{ "ticker": { "uuid": "90065f3c-39e7-4afa-83d8-bfd018c4c368", "symbol": "8422", "name": "Cleanaway Company Limited", "exchange": "TAI", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 84.277, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.193, "architecture_energy": 35.601, "architecture_maturity": 28.484, "architecture_confidence": 87.876, "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": 32.01, "rotation_up": 17.63, "upward_expansion": 3.95, "deceleration": 47.74, "rotation_down": 53.94, "downward_expansion": 77.28 }, "activity_lines": [ 25.953333, 26.308038, 26.4883, 27.08418 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 26.4, "trend_reference": 28.728546, "distance_from_trend": -0.081053, "trend_direction": "Improving", "fair_value": 19.574174, "distance_from_fair_value": 0.348716, "fair_value_direction": "Improving", "relative_strength": -26.767608, "relative_strength_direction": "Improving", "price_momentum": -0.205497, "excess_performance": -0.646869, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.081053, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.014288, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.348716, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019499, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.267676, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00709, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.205497, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.278946, "read": "Demand-led" } ], "volume": { "latest": 20725905, "relative_activity": 0.407272, "balance": 4.278946, "dry_up": 0.616483, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.074678, "annualized_volatility": 0.290026, "from_high_reference": -0.4688, "from_low_reference": 0.439648 }, "levels": { "trend_reference": 28.728546, "fair_value_reference": 19.574174, "structural_low": 24.049999, "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": 16, "median_return": 0.016859, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.011508, "regime_survival": 0.75, "best_return": 0.053581, "worst_return": -0.126984, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.031519, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.020964, "regime_survival": 0.2, "best_return": 0.102102, "worst_return": -0.100958, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.078124, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.030387, "regime_survival": 0.0, "best_return": 0.165165, "worst_return": -0.12954, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.10665, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.061922, "regime_survival": 0.0, "best_return": 0.90472, "worst_return": -0.023007, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-22", "end": "2024-04-19", "tenure": "Established", "return": 0.064972, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-08-02", "tenure": "Established", "return": -0.010533, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.030471, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-10-11", "tenure": "Developing", "return": -0.041885, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-29", "tenure": "Developing", "return": -0.01626, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.013812, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-02-28", "tenure": "Developing", "return": 0.030555, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.034667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.05483, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.065574, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-02-27", "tenure": "Extended", "return": 0.900491, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": -0.132813, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.035842, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-08-14", "tenure": "Developing", "return": -0.018887, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 15.741811, "volume": 20834050, "typical_volume": 12748259.5, "trend": 15.953736, "fair_value": 14.323599, "relative_strength": -5.058122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.123984, "energy": 21.409446, "activity_lines": [ 16.255069, 16.559566, 16.581146, 16.328962 ] }, { "date": "2023-08-18", "close": 15.483748, "volume": 19389690, "typical_volume": 13328185.0, "trend": 15.982548, "fair_value": 14.350396, "relative_strength": -5.374854, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.667447, "energy": 38.808269, "activity_lines": [ 15.953995, 16.325432, 16.497805, 16.29864 ] }, { "date": "2023-08-25", "close": 15.526758, "volume": 7433860, "typical_volume": 13572452.5, "trend": 16.010064, "fair_value": 14.371841, "relative_strength": -5.677118, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.098631, "energy": 54.169325, "activity_lines": [ 15.744678, 16.128076, 16.418149, 16.269235 ] }, { "date": "2023-09-01", "close": 15.655791, "volume": 10328820, "typical_volume": 13890853.5, "trend": 16.030961, "fair_value": 14.397866, "relative_strength": -5.831154, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.060374, "energy": 60.004778, "activity_lines": [ 15.647188, 15.980866, 16.350166, 16.246378 ] }, { "date": "2023-09-08", "close": 15.440739, "volume": 8256060, "typical_volume": 13970051.0, "trend": 16.040595, "fair_value": 14.42298, "relative_strength": -6.667158, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.26332, "energy": 63.042666, "activity_lines": [ 15.541096, 15.827832, 16.260472, 16.208299 ] }, { "date": "2023-09-15", "close": 15.526758, "volume": 6856130, "typical_volume": 14092700.0, "trend": 16.05173, "fair_value": 14.447709, "relative_strength": -7.859708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.791841, "energy": 51.207374, "activity_lines": [ 15.526759, 15.725389, 16.177788, 16.175149 ] }, { "date": "2023-09-22", "close": 15.397729, "volume": 7326700, "typical_volume": 13792068.0, "trend": 16.050375, "fair_value": 14.471844, "relative_strength": -5.263863, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.188374, "energy": 49.785404, "activity_lines": [ 15.483749, 15.623728, 16.082201, 16.132955 ] }, { "date": "2023-09-29", "close": 15.182676, "volume": 13118800, "typical_volume": 13661542.0, "trend": 16.041851, "fair_value": 14.494132, "relative_strength": -6.419836, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.84124, "energy": 58.039039, "activity_lines": [ 15.374789, 15.505645, 15.968471, 16.076974 ] }, { "date": "2023-10-06", "close": 14.967625, "volume": 22967800, "typical_volume": 14160453.0, "trend": 16.028889, "fair_value": 14.515511, "relative_strength": -8.395324, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.513835, "energy": 77.830934, "activity_lines": [ 15.217085, 15.373486, 15.839962, 16.007669 ] }, { "date": "2023-10-13", "close": 15.010635, "volume": 8344860, "typical_volume": 13929385.0, "trend": 16.024186, "fair_value": 14.537634, "relative_strength": -9.272499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.788206, "energy": 82.497914, "activity_lines": [ 15.119595, 15.278863, 15.723837, 15.941976 ] }, { "date": "2023-10-20", "close": 15.053646, "volume": 16368290, "typical_volume": 13899964.0, "trend": 16.014091, "fair_value": 14.560267, "relative_strength": -6.845937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.786185, "energy": 77.78543, "activity_lines": [ 15.065115, 15.217085, 15.61989, 15.87936 ] }, { "date": "2023-10-27", "close": 15.010635, "volume": 4924370, "typical_volume": 13654116.5, "trend": 16.001197, "fair_value": 14.582625, "relative_strength": -5.090182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.191271, "energy": 76.837716, "activity_lines": [ 15.027839, 15.159998, 15.521089, 15.814621 ] }, { "date": "2023-11-03", "close": 15.225688, "volume": 4952690, "typical_volume": 13016269.5, "trend": 15.995472, "fair_value": 14.606126, "relative_strength": -5.639399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.586022, "energy": 54.416892, "activity_lines": [ 15.088054, 15.150614, 15.452606, 15.764588 ] }, { "date": "2023-11-10", "close": 15.182676, "volume": 4800120, "typical_volume": 12109389.0, "trend": 15.988314, "fair_value": 14.628649, "relative_strength": -6.630399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.871396, "energy": 50.359914, "activity_lines": [ 15.131064, 15.138884, 15.388449, 15.71215 ] }, { "date": "2023-11-17", "close": 15.268696, "volume": 8359120, "typical_volume": 11797094.0, "trend": 15.990847, "fair_value": 14.652661, "relative_strength": -8.791446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.707347, "energy": 40.061691, "activity_lines": [ 15.188411, 15.151396, 15.343453, 15.665723 ] }, { "date": "2023-11-24", "close": 15.354717, "volume": 7705720, "typical_volume": 11049158.0, "trend": 15.989423, "fair_value": 14.676286, "relative_strength": -8.554131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.700276, "energy": 29.487135, "activity_lines": [ 15.257227, 15.182676, 15.316623, 15.624682 ] }, { "date": "2023-12-01", "close": 15.61278, "volume": 7455960, "typical_volume": 10759774.0, "trend": 15.980221, "fair_value": 14.700862, "relative_strength": -7.716206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.578018, "energy": 23.286676, "activity_lines": [ 15.391993, 15.264005, 15.321538, 15.600383 ] }, { "date": "2023-12-08", "close": 15.483748, "volume": 4747040, "typical_volume": 10584106.0, "trend": 15.950337, "fair_value": 14.724142, "relative_strength": -8.046206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.07799, "energy": 23.119204, "activity_lines": [ 15.443605, 15.317963, 15.319081, 15.568352 ] }, { "date": "2023-12-15", "close": 15.354717, "volume": 8471810, "typical_volume": 10116221.0, "trend": 15.905233, "fair_value": 14.745423, "relative_strength": -10.079319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.363588, "energy": 18.139973, "activity_lines": [ 15.435003, 15.342987, 15.309454, 15.529925 ] }, { "date": "2023-12-22", "close": 15.225688, "volume": 30839500, "typical_volume": 11174069.5, "trend": 15.855827, "fair_value": 14.766579, "relative_strength": -10.171317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.878625, "energy": 16.26522, "activity_lines": [ 15.371922, 15.337514, 15.293479, 15.486083 ] }, { "date": "2023-12-29", "close": 15.483748, "volume": 7006300, "typical_volume": 10482682.0, "trend": 15.805468, "fair_value": 14.78939, "relative_strength": -10.072878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.345427, "energy": 10.452097, "activity_lines": [ 15.397728, 15.37505, 15.307611, 15.462078 ] }, { "date": "2024-01-05", "close": 15.698799, "volume": 11693610, "typical_volume": 10097878.0, "trend": 15.759547, "fair_value": 14.814283, "relative_strength": -6.406504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.870148, "energy": 7.176833, "activity_lines": [ 15.486616, 15.443866, 15.343453, 15.455196 ] }, { "date": "2024-01-12", "close": 15.483748, "volume": 5504100, "typical_volume": 10001390.0, "trend": 15.709189, "fair_value": 14.837329, "relative_strength": -7.392082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.824436, "energy": 10.655126, "activity_lines": [ 15.498085, 15.46107, 15.35779, 15.437403 ] }, { "date": "2024-01-19", "close": 15.311707, "volume": 8719820, "typical_volume": 9920940.0, "trend": 15.636715, "fair_value": 14.858568, "relative_strength": -9.074582, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.841835, "energy": 12.378991, "activity_lines": [ 15.452207, 15.442302, 15.355946, 15.411759 ] }, { "date": "2024-01-26", "close": 15.440739, "volume": 3073010, "typical_volume": 9661787.5, "trend": 15.572637, "fair_value": 14.880635, "relative_strength": -9.675216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.0022, "energy": 9.773022, "activity_lines": [ 15.452208, 15.444648, 15.36803, 15.399115 ] }, { "date": "2024-02-02", "close": 15.397729, "volume": 4566700, "typical_volume": 9547316.0, "trend": 15.523892, "fair_value": 14.902894, "relative_strength": -10.049044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.118849, "energy": 12.795544, "activity_lines": [ 15.423534, 15.436046, 15.376018, 15.387831 ] }, { "date": "2024-02-09", "close": 15.56977, "volume": 1924660, "typical_volume": 9277214.0, "trend": 15.48805, "fair_value": 14.927429, "relative_strength": -9.019471, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.02195, "energy": 4.509081, "activity_lines": [ 15.457943, 15.457943, 15.401005, 15.390791 ] }, { "date": "2024-02-16", "close": 15.483748, "volume": 4712620, "typical_volume": 8856905.0, "trend": 15.452208, "fair_value": 14.952116, "relative_strength": -11.739743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.164715, "energy": 10.213207, "activity_lines": [ 15.472279, 15.464981, 15.41698, 15.390513 ] }, { "date": "2024-02-23", "close": 15.526758, "volume": 10542630, "typical_volume": 8235646.5, "trend": 15.416366, "fair_value": 14.977079, "relative_strength": -12.505456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.854712, "energy": 17.353467, "activity_lines": [ 15.500953, 15.479838, 15.435618, 15.395323 ] }, { "date": "2024-03-01", "close": 15.397729, "volume": 7924520, "typical_volume": 8214629.5, "trend": 15.383391, "fair_value": 15.000276, "relative_strength": -13.133843, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.059268, "energy": 24.838039, "activity_lines": [ 15.472279, 15.468109, 15.439305, 15.394121 ] }, { "date": "2024-03-08", "close": 15.397729, "volume": 8435390, "typical_volume": 7817984.5, "trend": 15.371922, "fair_value": 15.023005, "relative_strength": -16.501387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.308166, "energy": 14.147853, "activity_lines": [ 15.446473, 15.453251, 15.441148, 15.395046 ] }, { "date": "2024-03-15", "close": 15.440739, "volume": 6755740, "typical_volume": 7909553.0, "trend": 15.370488, "fair_value": 15.042961, "relative_strength": -15.488946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.968899, "energy": 13.110457, "activity_lines": [ 15.435004, 15.447777, 15.445449, 15.399485 ] }, { "date": "2024-03-22", "close": 15.483748, "volume": 5882180, "typical_volume": 7956027.5, "trend": 15.369055, "fair_value": 15.061785, "relative_strength": -17.19852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.326267, "energy": 15.041074, "activity_lines": [ 15.446473, 15.454815, 15.451798, 15.406793 ] }, { "date": "2024-03-29", "close": 15.311707, "volume": 10059790, "typical_volume": 8219011.0, "trend": 15.357585, "fair_value": 15.077866, "relative_strength": -18.016749, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 9.432809, "energy": 7.530192, "activity_lines": [ 15.400595, 15.430572, 15.440534, 15.403093 ] }, { "date": "2024-04-05", "close": 15.354717, "volume": 4935080, "typical_volume": 8047809.0, "trend": 15.354718, "fair_value": 15.095629, "relative_strength": -17.586698, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.735679, "energy": 9.217557, "activity_lines": [ 15.383391, 15.41415, 15.432751, 15.402908 ] }, { "date": "2024-04-12", "close": 15.827832, "volume": 17436400, "typical_volume": 8534343.0, "trend": 15.364753, "fair_value": 15.115956, "relative_strength": -16.324699, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.528514, "energy": 39.225533, "activity_lines": [ 15.526759, 15.485313, 15.469617, 15.433431 ] }, { "date": "2024-04-19", "close": 16.214926, "volume": 26555380, "typical_volume": 9489314.0, "trend": 15.391993, "fair_value": 15.138764, "relative_strength": -8.693058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.812361, "energy": 67.980993, "activity_lines": [ 15.770485, 15.619036, 15.541096, 15.488281 ] }, { "date": "2024-04-26", "close": 16.55901, "volume": 26700960, "typical_volume": 10587010.0, "trend": 15.437871, "fair_value": 15.163544, "relative_strength": -9.187951, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.969393, "energy": 83.780367, "activity_lines": [ 16.077293, 15.80359, 15.642478, 15.563572 ] }, { "date": "2024-05-03", "close": 16.55901, "volume": 10830610, "typical_volume": 10704950.0, "trend": 15.490917, "fair_value": 15.186682, "relative_strength": -9.737625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.984139, "energy": 87.26503, "activity_lines": [ 16.312417, 15.968594, 15.738739, 15.635904 ] }, { "date": "2024-05-10", "close": 16.472988, "volume": 13089800, "typical_volume": 9817465.0, "trend": 15.539662, "fair_value": 15.209503, "relative_strength": -11.354387, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.781212, "energy": 83.312562, "activity_lines": [ 16.435713, 16.099189, 15.821073, 15.699263 ] }, { "date": "2024-05-17", "close": 16.257936, "volume": 10859870, "typical_volume": 10010143.5, "trend": 15.579805, "fair_value": 15.229773, "relative_strength": -14.280981, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.650362, "energy": 76.616233, "activity_lines": [ 16.412774, 16.171133, 15.876987, 15.745604 ] }, { "date": "2024-05-24", "close": 16.171915, "volume": 9329460, "typical_volume": 9891936.0, "trend": 15.618515, "fair_value": 15.252774, "relative_strength": -15.469758, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.582354, "energy": 50.180697, "activity_lines": [ 16.332488, 16.211798, 15.921021, 15.783804 ] }, { "date": "2024-05-31", "close": 16.515999, "volume": 7405500, "typical_volume": 9987006.0, "trend": 15.661525, "fair_value": 15.278919, "relative_strength": -11.622176, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.336961, "energy": 47.37354, "activity_lines": [ 16.369763, 16.301729, 15.995573, 15.841706 ] }, { "date": "2024-06-07", "close": 16.515999, "volume": 9969380, "typical_volume": 10049484.0, "trend": 15.705969, "fair_value": 15.305065, "relative_strength": -13.908787, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.013192, "energy": 43.615816, "activity_lines": [ 16.409906, 16.372891, 16.065209, 15.896834 ] }, { "date": "2024-06-14", "close": 16.472988, "volume": 11476100, "typical_volume": 10469638.5, "trend": 15.746112, "fair_value": 15.32812, "relative_strength": -16.137896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.085166, "energy": 42.211826, "activity_lines": [ 16.43858, 16.414338, 16.125014, 15.946319 ] }, { "date": "2024-06-21", "close": 16.55901, "volume": 21581570, "typical_volume": 11320382.0, "trend": 15.786255, "fair_value": 15.351258, "relative_strength": -17.863295, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.120159, "energy": 44.5831, "activity_lines": [ 16.495927, 16.451092, 16.188096, 15.998764 ] }, { "date": "2024-06-28", "close": 16.475365, "volume": 29396520, "typical_volume": 12693975.0, "trend": 15.815008, "fair_value": 15.374329, "relative_strength": -16.920182, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.260125, "energy": 40.325614, "activity_lines": [ 16.505322, 16.459344, 16.237682, 16.043223 ] }, { "date": "2024-07-05", "close": 16.702299, "volume": 25108630, "typical_volume": 13713775.5, "trend": 15.855627, "fair_value": 15.399031, "relative_strength": -17.089957, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.324247, "energy": 41.813874, "activity_lines": [ 16.570131, 16.504122, 16.304568, 16.100467 ] }, { "date": "2024-07-12", "close": 16.566137, "volume": 8727500, "typical_volume": 13623019.0, "trend": 15.896007, "fair_value": 15.422364, "relative_strength": -18.509327, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.045683, "energy": 38.437734, "activity_lines": [ 16.577132, 16.521538, 16.352684, 16.146307 ] }, { "date": "2024-07-19", "close": 16.475365, "volume": 8489260, "typical_volume": 13651256.0, "trend": 15.937663, "fair_value": 15.445363, "relative_strength": -14.757313, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.899835, "energy": 36.310976, "activity_lines": [ 16.550534, 16.52232, 16.387205, 16.183684 ] }, { "date": "2024-07-26", "close": 16.429977, "volume": 5497860, "typical_volume": 13504379.5, "trend": 15.969204, "fair_value": 15.468071, "relative_strength": -11.672934, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.390178, "energy": 30.725468, "activity_lines": [ 16.508648, 16.514806, 16.412273, 16.215447 ] }, { "date": "2024-08-02", "close": 16.38459, "volume": 8785210, "typical_volume": 13605853.0, "trend": 15.992064, "fair_value": 15.487502, "relative_strength": -9.512129, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.839682, "energy": 22.736247, "activity_lines": [ 16.460235, 16.495913, 16.428102, 16.242246 ] }, { "date": "2024-08-09", "close": 16.38459, "volume": 22862740, "typical_volume": 14454881.0, "trend": 16.022092, "fair_value": 15.508924, "relative_strength": -8.409933, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.097855, "energy": 16.987567, "activity_lines": [ 16.417874, 16.473152, 16.439436, 16.26757 ] }, { "date": "2024-08-16", "close": 16.475365, "volume": 7196020, "typical_volume": 14311692.5, "trend": 16.06088, "fair_value": 15.530679, "relative_strength": -11.103364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.800983, "energy": 16.322249, "activity_lines": [ 16.426952, 16.469285, 16.455127, 16.296813 ] }, { "date": "2024-08-23", "close": 16.883844, "volume": 9856180, "typical_volume": 14557747.5, "trend": 16.108984, "fair_value": 15.555301, "relative_strength": -7.727521, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.387183, "energy": 36.620194, "activity_lines": [ 16.57824, 16.540426, 16.504178, 16.349908 ] }, { "date": "2024-08-30", "close": 17.337711, "volume": 14658010, "typical_volume": 14418828.0, "trend": 16.17365, "fair_value": 15.58333, "relative_strength": -5.358291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.770179, "energy": 71.830915, "activity_lines": [ 16.853586, 16.686618, 16.589174, 16.429181 ] }, { "date": "2024-09-06", "close": 16.929232, "volume": 8394640, "typical_volume": 13510791.0, "trend": 16.218965, "fair_value": 15.607497, "relative_strength": -3.678134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.145524, "energy": 66.07376, "activity_lines": [ 16.932257, 16.744383, 16.628077, 16.477928 ] }, { "date": "2024-09-13", "close": 16.883844, "volume": 4913100, "typical_volume": 12421398.0, "trend": 16.265635, "fair_value": 15.631124, "relative_strength": -5.053288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.253308, "energy": 66.306296, "activity_lines": [ 16.959489, 16.785644, 16.659256, 16.520823 ] }, { "date": "2024-09-20", "close": 16.883844, "volume": 3435920, "typical_volume": 12051663.5, "trend": 16.310872, "fair_value": 15.653507, "relative_strength": -6.369261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.084771, "energy": 58.819756, "activity_lines": [ 16.953437, 16.823604, 16.688888, 16.560708 ] }, { "date": "2024-09-27", "close": 16.929232, "volume": 3669960, "typical_volume": 11580671.5, "trend": 16.361922, "fair_value": 15.674936, "relative_strength": -8.442558, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.942208, "energy": 36.552226, "activity_lines": [ 16.935283, 16.864039, 16.721295, 16.600602 ] }, { "date": "2024-10-04", "close": 16.702299, "volume": 3850710, "typical_volume": 11230213.5, "trend": 16.405407, "fair_value": 15.693418, "relative_strength": -7.217445, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.616718, "energy": 24.692451, "activity_lines": [ 16.838458, 16.854962, 16.729918, 16.622562 ] }, { "date": "2024-10-11", "close": 16.611523, "volume": 5551150, "typical_volume": 11041298.0, "trend": 16.444433, "fair_value": 15.709327, "relative_strength": -9.771527, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.289021, "energy": 15.141344, "activity_lines": [ 16.753736, 16.824429, 16.727779, 16.635859 ] }, { "date": "2024-10-18", "close": 16.747686, "volume": 10272940, "typical_volume": 11184670.0, "trend": 16.486565, "fair_value": 15.714912, "relative_strength": -10.868182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.383079, "energy": 15.003954, "activity_lines": [ 16.735582, 16.814527, 16.736515, 16.655424 ] }, { "date": "2024-10-25", "close": 16.611523, "volume": 5290240, "typical_volume": 10950713.0, "trend": 16.529892, "fair_value": 15.715891, "relative_strength": -10.596824, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.233767, "energy": 14.351711, "activity_lines": [ 16.681117, 16.773266, 16.73118, 16.663486 ] }, { "date": "2024-11-01", "close": 16.702299, "volume": 4139630, "typical_volume": 10583889.5, "trend": 16.574811, "fair_value": 15.720439, "relative_strength": -7.442384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.718983, "energy": 13.407911, "activity_lines": [ 16.675066, 16.746034, 16.734035, 16.674609 ] }, { "date": "2024-11-08", "close": 16.702299, "volume": 3537150, "typical_volume": 9681668.5, "trend": 16.60396, "fair_value": 15.721004, "relative_strength": -10.044261, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.919684, "energy": 8.432578, "activity_lines": [ 16.684144, 16.722103, 16.735798, 16.682834 ] }, { "date": "2024-11-15", "close": 16.475365, "volume": 5011070, "typical_volume": 8462396.0, "trend": 16.612641, "fair_value": 15.720116, "relative_strength": -7.735298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.209988, "energy": 7.584482, "activity_lines": [ 16.617577, 16.668465, 16.715266, 16.674538 ] }, { "date": "2024-11-22", "close": 16.429977, "volume": 4829400, "typical_volume": 7448434.5, "trend": 16.60834, "fair_value": 15.709978, "relative_strength": -8.254489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.331239, "energy": 24.718828, "activity_lines": [ 16.544958, 16.614826, 16.690411, 16.662753 ] }, { "date": "2024-11-29", "close": 16.475365, "volume": 4764790, "typical_volume": 7250299.0, "trend": 16.605552, "fair_value": 15.698389, "relative_strength": -4.9859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.106135, "energy": 33.945525, "activity_lines": [ 16.508648, 16.577691, 16.671176, 16.654174 ] }, { "date": "2024-12-06", "close": 16.429977, "volume": 4046130, "typical_volume": 7028142.5, "trend": 16.604119, "fair_value": 15.683026, "relative_strength": -8.638954, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.775175, "energy": 44.818907, "activity_lines": [ 16.466287, 16.539731, 16.64805, 16.642846 ] }, { "date": "2024-12-13", "close": 16.38459, "volume": 5864830, "typical_volume": 7046491.0, "trend": 16.60834, "fair_value": 15.664635, "relative_strength": -7.848563, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.68645, "energy": 49.580174, "activity_lines": [ 16.426951, 16.502596, 16.620818, 16.628683 ] }, { "date": "2024-12-20", "close": 16.203045, "volume": 8814210, "typical_volume": 7047941.0, "trend": 16.609378, "fair_value": 15.650554, "relative_strength": -6.46526, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.501981, "energy": 66.165317, "activity_lines": [ 16.348282, 16.43823, 16.576512, 16.602535 ] }, { "date": "2024-12-27", "close": 16.339205, "volume": 4244420, "typical_volume": 6117025.0, "trend": 16.603485, "fair_value": 15.639088, "relative_strength": -8.411303, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.4449, "energy": 60.377765, "activity_lines": [ 16.333153, 16.406047, 16.546038, 16.585105 ] }, { "date": "2025-01-03", "close": 16.248432, "volume": 2577740, "typical_volume": 5886111.0, "trend": 16.594566, "fair_value": 15.628782, "relative_strength": -7.023684, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.821875, "energy": 62.620862, "activity_lines": [ 16.293818, 16.364786, 16.507135, 16.562198 ] }, { "date": "2025-01-10", "close": 16.293819, "volume": 5137150, "typical_volume": 5650159.5, "trend": 16.588594, "fair_value": 15.617025, "relative_strength": -6.76974, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.052272, "energy": 58.774273, "activity_lines": [ 16.284741, 16.33838, 16.473636, 16.542795 ] }, { "date": "2025-01-17", "close": 16.203045, "volume": 4922730, "typical_volume": 5163395.5, "trend": 16.576728, "fair_value": 15.614391, "relative_strength": -7.445682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.085586, "energy": 67.269364, "activity_lines": [ 16.254483, 16.302896, 16.434301, 16.517921 ] }, { "date": "2025-01-24", "close": 16.293819, "volume": 2467340, "typical_volume": 4867030.5, "trend": 16.570677, "fair_value": 15.615573, "relative_strength": -8.033074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.581867, "energy": 61.353855, "activity_lines": [ 16.266587, 16.292993, 16.409014, 16.499669 ] }, { "date": "2025-02-07", "close": 16.475365, "volume": 5743040, "typical_volume": 4908527.5, "trend": 16.563112, "fair_value": 15.620407, "relative_strength": -6.461322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.074824, "energy": 30.920591, "activity_lines": [ 16.333154, 16.3194, 16.404043, 16.493519 ] }, { "date": "2025-02-14", "close": 16.475365, "volume": 5456560, "typical_volume": 5009559.5, "trend": 16.560086, "fair_value": 15.622256, "relative_strength": -4.78244, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.117772, "energy": 20.793258, "activity_lines": [ 16.390643, 16.344982, 16.401017, 16.487858 ] }, { "date": "2025-02-21", "close": 16.838457, "volume": 11224790, "typical_volume": 5387301.0, "trend": 16.572189, "fair_value": 15.623446, "relative_strength": -4.75247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 16.216562, "energy": 25.622207, "activity_lines": [ 16.554035, 16.43658, 16.434517, 16.505818 ] }, { "date": "2025-02-28", "close": 16.838457, "volume": 5660300, "typical_volume": 5477780.5, "trend": 16.585805, "fair_value": 15.623889, "relative_strength": -1.722743, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.1058, "energy": 42.035055, "activity_lines": [ 16.681117, 16.520751, 16.468449, 16.522996 ] }, { "date": "2025-03-07", "close": 17.020004, "volume": 9343500, "typical_volume": 5667398.0, "trend": 16.606986, "fair_value": 15.627487, "relative_strength": 1.591935, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.603801, "energy": 67.504281, "activity_lines": [ 16.826354, 16.629679, 16.519022, 16.551009 ] }, { "date": "2025-03-14", "close": 17.06539, "volume": 12239690, "typical_volume": 5765735.5, "trend": 16.629679, "fair_value": 15.632122, "relative_strength": 4.685978, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.46223, "energy": 70.152115, "activity_lines": [ 16.938308, 16.732005, 16.571973, 16.580584 ] }, { "date": "2025-03-21", "close": 17.519257, "volume": 21231910, "typical_volume": 6562819.0, "trend": 16.664476, "fair_value": 15.644643, "relative_strength": 6.291782, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.996565, "energy": 81.164759, "activity_lines": [ 17.162215, 16.903649, 16.666637, 16.637976 ] }, { "date": "2025-03-28", "close": 17.610031, "volume": 16859940, "typical_volume": 7198834.5, "trend": 16.688682, "fair_value": 15.658742, "relative_strength": 9.699331, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.602851, "energy": 93.557762, "activity_lines": [ 17.346788, 17.068692, 16.765623, 16.698979 ] }, { "date": "2025-04-04", "close": 17.383099, "volume": 8932350, "typical_volume": 7468594.5, "trend": 16.690195, "fair_value": 15.670142, "relative_strength": 9.659614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.35004, "energy": 83.768753, "activity_lines": [ 17.404278, 17.168542, 16.838674, 16.74378 ] }, { "date": "2025-04-11", "close": 16.793072, "volume": 52634950, "typical_volume": 9849788.5, "trend": 16.685656, "fair_value": 15.679501, "relative_strength": 15.223834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.07252, "energy": 48.417456, "activity_lines": [ 17.228784, 17.13966, 16.85229, 16.750418 ] }, { "date": "2025-04-18", "close": 16.520752, "volume": 12553950, "typical_volume": 10236016.0, "trend": 16.673553, "fair_value": 15.68587, "relative_strength": 13.877232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.303912, "energy": 20.139335, "activity_lines": [ 16.977644, 17.052188, 16.838458, 16.739779 ] }, { "date": "2025-04-25", "close": 16.429977, "volume": 11669390, "typical_volume": 10581246.0, "trend": 16.658424, "fair_value": 15.692902, "relative_strength": 10.539466, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.570573, "energy": 18.207067, "activity_lines": [ 16.732556, 16.947386, 16.815548, 16.724064 ] }, { "date": "2025-05-02", "close": 16.611523, "volume": 6833760, "typical_volume": 10720627.5, "trend": 16.647834, "fair_value": 15.69836, "relative_strength": 6.907705, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.283404, "energy": 21.218544, "activity_lines": [ 16.620601, 16.876417, 16.810145, 16.721038 ] }, { "date": "2025-05-09", "close": 17.383099, "volume": 30584320, "typical_volume": 11956602.0, "trend": 16.670527, "fair_value": 15.710009, "relative_strength": 11.144377, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.829834, "energy": 25.199006, "activity_lines": [ 16.832406, 16.949862, 16.877361, 16.768475 ] }, { "date": "2025-05-16", "close": 17.292324, "volume": 19529550, "typical_volume": 12492369.0, "trend": 16.693221, "fair_value": 15.72232, "relative_strength": 5.873917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.984355, "energy": 23.593463, "activity_lines": [ 17.013953, 16.996899, 16.931176, 16.80859 ] }, { "date": "2025-05-23", "close": 17.700806, "volume": 35969370, "typical_volume": 14078616.5, "trend": 16.724991, "fair_value": 15.739737, "relative_strength": 9.185064, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.88935, "energy": 54.124945, "activity_lines": [ 17.298376, 17.113254, 17.018708, 16.873596 ] }, { "date": "2025-05-30", "close": 17.610031, "volume": 14358180, "typical_volume": 14667638.5, "trend": 16.758275, "fair_value": 15.756075, "relative_strength": 9.964901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.177645, "energy": 63.021084, "activity_lines": [ 17.473871, 17.201551, 17.09111, 16.930695 ] }, { "date": "2025-06-06", "close": 17.337711, "volume": 25636010, "typical_volume": 15692581.5, "trend": 16.779455, "fair_value": 15.770419, "relative_strength": 6.642358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.188738, "energy": 60.224458, "activity_lines": [ 17.479923, 17.238686, 17.131094, 16.968078 ] }, { "date": "2025-06-13", "close": 17.188709, "volume": 32070170, "typical_volume": 17049953.5, "trend": 16.795669, "fair_value": 15.785051, "relative_strength": 3.689611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.602055, "energy": 49.707508, "activity_lines": [ 17.387895, 17.25368, 17.151916, 16.994482 ] }, { "date": "2025-06-20", "close": 17.092949, "volume": 13262540, "typical_volume": 17589713.5, "trend": 16.816255, "fair_value": 15.798807, "relative_strength": 3.124706, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.657979, "energy": 27.276222, "activity_lines": [ 17.276905, 17.254798, 17.158924, 17.013661 ] }, { "date": "2025-06-27", "close": 17.380226, "volume": 10760110, "typical_volume": 17840567.0, "trend": 16.84793, "fair_value": 15.819918, "relative_strength": 2.2259, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.892166, "energy": 20.273548, "activity_lines": [ 17.274967, 17.302696, 17.189487, 17.050046 ] }, { "date": "2025-07-04", "close": 18.002657, "volume": 36363750, "typical_volume": 19385926.5, "trend": 16.89884, "fair_value": 15.84423, "relative_strength": 5.815252, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.094866, "energy": 36.747632, "activity_lines": [ 17.501878, 17.448136, 17.275019, 17.124545 ] }, { "date": "2025-07-11", "close": 17.85902, "volume": 10511700, "typical_volume": 19350272.0, "trend": 16.946475, "fair_value": 15.87051, "relative_strength": 3.830947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.720786, "energy": 56.90013, "activity_lines": [ 17.654734, 17.538867, 17.3396, 17.186492 ] }, { "date": "2025-07-18", "close": 18.098417, "volume": 16180870, "typical_volume": 19876300.5, "trend": 17.003602, "fair_value": 15.897012, "relative_strength": 2.166969, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.469461, "energy": 73.728369, "activity_lines": [ 17.852636, 17.650442, 17.42212, 17.260811 ] }, { "date": "2025-07-25", "close": 18.098417, "volume": 6679220, "typical_volume": 19743086.5, "trend": 17.066781, "fair_value": 15.924826, "relative_strength": 2.108472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.804676, "energy": 76.306104, "activity_lines": [ 17.98989, 17.749011, 17.49864, 17.331444 ] }, { "date": "2025-08-01", "close": 18.385694, "volume": 20458148, "typical_volume": 20154009.4, "trend": 17.134997, "fair_value": 15.951856, "relative_strength": 3.310012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.140781, "energy": 77.983883, "activity_lines": [ 18.155872, 17.885157, 17.597385, 17.416535 ] }, { "date": "2025-08-08", "close": 18.960245, "volume": 31256530, "typical_volume": 20655240.4, "trend": 17.225391, "fair_value": 15.982045, "relative_strength": 3.851112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.024299, "energy": 81.528615, "activity_lines": [ 18.44634, 18.113313, 17.744562, 17.534293 ] }, { "date": "2025-08-15", "close": 18.433573, "volume": 15302090, "typical_volume": 20577347.9, "trend": 17.296716, "fair_value": 16.009907, "relative_strength": -0.318929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.530428, "energy": 66.834421, "activity_lines": [ 18.497412, 18.221162, 17.834718, 17.61224 ] }, { "date": "2025-08-22", "close": 18.864489, "volume": 20083550, "typical_volume": 21134907.9, "trend": 17.385431, "fair_value": 16.038957, "relative_strength": 4.30861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.466011, "energy": 68.140499, "activity_lines": [ 18.653818, 18.387435, 17.961991, 17.713387 ] }, { "date": "2025-08-29", "close": 19.056005, "volume": 23462700, "typical_volume": 19676295.4, "trend": 17.477504, "fair_value": 16.067397, "relative_strength": 3.266289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.126771, "energy": 67.41723, "activity_lines": [ 18.822992, 18.558059, 18.10045, 17.821166 ] }, { "date": "2025-09-05", "close": 19.008125, "volume": 13539840, "typical_volume": 19725589.9, "trend": 17.561929, "fair_value": 16.097368, "relative_strength": 1.913852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.128922, "energy": 57.930833, "activity_lines": [ 18.912367, 18.684287, 18.223574, 17.919916 ] }, { "date": "2025-09-12", "close": 18.816608, "volume": 15832650, "typical_volume": 19933752.9, "trend": 17.639971, "fair_value": 16.126636, "relative_strength": -2.868842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.164121, "energy": 52.196489, "activity_lines": [ 18.896407, 18.746095, 18.316613, 18.000863 ] }, { "date": "2025-09-19", "close": 19.056005, "volume": 26241550, "typical_volume": 20904142.4, "trend": 17.713889, "fair_value": 16.15245, "relative_strength": -1.955324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.50775, "energy": 48.869874, "activity_lines": [ 18.969822, 18.83663, 18.421086, 18.09222 ] }, { "date": "2025-09-26", "close": 19.343283, "volume": 53650680, "typical_volume": 22057460.4, "trend": 17.797383, "fair_value": 16.181419, "relative_strength": -0.470369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.531623, "energy": 48.343943, "activity_lines": [ 19.097501, 18.957635, 18.541279, 18.197342 ] }, { "date": "2025-10-03", "close": 19.391161, "volume": 15966700, "typical_volume": 21879317.9, "trend": 17.876422, "fair_value": 16.210695, "relative_strength": -4.584833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.438629, "energy": 49.264177, "activity_lines": [ 19.20922, 19.064711, 18.656698, 18.300166 ] }, { "date": "2025-10-10", "close": 19.58268, "volume": 11772600, "typical_volume": 20669479.4, "trend": 17.960331, "fair_value": 16.244611, "relative_strength": -5.475623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.859789, "energy": 52.718338, "activity_lines": [ 19.362434, 19.183104, 18.780362, 18.410247 ] }, { "date": "2025-10-17", "close": 19.822077, "volume": 26714930, "typical_volume": 21287316.9, "trend": 18.037092, "fair_value": 16.278487, "relative_strength": -4.323288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.216095, "energy": 58.822858, "activity_lines": [ 19.557144, 19.32326, 18.917865, 18.53036 ] }, { "date": "2025-10-24", "close": 22.790598, "volume": 184044790, "typical_volume": 29207755.9, "trend": 18.209778, "fair_value": 16.334804, "relative_strength": 8.770327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.304209, "energy": 84.981179, "activity_lines": [ 20.67433, 19.987478, 19.32755, 18.837038 ] }, { "date": "2025-10-31", "close": 23.125755, "volume": 72590080, "typical_volume": 31233751.4, "trend": 18.4012, "fair_value": 16.395107, "relative_strength": 7.337259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.751784, "energy": 95.272879, "activity_lines": [ 21.654261, 20.633414, 19.743189, 19.154198 ] }, { "date": "2025-11-07", "close": 23.939705, "volume": 44354620, "typical_volume": 32788355.4, "trend": 18.639421, "fair_value": 16.461153, "relative_strength": 13.075884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.785649, "energy": 97.024248, "activity_lines": [ 22.653345, 21.349864, 20.208075, 19.511521 ] }, { "date": "2025-11-14", "close": 23.939705, "volume": 0, "typical_volume": 32250349.9, "trend": 18.886719, "fair_value": 16.526674, "relative_strength": 13.653726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.455935, "energy": 94.066667, "activity_lines": [ 23.349192, 21.97752, 20.640358, 19.853474 ] }, { "date": "2025-11-21", "close": 21.258459, "volume": 131614059, "typical_volume": 37012865.35, "trend": 19.047669, "fair_value": 16.57422, "relative_strength": 4.391158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.470318, "energy": 83.704997, "activity_lines": [ 22.860823, 22.028011, 20.786048, 20.00649 ] }, { "date": "2025-11-28", "close": 23.460911, "volume": 139645121, "typical_volume": 43469536.4, "trend": 19.275981, "fair_value": 16.634834, "relative_strength": 9.875801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.556486, "energy": 63.596518, "activity_lines": [ 23.010845, 22.434551, 21.125992, 20.291215 ] }, { "date": "2025-12-05", "close": 22.407564, "volume": 62936281, "typical_volume": 45807306.95, "trend": 19.443464, "fair_value": 16.68817, "relative_strength": 3.456959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.248995, "energy": 49.829993, "activity_lines": [ 22.765064, 22.569484, 21.338941, 20.493253 ] }, { "date": "2025-12-12", "close": 21.737253, "volume": 61388218, "typical_volume": 48542756.85, "trend": 19.591628, "fair_value": 16.734323, "relative_strength": -0.565067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.985322, "energy": 31.746001, "activity_lines": [ 22.343725, 22.526827, 21.467532, 20.641239 ] }, { "date": "2025-12-19", "close": 23.460911, "volume": 175257532, "typical_volume": 56282726.05, "trend": 19.783631, "fair_value": 16.790737, "relative_strength": 8.89796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.452956, "energy": 39.367754, "activity_lines": [ 22.643769, 22.754908, 21.742952, 20.89087 ] }, { "date": "2025-12-26", "close": 25.519726, "volume": 156456549, "typical_volume": 62542727.0, "trend": 20.047288, "fair_value": 16.859561, "relative_strength": 14.396563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.692228, "energy": 52.559285, "activity_lines": [ 23.662005, 23.286804, 22.190283, 21.260941 ] }, { "date": "2026-01-02", "close": 31.121616, "volume": 637474875, "typical_volume": 93651366.25, "trend": 20.506751, "fair_value": 16.965869, "relative_strength": 34.547873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.181429, "energy": 81.201496, "activity_lines": [ 26.263452, 24.733633, 23.139891, 21.975414 ] }, { "date": "2026-01-09", "close": 37.393818, "volume": 917086596, "typical_volume": 138501518.55, "trend": 21.180255, "fair_value": 17.111072, "relative_strength": 54.669293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.347034, "energy": 97.24173, "activity_lines": [ 30.44492, 27.169389, 24.626433, 23.064902 ] }, { "date": "2026-01-16", "close": 40.314461, "volume": 268211710, "typical_volume": 150738969.05, "trend": 21.954305, "fair_value": 17.274997, "relative_strength": 58.60595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.547274, "energy": 97.113732, "activity_lines": [ 34.600853, 29.876751, 26.302896, 24.299367 ] }, { "date": "2026-01-23", "close": 38.686565, "volume": 1141198399, "typical_volume": 207121897.0, "trend": 22.664517, "fair_value": 17.429273, "relative_strength": 47.776478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.742089, "energy": 92.483442, "activity_lines": [ 36.975672, 31.99041, 27.72309, 25.378867 ] }, { "date": "2026-01-30", "close": 35.239246, "volume": 365851168, "typical_volume": 224622822.9, "trend": 23.23907, "fair_value": 17.560927, "relative_strength": 32.910767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.049262, "energy": 86.506267, "activity_lines": [ 37.186342, 33.209159, 28.721262, 26.19014 ] }, { "date": "2026-02-06", "close": 33.22831, "volume": 173759743, "typical_volume": 231998732.55, "trend": 23.751379, "fair_value": 17.67759, "relative_strength": 25.430806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.572002, "energy": 63.924279, "activity_lines": [ 36.078731, 33.808086, 29.449713, 26.834607 ] }, { "date": "2026-02-13", "close": 31.408892, "volume": 123885965, "typical_volume": 235510496.8, "trend": 24.195062, "fair_value": 17.781803, "relative_strength": 11.557873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.778323, "energy": 48.779417, "activity_lines": [ 34.224202, 33.898622, 29.937399, 27.32864 ] }, { "date": "2026-02-27", "close": 33.467709, "volume": 176064298, "typical_volume": 243515376.7, "trend": 24.707372, "fair_value": 17.89895, "relative_strength": 12.192771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.828542, "energy": 34.255283, "activity_lines": [ 33.45494, 34.199827, 30.563707, 27.926876 ] }, { "date": "2026-03-06", "close": 30.642822, "volume": 96552858, "typical_volume": 247754389.6, "trend": 25.115943, "fair_value": 17.996414, "relative_strength": 7.824782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.547772, "energy": 24.141841, "activity_lines": [ 32.200499, 33.774136, 30.853948, 28.309808 ] }, { "date": "2026-03-13", "close": 28.919165, "volume": 61597780, "typical_volume": 249498532.1, "trend": 25.447907, "fair_value": 18.08283, "relative_strength": 2.106727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.268006, "energy": 24.016159, "activity_lines": [ 30.907756, 32.904472, 30.927363, 28.555177 ] }, { "date": "2026-03-20", "close": 27.913696, "volume": 70045130, "typical_volume": 243798549.1, "trend": 25.763911, "fair_value": 18.163325, "relative_strength": -1.98812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.950787, "energy": 20.105149, "activity_lines": [ 29.701194, 31.790187, 30.8617, 28.71426 ] }, { "date": "2026-03-27", "close": 28.009455, "volume": 51480406, "typical_volume": 242743065.4, "trend": 26.068743, "fair_value": 18.245746, "relative_strength": -0.49949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.992345, "energy": 16.078443, "activity_lines": [ 28.88086, 30.751639, 30.780761, 28.859134 ] }, { "date": "2026-04-03", "close": 27.530661, "volume": 38300920, "typical_volume": 242440380.4, "trend": 26.351231, "fair_value": 18.323785, "relative_strength": -0.646029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.171591, "energy": 17.048906, "activity_lines": [ 28.127558, 29.796663, 30.630967, 28.953452 ] }, { "date": "2026-04-10", "close": 27.865816, "volume": 44757959, "typical_volume": 244678278.35, "trend": 26.646488, "fair_value": 18.403711, "relative_strength": -7.454067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.060664, "energy": 17.336024, "activity_lines": [ 27.881776, 29.135056, 30.495992, 29.051167 ] }, { "date": "2026-04-17", "close": 28.200974, "volume": 52658202, "typical_volume": 240730485.5, "trend": 26.9593, "fair_value": 18.485785, "relative_strength": -9.677946, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.861469, "energy": 15.629978, "activity_lines": [ 27.932848, 28.731128, 30.374242, 29.151456 ] }, { "date": "2026-04-24", "close": 27.482782, "volume": 70651454, "typical_volume": 237280802.15, "trend": 27.240193, "fair_value": 18.563255, "relative_strength": -16.513368, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.815795, "energy": 30.466489, "activity_lines": [ 27.792402, 28.324589, 30.151033, 29.185229 ] }, { "date": "2026-05-01", "close": 26.573072, "volume": 31550459, "typical_volume": 235711511.05, "trend": 27.481185, "fair_value": 18.636206, "relative_strength": -18.999404, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.117467, "energy": 42.655298, "activity_lines": [ 27.377447, 27.857112, 29.822033, 29.142189 ] }, { "date": "2026-05-08", "close": 26.716711, "volume": 47954076, "typical_volume": 235039803.95, "trend": 27.725371, "fair_value": 18.708766, "relative_strength": -23.528465, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.192843, "energy": 43.855829, "activity_lines": [ 27.10613, 27.503674, 29.486877, 29.092868 ] }, { "date": "2026-05-15", "close": 24.945171, "volume": 46475822, "typical_volume": 228600718.45, "trend": 27.90412, "fair_value": 18.766819, "relative_strength": -27.476602, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.75549, "energy": 56.062876, "activity_lines": [ 26.298564, 26.950885, 28.959291, 28.913501 ] }, { "date": "2026-05-22", "close": 25.663363, "volume": 33320450, "typical_volume": 222443913.5, "trend": 28.09883, "fair_value": 18.826326, "relative_strength": -27.012612, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.415559, "energy": 59.926689, "activity_lines": [ 25.925104, 26.632269, 28.493037, 28.768936 ] }, { "date": "2026-05-29", "close": 25.759123, "volume": 46086576, "typical_volume": 192874498.55, "trend": 28.197781, "fair_value": 18.884347, "relative_strength": -30.38829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.788844, "energy": 60.059453, "activity_lines": [ 25.752738, 26.39026, 28.035219, 28.617987 ] }, { "date": "2026-06-05", "close": 26.908228, "volume": 74006365, "typical_volume": 150720487.0, "trend": 28.323863, "fair_value": 18.949734, "relative_strength": -27.443836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -34.399013, "energy": 52.974429, "activity_lines": [ 26.078318, 26.396354, 27.712374, 28.53479 ] }, { "date": "2026-06-12", "close": 27.770058, "volume": 173489450, "typical_volume": 145984374.0, "trend": 28.451541, "fair_value": 19.018808, "relative_strength": -23.283115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -17.319663, "energy": 21.420249, "activity_lines": [ 26.668831, 26.579166, 27.521541, 28.49906 ] }, { "date": "2026-06-19", "close": 26.908228, "volume": 43292806, "typical_volume": 91089094.35, "trend": 28.550492, "fair_value": 19.081832, "relative_strength": -29.004882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.61179, "energy": 24.469175, "activity_lines": [ 26.901844, 26.600929, 27.308363, 28.399492 ] }, { "date": "2026-06-26", "close": 27.051867, "volume": 55621143, "typical_volume": 75577593.1, "trend": 28.743606, "fair_value": 19.146303, "relative_strength": -25.29728, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.13971, "energy": 21.583333, "activity_lines": [ 27.051867, 26.66622, 27.164953, 28.302806 ] }, { "date": "2026-07-03", "close": 28.35, "volume": 94881508, "typical_volume": 71633681.35, "trend": 28.906575, "fair_value": 19.215944, "relative_strength": -25.118928, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.610527, "energy": 19.942949, "activity_lines": [ 27.542033, 26.988427, 27.184162, 28.277412 ] }, { "date": "2026-07-10", "close": 27.0, "volume": 0, "typical_volume": 65439383.1, "trend": 29.059657, "fair_value": 19.277719, "relative_strength": -26.085686, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.476404, "energy": 17.558391, "activity_lines": [ 27.409474, 27.049412, 27.09803, 28.154408 ] }, { "date": "2026-07-17", "close": 25.85, "volume": 39253903, "typical_volume": 58598863.35, "trend": 29.196748, "fair_value": 19.335347, "relative_strength": -24.460648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.673544, "energy": 26.569115, "activity_lines": [ 26.887464, 26.893544, 26.923368, 27.947333 ] }, { "date": "2026-07-24", "close": 26.0, "volume": 25535938, "typical_volume": 55048017.35, "trend": 29.281385, "fair_value": 19.395315, "relative_strength": -25.415041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.78672, "energy": 29.826625, "activity_lines": [ 26.543458, 26.780707, 26.799268, 27.741091 ] }, { "date": "2026-07-31", "close": 24.75, "volume": 47297865, "typical_volume": 54333021.6, "trend": 29.255727, "fair_value": 19.447821, "relative_strength": -27.770803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.420987, "energy": 50.589089, "activity_lines": [ 25.843333, 26.421418, 26.578228, 27.448744 ] }, { "date": "2026-08-07", "close": 26.299999, "volume": 31930537, "typical_volume": 52427291.95, "trend": 29.095006, "fair_value": 19.509988, "relative_strength": -24.821606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.931216, "energy": 43.928768, "activity_lines": [ 25.813333, 26.360554, 26.52466, 27.258052 ] }, { "date": "2026-08-14", "close": 26.4, "volume": 20725905, "typical_volume": 50889566.9, "trend": 28.728546, "fair_value": 19.574174, "relative_strength": -26.767608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.19295, "energy": 35.600572, "activity_lines": [ 25.953333, 26.308038, 26.4883, 27.08418 ] } ], "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." } } }