{ "ticker": { "uuid": "8fe07366-0e75-409c-bd62-5b1465d5c145", "symbol": "PHI", "name": "PLDT Inc ADR", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "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": 5.435, "architecture_energy": 25.046, "architecture_maturity": 79.983, "architecture_confidence": 40.311, "architecture_tenure": "Developing", "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": 51.19, "rotation_up": 51.46, "upward_expansion": 38.57, "deceleration": 41.56, "rotation_down": 14.05, "downward_expansion": 42.23 }, "activity_lines": [ 19.728, 19.122364, 19.059952, 19.535653 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 20.03, "trend_reference": 20.279173, "distance_from_trend": -0.012287, "trend_direction": "Weakening", "fair_value": 20.439753, "distance_from_fair_value": -0.020047, "fair_value_direction": "Weakening", "relative_strength": -11.375288, "relative_strength_direction": "Improving", "price_momentum": -0.133554, "excess_performance": -0.259179, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.012287, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.032725, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.020047, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.02491, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.113753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001875, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.133554, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.603613, "read": "Supply-led" } ], "volume": { "latest": 505879, "relative_activity": 0.678344, "balance": 0.603613, "dry_up": 0.902662, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.04873, "annualized_volatility": 0.232543, "from_high_reference": -0.15229, "from_low_reference": 0.17478 }, "levels": { "trend_reference": 20.279173, "fair_value_reference": 20.439753, "structural_low": 17.05, "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": 0.024464, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.017291, "regime_survival": 0.708333, "best_return": 0.181818, "worst_return": -0.104538, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.03649, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.011063, "regime_survival": 0.25, "best_return": 0.30293, "worst_return": -0.130486, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.052655, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.019293, "regime_survival": 0.0, "best_return": 0.516068, "worst_return": -0.216406, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.163633, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.015865, "regime_survival": 0.25, "best_return": 0.339761, "worst_return": -0.139746, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-10", "tenure": "New", "return": 0.040201, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-09-20", "tenure": "Established", "return": 0.074999, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.00437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-08", "tenure": "Developing", "return": -0.128924, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": 0.028251, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-02-21", "tenure": "Developing", "return": 0.083409, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-05-09", "tenure": "Developing", "return": 0.076267, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": -0.035284, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-09-05", "tenure": "Established", "return": -0.11196, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-12", "end": "2025-11-14", "tenure": "Developing", "return": 0.069708, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": -0.022272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.040305, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": -0.034849, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.060911, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.828373, "volume": 274575, "typical_volume": 247195.8, "trend": 18.588082, "fair_value": 20.93258, "relative_strength": -15.800113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.965591, "energy": 12.731682, "activity_lines": [ 18.401238, 18.595117, 18.495577, 18.477146 ] }, { "date": "2023-08-25", "close": 17.501016, "volume": 193724, "typical_volume": 236029.25, "trend": 18.493769, "fair_value": 20.915955, "relative_strength": -17.416384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.775234, "energy": 36.529643, "activity_lines": [ 18.041667, 18.382718, 18.411072, 18.407013 ] }, { "date": "2023-09-01", "close": 17.224021, "volume": 206082, "typical_volume": 230040.1, "trend": 18.387653, "fair_value": 20.903233, "relative_strength": -20.129551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.985795, "energy": 65.627425, "activity_lines": [ 17.680389, 18.135428, 18.306469, 18.325094 ] }, { "date": "2023-09-08", "close": 17.542984, "volume": 239491, "typical_volume": 225251.1, "trend": 18.337416, "fair_value": 20.886617, "relative_strength": -17.073627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.064807, "energy": 67.760518, "activity_lines": [ 17.555505, 17.978671, 18.237805, 18.270599 ] }, { "date": "2023-09-15", "close": 16.460188, "volume": 280964, "typical_volume": 215390.95, "trend": 18.251857, "fair_value": 20.870299, "relative_strength": -21.402502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.842117, "energy": 79.905661, "activity_lines": [ 17.13169, 17.648995, 18.067142, 18.149487 ] }, { "date": "2023-09-22", "close": 16.594488, "volume": 439905, "typical_volume": 220668.75, "trend": 18.194941, "fair_value": 20.856361, "relative_strength": -17.768726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.644894, "energy": 80.168567, "activity_lines": [ 16.892747, 17.382241, 17.913936, 18.04256 ] }, { "date": "2023-09-29", "close": 17.341534, "volume": 461018, "typical_volume": 228462.7, "trend": 18.14673, "fair_value": 20.848598, "relative_strength": -12.942655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.181612, "energy": 65.897465, "activity_lines": [ 16.985078, 17.294859, 17.839477, 17.987502 ] }, { "date": "2023-10-06", "close": 17.971067, "volume": 306967, "typical_volume": 230817.3, "trend": 18.148811, "fair_value": 20.847819, "relative_strength": -9.772811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.882183, "energy": 40.936452, "activity_lines": [ 17.297886, 17.349553, 17.826326, 17.976169 ] }, { "date": "2023-10-13", "close": 18.105367, "volume": 231554, "typical_volume": 231275.25, "trend": 18.155626, "fair_value": 20.851543, "relative_strength": -9.102751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.861801, "energy": 18.919542, "activity_lines": [ 17.605658, 17.450557, 17.828394, 17.973366 ] }, { "date": "2023-10-20", "close": 18.063398, "volume": 344309, "typical_volume": 235705.4, "trend": 18.134819, "fair_value": 20.849795, "relative_strength": -6.700358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.094125, "energy": 21.587514, "activity_lines": [ 17.861948, 17.550615, 17.825333, 17.967416 ] }, { "date": "2023-10-27", "close": 18.138942, "volume": 288553, "typical_volume": 239663.4, "trend": 18.090308, "fair_value": 20.849225, "relative_strength": -3.44707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.4123, "energy": 21.858048, "activity_lines": [ 18.036538, 17.673469, 17.829535, 17.967682 ] }, { "date": "2023-11-03", "close": 19.020288, "volume": 308395, "typical_volume": 248603.15, "trend": 18.096983, "fair_value": 20.846717, "relative_strength": -3.819033, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.95599, "energy": 31.462655, "activity_lines": [ 18.401947, 17.950922, 17.918919, 18.02768 ] }, { "date": "2023-11-10", "close": 18.860807, "volume": 218507, "typical_volume": 248432.85, "trend": 18.1126, "fair_value": 20.840933, "relative_strength": -5.487608, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.443402, "energy": 35.401785, "activity_lines": [ 18.602278, 18.171754, 17.989932, 18.076959 ] }, { "date": "2023-11-17", "close": 18.894382, "volume": 299347, "typical_volume": 254698.05, "trend": 18.149781, "fair_value": 20.838572, "relative_strength": -6.948254, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.0293, "energy": 46.99975, "activity_lines": [ 18.754486, 18.368932, 18.06487, 18.127397 ] }, { "date": "2023-11-24", "close": 19.414796, "volume": 104136, "typical_volume": 253227.35, "trend": 18.215608, "fair_value": 20.843449, "relative_strength": -4.778696, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.824662, "energy": 58.491838, "activity_lines": [ 19.027563, 18.636159, 18.18921, 18.209011 ] }, { "date": "2023-12-01", "close": 19.381221, "volume": 152623, "typical_volume": 250862.4, "trend": 18.255297, "fair_value": 20.845726, "relative_strength": -5.154818, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.924659, "energy": 69.904083, "activity_lines": [ 19.199356, 18.843561, 18.306367, 18.284212 ] }, { "date": "2023-12-08", "close": 18.936351, "volume": 131518, "typical_volume": 247731.9, "trend": 18.298988, "fair_value": 20.845932, "relative_strength": -6.789042, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.427009, "energy": 57.348296, "activity_lines": [ 19.14004, 18.919411, 18.379291, 18.328151 ] }, { "date": "2023-12-15", "close": 19.154589, "volume": 192964, "typical_volume": 247979.75, "trend": 18.321439, "fair_value": 20.844849, "relative_strength": -7.361683, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.190796, "energy": 54.225381, "activity_lines": [ 19.159066, 19.005943, 18.472637, 18.383351 ] }, { "date": "2023-12-22", "close": 19.574277, "volume": 187869, "typical_volume": 249955.6, "trend": 18.378324, "fair_value": 20.849101, "relative_strength": -5.990438, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.235735, "energy": 50.949787, "activity_lines": [ 19.298402, 19.147263, 18.606051, 18.464179 ] }, { "date": "2023-12-29", "close": 19.666609, "volume": 103107, "typical_volume": 248280.4, "trend": 18.431293, "fair_value": 20.854161, "relative_strength": -5.657757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.318083, "energy": 52.914013, "activity_lines": [ 19.42319, 19.278664, 18.743014, 18.547294 ] }, { "date": "2024-01-05", "close": 19.658215, "volume": 113590, "typical_volume": 240231.15, "trend": 18.473221, "fair_value": 20.850844, "relative_strength": -3.890716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.356291, "energy": 65.005599, "activity_lines": [ 19.528391, 19.379389, 18.873917, 18.62645 ] }, { "date": "2024-01-12", "close": 19.322464, "volume": 150683, "typical_volume": 238079.1, "trend": 18.505572, "fair_value": 20.841472, "relative_strength": -6.864745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.241718, "energy": 55.653659, "activity_lines": [ 19.50321, 19.391446, 18.96413, 18.68124 ] }, { "date": "2024-01-19", "close": 19.104226, "volume": 126361, "typical_volume": 234093.05, "trend": 18.508589, "fair_value": 20.836684, "relative_strength": -8.476633, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.852022, "energy": 39.39827, "activity_lines": [ 19.379542, 19.358328, 19.024885, 18.719863 ] }, { "date": "2024-01-26", "close": 19.04547, "volume": 149625, "typical_volume": 229599.75, "trend": 18.514759, "fair_value": 20.829352, "relative_strength": -9.21395, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.705238, "energy": 26.473494, "activity_lines": [ 19.239646, 19.310102, 19.071091, 18.754501 ] }, { "date": "2024-02-02", "close": 18.961532, "volume": 109619, "typical_volume": 221032.5, "trend": 18.527546, "fair_value": 20.826814, "relative_strength": -10.406919, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.055114, "energy": 21.082756, "activity_lines": [ 19.107024, 19.243868, 19.102148, 18.783325 ] }, { "date": "2024-02-09", "close": 19.62464, "volume": 131468, "typical_volume": 205610.65, "trend": 18.548717, "fair_value": 20.829048, "relative_strength": -8.20101, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.117203, "energy": 23.674038, "activity_lines": [ 19.242444, 19.30644, 19.184447, 18.854105 ] }, { "date": "2024-02-16", "close": 19.347646, "volume": 64240, "typical_volume": 185771.75, "trend": 18.564959, "fair_value": 20.833668, "relative_strength": -8.832853, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.689179, "energy": 22.280767, "activity_lines": [ 19.28777, 19.314223, 19.225936, 18.905649 ] }, { "date": "2024-02-23", "close": 19.347646, "volume": 49078, "typical_volume": 172877.3, "trend": 18.57071, "fair_value": 20.843404, "relative_strength": -9.972128, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.381023, "energy": 28.490873, "activity_lines": [ 19.331418, 19.314528, 19.257872, 18.956145 ] }, { "date": "2024-03-01", "close": 19.280495, "volume": 129879, "typical_volume": 167793.55, "trend": 18.597627, "fair_value": 20.850455, "relative_strength": -10.770004, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.495163, "energy": 29.240543, "activity_lines": [ 19.336454, 19.299114, 19.276858, 19.001937 ] }, { "date": "2024-03-08", "close": 19.406402, "volume": 77035, "typical_volume": 154429.85, "trend": 18.625781, "fair_value": 20.856406, "relative_strength": -9.609708, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.685684, "energy": 26.898902, "activity_lines": [ 19.367791, 19.311934, 19.302239, 19.054116 ] }, { "date": "2024-03-15", "close": 20.883706, "volume": 4378664, "typical_volume": 358935.4, "trend": 18.727626, "fair_value": 20.875413, "relative_strength": -2.422649, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.148853, "energy": 40.581072, "activity_lines": [ 19.861904, 19.598085, 19.461921, 19.199789 ] }, { "date": "2024-03-22", "close": 20.580099, "volume": 428358, "typical_volume": 364933.55, "trend": 18.830262, "fair_value": 20.891313, "relative_strength": -5.57638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.312773, "energy": 51.848166, "activity_lines": [ 20.170877, 19.806754, 19.579617, 19.319303 ] }, { "date": "2024-03-29", "close": 21.404692, "volume": 135939, "typical_volume": 360805.15, "trend": 18.969617, "fair_value": 20.911472, "relative_strength": -1.810809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.446281, "energy": 71.216071, "activity_lines": [ 20.672552, 20.142482, 19.768418, 19.485396 ] }, { "date": "2024-04-05", "close": 20.658219, "volume": 180157, "typical_volume": 354845.65, "trend": 19.073459, "fair_value": 20.927694, "relative_strength": -4.085278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.465634, "energy": 65.959587, "activity_lines": [ 20.788265, 20.300661, 19.874013, 19.594338 ] }, { "date": "2024-04-12", "close": 20.658219, "volume": 144658, "typical_volume": 356871.75, "trend": 19.213393, "fair_value": 20.944139, "relative_strength": -2.445232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.8713, "energy": 57.796759, "activity_lines": [ 20.81213, 20.429518, 19.971209, 19.69658 ] }, { "date": "2024-04-19", "close": 20.102704, "volume": 235197, "typical_volume": 361000.45, "trend": 19.330333, "fair_value": 20.953807, "relative_strength": -1.916615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.48297, "energy": 35.826624, "activity_lines": [ 20.567369, 20.426523, 20.009577, 19.753955 ] }, { "date": "2024-04-26", "close": 20.649539, "volume": 179680, "typical_volume": 363408.55, "trend": 19.4406, "fair_value": 20.969125, "relative_strength": -1.758017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.243206, "energy": 29.320689, "activity_lines": [ 20.556953, 20.51426, 20.09659, 19.839065 ] }, { "date": "2024-05-03", "close": 20.727658, "volume": 175039, "typical_volume": 362512.3, "trend": 19.532487, "fair_value": 20.984005, "relative_strength": -1.77954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.876271, "energy": 24.207848, "activity_lines": [ 20.567948, 20.592531, 20.182884, 19.922101 ] }, { "date": "2024-05-10", "close": 21.560931, "volume": 177467, "typical_volume": 361992.2, "trend": 19.647672, "fair_value": 21.00302, "relative_strength": 0.391592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.036787, "energy": 35.627229, "activity_lines": [ 20.901835, 20.797214, 20.341046, 20.052968 ] }, { "date": "2024-05-17", "close": 22.246645, "volume": 148000, "typical_volume": 364236.85, "trend": 19.787114, "fair_value": 21.026297, "relative_strength": 2.031813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.545407, "energy": 57.377648, "activity_lines": [ 21.404114, 21.08511, 20.555055, 20.220644 ] }, { "date": "2024-05-24", "close": 20.962016, "volume": 285713, "typical_volume": 372843.0, "trend": 19.881216, "fair_value": 21.037497, "relative_strength": -3.697769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.028482, "energy": 47.378318, "activity_lines": [ 21.372287, 21.087796, 20.634432, 20.296444 ] }, { "date": "2024-05-31", "close": 21.916808, "volume": 134099, "typical_volume": 372013.8, "trend": 19.977767, "fair_value": 21.05312, "relative_strength": 1.14548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.653974, "energy": 54.603444, "activity_lines": [ 21.601437, 21.262657, 20.798533, 20.427773 ] }, { "date": "2024-06-07", "close": 21.838688, "volume": 147501, "typical_volume": 373070.8, "trend": 20.077029, "fair_value": 21.069627, "relative_strength": -0.350256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.280499, "energy": 45.436741, "activity_lines": [ 21.720063, 21.399011, 20.94284, 20.547832 ] }, { "date": "2024-06-14", "close": 20.927296, "volume": 98234, "typical_volume": 370501.25, "trend": 20.144793, "fair_value": 21.085161, "relative_strength": -5.890632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.96655, "energy": 33.83457, "activity_lines": [ 21.460822, 21.361766, 20.987326, 20.602688 ] }, { "date": "2024-06-21", "close": 20.311022, "volume": 260663, "typical_volume": 378053.45, "trend": 20.174667, "fair_value": 21.097817, "relative_strength": -8.938347, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.760413, "energy": 18.351654, "activity_lines": [ 21.038399, 21.207579, 20.964159, 20.613413 ] }, { "date": "2024-06-28", "close": 21.317893, "volume": 145120, "typical_volume": 378736.05, "trend": 20.239223, "fair_value": 21.115007, "relative_strength": -4.194498, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.868618, "energy": 17.287552, "activity_lines": [ 21.080642, 21.242772, 21.030458, 20.687169 ] }, { "date": "2024-07-05", "close": 21.508851, "volume": 95096, "typical_volume": 380278.85, "trend": 20.324973, "fair_value": 21.138647, "relative_strength": -4.965567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.553745, "energy": 20.051591, "activity_lines": [ 21.162812, 21.290591, 21.10688, 20.769081 ] }, { "date": "2024-07-12", "close": 23.088597, "volume": 126480, "typical_volume": 384148.95, "trend": 20.456107, "fair_value": 21.172727, "relative_strength": 1.117447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.712367, "energy": 40.599103, "activity_lines": [ 21.798761, 21.610012, 21.323463, 20.947379 ] }, { "date": "2024-07-19", "close": 22.229285, "volume": 124732, "typical_volume": 383891.6, "trend": 20.544607, "fair_value": 21.203979, "relative_strength": -0.610659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.456734, "energy": 55.949621, "activity_lines": [ 22.064945, 21.730268, 21.440393, 21.061777 ] }, { "date": "2024-07-26", "close": 22.411563, "volume": 77258, "typical_volume": 383902.75, "trend": 20.636106, "fair_value": 21.238276, "relative_strength": 1.10818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.100116, "energy": 62.772267, "activity_lines": [ 22.305089, 21.871514, 21.560641, 21.182226 ] }, { "date": "2024-08-02", "close": 22.80216, "volume": 93205, "typical_volume": 169629.8, "trend": 20.740904, "fair_value": 21.272575, "relative_strength": 5.055165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.014828, "energy": 67.627966, "activity_lines": [ 22.535397, 22.080779, 21.703778, 21.321972 ] }, { "date": "2024-08-09", "close": 24.329827, "volume": 133276, "typical_volume": 154875.7, "trend": 20.907816, "fair_value": 21.316577, "relative_strength": 11.894367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.166717, "energy": 75.325366, "activity_lines": [ 23.175975, 22.534345, 21.983271, 21.553515 ] }, { "date": "2024-08-16", "close": 24.355866, "volume": 154493, "typical_volume": 155803.4, "trend": 21.082871, "fair_value": 21.358313, "relative_strength": 7.577979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.588766, "energy": 77.343188, "activity_lines": [ 23.637169, 22.948772, 22.247389, 21.77597 ] }, { "date": "2024-08-23", "close": 25.1197, "volume": 100033, "typical_volume": 151797.2, "trend": 21.285345, "fair_value": 21.38618, "relative_strength": 9.184687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.256206, "energy": 86.689987, "activity_lines": [ 24.268489, 23.456311, 22.570199, 22.036411 ] }, { "date": "2024-08-30", "close": 24.120983, "volume": 89180, "typical_volume": 149023.3, "trend": 21.457327, "fair_value": 21.40575, "relative_strength": 4.355311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.37042, "energy": 80.102918, "activity_lines": [ 24.374208, 23.706039, 22.776649, 22.219355 ] }, { "date": "2024-09-06", "close": 23.503414, "volume": 110466, "typical_volume": 142786.75, "trend": 21.586619, "fair_value": 21.424782, "relative_strength": 5.894724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.068175, "energy": 62.743863, "activity_lines": [ 24.160111, 23.77421, 22.907793, 22.351361 ] }, { "date": "2024-09-13", "close": 23.539215, "volume": 104726, "typical_volume": 139039.05, "trend": 21.726338, "fair_value": 21.440484, "relative_strength": 1.762253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.047893, "energy": 46.632308, "activity_lines": [ 23.911196, 23.809154, 23.026153, 22.477335 ] }, { "date": "2024-09-20", "close": 23.915126, "volume": 177237, "typical_volume": 139148.95, "trend": 21.878587, "fair_value": 21.438861, "relative_strength": 1.796255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.516163, "energy": 33.32434, "activity_lines": [ 23.840293, 23.875529, 23.166553, 22.618547 ] }, { "date": "2024-09-27", "close": 24.577447, "volume": 132399, "typical_volume": 136895.55, "trend": 22.055152, "fair_value": 21.447075, "relative_strength": 3.934607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.716155, "energy": 37.136716, "activity_lines": [ 24.019546, 24.047299, 23.354853, 22.792667 ] }, { "date": "2024-10-04", "close": 24.68485, "volume": 100427, "typical_volume": 134516.9, "trend": 22.231101, "fair_value": 21.452512, "relative_strength": 4.080987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.092413, "energy": 43.864707, "activity_lines": [ 24.270751, 24.195903, 23.539018, 22.962325 ] }, { "date": "2024-10-11", "close": 23.950928, "volume": 146529, "typical_volume": 127557.7, "trend": 22.333341, "fair_value": 21.456248, "relative_strength": -0.107651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.69983, "energy": 39.612486, "activity_lines": [ 24.239723, 24.169733, 23.641675, 23.073281 ] }, { "date": "2024-10-18", "close": 23.539215, "volume": 135711, "typical_volume": 127638.3, "trend": 22.431979, "fair_value": 21.462198, "relative_strength": -2.521067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.825746, "energy": 31.263012, "activity_lines": [ 24.041624, 24.047821, 23.690888, 23.151079 ] }, { "date": "2024-10-25", "close": 22.313028, "volume": 176448, "typical_volume": 129085.65, "trend": 22.462256, "fair_value": 21.45354, "relative_strength": -6.441755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.574463, "energy": 11.855912, "activity_lines": [ 23.434795, 23.717339, 23.615596, 23.143405 ] }, { "date": "2024-11-01", "close": 21.588056, "volume": 269458, "typical_volume": 137646.85, "trend": 22.493251, "fair_value": 21.438848, "relative_strength": -7.932105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -11.682345, "energy": 23.44556, "activity_lines": [ 22.693116, 23.292188, 23.469, 23.087005 ] }, { "date": "2024-11-08", "close": 20.863084, "volume": 313846, "typical_volume": 140306.0, "trend": 22.50008, "fair_value": 21.414656, "relative_strength": -14.722426, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -41.938884, "energy": 55.117123, "activity_lines": [ 21.909072, 22.799435, 23.250213, 22.981833 ] }, { "date": "2024-11-15", "close": 19.959106, "volume": 645827, "typical_volume": 165341.35, "trend": 22.495293, "fair_value": 21.388044, "relative_strength": -16.354105, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.802633, "energy": 73.745306, "activity_lines": [ 21.078487, 22.201556, 22.942703, 22.817899 ] }, { "date": "2024-11-22", "close": 20.299217, "volume": 413326, "typical_volume": 181252.85, "trend": 22.483616, "fair_value": 21.364535, "relative_strength": -15.960677, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.897977, "energy": 75.600377, "activity_lines": [ 20.627393, 21.729958, 22.674056, 22.676217 ] }, { "date": "2024-11-29", "close": 19.860653, "volume": 208292, "typical_volume": 185343.45, "trend": 22.454716, "fair_value": 21.341359, "relative_strength": -18.356623, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.194456, "energy": 79.381226, "activity_lines": [ 20.246112, 21.237531, 22.369401, 22.506994 ] }, { "date": "2024-12-06", "close": 20.522973, "volume": 296901, "typical_volume": 193951.9, "trend": 22.420117, "fair_value": 21.313045, "relative_strength": -16.046508, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.062289, "energy": 82.639997, "activity_lines": [ 20.249095, 20.939242, 22.143195, 22.382365 ] }, { "date": "2024-12-13", "close": 19.7443, "volume": 285252, "typical_volume": 204351.6, "trend": 22.336706, "fair_value": 21.267908, "relative_strength": -18.418217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.0233, "energy": 74.50741, "activity_lines": [ 20.063526, 20.573095, 21.850955, 22.209732 ] }, { "date": "2024-12-20", "close": 19.10883, "volume": 862640, "typical_volume": 242823.35, "trend": 22.274933, "fair_value": 21.219298, "relative_strength": -19.198498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.947921, "energy": 74.512087, "activity_lines": [ 19.740719, 20.181236, 21.510895, 22.001482 ] }, { "date": "2024-12-27", "close": 19.75325, "volume": 274992, "typical_volume": 249909.15, "trend": 22.202814, "fair_value": 21.180828, "relative_strength": -16.666581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.830108, "energy": 58.168752, "activity_lines": [ 19.689405, 19.994582, 21.249796, 21.838792 ] }, { "date": "2025-01-03", "close": 20.200764, "volume": 180627, "typical_volume": 251215.85, "trend": 22.148217, "fair_value": 21.144348, "relative_strength": -13.988316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.586181, "energy": 54.14153, "activity_lines": [ 19.823659, 19.95813, 21.05311, 21.709628 ] }, { "date": "2025-01-10", "close": 20.021758, "volume": 202263, "typical_volume": 256327.35, "trend": 22.118032, "fair_value": 21.099511, "relative_strength": -12.790045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.196351, "energy": 51.006523, "activity_lines": [ 19.87557, 19.927536, 20.859163, 21.572437 ] }, { "date": "2025-01-17", "close": 20.09336, "volume": 348913, "typical_volume": 269314.0, "trend": 22.110777, "fair_value": 21.059662, "relative_strength": -14.712319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.428878, "energy": 38.190846, "activity_lines": [ 19.984764, 19.938439, 20.69631, 21.441813 ] }, { "date": "2025-01-24", "close": 20.245515, "volume": 216096, "typical_volume": 274595.5, "trend": 22.075031, "fair_value": 21.020141, "relative_strength": -15.275714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.798924, "energy": 33.043675, "activity_lines": [ 20.121404, 19.991002, 20.567128, 21.321474 ] }, { "date": "2025-01-31", "close": 20.308167, "volume": 248964, "typical_volume": 281807.4, "trend": 22.035008, "fair_value": 20.979312, "relative_strength": -13.930128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.928723, "energy": 29.890008, "activity_lines": [ 20.20315, 20.049748, 20.459426, 21.207482 ] }, { "date": "2025-02-07", "close": 20.585625, "volume": 388146, "typical_volume": 292352.85, "trend": 21.951576, "fair_value": 20.94761, "relative_strength": -12.36997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.351822, "energy": 23.620014, "activity_lines": [ 20.340388, 20.158779, 20.393535, 21.113974 ] }, { "date": "2025-02-14", "close": 20.943636, "volume": 263999, "typical_volume": 298932.85, "trend": 21.908721, "fair_value": 20.922548, "relative_strength": -11.940469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.222368, "energy": 20.532318, "activity_lines": [ 20.571305, 20.319721, 20.377595, 21.048945 ] }, { "date": "2025-02-21", "close": 21.39115, "volume": 207273, "typical_volume": 304275.15, "trend": 21.874707, "fair_value": 20.896102, "relative_strength": -8.463445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.773141, "energy": 14.617611, "activity_lines": [ 20.889935, 20.554381, 20.42158, 21.015554 ] }, { "date": "2025-02-28", "close": 20.40662, "volume": 228335, "typical_volume": 308365.45, "trend": 21.794855, "fair_value": 20.864223, "relative_strength": -11.667134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.926646, "energy": 16.237507, "activity_lines": [ 20.793868, 20.580092, 20.387483, 20.920839 ] }, { "date": "2025-03-07", "close": 22.142973, "volume": 360465, "typical_volume": 319603.15, "trend": 21.72196, "fair_value": 20.846526, "relative_strength": -1.113988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.302605, "energy": 23.976142, "activity_lines": [ 21.265846, 20.897908, 20.535632, 20.943298 ] }, { "date": "2025-03-14", "close": 22.018502, "volume": 412098, "typical_volume": 331385.65, "trend": 21.644048, "fair_value": 20.831131, "relative_strength": 0.732003, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.088851, "energy": 33.292023, "activity_lines": [ 21.574013, 21.149644, 20.678574, 20.962429 ] }, { "date": "2025-03-21", "close": 21.120732, "volume": 426285, "typical_volume": 339227.0, "trend": 21.510749, "fair_value": 20.797532, "relative_strength": -3.744103, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.392208, "energy": 21.680289, "activity_lines": [ 21.487398, 21.205099, 20.737418, 20.928667 ] }, { "date": "2025-03-28", "close": 20.482113, "volume": 379913, "typical_volume": 342530.35, "trend": 21.389454, "fair_value": 20.763815, "relative_strength": -5.041913, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.120407, "energy": 17.138539, "activity_lines": [ 21.176104, 21.12446, 20.737666, 20.862303 ] }, { "date": "2025-04-04", "close": 19.686152, "volume": 616420, "typical_volume": 341060.0, "trend": 21.262211, "fair_value": 20.720357, "relative_strength": 0.437242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.331557, "energy": 23.384872, "activity_lines": [ 20.660092, 20.892032, 20.663922, 20.752413 ] }, { "date": "2025-04-11", "close": 20.815306, "volume": 615507, "typical_volume": 351169.05, "trend": 21.171415, "fair_value": 20.684469, "relative_strength": 0.595902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.302831, "energy": 22.587632, "activity_lines": [ 20.568496, 20.875076, 20.699016, 20.72358 ] }, { "date": "2025-04-18", "close": 21.32435, "volume": 334178, "typical_volume": 357463.35, "trend": 21.085055, "fair_value": 20.651986, "relative_strength": 4.561538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.552278, "energy": 13.242106, "activity_lines": [ 20.735093, 20.941452, 20.780133, 20.733447 ] }, { "date": "2025-04-25", "close": 21.611267, "volume": 308751, "typical_volume": 358055.85, "trend": 20.986183, "fair_value": 20.622194, "relative_strength": 1.400876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.54306, "energy": 7.779127, "activity_lines": [ 21.043605, 21.046563, 20.881606, 20.767396 ] }, { "date": "2025-05-02", "close": 21.851906, "volume": 263384, "typical_volume": 356962.45, "trend": 20.891751, "fair_value": 20.587838, "relative_strength": -0.262411, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.420356, "energy": 32.337926, "activity_lines": [ 21.399627, 21.183289, 21.000814, 20.823249 ] }, { "date": "2025-05-09", "close": 21.96297, "volume": 248944, "typical_volume": 326277.65, "trend": 20.825486, "fair_value": 20.554005, "relative_strength": 0.825051, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.016533, "energy": 52.492533, "activity_lines": [ 21.701352, 21.33183, 21.120564, 20.89236 ] }, { "date": "2025-05-16", "close": 21.509458, "volume": 312133, "typical_volume": 328134.7, "trend": 20.757827, "fair_value": 20.509502, "relative_strength": -5.921201, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.237051, "energy": 50.290471, "activity_lines": [ 21.700118, 21.369618, 21.183531, 20.936488 ] }, { "date": "2025-05-23", "close": 20.80605, "volume": 311539, "typical_volume": 334680.3, "trend": 20.707595, "fair_value": 20.464513, "relative_strength": -6.431621, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.569953, "energy": 31.043961, "activity_lines": [ 21.418138, 21.291031, 21.171144, 20.939599 ] }, { "date": "2025-05-30", "close": 20.750518, "volume": 241909, "typical_volume": 336662.6, "trend": 20.679677, "fair_value": 20.426789, "relative_strength": -7.991987, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.887436, "energy": 11.722712, "activity_lines": [ 21.152201, 21.224393, 21.150585, 20.942368 ] }, { "date": "2025-06-06", "close": 21.157754, "volume": 279268, "typical_volume": 333180.35, "trend": 20.689499, "fair_value": 20.39551, "relative_strength": -7.42911, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.576873, "energy": 14.91943, "activity_lines": [ 21.079392, 21.238528, 21.165341, 20.973212 ] }, { "date": "2025-06-13", "close": 19.880514, "volume": 289338, "typical_volume": 336842.45, "trend": 20.686879, "fair_value": 20.365416, "relative_strength": -12.452055, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.145227, "energy": 20.375138, "activity_lines": [ 20.627113, 21.008154, 21.053386, 20.921019 ] }, { "date": "2025-06-20", "close": 20.019345, "volume": 420959, "typical_volume": 345442.2, "trend": 20.67755, "fair_value": 20.347667, "relative_strength": -11.516959, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.672427, "energy": 29.487626, "activity_lines": [ 20.359942, 20.799487, 20.956392, 20.877952 ] }, { "date": "2025-06-27", "close": 19.778705, "volume": 428229, "typical_volume": 347446.35, "trend": 20.674819, "fair_value": 20.330601, "relative_strength": -15.192463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.035535, "energy": 42.482442, "activity_lines": [ 20.111898, 20.56154, 20.837855, 20.819962 ] }, { "date": "2025-07-04", "close": 20.944881, "volume": 286456, "typical_volume": 348569.2, "trend": 20.688882, "fair_value": 20.323282, "relative_strength": -11.430976, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.545958, "energy": 34.227559, "activity_lines": [ 20.321069, 20.563728, 20.834224, 20.837386 ] }, { "date": "2025-07-11", "close": 20.047111, "volume": 373170, "typical_volume": 356864.05, "trend": 20.698976, "fair_value": 20.310965, "relative_strength": -14.576675, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.878816, "energy": 36.130031, "activity_lines": [ 20.218027, 20.414801, 20.745086, 20.795981 ] }, { "date": "2025-07-18", "close": 20.371048, "volume": 298635, "typical_volume": 360379.05, "trend": 20.74105, "fair_value": 20.301009, "relative_strength": -13.36622, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.693558, "energy": 20.496576, "activity_lines": [ 20.297005, 20.357586, 20.693199, 20.774824 ] }, { "date": "2025-07-25", "close": 21.361372, "volume": 226383, "typical_volume": 353674.95, "trend": 20.794654, "fair_value": 20.292952, "relative_strength": -10.136298, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.078366, "energy": 9.736303, "activity_lines": [ 20.67339, 20.509374, 20.735798, 20.814845 ] }, { "date": "2025-08-01", "close": 21.268818, "volume": 419668, "typical_volume": 354053.45, "trend": 20.830256, "fair_value": 20.282361, "relative_strength": -7.879672, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.191052, "energy": 12.231873, "activity_lines": [ 20.929455, 20.647026, 20.773304, 20.845436 ] }, { "date": "2025-08-08", "close": 21.648288, "volume": 308249, "typical_volume": 348151.65, "trend": 20.884474, "fair_value": 20.27051, "relative_strength": -7.927516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.024568, "energy": 24.354667, "activity_lines": [ 21.212669, 20.845259, 20.85052, 20.898213 ] }, { "date": "2025-08-15", "close": 21.120732, "volume": 252646, "typical_volume": 341788.3, "trend": 20.918719, "fair_value": 20.255256, "relative_strength": -10.501345, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.558475, "energy": 22.811703, "activity_lines": [ 21.273137, 20.93125, 20.874981, 20.913455 ] }, { "date": "2025-08-22", "close": 21.333606, "volume": 263216, "typical_volume": 324128.1, "trend": 20.954989, "fair_value": 20.244927, "relative_strength": -9.281783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.881856, "energy": 29.927336, "activity_lines": [ 21.332989, 21.056618, 20.916674, 20.940222 ] }, { "date": "2025-08-29", "close": 19.74333, "volume": 893250, "typical_volume": 338015.25, "trend": 20.936161, "fair_value": 20.229348, "relative_strength": -15.442956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.521107, "energy": 17.338065, "activity_lines": [ 20.798578, 20.866425, 20.799067, 20.862051 ] }, { "date": "2025-09-05", "close": 18.788941, "volume": 707383, "typical_volume": 356675.5, "trend": 20.876272, "fair_value": 20.207206, "relative_strength": -19.158169, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.103372, "energy": 57.342198, "activity_lines": [ 20.053906, 20.507726, 20.595671, 20.72352 ] }, { "date": "2025-09-12", "close": 18.808221, "volume": 734589, "typical_volume": 377967.4, "trend": 20.805091, "fair_value": 20.184495, "relative_strength": -19.734123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.748326, "energy": 77.142532, "activity_lines": [ 19.480987, 20.170527, 20.406184, 20.590098 ] }, { "date": "2025-09-19", "close": 18.808221, "volume": 820087, "typical_volume": 405802.55, "trend": 20.718993, "fair_value": 20.173353, "relative_strength": -20.100674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.183437, "energy": 81.764873, "activity_lines": [ 19.097405, 19.872177, 20.230046, 20.461267 ] }, { "date": "2025-09-26", "close": 18.355127, "volume": 610734, "typical_volume": 423892.05, "trend": 20.65061, "fair_value": 20.165932, "relative_strength": -21.128551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.938535, "energy": 85.449107, "activity_lines": [ 18.71696, 19.513971, 20.025249, 20.30876 ] }, { "date": "2025-10-03", "close": 18.316566, "volume": 621664, "typical_volume": 439368.6, "trend": 20.523063, "fair_value": 20.160389, "relative_strength": -21.4662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.294924, "energy": 86.437377, "activity_lines": [ 18.522226, 19.185408, 19.833959, 20.158176 ] }, { "date": "2025-10-10", "close": 18.306926, "volume": 515382, "typical_volume": 449560.75, "trend": 20.399344, "fair_value": 20.158592, "relative_strength": -18.944713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.552581, "energy": 83.709694, "activity_lines": [ 18.419396, 18.910452, 19.656957, 20.0152 ] }, { "date": "2025-10-17", "close": 18.278005, "volume": 619577, "typical_volume": 468444.15, "trend": 20.304587, "fair_value": 20.150577, "relative_strength": -19.867674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.669737, "energy": 77.359206, "activity_lines": [ 18.33906, 18.68409, 19.4891, 19.878339 ] }, { "date": "2025-10-24", "close": 18.355127, "volume": 457515, "typical_volume": 477356.5, "trend": 20.233687, "fair_value": 20.131538, "relative_strength": -20.527904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.649561, "energy": 65.483344, "activity_lines": [ 18.319779, 18.533028, 19.340362, 19.752567 ] }, { "date": "2025-10-31", "close": 18.682897, "volume": 688502, "typical_volume": 497314.7, "trend": 20.200245, "fair_value": 20.11633, "relative_strength": -19.183816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.21997, "energy": 52.43275, "activity_lines": [ 18.439962, 18.491844, 19.236186, 19.652516 ] }, { "date": "2025-11-07", "close": 18.567214, "volume": 691061, "typical_volume": 510819.8, "trend": 20.125309, "fair_value": 20.101319, "relative_strength": -18.001895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.606969, "energy": 42.535405, "activity_lines": [ 18.499732, 18.477822, 19.126695, 19.54716 ] }, { "date": "2025-11-14", "close": 20.119302, "volume": 592716, "typical_volume": 519044.15, "trend": 20.085141, "fair_value": 20.093341, "relative_strength": -11.044014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.916684, "energy": 16.965315, "activity_lines": [ 19.060154, 18.767381, 19.171938, 19.546772 ] }, { "date": "2025-11-21", "close": 21.642469, "volume": 434375, "typical_volume": 526440.1, "trend": 20.086181, "fair_value": 20.089244, "relative_strength": -2.343762, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.112668, "energy": 27.442288, "activity_lines": [ 20.007474, 19.309692, 19.360622, 19.647245 ] }, { "date": "2025-11-28", "close": 21.536425, "volume": 327250, "typical_volume": 524144.1, "trend": 20.075665, "fair_value": 20.082637, "relative_strength": -6.187204, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.1797, "energy": 51.635011, "activity_lines": [ 20.695149, 19.78119, 19.535885, 19.740809 ] }, { "date": "2025-12-05", "close": 21.03513, "volume": 308363, "typical_volume": 524630.5, "trend": 20.044737, "fair_value": 20.068269, "relative_strength": -8.495014, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.394054, "energy": 63.623435, "activity_lines": [ 21.003638, 20.11194, 19.656313, 19.80271 ] }, { "date": "2025-12-12", "close": 21.006209, "volume": 215429, "typical_volume": 524082.8, "trend": 20.027962, "fair_value": 20.070376, "relative_strength": -7.974673, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.58842, "energy": 68.71537, "activity_lines": [ 21.145672, 20.388704, 19.770825, 19.86474 ] }, { "date": "2025-12-19", "close": 20.341028, "volume": 354843, "typical_volume": 520841.55, "trend": 20.012461, "fair_value": 20.088787, "relative_strength": -10.852465, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.814768, "energy": 57.032629, "activity_lines": [ 20.903379, 20.495624, 19.823677, 19.884938 ] }, { "date": "2025-12-26", "close": 20.880885, "volume": 160060, "typical_volume": 513432.1, "trend": 20.016807, "fair_value": 20.109916, "relative_strength": -9.601927, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.588611, "energy": 32.382277, "activity_lines": [ 20.826257, 20.663715, 19.932363, 19.940966 ] }, { "date": "2026-01-02", "close": 21.073691, "volume": 177920, "typical_volume": 509695.8, "trend": 20.014004, "fair_value": 20.12358, "relative_strength": -7.618428, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.707137, "energy": 33.124576, "activity_lines": [ 20.864175, 20.819538, 20.063065, 20.009152 ] }, { "date": "2026-01-09", "close": 21.160454, "volume": 215134, "typical_volume": 507291.7, "trend": 20.056669, "fair_value": 20.132461, "relative_strength": -8.462499, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.263446, "energy": 40.388328, "activity_lines": [ 20.961864, 20.941707, 20.202254, 20.083116 ] }, { "date": "2026-01-16", "close": 21.526785, "volume": 261146, "typical_volume": 475686.5, "trend": 20.106917, "fair_value": 20.138251, "relative_strength": -6.396866, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.536292, "energy": 48.145672, "activity_lines": [ 21.173307, 21.085435, 20.377157, 20.177962 ] }, { "date": "2026-01-23", "close": 22.163045, "volume": 250419, "typical_volume": 452838.3, "trend": 20.186395, "fair_value": 20.149999, "relative_strength": -3.204632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.266353, "energy": 68.258635, "activity_lines": [ 21.562133, 21.291036, 20.604163, 20.310616 ] }, { "date": "2026-01-30", "close": 21.748512, "volume": 197376, "typical_volume": 425977.65, "trend": 20.213183, "fair_value": 20.158595, "relative_strength": -5.242543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.193121, "energy": 66.466491, "activity_lines": [ 21.691313, 21.384109, 20.775622, 20.411398 ] }, { "date": "2026-02-06", "close": 23.117434, "volume": 391024, "typical_volume": 404524.5, "trend": 20.315527, "fair_value": 20.184668, "relative_strength": 0.988548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.586162, "energy": 82.425555, "activity_lines": [ 22.218958, 21.724148, 21.063454, 20.598769 ] }, { "date": "2026-02-13", "close": 23.088513, "volume": 291836, "typical_volume": 388579.6, "trend": 20.406109, "fair_value": 20.210703, "relative_strength": 2.22706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.78093, "energy": 88.269048, "activity_lines": [ 22.600714, 22.030184, 21.328011, 20.777671 ] }, { "date": "2026-02-20", "close": 22.914988, "volume": 250396, "typical_volume": 370016.2, "trend": 20.457896, "fair_value": 20.240274, "relative_strength": 0.493947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.115726, "energy": 87.162878, "activity_lines": [ 22.796091, 22.267335, 21.553502, 20.939534 ] }, { "date": "2026-02-27", "close": 23.069233, "volume": 337631, "typical_volume": 361128.65, "trend": 20.51791, "fair_value": 20.267719, "relative_strength": 1.743815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.184268, "energy": 87.277882, "activity_lines": [ 22.950336, 22.497826, 21.771786, 21.108007 ] }, { "date": "2026-03-06", "close": 21.652109, "volume": 302941, "typical_volume": 345296.85, "trend": 20.518037, "fair_value": 20.291715, "relative_strength": -2.192238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.536918, "energy": 53.610931, "activity_lines": [ 22.571793, 22.421054, 21.832428, 21.181182 ] }, { "date": "2026-03-13", "close": 20.659158, "volume": 367405, "typical_volume": 340791.35, "trend": 20.502652, "fair_value": 20.309396, "relative_strength": -4.789449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.60642, "energy": 21.221217, "activity_lines": [ 21.868694, 22.149724, 21.782437, 21.190286 ] }, { "date": "2026-03-20", "close": 19.955417, "volume": 2821022, "typical_volume": 447417.35, "trend": 20.456712, "fair_value": 20.317523, "relative_strength": -5.955288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.70204, "energy": 20.403635, "activity_lines": [ 21.0949, 21.757977, 21.65445, 21.154981 ] }, { "date": "2026-03-27", "close": 21.21, "volume": 645175, "typical_volume": 445123.05, "trend": 20.505601, "fair_value": 20.32865, "relative_strength": 2.470789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.964174, "energy": 26.325396, "activity_lines": [ 20.948173, 21.616246, 21.639888, 21.20358 ] }, { "date": "2026-04-03", "close": 20.95, "volume": 411896, "typical_volume": 436082.05, "trend": 20.577636, "fair_value": 20.342304, "relative_strength": -1.7083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.639438, "energy": 25.098094, "activity_lines": [ 20.828445, 21.433002, 21.58798, 21.232251 ] }, { "date": "2026-04-10", "close": 20.92, "volume": 547248, "typical_volume": 441725.7, "trend": 20.648029, "fair_value": 20.358507, "relative_strength": -4.775537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.876227, "energy": 21.050013, "activity_lines": [ 20.839999, 21.266359, 21.529258, 21.254339 ] }, { "date": "2026-04-17", "close": 21.12, "volume": 537276, "typical_volume": 452227.0, "trend": 20.725088, "fair_value": 20.379924, "relative_strength": -7.399789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.057823, "energy": 12.684855, "activity_lines": [ 20.967028, 21.151144, 21.493025, 21.284788 ] }, { "date": "2026-04-24", "close": 20.74, "volume": 337919, "typical_volume": 453704.8, "trend": 20.804584, "fair_value": 20.401078, "relative_strength": -8.969531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.210482, "energy": 10.551065, "activity_lines": [ 20.936667, 21.003155, 21.422584, 21.28575 ] }, { "date": "2026-05-01", "close": 19.9, "volume": 535794, "typical_volume": 469723.05, "trend": 20.857365, "fair_value": 20.412036, "relative_strength": -12.87194, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.791523, "energy": 25.9627, "activity_lines": [ 20.574, 20.745138, 21.273549, 21.22739 ] }, { "date": "2026-05-08", "close": 20.53, "volume": 461991, "typical_volume": 475080.45, "trend": 20.931468, "fair_value": 20.430654, "relative_strength": -11.562776, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.758175, "energy": 26.304268, "activity_lines": [ 20.508667, 20.656485, 21.189781, 21.20627 ] }, { "date": "2026-05-15", "close": 19.26, "volume": 514292, "typical_volume": 492792.05, "trend": 20.964201, "fair_value": 20.435647, "relative_strength": -16.66994, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.962746, "energy": 57.257081, "activity_lines": [ 20.048, 20.383091, 20.984161, 21.098433 ] }, { "date": "2026-05-22", "close": 18.88, "volume": 525473, "typical_volume": 510169.7, "trend": 20.981697, "fair_value": 20.442136, "relative_strength": -18.470314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.46975, "energy": 75.474044, "activity_lines": [ 19.571333, 20.084098, 20.750068, 20.963969 ] }, { "date": "2026-05-29", "close": 18.19, "volume": 612110, "typical_volume": 530018.5, "trend": 20.965267, "fair_value": 20.442856, "relative_strength": -22.01708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.263111, "energy": 81.922789, "activity_lines": [ 19.014, 19.692, 20.460708, 20.783859 ] }, { "date": "2026-06-05", "close": 18.12, "volume": 855277, "typical_volume": 559725.05, "trend": 20.95036, "fair_value": 20.441059, "relative_strength": -19.765375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.697436, "energy": 86.741226, "activity_lines": [ 18.603333, 19.319273, 20.178826, 20.600294 ] }, { "date": "2026-06-12", "close": 17.54, "volume": 1623434, "typical_volume": 628375.8, "trend": 20.864383, "fair_value": 20.435854, "relative_strength": -22.283513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.066368, "energy": 90.266397, "activity_lines": [ 18.118, 18.897273, 19.857929, 20.38027 ] }, { "date": "2026-06-19", "close": 17.46, "volume": 1150841, "typical_volume": 676049.05, "trend": 20.724967, "fair_value": 20.425895, "relative_strength": -22.830879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.856724, "energy": 89.522626, "activity_lines": [ 17.805333, 18.522727, 19.551427, 20.160633 ] }, { "date": "2026-06-26", "close": 18.07, "volume": 1086693, "typical_volume": 710832.5, "trend": 20.60942, "fair_value": 20.420828, "relative_strength": -17.786692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.101722, "energy": 84.068642, "activity_lines": [ 17.816, 18.322, 19.323442, 19.989345 ] }, { "date": "2026-07-03", "close": 17.95, "volume": 815192, "typical_volume": 737000.3, "trend": 20.506582, "fair_value": 20.416803, "relative_strength": -19.563205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.951678, "energy": 68.627483, "activity_lines": [ 17.840667, 18.154909, 19.108064, 19.817769 ] }, { "date": "2026-07-10", "close": 18.52, "volume": 1561839, "typical_volume": 802572.45, "trend": 20.423708, "fair_value": 20.413794, "relative_strength": -17.705951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.614108, "energy": 51.922644, "activity_lines": [ 18.071333, 18.142182, 18.971441, 19.689603 ] }, { "date": "2026-07-17", "close": 19.71, "volume": 916528, "typical_volume": 831517.3, "trend": 20.402674, "fair_value": 20.41924, "relative_strength": -10.681174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.841122, "energy": 27.655086, "activity_lines": [ 18.672, 18.370909, 18.969079, 19.643557 ] }, { "date": "2026-07-24", "close": 19.69, "volume": 647662, "typical_volume": 848753.35, "trend": 20.362978, "fair_value": 20.42254, "relative_strength": -9.821648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.335426, "energy": 24.335513, "activity_lines": [ 19.121333, 18.610909, 18.980809, 19.597578 ] }, { "date": "2026-07-31", "close": 19.69, "volume": 622590, "typical_volume": 861512.6, "trend": 20.316855, "fair_value": 20.430342, "relative_strength": -10.319094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.024766, "energy": 25.050948, "activity_lines": [ 19.422, 18.843091, 19.001883, 19.55416 ] }, { "date": "2026-08-07", "close": 20.03, "volume": 505879, "typical_volume": 745755.45, "trend": 20.279173, "fair_value": 20.439753, "relative_strength": -11.375288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.435347, "energy": 25.045536, "activity_lines": [ 19.728, 19.122364, 19.059952, 19.535653 ] } ], "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." } } }