{ "ticker": { "uuid": "8e85971a-d9ce-4f1f-ae97-77adfa1bae3d", "symbol": "6543", "name": "Perfect Medical Industry 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.849, "architecture_energy": 59.397, "architecture_maturity": 100.0, "architecture_confidence": 96, "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": 6.45, "rotation_up": 28.72, "upward_expansion": 11.05, "deceleration": 59.46, "rotation_down": 54.8, "downward_expansion": 86.72 }, "activity_lines": [ 17.708579, 17.805807, 18.679499, 19.788534 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 17.9, "trend_reference": 21.57602, "distance_from_trend": -0.170375, "trend_direction": "Weakening", "fair_value": 22.452491, "distance_from_fair_value": -0.202761, "fair_value_direction": "Weakening", "relative_strength": -49.361652, "relative_strength_direction": "Weakening", "price_momentum": -0.325685, "excess_performance": -0.767057, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.170375, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.128037, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.202761, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.167331, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.493617, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023378, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.325685, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.200162, "read": "Supply-led" } ], "volume": { "latest": 87965, "relative_activity": 0.412183, "balance": 0.200162, "dry_up": 0.766036, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.057339, "annualized_volatility": 0.206793, "from_high_reference": -0.393983, "from_low_reference": 0.050566 }, "levels": { "trend_reference": 21.57602, "fair_value_reference": 22.452491, "structural_low": 17.038429, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": -0.024517, "positive_rate": 0.291667, "directional_follow_through": 0.666667, "median_excess_return": -0.047897, "regime_survival": 0.875, "best_return": 0.07036, "worst_return": -0.148148, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.059649, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.065038, "regime_survival": 0.625, "best_return": 0.257827, "worst_return": -0.198582, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.048724, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.023922, "regime_survival": 0.6, "best_return": 0.434848, "worst_return": -0.338385, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.111787, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.017905, "regime_survival": 0.333333, "best_return": 0.952188, "worst_return": -0.28799, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-05-24", "tenure": "Developing", "return": 0.017696, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-09-06", "tenure": "Established", "return": 0.119938, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-10-11", "tenure": "Developing", "return": 0.086772, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": -0.013566, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": 0.015625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-04-11", "tenure": "Established", "return": 0.092308, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": -0.03712, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.092308, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": 0.067621, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": -0.009852, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.071778, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.065026, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.05059, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-08-14", "tenure": "Extended", "return": -0.331663, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 15.368685, "volume": 729105, "typical_volume": 92995.2, "trend": 14.695461, "fair_value": 17.305613, "relative_strength": 0.269262, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.75252, "energy": 30.205802, "activity_lines": [ 15.27083, 15.196653, 15.021124, 14.914687 ] }, { "date": "2023-08-18", "close": 16.016237, "volume": 93695, "typical_volume": 91433.7, "trend": 14.774417, "fair_value": 17.264128, "relative_strength": 5.649399, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.512804, "energy": 37.884894, "activity_lines": [ 15.498194, 15.363025, 15.129807, 14.999898 ] }, { "date": "2023-08-25", "close": 15.929898, "volume": 79966, "typical_volume": 92104.1, "trend": 14.850496, "fair_value": 17.221849, "relative_strength": 4.14478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.482908, "energy": 38.090096, "activity_lines": [ 15.662241, 15.490605, 15.222007, 15.074446 ] }, { "date": "2023-09-01", "close": 16.016237, "volume": 33793, "typical_volume": 82770.25, "trend": 14.930861, "fair_value": 17.174097, "relative_strength": 3.551387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.329185, "energy": 56.957024, "activity_lines": [ 15.826288, 15.616202, 15.313774, 15.149655 ] }, { "date": "2023-09-08", "close": 15.455023, "volume": 50778, "typical_volume": 79965.15, "trend": 14.998152, "fair_value": 17.128533, "relative_strength": 0.369565, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.712273, "energy": 49.134465, "activity_lines": [ 15.768728, 15.614361, 15.345238, 15.183472 ] }, { "date": "2023-09-15", "close": 16.016237, "volume": 21452, "typical_volume": 78413.2, "trend": 15.079925, "fair_value": 17.083191, "relative_strength": 1.908209, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.591429, "energy": 45.2121, "activity_lines": [ 15.855068, 15.710121, 15.428789, 15.249154 ] }, { "date": "2023-09-22", "close": 15.498194, "volume": 59034, "typical_volume": 79867.35, "trend": 15.08246, "fair_value": 17.029467, "relative_strength": 2.072741, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.50159, "energy": 29.524364, "activity_lines": [ 15.725557, 15.689713, 15.458563, 15.27614 ] }, { "date": "2023-09-29", "close": 15.541365, "volume": 131109, "typical_volume": 84562.2, "trend": 15.097701, "fair_value": 16.976019, "relative_strength": 2.340042, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.635179, "energy": 19.309217, "activity_lines": [ 15.644973, 15.677154, 15.489068, 15.305746 ] }, { "date": "2023-10-06", "close": 15.541365, "volume": 31854, "typical_volume": 85725.05, "trend": 15.114351, "fair_value": 16.927392, "relative_strength": 1.386601, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.244817, "energy": 18.084311, "activity_lines": [ 15.590291, 15.663811, 15.514579, 15.33437 ] }, { "date": "2023-10-13", "close": 15.498194, "volume": 48540, "typical_volume": 82580.8, "trend": 15.129561, "fair_value": 16.876802, "relative_strength": -0.400076, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.092075, "energy": 15.676568, "activity_lines": [ 15.552877, 15.641833, 15.530985, 15.359134 ] }, { "date": "2023-10-20", "close": 15.196001, "volume": 19656, "typical_volume": 81343.25, "trend": 15.140332, "fair_value": 16.826684, "relative_strength": -0.18617, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.31429, "energy": 12.650206, "activity_lines": [ 15.411853, 15.552353, 15.515633, 15.36342 ] }, { "date": "2023-10-27", "close": 15.109659, "volume": 59641, "typical_volume": 81401.8, "trend": 15.167943, "fair_value": 16.780594, "relative_strength": 1.316034, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.918043, "energy": 9.287723, "activity_lines": [ 15.296732, 15.450314, 15.489311, 15.361441 ] }, { "date": "2023-11-03", "close": 15.670876, "volume": 40831, "typical_volume": 80789.25, "trend": 15.219895, "fair_value": 16.734002, "relative_strength": 2.872047, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.411308, "energy": 11.41858, "activity_lines": [ 15.394585, 15.466797, 15.514708, 15.393889 ] }, { "date": "2023-11-10", "close": 15.670876, "volume": 39430, "typical_volume": 81372.7, "trend": 15.256354, "fair_value": 16.687411, "relative_strength": 1.905717, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.889577, "energy": 10.686448, "activity_lines": [ 15.483804, 15.48799, 15.536707, 15.422984 ] }, { "date": "2023-11-17", "close": 15.670876, "volume": 21369, "typical_volume": 79568.45, "trend": 15.273095, "fair_value": 16.639615, "relative_strength": -1.259764, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.379979, "energy": 16.167093, "activity_lines": [ 15.564389, 15.515462, 15.553699, 15.449728 ] }, { "date": "2023-11-24", "close": 15.368685, "volume": 34050, "typical_volume": 80672.15, "trend": 15.282581, "fair_value": 16.593738, "relative_strength": -3.534195, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.369432, "energy": 14.940872, "activity_lines": [ 15.532731, 15.484066, 15.53972, 15.455895 ] }, { "date": "2023-12-01", "close": 15.800387, "volume": 78272, "typical_volume": 83934.75, "trend": 15.316315, "fair_value": 16.55762, "relative_strength": -1.69409, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.695377, "energy": 23.366962, "activity_lines": [ 15.633462, 15.542935, 15.564183, 15.489302 ] }, { "date": "2023-12-08", "close": 15.929898, "volume": 33427, "typical_volume": 82602.5, "trend": 15.364225, "fair_value": 16.517751, "relative_strength": -0.670092, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.148043, "energy": 33.477979, "activity_lines": [ 15.731315, 15.619856, 15.599542, 15.528888 ] }, { "date": "2023-12-15", "close": 15.973069, "volume": 91409, "typical_volume": 85937.3, "trend": 15.413574, "fair_value": 16.484668, "relative_strength": -2.014203, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.94369, "energy": 37.673417, "activity_lines": [ 15.82629, 15.697563, 15.636956, 15.568168 ] }, { "date": "2023-12-22", "close": 15.714046, "volume": 41806, "typical_volume": 86960.85, "trend": 15.441613, "fair_value": 16.460049, "relative_strength": -3.062859, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.596986, "energy": 35.601623, "activity_lines": [ 15.814777, 15.720326, 15.64744, 15.587553 ] }, { "date": "2023-12-29", "close": 15.929898, "volume": 33088, "typical_volume": 52160.0, "trend": 15.485298, "fair_value": 16.436572, "relative_strength": -3.479712, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.381222, "energy": 35.320751, "activity_lines": [ 15.872338, 15.778409, 15.674165, 15.619055 ] }, { "date": "2024-01-05", "close": 14.807466, "volume": 53370, "typical_volume": 50143.75, "trend": 15.487343, "fair_value": 16.411445, "relative_strength": -7.92403, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.213334, "energy": 6.579179, "activity_lines": [ 15.51834, 15.619071, 15.591319, 15.575324 ] }, { "date": "2024-01-12", "close": 15.541365, "volume": 57629, "typical_volume": 49026.9, "trend": 15.50681, "fair_value": 16.377041, "relative_strength": -3.265396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.150615, "energy": 9.373576, "activity_lines": [ 15.47517, 15.598663, 15.584124, 15.57881 ] }, { "date": "2024-01-19", "close": 16.016237, "volume": 92578, "typical_volume": 51966.15, "trend": 15.553373, "fair_value": 16.343993, "relative_strength": -1.230056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.090409, "energy": 17.307367, "activity_lines": [ 15.616192, 15.666951, 15.624005, 15.611676 ] }, { "date": "2024-01-26", "close": 15.541365, "volume": 24621, "typical_volume": 50658.3, "trend": 15.564388, "fair_value": 16.31441, "relative_strength": -5.728895, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.911848, "energy": 13.519375, "activity_lines": [ 15.596047, 15.642618, 15.61866, 15.610901 ] }, { "date": "2024-02-02", "close": 15.498194, "volume": 26844, "typical_volume": 50927.9, "trend": 15.587413, "fair_value": 16.282622, "relative_strength": -6.30139, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.286479, "energy": 3.349721, "activity_lines": [ 15.573022, 15.612792, 15.608792, 15.606631 ] }, { "date": "2024-02-09", "close": 15.109659, "volume": 5318, "typical_volume": 48242.1, "trend": 15.574462, "fair_value": 16.251477, "relative_strength": -8.780978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.187062, "energy": 13.072434, "activity_lines": [ 15.449267, 15.509967, 15.564388, 15.575808 ] }, { "date": "2024-02-16", "close": 15.498194, "volume": 17196, "typical_volume": 42546.45, "trend": 15.574462, "fair_value": 16.220894, "relative_strength": -8.922959, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.688711, "energy": 27.042397, "activity_lines": [ 15.434877, 15.490344, 15.558838, 15.570887 ] }, { "date": "2024-02-23", "close": 15.109659, "volume": 90427, "typical_volume": 45475.1, "trend": 15.56151, "fair_value": 16.18541, "relative_strength": -12.171747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.25712, "energy": 40.525514, "activity_lines": [ 15.293853, 15.407928, 15.51649, 15.5409 ] }, { "date": "2024-03-01", "close": 15.498194, "volume": 107159, "typical_volume": 48406.05, "trend": 15.584535, "fair_value": 16.145425, "relative_strength": -9.854043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.103754, "energy": 34.537707, "activity_lines": [ 15.34278, 15.411853, 15.513201, 15.536815 ] }, { "date": "2024-03-08", "close": 14.548443, "volume": 117035, "typical_volume": 53275.0, "trend": 15.557193, "fair_value": 16.103692, "relative_strength": -18.608622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.61331, "energy": 49.847263, "activity_lines": [ 15.078001, 15.24702, 15.419459, 15.46997 ] }, { "date": "2024-03-15", "close": 15.368685, "volume": 191713, "typical_volume": 59878.6, "trend": 15.535608, "fair_value": 16.066735, "relative_strength": -13.214877, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.041629, "energy": 37.416167, "activity_lines": [ 15.149953, 15.256439, 15.406919, 15.457809 ] }, { "date": "2024-03-22", "close": 15.714046, "volume": 28935, "typical_volume": 59283.8, "trend": 15.528413, "fair_value": 16.037053, "relative_strength": -13.367453, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.717971, "energy": 12.730504, "activity_lines": [ 15.319756, 15.318448, 15.426038, 15.469321 ] }, { "date": "2024-03-29", "close": 15.411854, "volume": 25583, "typical_volume": 58591.45, "trend": 15.508267, "fair_value": 16.007604, "relative_strength": -15.053731, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.45314, "energy": 14.768073, "activity_lines": [ 15.374439, 15.322373, 15.41617, 15.461801 ] }, { "date": "2024-04-05", "close": 15.196001, "volume": 48892, "typical_volume": 59967.6, "trend": 15.499633, "fair_value": 15.966888, "relative_strength": -16.161577, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.689737, "energy": 15.601373, "activity_lines": [ 15.337025, 15.29804, 15.386979, 15.441655 ] }, { "date": "2024-04-12", "close": 15.757218, "volume": 177887, "typical_volume": 67159.45, "trend": 15.490999, "fair_value": 15.927841, "relative_strength": -14.451339, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.114408, "energy": 6.528792, "activity_lines": [ 15.506829, 15.382027, 15.413498, 15.458273 ] }, { "date": "2024-04-19", "close": 15.800387, "volume": 231813, "typical_volume": 74836.5, "trend": 15.501072, "fair_value": 15.897026, "relative_strength": -8.581182, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.296157, "energy": 10.935215, "activity_lines": [ 15.610438, 15.469152, 15.442278, 15.478234 ] }, { "date": "2024-04-26", "close": 15.728524, "volume": 418431, "typical_volume": 94086.7, "trend": 15.507311, "fair_value": 15.863098, "relative_strength": -11.321467, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.226291, "energy": 14.427656, "activity_lines": [ 15.661312, 15.530654, 15.464214, 15.492908 ] }, { "date": "2024-05-03", "close": 15.992131, "volume": 49950, "typical_volume": 92013.75, "trend": 15.522336, "fair_value": 15.830619, "relative_strength": -10.453617, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.210365, "energy": 28.217383, "activity_lines": [ 15.79909, 15.635895, 15.512215, 15.524187 ] }, { "date": "2024-05-10", "close": 15.377048, "volume": 54976, "typical_volume": 92672.25, "trend": 15.518298, "fair_value": 15.79709, "relative_strength": -15.114101, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.556538, "energy": 11.40119, "activity_lines": [ 15.693155, 15.613259, 15.501545, 15.514813 ] }, { "date": "2024-05-17", "close": 15.552785, "volume": 352478, "typical_volume": 108641.75, "trend": 15.530191, "fair_value": 15.762036, "relative_strength": -16.060405, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.612265, "energy": 6.432429, "activity_lines": [ 15.63373, 15.624777, 15.509217, 15.517038 ] }, { "date": "2024-05-24", "close": 16.036064, "volume": 937644, "typical_volume": 152855.45, "trend": 15.561071, "fair_value": 15.73008, "relative_strength": -14.386135, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.672036, "energy": 14.479693, "activity_lines": [ 15.749026, 15.705904, 15.564712, 15.549675 ] }, { "date": "2024-05-31", "close": 19.770491, "volume": 1610529, "typical_volume": 230500.45, "trend": 15.697725, "fair_value": 15.71917, "relative_strength": 7.361601, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.625729, "energy": 74.106786, "activity_lines": [ 17.09342, 16.453883, 15.970015, 15.821251 ] }, { "date": "2024-06-07", "close": 20.209839, "volume": 636853, "typical_volume": 257714.2, "trend": 15.849024, "fair_value": 15.711076, "relative_strength": 6.191852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.087308, "energy": 91.096882, "activity_lines": [ 18.314798, 17.20799, 16.397023, 16.112355 ] }, { "date": "2024-06-14", "close": 19.331148, "volume": 499924, "typical_volume": 281479.35, "trend": 15.971033, "fair_value": 15.697349, "relative_strength": -1.329018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.23115, "energy": 88.478515, "activity_lines": [ 18.962099, 17.715099, 16.720376, 16.337008 ] }, { "date": "2024-06-21", "close": 19.155411, "volume": 139443, "typical_volume": 287109.3, "trend": 16.097257, "fair_value": 15.672371, "relative_strength": -5.319433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.576913, "energy": 87.602542, "activity_lines": [ 19.287214, 18.115071, 17.008946, 16.542452 ] }, { "date": "2024-06-28", "close": 19.682625, "volume": 204168, "typical_volume": 297051.8, "trend": 16.226665, "fair_value": 15.660898, "relative_strength": -1.682414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.985378, "energy": 86.970992, "activity_lines": [ 19.547892, 18.549115, 17.330311, 16.773766 ] }, { "date": "2024-07-05", "close": 20.209839, "volume": 238507, "typical_volume": 308117.35, "trend": 16.369329, "fair_value": 15.652804, "relative_strength": -1.228964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.199038, "energy": 75.036664, "activity_lines": [ 19.741204, 19.00843, 17.680112, 17.030745 ] }, { "date": "2024-07-12", "close": 22.055084, "volume": 529815, "typical_volume": 330086.75, "trend": 16.572063, "fair_value": 15.649992, "relative_strength": 6.105459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.073135, "energy": 74.462993, "activity_lines": [ 20.520308, 19.721766, 18.183213, 17.397568 ] }, { "date": "2024-07-19", "close": 24.436905, "volume": 547587, "typical_volume": 352108.15, "trend": 16.862825, "fair_value": 15.668286, "relative_strength": 22.520208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.40372, "energy": 87.98837, "activity_lines": [ 21.970336, 20.757924, 18.880081, 17.904977 ] }, { "date": "2024-07-26", "close": 24.481909, "volume": 148360, "typical_volume": 353674.4, "trend": 17.147892, "fair_value": 15.689407, "relative_strength": 26.321475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.473141, "energy": 92.955841, "activity_lines": [ 23.094981, 21.637541, 19.53867, 18.39653 ] }, { "date": "2024-08-02", "close": 25.111958, "volume": 276282, "typical_volume": 357902.85, "trend": 17.491375, "fair_value": 15.719137, "relative_strength": 31.640292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.247565, "energy": 92.670775, "activity_lines": [ 24.074543, 22.469364, 20.209961, 18.910341 ] }, { "date": "2024-08-09", "close": 24.391903, "volume": 269287, "typical_volume": 369920.45, "trend": 17.786393, "fair_value": 15.744759, "relative_strength": 28.283997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.018959, "energy": 84.082079, "activity_lines": [ 24.452131, 23.005251, 20.766279, 19.355537 ] }, { "date": "2024-08-16", "close": 24.75193, "volume": 507910, "typical_volume": 394036.8, "trend": 18.077583, "fair_value": 15.77345, "relative_strength": 24.698426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.33585, "energy": 66.656477, "activity_lines": [ 24.670924, 23.522573, 21.315562, 19.804926 ] }, { "date": "2024-08-23", "close": 23.851858, "volume": 62514, "typical_volume": 394717.9, "trend": 18.3546, "fair_value": 15.807541, "relative_strength": 20.913474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.686326, "energy": 61.991147, "activity_lines": [ 24.409903, 23.793661, 21.734648, 20.17746 ] }, { "date": "2024-08-30", "close": 22.951788, "volume": 582059, "typical_volume": 414926.5, "trend": 18.603053, "fair_value": 15.832308, "relative_strength": 15.604753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.136272, "energy": 54.42905, "activity_lines": [ 23.887862, 23.818906, 22.026794, 20.474053 ] }, { "date": "2024-09-06", "close": 22.141726, "volume": 191578, "typical_volume": 412914.75, "trend": 18.837455, "fair_value": 15.849091, "relative_strength": 15.607239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.293515, "energy": 39.333894, "activity_lines": [ 23.197808, 23.627842, 22.207532, 20.702354 ] }, { "date": "2024-09-13", "close": 22.051722, "volume": 37656, "typical_volume": 393876.0, "trend": 19.055906, "fair_value": 15.865042, "relative_strength": 13.257433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.190076, "energy": 26.197281, "activity_lines": [ 22.675768, 23.375702, 22.349501, 20.909726 ] }, { "date": "2024-09-20", "close": 25.156963, "volume": 286997, "typical_volume": 405728.35, "trend": 19.390816, "fair_value": 15.905215, "relative_strength": 26.366967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.615306, "energy": 34.859604, "activity_lines": [ 23.344821, 23.654663, 22.757096, 21.303343 ] }, { "date": "2024-09-27", "close": 23.671848, "volume": 29883, "typical_volume": 404473.7, "trend": 19.663271, "fair_value": 15.939929, "relative_strength": 15.236561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.566223, "energy": 29.335705, "activity_lines": [ 23.491833, 23.607205, 22.97961, 21.579538 ] }, { "date": "2024-10-04", "close": 23.131805, "volume": 24004, "typical_volume": 388050.0, "trend": 19.949383, "fair_value": 15.968389, "relative_strength": 14.996517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.31478, "energy": 29.379738, "activity_lines": [ 23.470832, 23.475468, 23.111193, 21.803315 ] }, { "date": "2024-10-11", "close": 23.965185, "volume": 98641, "typical_volume": 346099.85, "trend": 20.235933, "fair_value": 15.999145, "relative_strength": 15.720364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.225889, "energy": 38.547377, "activity_lines": [ 23.715622, 23.519801, 23.286054, 22.062399 ] }, { "date": "2024-10-18", "close": 23.78084, "volume": 15899, "typical_volume": 266368.35, "trend": 20.504826, "fair_value": 16.029226, "relative_strength": 11.757414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.443915, "energy": 33.390572, "activity_lines": [ 23.777401, 23.551468, 23.405601, 22.291102 ] }, { "date": "2024-10-25", "close": 23.089535, "volume": 90957, "typical_volume": 239073.55, "trend": 20.760749, "fair_value": 16.057415, "relative_strength": 9.032436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.79493, "energy": 27.087307, "activity_lines": [ 23.49347, 23.468553, 23.440213, 22.457858 ] }, { "date": "2024-11-01", "close": 23.78084, "volume": 58961, "typical_volume": 217025.4, "trend": 21.04691, "fair_value": 16.092067, "relative_strength": 14.868271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.27593, "energy": 29.626882, "activity_lines": [ 23.577802, 23.541556, 23.52695, 22.652702 ] }, { "date": "2024-11-08", "close": 23.458229, "volume": 78745, "typical_volume": 213990.5, "trend": 21.303611, "fair_value": 16.125158, "relative_strength": 9.456355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.133636, "energy": 18.306832, "activity_lines": [ 23.547332, 23.557193, 23.561773, 22.808271 ] }, { "date": "2024-11-15", "close": 23.596491, "volume": 205827, "typical_volume": 214073.45, "trend": 21.563481, "fair_value": 16.160404, "relative_strength": 13.723211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.469333, "energy": 16.947033, "activity_lines": [ 23.541187, 23.58876, 23.589275, 22.956199 ] }, { "date": "2024-11-22", "close": 23.965185, "volume": 43466, "typical_volume": 204321.4, "trend": 21.838036, "fair_value": 16.195222, "relative_strength": 14.306455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.472406, "energy": 27.9318, "activity_lines": [ 23.682519, 23.660913, 23.633253, 23.111148 ] }, { "date": "2024-11-29", "close": 23.965185, "volume": 274565, "typical_volume": 191558.9, "trend": 22.103805, "fair_value": 16.229532, "relative_strength": 17.182341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.503094, "energy": 27.027264, "activity_lines": [ 23.811562, 23.698275, 23.659348, 23.248383 ] }, { "date": "2024-12-06", "close": 24.472143, "volume": 529789, "typical_volume": 190669.0, "trend": 22.406974, "fair_value": 16.270645, "relative_strength": 14.526346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.995424, "energy": 32.088645, "activity_lines": [ 24.051215, 23.84948, 23.724629, 23.401179 ] }, { "date": "2024-12-13", "close": 25.900837, "volume": 502834, "typical_volume": 208392.7, "trend": 22.75191, "fair_value": 16.320917, "relative_strength": 21.56059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.936009, "energy": 55.862011, "activity_lines": [ 24.721012, 24.245897, 23.925808, 23.62659 ] }, { "date": "2024-12-20", "close": 26.131269, "volume": 81258, "typical_volume": 198641.5, "trend": 23.088416, "fair_value": 16.373428, "relative_strength": 24.727828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.880174, "energy": 72.610642, "activity_lines": [ 25.304778, 24.633865, 24.142177, 23.844613 ] }, { "date": "2024-12-27", "close": 26.453878, "volume": 281415, "typical_volume": 199247.9, "trend": 23.311196, "fair_value": 16.431307, "relative_strength": 21.492418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.164634, "energy": 81.038859, "activity_lines": [ 25.827097, 25.041105, 24.384416, 24.061739 ] }, { "date": "2025-01-03", "close": 26.7304, "volume": 208657, "typical_volume": 184285.25, "trend": 23.528548, "fair_value": 16.498574, "relative_strength": 23.911844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.916392, "energy": 84.551777, "activity_lines": [ 26.275676, 25.450022, 24.643172, 24.282333 ] }, { "date": "2025-01-10", "close": 27.145182, "volume": 121859, "typical_volume": 187252.5, "trend": 23.789016, "fair_value": 16.572561, "relative_strength": 24.525277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.023708, "energy": 87.039698, "activity_lines": [ 26.678168, 25.868156, 24.93201, 24.515665 ] }, { "date": "2025-01-17", "close": 26.7304, "volume": 81620, "typical_volume": 162230.55, "trend": 24.041515, "fair_value": 16.644906, "relative_strength": 21.287964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.258234, "energy": 79.486245, "activity_lines": [ 26.764197, 26.149705, 25.165662, 24.705431 ] }, { "date": "2025-01-24", "close": 27.145182, "volume": 21567, "typical_volume": 153730.0, "trend": 24.290267, "fair_value": 16.712039, "relative_strength": 20.488155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.769667, "energy": 76.322915, "activity_lines": [ 26.933182, 26.447175, 25.420824, 24.905668 ] }, { "date": "2025-02-07", "close": 28.020834, "volume": 496250, "typical_volume": 176659.7, "trend": 24.550634, "fair_value": 16.790117, "relative_strength": 23.791029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.051477, "energy": 69.825586, "activity_lines": [ 27.326457, 26.839333, 25.735555, 25.14635 ] }, { "date": "2025-02-14", "close": 28.527788, "volume": 225623, "typical_volume": 173591.0, "trend": 24.766391, "fair_value": 16.876267, "relative_strength": 26.798795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.151272, "energy": 64.723474, "activity_lines": [ 27.784254, 27.249925, 26.070143, 25.40294 ] }, { "date": "2025-02-21", "close": 29.311266, "volume": 176127, "typical_volume": 180903.2, "trend": 24.928869, "fair_value": 16.964648, "relative_strength": 26.105934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.515363, "energy": 74.548585, "activity_lines": [ 28.383383, 27.720011, 26.463297, 25.696158 ] }, { "date": "2025-02-28", "close": 29.265181, "volume": 124736, "typical_volume": 185939.8, "trend": 25.088312, "fair_value": 17.055525, "relative_strength": 28.421639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.971575, "energy": 72.616867, "activity_lines": [ 28.822746, 28.093734, 26.825207, 25.97592 ] }, { "date": "2025-03-07", "close": 29.633873, "volume": 103743, "typical_volume": 186194.9, "trend": 25.239042, "fair_value": 17.149274, "relative_strength": 31.523291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.957741, "energy": 76.206671, "activity_lines": [ 29.21602, 28.473323, 27.193025, 26.269182 ] }, { "date": "2025-03-14", "close": 29.5417, "volume": 151724, "typical_volume": 192986.15, "trend": 25.410702, "fair_value": 17.24497, "relative_strength": 33.179139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.611712, "energy": 66.681492, "activity_lines": [ 29.412657, 28.772468, 27.52507, 26.546773 ] }, { "date": "2025-03-21", "close": 30.002569, "volume": 92404, "typical_volume": 193058.5, "trend": 25.585723, "fair_value": 17.345906, "relative_strength": 32.351792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.005881, "energy": 64.418359, "activity_lines": [ 29.661526, 29.099266, 27.873574, 26.843022 ] }, { "date": "2025-03-28", "close": 29.311266, "volume": 157873, "typical_volume": 198004.1, "trend": 25.767704, "fair_value": 17.443933, "relative_strength": 31.493726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.294476, "energy": 55.911381, "activity_lines": [ 29.581642, 29.240879, 28.123321, 27.08338 ] }, { "date": "2025-04-04", "close": 29.080832, "volume": 96747, "typical_volume": 198904.2, "trend": 25.972005, "fair_value": 17.53896, "relative_strength": 30.848383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.407553, "energy": 47.99395, "activity_lines": [ 29.424947, 29.301211, 28.324787, 27.29713 ] }, { "date": "2025-04-11", "close": 26.177357, "volume": 290049, "typical_volume": 203115.3, "trend": 26.106526, "fair_value": 17.618675, "relative_strength": 27.067152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.430913, "energy": 17.196453, "activity_lines": [ 28.312717, 28.790903, 28.222957, 27.310379 ] }, { "date": "2025-04-18", "close": 26.7304, "volume": 72175, "typical_volume": 204550.75, "trend": 26.262482, "fair_value": 17.698889, "relative_strength": 29.190152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.735362, "energy": 19.00256, "activity_lines": [ 27.615268, 28.398745, 28.161508, 27.350628 ] }, { "date": "2025-04-25", "close": 27.780113, "volume": 30431, "typical_volume": 192344.05, "trend": 26.34992, "fair_value": 17.783547, "relative_strength": 29.659975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.068254, "energy": 20.838831, "activity_lines": [ 27.455144, 28.220907, 28.186864, 27.44854 ] }, { "date": "2025-05-02", "close": 27.352728, "volume": 36552, "typical_volume": 167682.2, "trend": 26.472616, "fair_value": 17.864957, "relative_strength": 20.894638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.960576, "energy": 18.274027, "activity_lines": [ 27.300723, 27.978957, 28.15335, 27.513237 ] }, { "date": "2025-05-09", "close": 24.693434, "volume": 365528, "typical_volume": 160816.9, "trend": 26.524671, "fair_value": 17.921753, "relative_strength": 7.726171, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.630259, "energy": 29.273121, "activity_lines": [ 26.390439, 27.289108, 27.852853, 27.398451 ] }, { "date": "2025-05-16", "close": 25.738157, "volume": 116678, "typical_volume": 162587.9, "trend": 26.58377, "fair_value": 17.984989, "relative_strength": 6.694461, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.597713, "energy": 31.434118, "activity_lines": [ 26.120889, 26.872332, 27.657603, 27.347709 ] }, { "date": "2025-05-23", "close": 24.693434, "volume": 789840, "typical_volume": 188009.15, "trend": 26.61419, "fair_value": 18.046667, "relative_strength": 2.538756, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.845456, "energy": 43.578314, "activity_lines": [ 25.532378, 26.336437, 27.364727, 27.225751 ] }, { "date": "2025-05-30", "close": 27.49519, "volume": 367749, "typical_volume": 195963.75, "trend": 26.761045, "fair_value": 18.128618, "relative_strength": 14.724022, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.382008, "energy": 23.545259, "activity_lines": [ 26.013584, 26.398102, 27.347069, 27.28259 ] }, { "date": "2025-06-06", "close": 26.972828, "volume": 160933, "typical_volume": 197917.45, "trend": 26.867444, "fair_value": 18.20722, "relative_strength": 10.327553, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.73179, "energy": 14.676429, "activity_lines": [ 26.339663, 26.410382, 27.276019, 27.296254 ] }, { "date": "2025-06-13", "close": 28.824837, "volume": 500534, "typical_volume": 218863.15, "trend": 27.046331, "fair_value": 18.296923, "relative_strength": 14.953783, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.668164, "energy": 8.057907, "activity_lines": [ 27.308406, 26.801907, 27.382173, 27.422537 ] }, { "date": "2025-06-20", "close": 29.299709, "volume": 159581, "typical_volume": 225763.85, "trend": 27.236439, "fair_value": 18.389156, "relative_strength": 16.0682, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.544436, "energy": 26.03432, "activity_lines": [ 28.160013, 27.284427, 27.523578, 27.567916 ] }, { "date": "2025-06-27", "close": 28.065037, "volume": 168564, "typical_volume": 209379.55, "trend": 27.3731, "fair_value": 18.473989, "relative_strength": 7.787482, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.615474, "energy": 22.328804, "activity_lines": [ 28.362625, 27.485692, 27.537137, 27.621374 ] }, { "date": "2025-07-04", "close": 28.397449, "volume": 141204, "typical_volume": 205158.6, "trend": 27.520842, "fair_value": 18.563522, "relative_strength": 8.489192, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.855757, "energy": 26.718106, "activity_lines": [ 28.451268, 27.723129, 27.582143, 27.687461 ] }, { "date": "2025-07-11", "close": 28.682371, "volume": 206851, "typical_volume": 206694.8, "trend": 27.661183, "fair_value": 18.656423, "relative_strength": 7.877647, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.307025, "energy": 25.313597, "activity_lines": [ 28.574734, 28.001145, 27.654905, 27.762399 ] }, { "date": "2025-07-18", "close": 29.10976, "volume": 756916, "typical_volume": 238303.8, "trend": 27.768147, "fair_value": 18.75489, "relative_strength": 5.962689, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.227936, "energy": 28.079364, "activity_lines": [ 28.726694, 28.332693, 27.771366, 27.855855 ] }, { "date": "2025-07-25", "close": 28.492424, "volume": 133716, "typical_volume": 239802.45, "trend": 27.846853, "fair_value": 18.853254, "relative_strength": 3.54294, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.922464, "energy": 18.105796, "activity_lines": [ 28.653881, 28.471702, 27.829773, 27.902583 ] }, { "date": "2025-08-01", "close": 30.773999, "volume": 44371, "typical_volume": 234434.8, "trend": 27.990857, "fair_value": 18.962647, "relative_strength": 11.125765, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.669737, "energy": 45.863393, "activity_lines": [ 29.395411, 28.975465, 28.110908, 28.091431 ] }, { "date": "2025-08-08", "close": 28.919809, "volume": 65462, "typical_volume": 233087.7, "trend": 28.063837, "fair_value": 19.059639, "relative_strength": 1.806958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.432981, "energy": 37.93349, "activity_lines": [ 29.33828, 29.031546, 28.209585, 28.151363 ] }, { "date": "2025-08-15", "close": 29.204733, "volume": 64452, "typical_volume": 228416.65, "trend": 28.132489, "fair_value": 19.163597, "relative_strength": 1.381163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.73166, "energy": 34.816528, "activity_lines": [ 29.3413, 29.11353, 28.340554, 28.224969 ] }, { "date": "2025-08-22", "close": 29.157248, "volume": 113890, "typical_volume": 229273.8, "trend": 28.213384, "fair_value": 19.265709, "relative_strength": 3.443392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.24606, "energy": 38.650368, "activity_lines": [ 29.293668, 29.1463, 28.467509, 28.291083 ] }, { "date": "2025-08-29", "close": 28.634886, "volume": 472028, "typical_volume": 238372.75, "trend": 28.26304, "fair_value": 19.367299, "relative_strength": -0.544063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.97764, "energy": 18.819803, "activity_lines": [ 29.068749, 29.078051, 28.54435, 28.318277 ] }, { "date": "2025-09-05", "close": 29.10976, "volume": 219984, "typical_volume": 245763.2, "trend": 28.299338, "fair_value": 19.465603, "relative_strength": -0.228704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.343596, "energy": 18.68553, "activity_lines": [ 28.992624, 29.108231, 28.654715, 28.372904 ] }, { "date": "2025-09-12", "close": 28.017551, "volume": 484215, "typical_volume": 268452.4, "trend": 28.28233, "fair_value": 19.556094, "relative_strength": -7.766104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.07382, "energy": 13.780864, "activity_lines": [ 28.663379, 28.920832, 28.64973, 28.354724 ] }, { "date": "2025-09-19", "close": 28.634886, "volume": 215267, "typical_volume": 277388.15, "trend": 28.259784, "fair_value": 19.650541, "relative_strength": -6.276447, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.618498, "energy": 15.736512, "activity_lines": [ 28.600062, 28.852584, 28.702408, 28.377469 ] }, { "date": "2025-09-26", "close": 28.919809, "volume": 241170, "typical_volume": 271170.25, "trend": 28.248272, "fair_value": 19.74817, "relative_strength": -5.343901, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.985866, "energy": 15.16116, "activity_lines": [ 28.66971, 28.837002, 28.776116, 28.420052 ] }, { "date": "2025-10-03", "close": 28.919809, "volume": 257862, "typical_volume": 278229.45, "trend": 28.22447, "fair_value": 19.845798, "relative_strength": -9.583555, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.401696, "energy": 11.86956, "activity_lines": [ 28.755187, 28.824875, 28.829698, 28.463377 ] }, { "date": "2025-10-10", "close": 27.11529, "volume": 69048, "typical_volume": 242189.85, "trend": 28.143589, "fair_value": 19.93538, "relative_strength": -16.845829, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.120825, "energy": 7.283809, "activity_lines": [ 28.220162, 28.476882, 28.696271, 28.391817 ] }, { "date": "2025-10-17", "close": 27.020315, "volume": 100360, "typical_volume": 228820.4, "trend": 28.044181, "fair_value": 20.024353, "relative_strength": -17.062641, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.528291, "energy": 28.937617, "activity_lines": [ 27.786444, 28.178144, 28.542266, 28.319347 ] }, { "date": "2025-10-24", "close": 27.020315, "volume": 293273, "typical_volume": 235437.4, "trend": 27.967816, "fair_value": 20.11468, "relative_strength": -17.713923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.033785, "energy": 38.620217, "activity_lines": [ 27.419209, 27.913941, 28.390522, 28.253292 ] }, { "date": "2025-10-31", "close": 27.020315, "volume": 131010, "typical_volume": 216961.2, "trend": 27.899132, "fair_value": 20.203653, "relative_strength": -19.715986, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.552558, "energy": 46.482229, "activity_lines": [ 27.159611, 27.689455, 28.238552, 28.192162 ] }, { "date": "2025-11-07", "close": 26.21303, "volume": 124418, "typical_volume": 215203.05, "trend": 27.900321, "fair_value": 20.287451, "relative_strength": -20.3522, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.917538, "energy": 57.468116, "activity_lines": [ 26.757552, 27.357044, 28.018291, 28.083382 ] }, { "date": "2025-11-14", "close": 27.685139, "volume": 107514, "typical_volume": 212150.55, "trend": 27.932146, "fair_value": 20.38204, "relative_strength": -15.119592, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.286471, "energy": 37.697631, "activity_lines": [ 27.026647, 27.336322, 27.952929, 28.069499 ] }, { "date": "2025-11-21", "close": 27.685139, "volume": 58907, "typical_volume": 208035.7, "trend": 27.92898, "fair_value": 20.47988, "relative_strength": -12.04275, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.505526, "energy": 21.258228, "activity_lines": [ 27.257752, 27.341503, 27.889376, 28.053563 ] }, { "date": "2025-11-28", "close": 28.777348, "volume": 59696, "typical_volume": 200677.95, "trend": 27.976467, "fair_value": 20.578491, "relative_strength": -12.509451, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 4.047569, "energy": 5.33648, "activity_lines": [ 27.808606, 27.55131, 27.933235, 28.108297 ] }, { "date": "2025-12-05", "close": 28.160011, "volume": 28308, "typical_volume": 164247.55, "trend": 28.09202, "fair_value": 20.673686, "relative_strength": -15.374918, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.068083, "energy": 10.938665, "activity_lines": [ 28.036545, 27.646285, 27.917847, 28.120138 ] }, { "date": "2025-12-12", "close": 28.777348, "volume": 87298, "typical_volume": 161926.65, "trend": 28.193326, "fair_value": 20.774464, "relative_strength": -14.137605, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.189524, "energy": 14.538544, "activity_lines": [ 28.394283, 27.867317, 27.965776, 28.164353 ] }, { "date": "2025-12-19", "close": 26.972828, "volume": 48480, "typical_volume": 162132.1, "trend": 28.269306, "fair_value": 20.861237, "relative_strength": -17.862999, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.394555, "energy": 19.204818, "activity_lines": [ 27.97956, 27.762845, 27.84049, 28.085611 ] }, { "date": "2025-12-26", "close": 26.972828, "volume": 316093, "typical_volume": 174663.65, "trend": 28.251894, "fair_value": 20.945572, "relative_strength": -20.05524, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.801537, "energy": 20.831131, "activity_lines": [ 27.612324, 27.660963, 27.733304, 28.001967 ] }, { "date": "2026-01-02", "close": 26.73539, "volume": 131613, "typical_volume": 178021.7, "trend": 28.243979, "fair_value": 21.031906, "relative_strength": -22.617951, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.378649, "energy": 34.79472, "activity_lines": [ 27.21343, 27.516774, 27.612777, 27.904128 ] }, { "date": "2026-01-09", "close": 26.782879, "volume": 308712, "typical_volume": 187762.8, "trend": 28.175914, "fair_value": 21.115294, "relative_strength": -24.535707, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.5564, "energy": 45.844302, "activity_lines": [ 26.966496, 27.3864, 27.508531, 27.809864 ] }, { "date": "2026-01-16", "close": 26.830366, "volume": 257445, "typical_volume": 177033.65, "trend": 28.093602, "fair_value": 21.202779, "relative_strength": -26.705612, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.898963, "energy": 50.040424, "activity_lines": [ 26.8272, 27.268976, 27.420114, 27.723054 ] }, { "date": "2026-01-23", "close": 26.925339, "volume": 81976, "typical_volume": 170133.25, "trend": 28.055612, "fair_value": 21.287893, "relative_strength": -27.343934, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.303887, "energy": 45.768803, "activity_lines": [ 26.84936, 27.157597, 27.349335, 27.647682 ] }, { "date": "2026-01-30", "close": 26.640417, "volume": 285867, "typical_volume": 160215.85, "trend": 27.997045, "fair_value": 21.37118, "relative_strength": -27.956035, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.428458, "energy": 37.985059, "activity_lines": [ 26.779712, 27.008227, 27.261822, 27.55638 ] }, { "date": "2026-02-06", "close": 26.545443, "volume": 67755, "typical_volume": 152840.25, "trend": 27.925814, "fair_value": 21.45413, "relative_strength": -27.143315, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.635906, "energy": 32.159292, "activity_lines": [ 26.700567, 26.860585, 27.171823, 27.462728 ] }, { "date": "2026-02-13", "close": 26.782879, "volume": 112835, "typical_volume": 146423.5, "trend": 27.848251, "fair_value": 21.539685, "relative_strength": -29.967512, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.313383, "energy": 29.893375, "activity_lines": [ 26.713231, 26.796693, 27.114386, 27.38899 ] }, { "date": "2026-02-27", "close": 26.592928, "volume": 80041, "typical_volume": 137532.45, "trend": 27.784935, "fair_value": 21.62321, "relative_strength": -33.471256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.943445, "energy": 30.758718, "activity_lines": [ 26.662577, 26.723303, 27.049034, 27.308001 ] }, { "date": "2026-03-06", "close": 26.308004, "volume": 211797, "typical_volume": 144669.9, "trend": 27.636068, "fair_value": 21.692991, "relative_strength": -30.049081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.03873, "energy": 33.859262, "activity_lines": [ 26.532778, 26.637826, 26.967627, 27.212716 ] }, { "date": "2026-03-13", "close": 24.361023, "volume": 286125, "typical_volume": 153958.15, "trend": 27.484109, "fair_value": 21.752458, "relative_strength": -34.180042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.083968, "energy": 60.450492, "activity_lines": [ 25.795141, 26.21044, 26.704637, 27.001422 ] }, { "date": "2026-03-20", "close": 23.268814, "volume": 435545, "typical_volume": 161071.75, "trend": 27.286245, "fair_value": 21.805195, "relative_strength": -36.684694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.304474, "energy": 79.567725, "activity_lines": [ 24.845394, 25.631957, 26.350291, 26.729468 ] }, { "date": "2026-03-27", "close": 22.36655, "volume": 403831, "typical_volume": 174712.8, "trend": 27.059888, "fair_value": 21.852148, "relative_strength": -37.607369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.482187, "energy": 91.551363, "activity_lines": [ 23.813334, 24.952456, 25.927879, 26.412068 ] }, { "date": "2026-04-03", "close": 22.41404, "volume": 60637, "typical_volume": 171523.75, "trend": 26.852526, "fair_value": 21.900489, "relative_strength": -35.67394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.521215, "energy": 92.607497, "activity_lines": [ 23.091526, 24.361886, 25.532151, 26.112336 ] }, { "date": "2026-04-10", "close": 20.751982, "volume": 309632, "typical_volume": 181629.65, "trend": 26.573934, "fair_value": 21.941968, "relative_strength": -44.450091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.49701, "energy": 95.584519, "activity_lines": [ 22.094291, 23.54942, 24.996222, 25.718753 ] }, { "date": "2026-04-17", "close": 21.464293, "volume": 502645, "typical_volume": 203816.55, "trend": 26.355492, "fair_value": 21.989096, "relative_strength": -43.933804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.470955, "energy": 89.547298, "activity_lines": [ 21.704895, 22.978708, 24.561148, 25.389098 ] }, { "date": "2026-04-24", "close": 21.13188, "volume": 421229, "typical_volume": 221893.2, "trend": 26.105392, "fair_value": 22.031113, "relative_strength": -47.000652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.158317, "energy": 83.484962, "activity_lines": [ 21.39781, 22.441669, 24.124038, 25.052091 ] }, { "date": "2026-05-01", "close": 21.416805, "volume": 244107, "typical_volume": 232683.15, "trend": 25.855292, "fair_value": 22.071166, "relative_strength": -45.409108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.090567, "energy": 65.902082, "activity_lines": [ 21.328162, 22.054863, 23.75047, 24.749602 ] }, { "date": "2026-05-08", "close": 21.465143, "volume": 279364, "typical_volume": 242286.45, "trend": 25.606803, "fair_value": 22.11207, "relative_strength": -48.013421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.252368, "energy": 60.048261, "activity_lines": [ 21.337943, 21.77441, 23.413617, 24.466366 ] }, { "date": "2026-05-15", "close": 21.369318, "volume": 307424, "typical_volume": 255233.65, "trend": 25.41527, "fair_value": 22.154255, "relative_strength": -47.02381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.201948, "energy": 55.8441, "activity_lines": [ 21.379042, 21.569767, 23.102458, 24.19298 ] }, { "date": "2026-05-22", "close": 20.65062, "volume": 125917, "typical_volume": 245724.85, "trend": 25.202947, "fair_value": 22.19373, "relative_strength": -49.448115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.579687, "energy": 55.850194, "activity_lines": [ 21.139419, 21.324246, 22.749534, 23.885583 ] }, { "date": "2026-05-29", "close": 20.075659, "volume": 104396, "typical_volume": 244364.0, "trend": 24.971459, "fair_value": 22.229519, "relative_strength": -52.915643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.132523, "energy": 56.864278, "activity_lines": [ 20.762388, 21.041649, 22.371958, 23.554791 ] }, { "date": "2026-06-05", "close": 20.202709, "volume": 90054, "typical_volume": 233431.1, "trend": 24.744205, "fair_value": 22.263684, "relative_strength": -52.162506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.769747, "energy": 55.396803, "activity_lines": [ 20.498121, 20.840209, 22.038195, 23.247129 ] }, { "date": "2026-06-12", "close": 18.69359, "volume": 271781, "typical_volume": 234147.9, "trend": 24.493557, "fair_value": 22.289801, "relative_strength": -54.056978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.615146, "energy": 78.70771, "activity_lines": [ 19.811755, 20.403726, 21.592041, 22.856767 ] }, { "date": "2026-06-19", "close": 18.498865, "volume": 169534, "typical_volume": 238525.8, "trend": 24.187348, "fair_value": 22.313857, "relative_strength": -55.947449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.539002, "energy": 87.358845, "activity_lines": [ 19.24525, 19.999484, 21.166088, 22.470013 ] }, { "date": "2026-06-26", "close": 18.206779, "volume": 154513, "typical_volume": 231958.1, "trend": 23.871403, "fair_value": 22.334687, "relative_strength": -53.898111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.30985, "energy": 88.343529, "activity_lines": [ 18.772747, 19.5831, 20.752443, 22.08417 ] }, { "date": "2026-07-03", "close": 18.206779, "volume": 295165, "typical_volume": 243328.6, "trend": 23.51905, "fair_value": 22.357683, "relative_strength": -55.245662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.127687, "energy": 86.58422, "activity_lines": [ 18.463166, 19.225944, 20.378959, 21.71871 ] }, { "date": "2026-07-10", "close": 17.622604, "volume": 182090, "typical_volume": 246791.35, "trend": 23.167803, "fair_value": 22.373143, "relative_strength": -54.442248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.369412, "energy": 85.641926, "activity_lines": [ 18.083453, 18.815758, 19.989547, 21.338294 ] }, { "date": "2026-07-17", "close": 17.719967, "volume": 95837, "typical_volume": 247581.15, "trend": 22.799224, "fair_value": 22.391813, "relative_strength": -50.363643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.327057, "energy": 76.660862, "activity_lines": [ 17.908201, 18.49226, 19.653027, 20.986821 ] }, { "date": "2026-07-24", "close": 17.719967, "volume": 206020, "typical_volume": 247292.3, "trend": 22.490795, "fair_value": 22.406055, "relative_strength": -50.527893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.236638, "energy": 74.181009, "activity_lines": [ 17.797857, 18.236856, 19.35876, 20.659127 ] }, { "date": "2026-07-31", "close": 17.622604, "volume": 161313, "typical_volume": 241051.7, "trend": 22.179121, "fair_value": 22.419673, "relative_strength": -49.224252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.039492, "energy": 69.466622, "activity_lines": [ 17.706985, 18.030102, 19.096116, 20.34505 ] }, { "date": "2026-08-07", "close": 17.525242, "volume": 198629, "typical_volume": 229205.9, "trend": 21.872116, "fair_value": 22.432667, "relative_strength": -49.665023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.700513, "energy": 64.740358, "activity_lines": [ 17.622604, 17.8607, 18.856287, 20.0448 ] }, { "date": "2026-08-14", "close": 17.9, "volume": 87965, "typical_volume": 213412.6, "trend": 21.57602, "fair_value": 22.452491, "relative_strength": -49.361652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.84873, "energy": 59.396915, "activity_lines": [ 17.708579, 17.805807, 18.679499, 19.788534 ] } ], "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." } } }