{ "ticker": { "uuid": "87e68c76-c2cd-4625-a319-242c140d658b", "symbol": "4556", "name": "Bright Sheland International Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 49.515, "architecture_energy": 42.644, "architecture_maturity": 100.0, "architecture_confidence": 66.153, "architecture_tenure": "Extended", "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": 20.69, "rotation_up": 44.38, "upward_expansion": 68.05, "deceleration": 65.5, "rotation_down": 25.69, "downward_expansion": 18.05 }, "activity_lines": [ 90.706667, 92.063984, 76.465856, 64.726877 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 85.400002, "trend_reference": 51.084154, "distance_from_trend": 0.671751, "trend_direction": "Improving", "fair_value": 33.504107, "distance_from_fair_value": 1.548941, "fair_value_direction": "Improving", "relative_strength": 70.401793, "relative_strength_direction": "Improving", "price_momentum": 2.125686, "excess_performance": 1.684314, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.671751, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.734032, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.548941, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 1.246819, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.704018, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.707367, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 2.125686, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.92982, "read": "Demand-led" } ], "volume": { "latest": 2360632, "relative_activity": 0.820178, "balance": 4.92982, "dry_up": 0.641663, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.231133, "annualized_volatility": 1.131719, "from_high_reference": -0.381159, "from_low_reference": 2.854545 }, "levels": { "trend_reference": 51.084154, "fair_value_reference": 33.504107, "structural_low": 25.93107, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.000163, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.025235, "regime_survival": 0.666667, "best_return": 0.840484, "worst_return": -0.114286, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.030645, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.04895, "regime_survival": 0.4, "best_return": 0.974958, "worst_return": -0.1378, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.018828, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.109001, "regime_survival": 0.25, "best_return": 1.978279, "worst_return": -0.127686, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.127466, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.316852, "regime_survival": 0.0, "best_return": -0.035694, "worst_return": -0.219237, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-16", "end": "2023-09-22", "tenure": "Established", "return": -0.004221, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-29", "end": "2023-12-15", "tenure": "Developing", "return": -0.028476, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-22", "end": "2024-01-26", "tenure": "Developing", "return": -0.003478, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-02", "end": "2024-02-16", "tenure": "New", "return": 0.081433, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-04-05", "tenure": "Developing", "return": -0.069532, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-04-19", "tenure": "New", "return": 0.14079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-05-10", "tenure": "New", "return": -0.071429, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-08-09", "tenure": "Established", "return": -0.150345, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.036549, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-11-08", "tenure": "Developing", "return": -0.067989, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-11-21", "tenure": "Extended", "return": -0.251198, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": -0.033333, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": -0.115987, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-08-14", "tenure": "Extended", "return": 2.064398, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 28.760061, "volume": 129280, "typical_volume": 38986.0, "trend": 28.822722, "fair_value": 29.922554, "relative_strength": -8.819317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.084912, "energy": 14.643893, "activity_lines": [ 28.500986, 28.450296, 28.562236, 28.716887 ] }, { "date": "2023-08-18", "close": 28.47053, "volume": 29290, "typical_volume": 38632.5, "trend": 28.832822, "fair_value": 29.873978, "relative_strength": -8.428362, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.398419, "energy": 16.335088, "activity_lines": [ 28.53719, 28.453227, 28.534302, 28.694165 ] }, { "date": "2023-08-25", "close": 28.953081, "volume": 35350, "typical_volume": 39339.5, "trend": 28.840039, "fair_value": 29.82257, "relative_strength": -7.378499, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.390121, "energy": 12.400161, "activity_lines": [ 28.691916, 28.543559, 28.556753, 28.701923 ] }, { "date": "2023-09-01", "close": 28.37402, "volume": 44440, "typical_volume": 38632.5, "trend": 28.823211, "fair_value": 29.772191, "relative_strength": -9.997504, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.391183, "energy": 16.043231, "activity_lines": [ 28.607575, 28.52467, 28.525961, 28.671858 ] }, { "date": "2023-09-08", "close": 28.181, "volume": 55550, "typical_volume": 39794.0, "trend": 28.811014, "fair_value": 29.731535, "relative_strength": -10.034336, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.463358, "energy": 21.631319, "activity_lines": [ 28.464096, 28.472106, 28.482576, 28.630425 ] }, { "date": "2023-09-15", "close": 28.518785, "volume": 10100, "typical_volume": 38178.0, "trend": 28.806916, "fair_value": 29.689194, "relative_strength": -10.501749, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.049409, "energy": 14.825949, "activity_lines": [ 28.454445, 28.48761, 28.475814, 28.611571 ] }, { "date": "2023-09-22", "close": 28.615297, "volume": 10100, "typical_volume": 37117.5, "trend": 28.806034, "fair_value": 29.646286, "relative_strength": -6.745281, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.41695, "energy": 16.119311, "activity_lines": [ 28.49305, 28.521173, 28.48357, 28.599209 ] }, { "date": "2023-09-29", "close": 28.808317, "volume": 9090, "typical_volume": 35097.5, "trend": 28.773651, "fair_value": 29.616466, "relative_strength": -5.8275, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.079975, "energy": 4.890249, "activity_lines": [ 28.586343, 28.575654, 28.513449, 28.599356 ] }, { "date": "2023-10-06", "close": 29.049589, "volume": 110090, "typical_volume": 35249.0, "trend": 28.769858, "fair_value": 29.585229, "relative_strength": -5.568397, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.903975, "energy": 9.839303, "activity_lines": [ 28.769712, 28.664077, 28.567319, 28.617158 ] }, { "date": "2023-10-13", "close": 28.37402, "volume": 17170, "typical_volume": 34188.5, "trend": 28.740385, "fair_value": 29.556773, "relative_strength": -8.736426, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.625538, "energy": 12.50308, "activity_lines": [ 28.682852, 28.618805, 28.554004, 28.59162 ] }, { "date": "2023-10-20", "close": 28.711805, "volume": 30300, "typical_volume": 34390.5, "trend": 28.711107, "fair_value": 29.522779, "relative_strength": -5.194661, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.46426, "energy": 8.822845, "activity_lines": [ 28.69572, 28.637229, 28.57323, 28.589777 ] }, { "date": "2023-10-27", "close": 28.808317, "volume": 40400, "typical_volume": 33431.0, "trend": 28.691369, "fair_value": 29.492958, "relative_strength": -2.622549, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.997067, "energy": 14.414765, "activity_lines": [ 28.727891, 28.674079, 28.599734, 28.596048 ] }, { "date": "2023-11-03", "close": 28.760061, "volume": 28280, "typical_volume": 34138.0, "trend": 28.671603, "fair_value": 29.462829, "relative_strength": -4.461784, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.953783, "energy": 8.154145, "activity_lines": [ 28.731108, 28.696013, 28.619946, 28.60048 ] }, { "date": "2023-11-10", "close": 28.760061, "volume": 34340, "typical_volume": 35299.5, "trend": 28.643933, "fair_value": 29.432403, "relative_strength": -4.988414, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.126568, "energy": 11.333572, "activity_lines": [ 28.737542, 28.721457, 28.640045, 28.606187 ] }, { "date": "2023-11-17", "close": 28.08449, "volume": 24240, "typical_volume": 36107.5, "trend": 28.609552, "fair_value": 29.402386, "relative_strength": -9.642852, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.230974, "energy": 7.630089, "activity_lines": [ 28.538088, 28.61705, 28.594338, 28.570094 ] }, { "date": "2023-11-24", "close": 28.37402, "volume": 26260, "typical_volume": 36966.0, "trend": 28.567433, "fair_value": 29.370375, "relative_strength": -8.770198, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.496109, "energy": 12.465009, "activity_lines": [ 28.454445, 28.567041, 28.578407, 28.554898 ] }, { "date": "2023-12-01", "close": 28.615297, "volume": 25250, "typical_volume": 36865.0, "trend": 28.541261, "fair_value": 29.358277, "relative_strength": -8.474943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.481102, "energy": 7.717423, "activity_lines": [ 28.473748, 28.563531, 28.586279, 28.557986 ] }, { "date": "2023-12-08", "close": 27.698446, "volume": 164630, "typical_volume": 43430.0, "trend": 28.497172, "fair_value": 29.340303, "relative_strength": -10.769728, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.698784, "energy": 39.542731, "activity_lines": [ 28.200301, 28.393322, 28.503118, 28.503611 ] }, { "date": "2023-12-15", "close": 27.98798, "volume": 55550, "typical_volume": 44844.0, "trend": 28.481703, "fair_value": 29.324184, "relative_strength": -10.929405, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.004089, "energy": 49.03184, "activity_lines": [ 28.09414, 28.295935, 28.450217, 28.47076 ] }, { "date": "2023-12-22", "close": 27.7467, "volume": 12120, "typical_volume": 44591.5, "trend": 28.458191, "fair_value": 29.302668, "relative_strength": -10.932667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.441975, "energy": 57.60325, "activity_lines": [ 27.959025, 28.17398, 28.376547, 28.42334 ] }, { "date": "2023-12-29", "close": 27.505426, "volume": 19190, "typical_volume": 39087.0, "trend": 28.431378, "fair_value": 29.276938, "relative_strength": -12.898947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.699396, "energy": 65.938637, "activity_lines": [ 27.766004, 28.019563, 28.283484, 28.361872 ] }, { "date": "2024-01-05", "close": 27.7467, "volume": 12120, "typical_volume": 38228.5, "trend": 28.407866, "fair_value": 29.257199, "relative_strength": -9.600696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.083864, "energy": 58.509488, "activity_lines": [ 27.711314, 27.930949, 28.219373, 28.317699 ] }, { "date": "2024-01-12", "close": 27.939724, "volume": 15150, "typical_volume": 37218.5, "trend": 28.381304, "fair_value": 29.243142, "relative_strength": -8.506876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.959747, "energy": 50.281342, "activity_lines": [ 27.778872, 27.896732, 28.177092, 28.287496 ] }, { "date": "2024-01-19", "close": 27.45717, "volume": 14140, "typical_volume": 35703.5, "trend": 28.348141, "fair_value": 29.229546, "relative_strength": -10.602532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.226026, "energy": 56.18455, "activity_lines": [ 27.669493, 27.789693, 28.09368, 28.227875 ] }, { "date": "2024-01-26", "close": 27.650192, "volume": 34340, "typical_volume": 34643.0, "trend": 28.318251, "fair_value": 29.218372, "relative_strength": -11.161063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.1951, "energy": 41.849115, "activity_lines": [ 27.659843, 27.741438, 28.033016, 28.182846 ] }, { "date": "2024-02-02", "close": 29.628651, "volume": 447430, "typical_volume": 56509.5, "trend": 28.354309, "fair_value": 29.21277, "relative_strength": -4.924119, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.39454, "energy": 9.588675, "activity_lines": [ 28.316112, 28.060799, 28.163305, 28.267388 ] }, { "date": "2024-02-09", "close": 29.387377, "volume": 72720, "typical_volume": 59640.5, "trend": 28.406035, "fair_value": 29.204141, "relative_strength": -5.668503, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.919714, "energy": 29.979454, "activity_lines": [ 28.750409, 28.31348, 28.26533, 28.334037 ] }, { "date": "2024-02-16", "close": 32.041412, "volume": 395920, "typical_volume": 78982.0, "trend": 28.532002, "fair_value": 29.219042, "relative_strength": 0.168799, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.612741, "energy": 83.30807, "activity_lines": [ 29.960005, 29.034676, 28.616444, 28.568578 ] }, { "date": "2024-02-23", "close": 38.169811, "volume": 6009500, "typical_volume": 373952.5, "trend": 28.855927, "fair_value": 29.268192, "relative_strength": 17.319033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.463593, "energy": 96.779142, "activity_lines": [ 32.938955, 30.791163, 29.535819, 29.190372 ] }, { "date": "2024-03-01", "close": 42.754047, "volume": 10666610, "typical_volume": 906424.5, "trend": 29.33108, "fair_value": 29.340803, "relative_strength": 30.574718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.407418, "energy": 98.431781, "activity_lines": [ 36.731808, 33.196023, 30.848358, 30.087024 ] }, { "date": "2024-03-08", "close": 36.480881, "volume": 4621760, "typical_volume": 1135997.5, "trend": 29.58844, "fair_value": 29.358092, "relative_strength": 6.673705, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.998833, "energy": 88.108178, "activity_lines": [ 37.426682, 34.187446, 31.494977, 30.548302 ] }, { "date": "2024-03-15", "close": 34.357658, "volume": 1430160, "typical_volume": 1205485.5, "trend": 29.784678, "fair_value": 29.366807, "relative_strength": 1.156332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.847954, "energy": 77.270436, "activity_lines": [ 36.956999, 34.629639, 31.902388, 30.855993 ] }, { "date": "2024-03-22", "close": 37.156456, "volume": 1388750, "typical_volume": 1273509.0, "trend": 30.058124, "fair_value": 29.381612, "relative_strength": 6.470815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.800178, "energy": 58.252434, "activity_lines": [ 37.088897, 35.460505, 32.549927, 31.331592 ] }, { "date": "2024-03-29", "close": 35.564037, "volume": 438340, "typical_volume": 1293709.0, "trend": 30.297791, "fair_value": 29.385025, "relative_strength": 1.69008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.760435, "energy": 43.160393, "activity_lines": [ 36.348986, 35.834264, 33.005823, 31.686812 ] }, { "date": "2024-04-05", "close": 35.515781, "volume": 254520, "typical_volume": 1305223.0, "trend": 30.542284, "fair_value": 29.391684, "relative_strength": 1.458003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.30917, "energy": 32.144956, "activity_lines": [ 35.766708, 36.051851, 33.424724, 32.023457 ] }, { "date": "2024-04-12", "close": 36.673901, "volume": 858500, "typical_volume": 1346835.0, "trend": 30.814121, "fair_value": 29.403396, "relative_strength": 2.852998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.294252, "energy": 33.144497, "activity_lines": [ 36.053021, 36.336995, 33.918534, 32.419045 ] }, { "date": "2024-04-19", "close": 41.837204, "volume": 4706600, "typical_volume": 1580902.5, "trend": 31.254851, "fair_value": 29.448799, "relative_strength": 24.216842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.028169, "energy": 46.497015, "activity_lines": [ 38.047566, 37.432825, 34.864565, 33.130212 ] }, { "date": "2024-04-26", "close": 37.156456, "volume": 7316440, "typical_volume": 1938493.0, "trend": 31.533122, "fair_value": 29.484047, "relative_strength": 7.132451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.38372, "energy": 36.81676, "activity_lines": [ 37.983227, 37.45125, 35.301849, 33.51096 ] }, { "date": "2024-05-03", "close": 36.287857, "volume": 698920, "typical_volume": 1970661.5, "trend": 31.774398, "fair_value": 29.517874, "relative_strength": 3.659969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.642803, "energy": 34.372592, "activity_lines": [ 37.629354, 37.218747, 35.611371, 33.817717 ] }, { "date": "2024-05-10", "close": 34.502419, "volume": 553480, "typical_volume": 1997729.5, "trend": 31.978678, "fair_value": 29.545292, "relative_strength": -3.018714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.459028, "energy": 24.096793, "activity_lines": [ 36.63208, 36.695836, 35.711327, 33.993719 ] }, { "date": "2024-05-17", "close": 34.984978, "volume": 287850, "typical_volume": 2011162.5, "trend": 32.187784, "fair_value": 29.572249, "relative_strength": -4.083119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.704682, "energy": 17.008108, "activity_lines": [ 35.863217, 36.410693, 35.825072, 34.187674 ] }, { "date": "2024-05-24", "close": 32.91, "volume": 453490, "typical_volume": 2033231.0, "trend": 32.324506, "fair_value": 29.598939, "relative_strength": -10.858314, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.895166, "energy": 15.513201, "activity_lines": [ 34.515289, 35.77548, 35.705583, 34.234268 ] }, { "date": "2024-05-31", "close": 33.392551, "volume": 346430, "typical_volume": 2049795.0, "trend": 32.478923, "fair_value": 29.619835, "relative_strength": -7.758823, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.436529, "energy": 14.701379, "activity_lines": [ 33.923359, 35.254324, 35.607464, 34.303174 ] }, { "date": "2024-06-07", "close": 33.103024, "volume": 288860, "typical_volume": 2063531.0, "trend": 32.623688, "fair_value": 29.637691, "relative_strength": -11.250495, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.864634, "energy": 16.999593, "activity_lines": [ 33.485847, 34.748961, 35.455805, 34.343439 ] }, { "date": "2024-06-14", "close": 33.199535, "volume": 126250, "typical_volume": 2068126.5, "trend": 32.79419, "fair_value": 29.65735, "relative_strength": -13.365589, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.320696, "energy": 24.042673, "activity_lines": [ 33.292827, 34.305892, 35.286453, 34.38059 ] }, { "date": "2024-06-21", "close": 32.475708, "volume": 388850, "typical_volume": 2065197.5, "trend": 32.930913, "fair_value": 29.677701, "relative_strength": -17.743828, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.177099, "energy": 29.921832, "activity_lines": [ 32.94539, 33.773331, 35.021739, 34.360043 ] }, { "date": "2024-06-28", "close": 32.379196, "volume": 272700, "typical_volume": 2075196.5, "trend": 33.056376, "fair_value": 29.69773, "relative_strength": -16.935737, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.653713, "energy": 34.620225, "activity_lines": [ 32.733068, 33.299553, 34.734276, 34.324449 ] }, { "date": "2024-07-05", "close": 33.344296, "volume": 238360, "typical_volume": 2067318.5, "trend": 33.244571, "fair_value": 29.723354, "relative_strength": -16.080175, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.01836, "energy": 19.33404, "activity_lines": [ 32.877832, 33.173212, 34.524481, 34.343024 ] }, { "date": "2024-07-12", "close": 33.199535, "volume": 397940, "typical_volume": 1786740.5, "trend": 33.418289, "fair_value": 29.749234, "relative_strength": -17.49418, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.841859, "energy": 19.530205, "activity_lines": [ 32.97756, 33.089863, 34.294695, 34.340118 ] }, { "date": "2024-07-19", "close": 36.91518, "volume": 789820, "typical_volume": 1292901.0, "trend": 33.723905, "fair_value": 29.796266, "relative_strength": -4.007813, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.424593, "energy": 17.095339, "activity_lines": [ 34.309402, 33.738236, 34.442448, 34.565724 ] }, { "date": "2024-07-26", "close": 33.103024, "volume": 5167160, "typical_volume": 1320171.0, "trend": 33.910492, "fair_value": 29.812344, "relative_strength": -10.850205, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.685798, "energy": 11.213733, "activity_lines": [ 34.122816, 33.649623, 34.254942, 34.525667 ] }, { "date": "2024-08-02", "close": 31.944901, "volume": 466620, "typical_volume": 1271994.0, "trend": 34.050432, "fair_value": 29.822183, "relative_strength": -11.838443, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.600868, "energy": 12.580244, "activity_lines": [ 33.508367, 33.384658, 33.973224, 34.398855 ] }, { "date": "2024-08-09", "close": 29.725163, "volume": 297950, "typical_volume": 1217454.0, "trend": 34.109947, "fair_value": 29.818385, "relative_strength": -16.98676, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.364507, "energy": 40.318956, "activity_lines": [ 32.182959, 32.733652, 33.491592, 34.119806 ] }, { "date": "2024-08-16", "close": 33.392551, "volume": 270680, "typical_volume": 1209071.0, "trend": 34.307793, "fair_value": 29.838689, "relative_strength": -10.165551, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.384758, "energy": 47.504439, "activity_lines": [ 32.321289, 32.816124, 33.394622, 34.073522 ] }, { "date": "2024-08-23", "close": 33.296043, "volume": 1861430, "typical_volume": 1289416.5, "trend": 34.495988, "fair_value": 29.859559, "relative_strength": -9.385769, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.989897, "energy": 42.206007, "activity_lines": [ 32.414582, 32.875785, 33.298801, 34.008248 ] }, { "date": "2024-08-30", "close": 33.827484, "volume": 191320, "typical_volume": 1256057.5, "trend": 34.635949, "fair_value": 29.887687, "relative_strength": -8.196839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.767501, "energy": 25.324871, "activity_lines": [ 32.926298, 33.030317, 33.264164, 33.965118 ] }, { "date": "2024-09-06", "close": 34.613029, "volume": 183000, "typical_volume": 1029877.5, "trend": 34.810137, "fair_value": 29.922924, "relative_strength": -2.318105, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.553538, "energy": 14.276822, "activity_lines": [ 33.651565, 33.303097, 33.317894, 33.96364 ] }, { "date": "2024-09-13", "close": 34.662125, "volume": 117000, "typical_volume": 669905.5, "trend": 34.897494, "fair_value": 29.955514, "relative_strength": -3.534403, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.548831, "energy": 11.963987, "activity_lines": [ 34.215322, 33.544189, 33.410702, 33.954091 ] }, { "date": "2024-09-20", "close": 34.514839, "volume": 612000, "typical_volume": 665559.5, "trend": 34.775662, "fair_value": 29.987752, "relative_strength": -5.464516, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.402506, "energy": 12.623834, "activity_lines": [ 34.400853, 33.734541, 33.50136, 33.929403 ] }, { "date": "2024-09-27", "close": 34.367546, "volume": 90000, "typical_volume": 642385.5, "trend": 34.496112, "fair_value": 30.02023, "relative_strength": -8.330376, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.32617, "energy": 12.033524, "activity_lines": [ 34.462467, 33.874197, 33.586433, 33.903073 ] }, { "date": "2024-10-04", "close": 34.269356, "volume": 56000, "typical_volume": 630793.0, "trend": 34.422394, "fair_value": 30.046747, "relative_strength": -6.217188, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.022775, "energy": 10.890286, "activity_lines": [ 34.419917, 34.042322, 33.662797, 33.888444 ] }, { "date": "2024-10-11", "close": 33.532906, "volume": 114000, "typical_volume": 613818.5, "trend": 34.394903, "fair_value": 30.073901, "relative_strength": -10.394323, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.792414, "energy": 7.54741, "activity_lines": [ 34.102426, 34.055341, 33.67243, 33.831057 ] }, { "date": "2024-10-18", "close": 33.582005, "volume": 78000, "typical_volume": 600397.0, "trend": 34.275754, "fair_value": 30.097463, "relative_strength": -12.173386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.623389, "energy": 11.027339, "activity_lines": [ 33.87331, 34.048413, 33.683774, 33.778612 ] }, { "date": "2024-10-25", "close": 32.501877, "volume": 226000, "typical_volume": 597254.0, "trend": 34.173682, "fair_value": 30.115304, "relative_strength": -14.093566, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.388256, "energy": 20.912522, "activity_lines": [ 33.356159, 33.774975, 33.591346, 33.664169 ] }, { "date": "2024-11-01", "close": 32.452782, "volume": 134000, "typical_volume": 597641.5, "trend": 34.071582, "fair_value": 30.136135, "relative_strength": -11.750532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.098269, "energy": 26.445831, "activity_lines": [ 32.95684, 33.508804, 33.497104, 33.553143 ] }, { "date": "2024-11-08", "close": 32.305496, "volume": 100000, "typical_volume": 583199.0, "trend": 33.925969, "fair_value": 30.156022, "relative_strength": -14.678957, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.149176, "energy": 44.101262, "activity_lines": [ 32.636077, 33.231186, 33.392392, 33.439202 ] }, { "date": "2024-11-15", "close": 32.109108, "volume": 58000, "typical_volume": 572464.0, "trend": 33.601699, "fair_value": 30.17495, "relative_strength": -11.941257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.618942, "energy": 53.998929, "activity_lines": [ 32.380775, 32.945534, 33.269786, 33.321985 ] }, { "date": "2024-11-22", "close": 32.207298, "volume": 130609, "typical_volume": 567076.45, "trend": 33.436727, "fair_value": 30.197513, "relative_strength": -12.046909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.472651, "energy": 51.307648, "activity_lines": [ 32.253123, 32.72326, 33.157818, 33.232024 ] }, { "date": "2024-11-29", "close": 31.519949, "volume": 43000, "typical_volume": 549329.45, "trend": 33.277797, "fair_value": 30.213566, "relative_strength": -11.201968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.761575, "energy": 55.153173, "activity_lines": [ 31.988002, 32.420647, 32.985803, 33.10836 ] }, { "date": "2024-12-06", "close": 30.930794, "volume": 158000, "typical_volume": 517738.45, "trend": 33.158743, "fair_value": 30.227345, "relative_strength": -16.095852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.306249, "energy": 59.53202, "activity_lines": [ 31.591958, 32.065367, 32.765675, 32.956941 ] }, { "date": "2024-12-13", "close": 31.22537, "volume": 63000, "typical_volume": 262530.45, "trend": 33.033422, "fair_value": 30.245716, "relative_strength": -14.425804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.408235, "energy": 57.301262, "activity_lines": [ 31.395572, 31.826133, 32.602099, 32.832207 ] }, { "date": "2024-12-20", "close": 31.519949, "volume": 68000, "typical_volume": 242599.45, "trend": 32.987087, "fair_value": 30.265676, "relative_strength": -11.470878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.663616, "energy": 55.637026, "activity_lines": [ 31.369387, 31.695804, 32.47552, 32.734564 ] }, { "date": "2024-12-27", "close": 30.930794, "volume": 50000, "typical_volume": 230201.95, "trend": 32.905029, "fair_value": 30.275248, "relative_strength": -15.772493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.189567, "energy": 56.634482, "activity_lines": [ 31.186094, 31.494955, 32.294855, 32.6019 ] }, { "date": "2025-01-03", "close": 31.22537, "volume": 27000, "typical_volume": 218017.95, "trend": 32.84244, "fair_value": 30.284906, "relative_strength": -13.373652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.839256, "energy": 43.145263, "activity_lines": [ 31.186094, 31.39587, 32.136503, 32.493535 ] }, { "date": "2025-01-10", "close": 30.930794, "volume": 36000, "typical_volume": 126746.45, "trend": 32.766816, "fair_value": 30.294177, "relative_strength": -14.313905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.445446, "energy": 39.120782, "activity_lines": [ 31.10754, 31.266434, 31.960416, 32.370203 ] }, { "date": "2025-01-17", "close": 31.078081, "volume": 30000, "typical_volume": 118680.45, "trend": 32.720228, "fair_value": 30.304694, "relative_strength": -14.191301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.523229, "energy": 36.624393, "activity_lines": [ 31.078082, 31.19145, 31.809619, 32.261252 ] }, { "date": "2025-01-24", "close": 31.618145, "volume": 28000, "typical_volume": 110930.45, "trend": 32.69486, "fair_value": 30.322278, "relative_strength": -13.896601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.528613, "energy": 27.681971, "activity_lines": [ 31.238464, 31.236976, 31.72335, 32.19015 ] }, { "date": "2025-02-07", "close": 30.734406, "volume": 198000, "typical_volume": 114980.45, "trend": 32.607863, "fair_value": 30.332995, "relative_strength": -15.791235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.145488, "energy": 34.080119, "activity_lines": [ 31.097721, 31.130749, 31.567176, 32.063669 ] }, { "date": "2025-02-14", "close": 30.194345, "volume": 88147, "typical_volume": 88787.8, "trend": 32.50769, "fair_value": 30.334841, "relative_strength": -15.774057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.016306, "energy": 38.143514, "activity_lines": [ 30.790049, 30.953109, 31.378272, 31.907958 ] }, { "date": "2025-02-21", "close": 29.948862, "volume": 83004, "typical_volume": 88438.0, "trend": 32.27548, "fair_value": 30.338119, "relative_strength": -18.024109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.48026, "energy": 47.101698, "activity_lines": [ 30.469285, 30.754938, 31.186562, 31.742872 ] }, { "date": "2025-02-28", "close": 29.801573, "volume": 56682, "typical_volume": 88472.1, "trend": 32.165431, "fair_value": 30.343458, "relative_strength": -15.260907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.246627, "energy": 68.258575, "activity_lines": [ 30.164887, 30.54784, 31.001865, 31.583265 ] }, { "date": "2025-03-07", "close": 29.654284, "volume": 58171, "typical_volume": 85680.65, "trend": 32.089077, "fair_value": 30.347251, "relative_strength": -12.860457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.121405, "energy": 74.453871, "activity_lines": [ 29.896493, 30.339849, 30.824417, 31.421256 ] }, { "date": "2025-03-14", "close": 29.065126, "volume": 47001, "typical_volume": 84130.7, "trend": 32.067076, "fair_value": 30.346066, "relative_strength": -11.640777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.826356, "energy": 81.395805, "activity_lines": [ 29.562637, 30.05866, 30.609327, 31.226162 ] }, { "date": "2025-03-21", "close": 28.966932, "volume": 33479, "typical_volume": 74504.65, "trend": 31.919556, "fair_value": 30.351162, "relative_strength": -12.398561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.682745, "energy": 83.057657, "activity_lines": [ 29.307335, 29.793539, 30.406395, 31.026153 ] }, { "date": "2025-03-28", "close": 28.721451, "volume": 54059, "typical_volume": 70507.6, "trend": 31.767069, "fair_value": 30.353182, "relative_strength": -10.114553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.426014, "energy": 84.654457, "activity_lines": [ 29.052033, 29.524847, 30.196917, 30.819824 ] }, { "date": "2025-04-04", "close": 28.819643, "volume": 37510, "typical_volume": 67383.1, "trend": 31.600141, "fair_value": 30.356433, "relative_strength": -8.039698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.303071, "energy": 81.085645, "activity_lines": [ 28.91129, 29.314179, 30.014558, 30.629667 ] }, { "date": "2025-04-11", "close": 23.173548, "volume": 226300, "typical_volume": 75798.1, "trend": 31.218825, "fair_value": 30.336111, "relative_strength": -18.761647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.076741, "energy": 95.299246, "activity_lines": [ 26.953977, 28.11801, 29.311076, 30.086016 ] }, { "date": "2025-04-18", "close": 25.431986, "volume": 31021, "typical_volume": 70818.7, "trend": 30.911154, "fair_value": 30.320951, "relative_strength": -9.685826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.80921, "energy": 88.633974, "activity_lines": [ 26.181526, 27.486004, 28.865233, 29.712672 ] }, { "date": "2025-04-25", "close": 28.132292, "volume": 31241, "typical_volume": 70230.75, "trend": 30.698402, "fair_value": 30.313786, "relative_strength": -1.5501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.200112, "energy": 60.990877, "activity_lines": [ 26.551386, 27.441371, 28.708826, 29.53339 ] }, { "date": "2025-05-02", "close": 27.641327, "volume": 40001, "typical_volume": 64330.8, "trend": 30.474195, "fair_value": 30.304676, "relative_strength": -6.881775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.484241, "energy": 55.4327, "activity_lines": [ 26.813233, 27.344963, 28.521791, 29.336159 ] }, { "date": "2025-05-09", "close": 26.463011, "volume": 31290, "typical_volume": 62745.3, "trend": 30.213983, "fair_value": 30.289515, "relative_strength": -10.769863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.137741, "energy": 46.053923, "activity_lines": [ 26.754317, 27.076271, 28.238201, 29.077373 ] }, { "date": "2025-05-16", "close": 25.677467, "volume": 56000, "typical_volume": 62145.3, "trend": 29.952136, "fair_value": 30.269318, "relative_strength": -16.544259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.16315, "energy": 42.783271, "activity_lines": [ 26.590662, 26.725455, 27.902474, 28.784695 ] }, { "date": "2025-05-23", "close": 24.646442, "volume": 34062, "typical_volume": 61348.4, "trend": 29.654283, "fair_value": 30.244015, "relative_strength": -18.623214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.601773, "energy": 51.803504, "activity_lines": [ 25.916404, 26.259484, 27.496376, 28.442392 ] }, { "date": "2025-05-30", "close": 24.548248, "volume": 72050, "typical_volume": 63600.9, "trend": 29.389162, "fair_value": 30.217481, "relative_strength": -17.362307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.333333, "energy": 54.887777, "activity_lines": [ 25.261784, 25.856, 27.110852, 28.11297 ] }, { "date": "2025-06-06", "close": 24.400959, "volume": 17010, "typical_volume": 62651.4, "trend": 29.120768, "fair_value": 30.192707, "relative_strength": -18.539272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.633134, "energy": 64.381676, "activity_lines": [ 24.797004, 25.506076, 26.743095, 27.791151 ] }, { "date": "2025-06-13", "close": 23.664513, "volume": 24040, "typical_volume": 62353.4, "trend": 28.832736, "fair_value": 30.166518, "relative_strength": -21.993655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.223363, "energy": 72.532937, "activity_lines": [ 24.302766, 25.100807, 26.336296, 27.439134 ] }, { "date": "2025-06-20", "close": 23.811802, "volume": 27001, "typical_volume": 62303.45, "trend": 28.556159, "fair_value": 30.140973, "relative_strength": -20.974365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.335522, "energy": 61.147699, "activity_lines": [ 24.044192, 24.816048, 25.978827, 27.115203 ] }, { "date": "2025-06-27", "close": 23.713608, "volume": 18003, "typical_volume": 53303.6, "trend": 28.273036, "fair_value": 30.113596, "relative_strength": -22.786284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.957027, "energy": 52.373594, "activity_lines": [ 23.877264, 24.50183, 25.649179, 26.802781 ] }, { "date": "2025-07-04", "close": 25.137407, "volume": 42030, "typical_volume": 50997.75, "trend": 28.060284, "fair_value": 30.099853, "relative_strength": -17.693398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.686411, "energy": 43.614473, "activity_lines": [ 24.247124, 24.477728, 25.488563, 26.600482 ] }, { "date": "2025-07-11", "close": 25.235601, "volume": 24064, "typical_volume": 48050.75, "trend": 27.870445, "fair_value": 30.078326, "relative_strength": -17.753418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.820015, "energy": 36.492698, "activity_lines": [ 24.610438, 24.525932, 25.36138, 26.418244 ] }, { "date": "2025-07-18", "close": 25.48398, "volume": 20330, "typical_volume": 46233.15, "trend": 27.679065, "fair_value": 30.0635, "relative_strength": -18.843943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.853918, "energy": 27.286008, "activity_lines": [ 25.000903, 24.663037, 25.280296, 26.264279 ] }, { "date": "2025-07-25", "close": 25.931068, "volume": 14001, "typical_volume": 44024.65, "trend": 27.492769, "fair_value": 30.049436, "relative_strength": -16.752655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.018559, "energy": 25.108796, "activity_lines": [ 25.419099, 24.899231, 25.262352, 26.151505 ] }, { "date": "2025-08-01", "close": 24.043368, "volume": 33010, "typical_volume": 43325.1, "trend": 27.263188, "fair_value": 30.02267, "relative_strength": -22.517412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.281126, "energy": 25.06625, "activity_lines": [ 25.066777, 24.787595, 25.082357, 25.928963 ] }, { "date": "2025-08-08", "close": 25.48398, "volume": 69000, "typical_volume": 45101.15, "trend": 27.071808, "fair_value": 30.003637, "relative_strength": -19.395001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.002603, "energy": 17.718359, "activity_lines": [ 25.172676, 24.948854, 25.063476, 25.814175 ] }, { "date": "2025-08-15", "close": 24.639482, "volume": 25032, "typical_volume": 43649.8, "trend": 26.862098, "fair_value": 29.979491, "relative_strength": -22.648779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.257494, "energy": 22.663019, "activity_lines": [ 24.97397, 24.939555, 24.980751, 25.657251 ] }, { "date": "2025-08-22", "close": 25.036894, "volume": 53057, "typical_volume": 44427.15, "trend": 26.660725, "fair_value": 29.959395, "relative_strength": -18.99159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.129706, "energy": 22.738088, "activity_lines": [ 24.947476, 24.998175, 24.955314, 25.539496 ] }, { "date": "2025-08-29", "close": 25.185923, "volume": 130001, "typical_volume": 39612.2, "trend": 26.446318, "fair_value": 29.940554, "relative_strength": -19.533993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.663433, "energy": 16.203024, "activity_lines": [ 25.000464, 25.05894, 24.962083, 25.444347 ] }, { "date": "2025-09-05", "close": 22.801458, "volume": 380030, "typical_volume": 57062.65, "trend": 26.181886, "fair_value": 29.906429, "relative_strength": -27.292962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.809178, "energy": 37.391463, "activity_lines": [ 24.308307, 24.661181, 24.732177, 25.209195 ] }, { "date": "2025-09-12", "close": 22.950487, "volume": 76175, "typical_volume": 59309.35, "trend": 25.940424, "fair_value": 29.872658, "relative_strength": -28.870539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.476789, "energy": 51.145598, "activity_lines": [ 23.74862, 24.307103, 24.528991, 25.000718 ] }, { "date": "2025-09-19", "close": 23.049839, "volume": 33001, "typical_volume": 58959.35, "trend": 25.710457, "fair_value": 29.831037, "relative_strength": -28.097066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.873916, "energy": 61.722412, "activity_lines": [ 23.39095, 24.010851, 24.359942, 24.814228 ] }, { "date": "2025-09-26", "close": 22.851133, "volume": 36150, "typical_volume": 59202.35, "trend": 25.478775, "fair_value": 29.786014, "relative_strength": -27.988369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.202758, "energy": 67.280585, "activity_lines": [ 23.073021, 23.718212, 24.193833, 24.629756 ] }, { "date": "2025-10-03", "close": 22.851133, "volume": 86216, "typical_volume": 60713.15, "trend": 25.252004, "fair_value": 29.740992, "relative_strength": -30.462843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.692849, "energy": 60.083549, "activity_lines": [ 22.90081, 23.473443, 24.044924, 24.460231 ] }, { "date": "2025-10-10", "close": 22.950487, "volume": 36000, "typical_volume": 60810.05, "trend": 25.048182, "fair_value": 29.698734, "relative_strength": -30.789735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.287635, "energy": 45.299384, "activity_lines": [ 22.917369, 23.302737, 23.918935, 24.311746 ] }, { "date": "2025-10-17", "close": 22.900808, "volume": 54000, "typical_volume": 59907.55, "trend": 24.845978, "fair_value": 29.653421, "relative_strength": -30.249982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.206585, "energy": 38.150205, "activity_lines": [ 22.907433, 23.142869, 23.796292, 24.173205 ] }, { "date": "2025-10-24", "close": 22.900808, "volume": 19864, "typical_volume": 60050.25, "trend": 24.651957, "fair_value": 29.607501, "relative_strength": -30.164536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.216211, "energy": 35.723738, "activity_lines": [ 22.900809, 23.029968, 23.681493, 24.047711 ] }, { "date": "2025-10-31", "close": 22.503399, "volume": 35001, "typical_volume": 60598.3, "trend": 24.441415, "fair_value": 29.568761, "relative_strength": -32.431378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.059212, "energy": 37.574378, "activity_lines": [ 22.771651, 22.876423, 23.535989, 23.909094 ] }, { "date": "2025-11-07", "close": 22.602751, "volume": 38010, "typical_volume": 61148.75, "trend": 24.422389, "fair_value": 29.528226, "relative_strength": -30.011967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.675593, "energy": 37.511559, "activity_lines": [ 22.698792, 22.787005, 23.405476, 23.79047 ] }, { "date": "2025-11-14", "close": 25.533659, "volume": 370243, "typical_volume": 78760.75, "trend": 24.425778, "fair_value": 29.508302, "relative_strength": -19.622081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.166591, "energy": 9.204017, "activity_lines": [ 23.619461, 23.277447, 23.559855, 23.862165 ] }, { "date": "2025-11-21", "close": 24.043367, "volume": 75001, "typical_volume": 80409.3, "trend": 24.28948, "fair_value": 29.477001, "relative_strength": -20.898466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.260822, "energy": 17.220022, "activity_lines": [ 23.871155, 23.44725, 23.563635, 23.837494 ] }, { "date": "2025-11-28", "close": 23.844662, "volume": 106051, "typical_volume": 84508.65, "trend": 24.162925, "fair_value": 29.443211, "relative_strength": -24.247651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.030816, "energy": 18.011482, "activity_lines": [ 23.980444, 23.561054, 23.553699, 23.808796 ] }, { "date": "2025-12-05", "close": 23.794985, "volume": 45133, "typical_volume": 85748.8, "trend": 24.073991, "fair_value": 29.40971, "relative_strength": -24.643803, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.3764, "energy": 21.06141, "activity_lines": [ 24.01025, 23.651375, 23.545657, 23.785058 ] }, { "date": "2025-12-12", "close": 23.248545, "volume": 71000, "typical_volume": 88598.75, "trend": 23.993027, "fair_value": 29.369667, "relative_strength": -26.301835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.924783, "energy": 11.621783, "activity_lines": [ 23.771803, 23.625182, 23.493615, 23.731803 ] }, { "date": "2025-12-19", "close": 23.347897, "volume": 102000, "typical_volume": 92048.25, "trend": 23.949742, "fair_value": 29.332084, "relative_strength": -23.975299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.057952, "energy": 15.551402, "activity_lines": [ 23.523421, 23.609827, 23.463809, 23.690182 ] }, { "date": "2025-12-26", "close": 23.44725, "volume": 46100, "typical_volume": 90903.25, "trend": 23.913042, "fair_value": 29.29909, "relative_strength": -25.198905, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.038838, "energy": 17.386359, "activity_lines": [ 23.453874, 23.605311, 23.446777, 23.657763 ] }, { "date": "2026-01-02", "close": 23.298222, "volume": 18000, "typical_volume": 90551.65, "trend": 23.876284, "fair_value": 29.264229, "relative_strength": -27.000231, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.158566, "energy": 22.281459, "activity_lines": [ 23.374392, 23.563764, 23.425251, 23.618097 ] }, { "date": "2026-01-09", "close": 23.049839, "volume": 101068, "typical_volume": 92952.2, "trend": 23.855795, "fair_value": 29.225344, "relative_strength": -29.264666, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.316465, "energy": 26.78819, "activity_lines": [ 23.248545, 23.469831, 23.386456, 23.564778 ] }, { "date": "2026-01-16", "close": 31.693527, "volume": 2172851, "typical_volume": 195094.7, "trend": 24.118519, "fair_value": 29.241867, "relative_strength": -5.641204, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.404453, "energy": 64.700267, "activity_lines": [ 26.053604, 24.937541, 24.180331, 24.070438 ] }, { "date": "2026-01-23", "close": 28.017477, "volume": 1378380, "typical_volume": 245012.2, "trend": 24.261981, "fair_value": 29.240905, "relative_strength": -17.33569, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.414274, "energy": 74.621101, "activity_lines": [ 27.070314, 25.571593, 24.593118, 24.321984 ] }, { "date": "2026-01-30", "close": 27.868446, "volume": 1244779, "typical_volume": 303442.4, "trend": 24.353016, "fair_value": 29.23534, "relative_strength": -17.325662, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.494625, "energy": 73.682805, "activity_lines": [ 27.726041, 26.133387, 24.966874, 24.554659 ] }, { "date": "2026-02-06", "close": 27.322006, "volume": 235050, "typical_volume": 313544.85, "trend": 24.422563, "fair_value": 29.22536, "relative_strength": -17.552767, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.21374, "energy": 73.06324, "activity_lines": [ 27.904876, 26.526282, 25.265169, 24.746207 ] }, { "date": "2026-02-13", "close": 27.123301, "volume": 178080, "typical_volume": 320641.35, "trend": 24.477207, "fair_value": 29.216234, "relative_strength": -21.875642, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.592873, "energy": 50.613212, "activity_lines": [ 27.749223, 26.819824, 25.524195, 24.920448 ] }, { "date": "2026-02-27", "close": 28.017477, "volume": 104055, "typical_volume": 321533.3, "trend": 24.546754, "fair_value": 29.212233, "relative_strength": -22.744591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.500759, "energy": 43.81325, "activity_lines": [ 27.620065, 27.215428, 25.848038, 25.148853 ] }, { "date": "2026-03-06", "close": 27.322006, "volume": 129000, "typical_volume": 326183.3, "trend": 24.656042, "fair_value": 29.203773, "relative_strength": -19.87113, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.2847, "energy": 35.422631, "activity_lines": [ 27.504153, 27.397876, 26.081044, 25.327901 ] }, { "date": "2026-03-13", "close": 29.011005, "volume": 362679, "typical_volume": 341617.25, "trend": 24.773609, "fair_value": 29.198845, "relative_strength": -13.682426, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.549471, "energy": 39.486312, "activity_lines": [ 27.997606, 27.815158, 26.45409, 25.608867 ] }, { "date": "2026-03-20", "close": 29.011005, "volume": 825467, "typical_volume": 381897.4, "trend": 24.919327, "fair_value": 29.197868, "relative_strength": -13.29258, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.243124, "energy": 39.765376, "activity_lines": [ 28.414888, 28.13128, 26.79804, 25.882247 ] }, { "date": "2026-03-27", "close": 27.42136, "volume": 757140, "typical_volume": 418004.35, "trend": 24.998809, "fair_value": 29.186093, "relative_strength": -16.206959, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.621488, "energy": 33.299878, "activity_lines": [ 28.189688, 28.054508, 26.961499, 26.043668 ] }, { "date": "2026-04-03", "close": 26.626537, "volume": 224080, "typical_volume": 427307.85, "trend": 25.046829, "fair_value": 29.167096, "relative_strength": -16.454005, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.024727, "energy": 24.381073, "activity_lines": [ 27.679677, 27.75374, 27.025841, 26.148683 ] }, { "date": "2026-04-10", "close": 27.322006, "volume": 177160, "typical_volume": 417653.7, "trend": 25.197514, "fair_value": 29.153772, "relative_strength": -20.247215, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.529997, "energy": 18.291018, "activity_lines": [ 27.494218, 27.671548, 27.137258, 26.295469 ] }, { "date": "2026-04-17", "close": 32.538025, "volume": 1962073, "typical_volume": 512007.3, "trend": 25.517099, "fair_value": 29.174189, "relative_strength": -8.046629, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.685704, "energy": 36.851335, "activity_lines": [ 29.047432, 28.550368, 27.736923, 26.76905 ] }, { "date": "2026-04-24", "close": 39.244339, "volume": 9406286, "typical_volume": 977019.05, "trend": 26.056915, "fair_value": 29.236075, "relative_strength": 5.483282, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.394843, "energy": 80.733201, "activity_lines": [ 32.60095, 30.563616, 28.934833, 27.654679 ] }, { "date": "2026-05-01", "close": 35.568283, "volume": 3892321, "typical_volume": 1169378.45, "trend": 26.48082, "fair_value": 29.277436, "relative_strength": -3.407672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.577259, "energy": 81.076312, "activity_lines": [ 34.246893, 31.691721, 29.709311, 28.268315 ] }, { "date": "2026-05-08", "close": 42.026215, "volume": 7850086, "typical_volume": 1558332.75, "trend": 27.11999, "fair_value": 29.35685, "relative_strength": 7.483751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.116567, "energy": 91.56794, "activity_lines": [ 37.502352, 33.84045, 31.042767, 29.271244 ] }, { "date": "2026-05-15", "close": 38.300484, "volume": 3967194, "typical_volume": 1751592.45, "trend": 27.631656, "fair_value": 29.413902, "relative_strength": -0.33494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.332156, "energy": 82.032461, "activity_lines": [ 38.489255, 35.05707, 31.931974, 29.992566 ] }, { "date": "2026-05-22", "close": 40.833981, "volume": 1104201, "typical_volume": 1804497.5, "trend": 28.229429, "fair_value": 29.489625, "relative_strength": 3.952001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.414197, "energy": 77.04139, "activity_lines": [ 39.588759, 36.534716, 32.991264, 30.844329 ] }, { "date": "2026-05-29", "close": 38.896603, "volume": 1740192, "typical_volume": 1890607.1, "trend": 28.762622, "fair_value": 29.556577, "relative_strength": -5.913195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.942682, "energy": 57.320396, "activity_lines": [ 39.489407, 37.445149, 33.783247, 31.532534 ] }, { "date": "2026-06-05", "close": 43.417152, "volume": 2680735, "typical_volume": 2019590.45, "trend": 29.459747, "fair_value": 29.652507, "relative_strength": 4.640342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.944898, "energy": 58.318995, "activity_lines": [ 40.920087, 38.997761, 34.931481, 32.477987 ] }, { "date": "2026-06-12", "close": 66.367645, "volume": 3153469, "typical_volume": 2068621.35, "trend": 30.918577, "fair_value": 29.896468, "relative_strength": 61.947561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.306081, "energy": 84.12618, "activity_lines": [ 49.477673, 44.432358, 38.168489, 34.859142 ] }, { "date": "2026-06-19", "close": 76.402267, "volume": 3508541, "typical_volume": 2175129.4, "trend": 32.614197, "fair_value": 30.203841, "relative_strength": 75.14355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.011106, "energy": 96.851555, "activity_lines": [ 59.757371, 50.968866, 42.196061, 37.793574 ] }, { "date": "2026-06-26", "close": 69.546928, "volume": 1051161, "typical_volume": 2165448.5, "trend": 34.130983, "fair_value": 30.465446, "relative_strength": 64.582105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.011115, "energy": 92.342289, "activity_lines": [ 65.211837, 55.36658, 45.340339, 40.17633 ] }, { "date": "2026-07-03", "close": 88.026535, "volume": 1227445, "typical_volume": 2215068.25, "trend": 36.270378, "fair_value": 30.847333, "relative_strength": 95.185827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.319266, "energy": 96.993873, "activity_lines": [ 74.911975, 62.451334, 50.04611, 43.653463 ] }, { "date": "2026-07-10", "close": 101.0, "volume": 4083405, "typical_volume": 2410334.5, "trend": 38.843879, "fair_value": 31.311776, "relative_strength": 125.981076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.763169, "energy": 97.272916, "activity_lines": [ 85.661274, 71.00795, 55.698381, 47.829567 ] }, { "date": "2026-07-17", "close": 108.0, "volume": 4148203, "typical_volume": 2612541.9, "trend": 41.668927, "fair_value": 31.821091, "relative_strength": 149.904793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.587418, "energy": 88.740789, "activity_lines": [ 94.905049, 79.647627, 61.665525, 52.291253 ] }, { "date": "2026-07-24", "close": 128.0, "volume": 860715, "typical_volume": 2649127.65, "trend": 45.157331, "fair_value": 32.463171, "relative_strength": 179.725224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.583645, "energy": 91.682365, "activity_lines": [ 108.04, 90.724143, 69.156561, 57.860999 ] }, { "date": "2026-07-31", "close": 79.199997, "volume": 2282101, "typical_volume": 2745098.75, "trend": 47.015756, "fair_value": 32.789694, "relative_strength": 72.92174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.238131, "energy": 66.208972, "activity_lines": [ 101.468435, 91.297031, 71.520559, 60.0573 ] }, { "date": "2026-08-07", "close": 83.0, "volume": 1883871, "typical_volume": 2798018.95, "trend": 49.005815, "fair_value": 33.13936, "relative_strength": 74.005789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.021225, "energy": 58.070154, "activity_lines": [ 95.519999, 91.863266, 74.007467, 62.378865 ] }, { "date": "2026-08-14", "close": 85.400002, "volume": 2360632, "typical_volume": 2878193.55, "trend": 51.084154, "fair_value": 33.504107, "relative_strength": 70.401793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.515101, "energy": 42.644234, "activity_lines": [ 90.706667, 92.063984, 76.465856, 64.726877 ] } ], "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." } } }