_strength": -20.132467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.146369, "energy": 63.015425, "activity_lines": [ 16.564666, 17.058, 18.177596, 19.328374 ] }, { "date": "2026-04-03", "close": 17.75, "volume": 304777, "typical_volume": 247344.25, "trend": 20.561456, "fair_value": 26.097451, "relative_strength": -19.035339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.433853, "energy": 54.293652, "activity_lines": [ 16.984, 17.057818, 18.035238, 19.137783 ] }, { "date": "2026-04-10", "close": 17.65, "volume": 266803, "typical_volume": 247902.35, "trend": 20.435631, "fair_value": 26.030098, "relative_strength": -19.696568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.93225, "energy": 40.352957, "activity_lines": [ 17.286667, 17.082182, 17.905047, 18.949947 ] }, { "date": "2026-04-17", "close": 18.16, "volume": 449417, "typical_volume": 264871.3, "trend": 20.281153, "fair_value": 25.960922, "relative_strength": -18.43674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.263661, "energy": 26.302599, "activity_lines": [ 17.682, 17.244727, 17.847095, 18.803132 ] }, { "date": "2026-04-24", "close": 17.0, "volume": 247686, "typical_volume": 271108.2, "trend": 20.068116, "fair_value": 25.880253, "relative_strength": -20.144072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.417539, "energy": 25.585658, "activity_lines": [ 17.560667, 17.213636, 17.696667, 18.591444 ] }, { "date": "2026-05-01", "close": 17.370001, "volume": 215412, "typical_volume": 275433.6, "trend": 19.813605, "fair_value": 25.790148, "relative_strength": -18.533373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.701909, "energy": 24.023546, "activity_lines": [ 17.492, 17.281818, 17.603571, 18.417373 ] }, { "date": "2026-05-08", "close": 17.049999, "volume": 390779, "typical_volume": 279696.85, "trend": 19.548428, "fair_value": 25.697992, "relative_strength": -18.479844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.351351, "energy": 27.755338, "activity_lines": [ 17.313333, 17.283818, 17.500428, 18.239075 ] }, { "date": "2026-05-15", "close": 16.309999, "volume": 322206, "typical_volume": 284278.45, "trend": 19.266411, "fair_value": 25.600355, "relative_strength": -21.317147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.229165, "energy": 43.490534, "activity_lines": [ 16.934666, 17.141273, 17.340095, 18.030144 ] }, { "date": "2026-05-22", "close": 16.08, "volume": 125238, "typical_volume": 267717.15, "trend": 19.009989, "fair_value": 25.507146, "relative_strength": -22.164958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.933987, "energy": 50.549245, "activity_lines": [ 16.568666, 16.960182, 17.175238, 17.82457 ] }, { "date": "2026-05-29", "close": 16.08, "volume": 0, "typical_volume": 255372.05, "trend": 18.734001, "fair_value": 25.411724, "relative_strength": -21.712961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.250919, "energy": 66.544086, "activity_lines": [ 16.341333, 16.781454, 17.024571, 17.635538 ] }, { "date": "2026-06-05", "close": 16.18, "volume": 292976, "typical_volume": 259241.8, "trend": 18.484173, "fair_value": 25.304767, "relative_strength": -20.5123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.763888, "energy": 70.645505, "activity_lines": [ 16.208666, 16.618363, 16.897619, 17.470764 ] }, { "date": "2026-06-12", "close": 16.34, "volume": 198293, "typical_volume": 256540.65, "trend": 18.285333, "fair_value": 25.207322, "relative_strength": -19.685635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.830989, "energy": 62.368123, "activity_lines": [ 16.208667, 16.505091, 16.800762, 17.33243 ] }, { "date": "2026-06-19", "close": 16.860001, "volume": 575686, "typical_volume": 275877.2, "trend": 18.093333, "fair_value": 25.115424, "relative_strength": -17.390354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.540238, "energy": 38.455016, "activity_lines": [ 16.429334, 16.512, 16.771333, 17.240473 ] }, { "date": "2026-06-26", "close": 16.24, "volume": 335722, "typical_volume": 281654.7, "trend": 17.903333, "fair_value": 25.019552, "relative_strength": -18.572352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.271522, "energy": 37.421934, "activity_lines": [ 16.406667, 16.420546, 16.698524, 17.120903 ] }, { "date": "2026-07-03", "close": 16.91, "volume": 313121, "typical_volume": 284826.4, "trend": 17.745667, "fair_value": 24.918381, "relative_strength": -13.951689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.995252, "energy": 22.517181, "activity_lines": [ 16.596667, 16.485818, 16.70319, 17.056817 ] }, { "date": "2026-07-10", "close": 16.690001, "volume": 480462, "typical_volume": 294153.45, "trend": 17.58, "fair_value": 24.822811, "relative_strength": -14.397436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.71274, "energy": 17.024399, "activity_lines": [ 16.658, 16.512728, 16.695714, 16.98871 ] }, { "date": "2026-07-17", "close": 16.440001, "volume": 228322, "typical_volume": 285758.7, "trend": 17.466667, "fair_value": 24.719734, "relative_strength": -14.431283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.480596, "energy": 19.675124, "activity_lines": [ 16.602001, 16.506546, 16.665572, 16.915161 ] }, { "date": "2026-07-24", "close": 16.030001, "volume": 178617, "typical_volume": 279571.95, "trend": 17.335667, "fair_value": 24.616243, "relative_strength": -16.644517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.906019, "energy": 28.177506, "activity_lines": [ 16.402667, 16.43691, 16.596667, 16.822473 ] }, { "date": "2026-07-31", "close": 15.93, "volume": 255016, "typical_volume": 284149.85, "trend": 17.231333, "fair_value": 24.520598, "relative_strength": -15.027501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.010399, "energy": 34.683451, "activity_lines": [ 16.225334, 16.354182, 16.520429, 16.731785 ] }, { "date": "2026-08-07", "close": 18.23, "volume": 1809838, "typical_volume": 371203.6, "trend": 17.203667, "fair_value": 24.441909, "relative_strength": -4.648558, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.370042, "energy": 3.976219, "activity_lines": [ 16.835334, 16.692364, 16.664572, 16.796215 ] } ], "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." } } }