{ "ticker": { "uuid": "996abd83-50cb-493b-a182-515f147f0ab7", "symbol": "CLBIO", "name": "Corline Biomedical AB", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 52.74, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 52.928, "architecture_energy": 25.128, "architecture_maturity": 20.81, "architecture_confidence": 52.893, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.36, "rotation_up": 36.57, "upward_expansion": 63.77, "deceleration": 67.23, "rotation_down": 21.5, "downward_expansion": 6.44 }, "activity_lines": [ 17.84, 17.748182, 17.668095, 17.332258 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 18.450001, "trend_reference": 17.026667, "distance_from_trend": 0.083594, "trend_direction": "Weakening", "fair_value": 13.31641, "distance_from_fair_value": 0.385509, "fair_value_direction": "Improving", "relative_strength": -3.844712, "relative_strength_direction": "Weakening", "price_momentum": 0.153125, "excess_performance": 0.091631, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083594, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002051, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.385509, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052507, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038447, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.070124, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.153125, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.695574, "read": "Demand-led" } ], "volume": { "latest": 46308, "relative_activity": 0.990718, "balance": 2.695574, "dry_up": 0.516277, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.077548, "annualized_volatility": 0.263269, "from_high_reference": -0.321691, "from_low_reference": 0.64 }, "levels": { "trend_reference": 17.026667, "fair_value_reference": 13.31641, "structural_low": 14.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.012009, "positive_rate": 0.4375, "directional_follow_through": 0.4375, "median_excess_return": -0.00959, "regime_survival": 0.5625, "best_return": 0.481651, "worst_return": -0.283186, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.020704, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.014437, "regime_survival": 0.285714, "best_return": 0.516227, "worst_return": -0.40708, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.061947, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.134546, "regime_survival": 0.2, "best_return": 0.547619, "worst_return": -0.334708, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.179661, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.029419, "regime_survival": 0.0, "best_return": 0.475155, "worst_return": -0.348344, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-22", "end": "2024-07-26", "tenure": "Established", "return": 0.028689, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.093985, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": -0.153982, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.046809, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": -0.0375, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-07-04", "tenure": "Established", "return": 0.344937, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": -0.091241, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": 0.158301, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-11-21", "tenure": "Developing", "return": 0.306897, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-02-20", "tenure": "Established", "return": -0.178771, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-04-03", "tenure": "Developing", "return": 0.0347, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-22", "tenure": "Developing", "return": 0.133957, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.066313, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.039437, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.049999, "volume": 160119, "typical_volume": 86679.65, "trend": 12.864, "fair_value": 12.803965, "relative_strength": 41.191733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.409833, "energy": 46.356947, "activity_lines": [ 16.63, 16.294545, 15.601857, 14.436817 ] }, { "date": "2023-08-25", "close": 15.5, "volume": 73027, "typical_volume": 88288.1, "trend": 13.07, "fair_value": 12.801096, "relative_strength": 35.255794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.819254, "energy": 29.516567, "activity_lines": [ 16.206666, 16.215454, 15.689524, 14.606882 ] }, { "date": "2023-09-01", "close": 16.9, "volume": 42466, "typical_volume": 89157.85, "trend": 13.333333, "fair_value": 12.814059, "relative_strength": 43.720487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.174284, "energy": 29.95168, "activity_lines": [ 16.346666, 16.388182, 15.882143, 14.853978 ] }, { "date": "2023-09-08", "close": 16.299999, "volume": 127300, "typical_volume": 92767.15, "trend": 13.576667, "fair_value": 12.804475, "relative_strength": 38.190176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.393776, "energy": 23.17849, "activity_lines": [ 16.303333, 16.418182, 15.983809, 15.045376 ] }, { "date": "2023-09-15", "close": 16.700001, "volume": 12684, "typical_volume": 88648.7, "trend": 13.822667, "fair_value": 12.797144, "relative_strength": 39.154261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.500038, "energy": 25.158069, "activity_lines": [ 16.43, 16.483636, 16.097857, 15.246882 ] }, { "date": "2023-09-22", "close": 16.4, "volume": 52911, "typical_volume": 78634.1, "trend": 14.021, "fair_value": 12.789759, "relative_strength": 37.14581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.871096, "energy": 28.314943, "activity_lines": [ 16.466667, 16.462727, 16.15381, 15.413161 ] }, { "date": "2023-09-29", "close": 14.7, "volume": 29352, "typical_volume": 60149.5, "trend": 14.182333, "fair_value": 12.769919, "relative_strength": 22.760181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.773585, "energy": 10.891005, "activity_lines": [ 15.913333, 16.123636, 16.035238, 15.456968 ] }, { "date": "2023-10-06", "close": 14.55, "volume": 49147, "typical_volume": 58642.05, "trend": 14.348, "fair_value": 12.755351, "relative_strength": 20.804652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.176061, "energy": 8.771192, "activity_lines": [ 15.363333, 15.798182, 15.916905, 15.480688 ] }, { "date": "2023-10-13", "close": 13.75, "volume": 23378, "typical_volume": 54708.75, "trend": 14.503667, "fair_value": 12.727863, "relative_strength": 11.712172, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.444293, "energy": 18.09917, "activity_lines": [ 14.703333, 15.374545, 15.73, 15.442108 ] }, { "date": "2023-10-20", "close": 13.6, "volume": 12576, "typical_volume": 48504.5, "trend": 14.654333, "fair_value": 12.71188, "relative_strength": 15.642316, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.776449, "energy": 34.72693, "activity_lines": [ 14.163333, 14.98, 15.532381, 15.383806 ] }, { "date": "2023-10-27", "close": 13.95, "volume": 11161, "typical_volume": 47410.0, "trend": 14.798, "fair_value": 12.698452, "relative_strength": 19.324218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.934215, "energy": 39.704757, "activity_lines": [ 13.946667, 14.708182, 15.374524, 15.338366 ] }, { "date": "2023-11-03", "close": 13.85, "volume": 6481, "typical_volume": 46230.35, "trend": 14.941667, "fair_value": 12.685318, "relative_strength": 13.385982, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.463074, "energy": 41.277443, "activity_lines": [ 13.86, 14.456364, 15.209286, 15.277204 ] }, { "date": "2023-11-10", "close": 12.8, "volume": 29017, "typical_volume": 45602.4, "trend": 15.041667, "fair_value": 12.66483, "relative_strength": 4.754956, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.686516, "energy": 37.841672, "activity_lines": [ 13.48, 14.043636, 14.95119, 15.139032 ] }, { "date": "2023-11-17", "close": 11.4, "volume": 46442, "typical_volume": 45785.5, "trend": 15.058333, "fair_value": 12.630693, "relative_strength": -10.523466, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.144466, "energy": 58.789858, "activity_lines": [ 12.75, 13.450909, 14.570476, 14.904086 ] }, { "date": "2023-11-24", "close": 11.9, "volume": 12005, "typical_volume": 42050.9, "trend": 15.105, "fair_value": 12.609423, "relative_strength": -8.000989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.837013, "energy": 61.349057, "activity_lines": [ 12.343333, 13.038182, 14.250952, 14.700323 ] }, { "date": "2023-12-01", "close": 14.25, "volume": 92048, "typical_volume": 46068.3, "trend": 15.121667, "fair_value": 12.607268, "relative_strength": 8.500568, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.647458, "energy": 45.594865, "activity_lines": [ 12.833333, 13.14, 14.169762, 14.645161 ] }, { "date": "2023-12-08", "close": 13.0, "volume": 15182, "typical_volume": 44489.5, "trend": 14.963333, "fair_value": 12.602711, "relative_strength": -4.06521, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.964931, "energy": 35.876403, "activity_lines": [ 12.886667, 13.053636, 13.977381, 14.50828 ] }, { "date": "2023-12-15", "close": 14.0, "volume": 35697, "typical_volume": 45129.95, "trend": 14.891667, "fair_value": 12.601135, "relative_strength": -0.34431, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.810044, "energy": 20.992217, "activity_lines": [ 13.33, 13.18, 13.899048, 14.446129 ] }, { "date": "2023-12-22", "close": 14.15, "volume": 17587, "typical_volume": 44547.55, "trend": 14.88, "fair_value": 12.603638, "relative_strength": 0.604322, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.483121, "energy": 18.631919, "activity_lines": [ 13.743333, 13.343636, 13.85, 14.39828 ] }, { "date": "2023-12-29", "close": 14.9, "volume": 12126, "typical_volume": 43035.3, "trend": 14.878333, "fair_value": 12.605962, "relative_strength": 4.426452, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.297969, "energy": 14.83152, "activity_lines": [ 14.223333, 13.636364, 13.885238, 14.39957 ] }, { "date": "2024-01-05", "close": 15.1, "volume": 7020, "typical_volume": 35380.35, "trend": 14.901667, "fair_value": 12.608846, "relative_strength": 7.872183, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.234916, "energy": 15.4387, "activity_lines": [ 14.57, 13.941818, 13.94881, 14.413871 ] }, { "date": "2024-01-12", "close": 15.35, "volume": 10458, "typical_volume": 32251.9, "trend": 14.901667, "fair_value": 12.616218, "relative_strength": 8.035415, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.476281, "energy": 17.916221, "activity_lines": [ 14.943333, 14.271818, 14.040714, 14.442796 ] }, { "date": "2024-01-19", "close": 15.25, "volume": 2697, "typical_volume": 30263.45, "trend": 14.908333, "fair_value": 12.613974, "relative_strength": 9.165736, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.299739, "energy": 21.578041, "activity_lines": [ 15.126667, 14.556364, 14.12381, 14.465269 ] }, { "date": "2024-01-26", "close": 15.2, "volume": 10566, "typical_volume": 24426.75, "trend": 14.94, "fair_value": 12.616859, "relative_strength": 4.774651, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.206902, "energy": 25.420759, "activity_lines": [ 15.21, 14.787273, 14.21, 14.484086 ] }, { "date": "2024-02-02", "close": 14.95, "volume": 32818, "typical_volume": 25433.45, "trend": 14.94, "fair_value": 12.622949, "relative_strength": 2.379279, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.61897, "energy": 23.596234, "activity_lines": [ 15.14, 14.903636, 14.277619, 14.484731 ] }, { "date": "2024-02-09", "close": 13.9, "volume": 57594, "typical_volume": 25667.6, "trend": 14.873333, "fair_value": 12.622308, "relative_strength": -4.725384, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -24.118219, "energy": 12.975829, "activity_lines": [ 14.716667, 14.773636, 14.253571, 14.417634 ] }, { "date": "2024-02-16", "close": 14.55, "volume": 19502, "typical_volume": 25175.1, "trend": 14.793333, "fair_value": 12.626795, "relative_strength": -3.178641, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.711392, "energy": 11.288521, "activity_lines": [ 14.59, 14.768182, 14.303333, 14.396774 ] }, { "date": "2024-02-23", "close": 13.75, "volume": 56556, "typical_volume": 25545.55, "trend": 14.68, "fair_value": 12.625192, "relative_strength": -9.751924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.394711, "energy": 19.671215, "activity_lines": [ 14.25, 14.589091, 14.277619, 14.329462 ] }, { "date": "2024-03-01", "close": 12.65, "volume": 162598, "typical_volume": 32506.55, "trend": 14.54, "fair_value": 12.616538, "relative_strength": -18.042182, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.264428, "energy": 31.244644, "activity_lines": [ 13.643333, 14.214545, 14.150952, 14.198495 ] }, { "date": "2024-03-08", "close": 13.5, "volume": 19520, "typical_volume": 32853.75, "trend": 14.428333, "fair_value": 12.613333, "relative_strength": -13.736125, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.212989, "energy": 32.430385, "activity_lines": [ 13.49, 14.021818, 14.110476, 14.131398 ] }, { "date": "2024-03-15", "close": 12.2, "volume": 63701, "typical_volume": 35480.75, "trend": 14.3, "fair_value": 12.606603, "relative_strength": -23.564966, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.639288, "energy": 52.133489, "activity_lines": [ 13.0, 13.618182, 13.946667, 13.987634 ] }, { "date": "2024-03-22", "close": 12.2, "volume": 21210, "typical_volume": 36217.2, "trend": 14.19, "fair_value": 12.607885, "relative_strength": -23.694951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.262893, "energy": 58.876149, "activity_lines": [ 12.623333, 13.267273, 13.79119, 13.852151 ] }, { "date": "2024-03-29", "close": 11.9, "volume": 28862, "typical_volume": 36209.45, "trend": 14.023333, "fair_value": 12.61109, "relative_strength": -25.18539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.209689, "energy": 59.387946, "activity_lines": [ 12.303333, 12.919091, 13.615, 13.704409 ] }, { "date": "2024-04-05", "close": 12.0, "volume": 81237, "typical_volume": 37949.2, "trend": 13.88, "fair_value": 12.614615, "relative_strength": -24.248806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.748657, "energy": 60.157631, "activity_lines": [ 12.14, 12.65, 13.452619, 13.573871 ] }, { "date": "2024-04-12", "close": 11.3, "volume": 35439, "typical_volume": 39120.9, "trend": 13.7, "fair_value": 12.614936, "relative_strength": -28.762606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.164639, "energy": 63.380326, "activity_lines": [ 11.786667, 12.311818, 13.220714, 13.407419 ] }, { "date": "2024-04-19", "close": 10.9, "volume": 32943, "typical_volume": 36165.65, "trend": 13.516667, "fair_value": 12.614295, "relative_strength": -31.045258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.141205, "energy": 65.048522, "activity_lines": [ 11.446667, 11.967273, 12.953571, 13.226774 ] }, { "date": "2024-04-26", "close": 10.3, "volume": 29017, "typical_volume": 36857.4, "trend": 13.37, "fair_value": 12.610769, "relative_strength": -36.142034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.101027, "energy": 71.707151, "activity_lines": [ 10.993333, 11.568182, 12.645238, 13.019247 ] }, { "date": "2024-05-03", "close": 10.45, "volume": 28927, "typical_volume": 36518.9, "trend": 13.233333, "fair_value": 12.605641, "relative_strength": -34.357688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.941121, "energy": 73.468264, "activity_lines": [ 10.716667, 11.273636, 12.364048, 12.83086 ] }, { "date": "2024-05-10", "close": 10.1, "volume": 29901, "typical_volume": 37134.6, "trend": 13.111667, "fair_value": 12.599872, "relative_strength": -37.895415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.904975, "energy": 76.553455, "activity_lines": [ 10.42, 10.975455, 12.066429, 12.62871 ] }, { "date": "2024-05-17", "close": 10.5, "volume": 29542, "typical_volume": 38005.4, "trend": 13.008333, "fair_value": 12.596667, "relative_strength": -34.18075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.774916, "energy": 66.595902, "activity_lines": [ 10.383333, 10.796364, 11.82619, 12.460215 ] }, { "date": "2024-05-24", "close": 10.55, "volume": 49340, "typical_volume": 40121.4, "trend": 12.895, "fair_value": 12.591218, "relative_strength": -33.939852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.511517, "energy": 56.475955, "activity_lines": [ 10.416667, 10.680909, 11.611667, 12.301613 ] }, { "date": "2024-05-31", "close": 11.35, "volume": 36042, "typical_volume": 41400.6, "trend": 12.811667, "fair_value": 12.592821, "relative_strength": -27.880877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.383402, "energy": 42.781538, "activity_lines": [ 10.74, 10.740909, 11.495, 12.201935 ] }, { "date": "2024-06-07", "close": 11.0, "volume": 17205, "typical_volume": 42126.0, "trend": 12.751667, "fair_value": 12.583526, "relative_strength": -30.165669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.288937, "energy": 33.595276, "activity_lines": [ 10.876667, 10.752727, 11.364048, 12.085054 ] }, { "date": "2024-06-14", "close": 12.35, "volume": 61536, "typical_volume": 44674.5, "trend": 12.783333, "fair_value": 12.588654, "relative_strength": -19.235255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.657839, "energy": 20.136464, "activity_lines": [ 11.426667, 11.026364, 11.381905, 12.05914 ] }, { "date": "2024-06-21", "close": 12.3, "volume": 35757, "typical_volume": 44821.45, "trend": 12.796667, "fair_value": 12.593141, "relative_strength": -19.435553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.865754, "energy": 20.900449, "activity_lines": [ 11.81, 11.284545, 11.408571, 12.027957 ] }, { "date": "2024-06-28", "close": 12.85, "volume": 28363, "typical_volume": 43359.9, "trend": 12.75, "fair_value": 12.601474, "relative_strength": -15.371104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.337079, "energy": 20.743631, "activity_lines": [ 12.256667, 11.624545, 11.500238, 12.031398 ] }, { "date": "2024-07-05", "close": 12.7, "volume": 18258, "typical_volume": 43297.7, "trend": 12.74, "fair_value": 12.607244, "relative_strength": -15.471953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.347852, "energy": 23.769315, "activity_lines": [ 12.5, 11.901818, 11.582619, 12.028172 ] }, { "date": "2024-07-12", "close": 12.5, "volume": 22105, "typical_volume": 41575.15, "trend": 12.69, "fair_value": 12.603397, "relative_strength": -18.527233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.38187, "energy": 19.867737, "activity_lines": [ 12.586667, 12.099091, 11.654762, 12.012688 ] }, { "date": "2024-07-19", "close": 12.7, "volume": 8974, "typical_volume": 33893.95, "trend": 12.641667, "fair_value": 12.596987, "relative_strength": -14.540124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.876989, "energy": 21.280902, "activity_lines": [ 12.64, 12.295455, 11.751905, 12.013333 ] }, { "date": "2024-07-26", "close": 12.55, "volume": 17004, "typical_volume": 33768.15, "trend": 12.563333, "fair_value": 12.597308, "relative_strength": -15.04032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.928971, "energy": 19.726956, "activity_lines": [ 12.62, 12.417273, 11.834524, 12.007419 ] }, { "date": "2024-08-02", "close": 13.3, "volume": 37272, "typical_volume": 32446.7, "trend": 12.503333, "fair_value": 12.580641, "relative_strength": -5.173201, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.70788, "energy": 22.631414, "activity_lines": [ 12.833333, 12.638182, 11.993095, 12.054946 ] }, { "date": "2024-08-09", "close": 12.05, "volume": 54183, "typical_volume": 34095.35, "trend": 12.393333, "fair_value": 12.560128, "relative_strength": -12.983332, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.71102, "energy": 15.66558, "activity_lines": [ 12.6, 12.581818, 12.027381, 12.025699 ] }, { "date": "2024-08-16", "close": 11.3, "volume": 11961, "typical_volume": 33250.3, "trend": 12.261667, "fair_value": 12.538333, "relative_strength": -19.974291, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.408384, "energy": 6.111905, "activity_lines": [ 12.16, 12.376364, 11.990952, 11.955161 ] }, { "date": "2024-08-23", "close": 9.78, "volume": 35360, "typical_volume": 30956.45, "trend": 12.081, "fair_value": 12.500705, "relative_strength": -30.635374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.555356, "energy": 29.448527, "activity_lines": [ 11.293333, 11.889091, 11.812619, 11.795054 ] }, { "date": "2024-08-30", "close": 9.56, "volume": 57028, "typical_volume": 32035.9, "trend": 11.901333, "fair_value": 12.460385, "relative_strength": -32.196029, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.266896, "energy": 53.344586, "activity_lines": [ 10.548, 11.408545, 11.623905, 11.632409 ] }, { "date": "2024-09-06", "close": 9.4, "volume": 17538, "typical_volume": 31265.65, "trend": 11.751333, "fair_value": 12.415513, "relative_strength": -29.315123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.108592, "energy": 70.36654, "activity_lines": [ 9.948667, 10.948727, 11.428238, 11.471032 ] }, { "date": "2024-09-13", "close": 8.1, "volume": 50815, "typical_volume": 32355.55, "trend": 11.536333, "fair_value": 12.359423, "relative_strength": -39.196786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.775083, "energy": 83.343207, "activity_lines": [ 9.176, 10.315273, 11.115905, 11.235462 ] }, { "date": "2024-09-20", "close": 7.82, "volume": 43740, "typical_volume": 33096.2, "trend": 11.338667, "fair_value": 12.298654, "relative_strength": -41.559872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.386177, "energy": 86.225295, "activity_lines": [ 8.573333, 9.714545, 10.787381, 10.995699 ] }, { "date": "2024-09-27", "close": 7.92, "volume": 12401, "typical_volume": 32221.2, "trend": 11.181, "fair_value": 12.249103, "relative_strength": -41.33425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.205178, "energy": 85.942214, "activity_lines": [ 8.236, 9.217091, 10.480905, 10.77514 ] }, { "date": "2024-10-04", "close": 9.06, "volume": 99826, "typical_volume": 35735.4, "trend": 11.033, "fair_value": 12.211026, "relative_strength": -31.122911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.82665, "energy": 76.253825, "activity_lines": [ 8.402667, 9.013818, 10.293381, 10.638301 ] }, { "date": "2024-10-11", "close": 8.28, "volume": 14527, "typical_volume": 33994.75, "trend": 10.902333, "fair_value": 12.163141, "relative_strength": -35.934771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.08523, "energy": 64.173689, "activity_lines": [ 8.342667, 8.732182, 10.038429, 10.460688 ] }, { "date": "2024-10-18", "close": 7.7, "volume": 13262, "typical_volume": 32855.75, "trend": 10.752333, "fair_value": 12.112821, "relative_strength": -39.719844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.291504, "energy": 56.366394, "activity_lines": [ 8.164, 8.436364, 9.739048, 10.254086 ] }, { "date": "2024-10-25", "close": 8.5, "volume": 21370, "typical_volume": 33064.0, "trend": 10.639, "fair_value": 12.066987, "relative_strength": -32.474909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.100295, "energy": 46.180347, "activity_lines": [ 8.278667, 8.365091, 9.533238, 10.108774 ] }, { "date": "2024-11-01", "close": 8.0, "volume": 22545, "typical_volume": 31114.45, "trend": 10.505667, "fair_value": 12.022115, "relative_strength": -34.70057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.743658, "energy": 48.133835, "activity_lines": [ 8.181333, 8.253818, 9.291714, 9.938516 ] }, { "date": "2024-11-08", "close": 6.32, "volume": 179622, "typical_volume": 38307.7, "trend": 10.339667, "fair_value": 11.968718, "relative_strength": -47.692213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.803772, "energy": 62.877553, "activity_lines": [ 7.518667, 7.869455, 8.910905, 9.668473 ] }, { "date": "2024-11-15", "close": 6.7, "volume": 173236, "typical_volume": 45551.35, "trend": 10.199667, "fair_value": 11.919359, "relative_strength": -42.885036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.777655, "energy": 65.300339, "activity_lines": [ 7.165333, 7.613091, 8.594762, 9.433656 ] }, { "date": "2024-11-22", "close": 6.42, "volume": 255497, "typical_volume": 57413.3, "trend": 10.070333, "fair_value": 11.868205, "relative_strength": -44.728183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.258778, "energy": 78.673524, "activity_lines": [ 6.824, 7.354909, 8.281238, 9.189806 ] }, { "date": "2024-11-29", "close": 6.7, "volume": 475726, "typical_volume": 80094.35, "trend": 9.945333, "fair_value": 11.822372, "relative_strength": -41.41753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.444373, "energy": 76.97269, "activity_lines": [ 6.661333, 7.178182, 8.024286, 8.972366 ] }, { "date": "2024-12-06", "close": 7.38, "volume": 276012, "typical_volume": 93446.25, "trend": 9.854667, "fair_value": 11.781859, "relative_strength": -37.208028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.777968, "energy": 52.388781, "activity_lines": [ 6.845333, 7.145455, 7.859714, 8.80686 ] }, { "date": "2024-12-13", "close": 8.28, "volume": 208778, "typical_volume": 103034.95, "trend": 9.780667, "fair_value": 11.748077, "relative_strength": -27.135047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.286874, "energy": 36.283762, "activity_lines": [ 7.370667, 7.286182, 7.80619, 8.705269 ] }, { "date": "2024-12-20", "close": 8.68, "volume": 106709, "typical_volume": 106506.8, "trend": 9.718333, "fair_value": 11.704679, "relative_strength": -20.249849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.73211, "energy": 21.076203, "activity_lines": [ 7.898667, 7.513818, 7.811095, 8.634258 ] }, { "date": "2024-12-27", "close": 8.86, "volume": 80352, "typical_volume": 107815.25, "trend": 9.635333, "fair_value": 11.667885, "relative_strength": -18.153872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.795229, "energy": 21.791892, "activity_lines": [ 8.354667, 7.766909, 7.855143, 8.578882 ] }, { "date": "2025-01-03", "close": 9.84, "volume": 102452, "typical_volume": 112339.8, "trend": 9.596667, "fair_value": 11.637692, "relative_strength": -8.844741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.969974, "energy": 27.43159, "activity_lines": [ 8.974667, 8.177091, 8.007714, 8.592086 ] }, { "date": "2025-01-10", "close": 9.6, "volume": 121895, "typical_volume": 116666.55, "trend": 9.505, "fair_value": 11.606603, "relative_strength": -10.415032, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.164759, "energy": 27.873284, "activity_lines": [ 9.305333, 8.519273, 8.144381, 8.592301 ] }, { "date": "2025-01-17", "close": 9.64, "volume": 85826, "typical_volume": 118106.45, "trend": 9.416333, "fair_value": 11.585064, "relative_strength": -12.085566, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.311693, "energy": 37.301939, "activity_lines": [ 9.501333, 8.839636, 8.285714, 8.601011 ] }, { "date": "2025-01-24", "close": 10.4, "volume": 169605, "typical_volume": 125709.8, "trend": 9.334667, "fair_value": 11.569038, "relative_strength": -5.926081, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.707782, "energy": 51.307462, "activity_lines": [ 9.86, 9.237818, 8.499048, 8.664473 ] }, { "date": "2025-01-31", "close": 9.42, "volume": 122462, "typical_volume": 129292.15, "trend": 9.225333, "fair_value": 11.548654, "relative_strength": -13.699905, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.043945, "energy": 31.818435, "activity_lines": [ 9.777333, 9.390545, 8.614286, 8.669978 ] }, { "date": "2025-02-07", "close": 11.2, "volume": 149702, "typical_volume": 134590.25, "trend": 9.182, "fair_value": 11.538718, "relative_strength": 4.62384, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.891617, "energy": 45.711833, "activity_lines": [ 10.250667, 9.812364, 8.892762, 8.797376 ] }, { "date": "2025-02-14", "close": 10.6, "volume": 86646, "typical_volume": 138302.5, "trend": 9.112, "fair_value": 11.535513, "relative_strength": -2.809916, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.009341, "energy": 42.224488, "activity_lines": [ 10.433333, 10.043273, 9.098, 8.88886 ] }, { "date": "2025-02-21", "close": 10.05, "volume": 100316, "typical_volume": 138327.0, "trend": 9.028667, "fair_value": 11.52141, "relative_strength": -7.22907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.010227, "energy": 31.631432, "activity_lines": [ 10.366, 10.115636, 9.238095, 8.949376 ] }, { "date": "2025-02-28", "close": 10.05, "volume": 42566, "typical_volume": 139728.95, "trend": 8.920333, "fair_value": 11.510192, "relative_strength": -6.588714, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.247735, "energy": 37.88374, "activity_lines": [ 10.271333, 10.155818, 9.373476, 9.015269 ] }, { "date": "2025-03-07", "close": 9.24, "volume": 47060, "typical_volume": 141418.85, "trend": 8.826667, "fair_value": 11.48641, "relative_strength": -13.398432, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 39.422924, "energy": 23.176632, "activity_lines": [ 9.93, 10.023818, 9.423286, 9.035892 ] }, { "date": "2025-03-14", "close": 9.48, "volume": 20082, "typical_volume": 141354.45, "trend": 8.766, "fair_value": 11.462885, "relative_strength": -9.024541, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.168702, "energy": 19.196198, "activity_lines": [ 9.680667, 9.928545, 9.488619, 9.078043 ] }, { "date": "2025-03-21", "close": 9.76, "volume": 66089, "typical_volume": 143531.65, "trend": 8.765333, "fair_value": 11.445641, "relative_strength": -3.924754, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.38524, "energy": 18.573321, "activity_lines": [ 9.639333, 9.890727, 9.575952, 9.142172 ] }, { "date": "2025-03-28", "close": 9.86, "volume": 58756, "typical_volume": 137488.35, "trend": 8.775333, "fair_value": 11.425513, "relative_strength": 0.794056, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.325426, "energy": 16.957371, "activity_lines": [ 9.687333, 9.868182, 9.664429, 9.212796 ] }, { "date": "2025-04-04", "close": 9.08, "volume": 95344, "typical_volume": 133593.75, "trend": 8.764667, "fair_value": 11.398782, "relative_strength": 3.611493, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.973258, "energy": 13.381308, "activity_lines": [ 9.488, 9.699818, 9.661762, 9.232452 ] }, { "date": "2025-04-11", "close": 8.64, "volume": 84080, "typical_volume": 125022.9, "trend": 8.782667, "fair_value": 11.373077, "relative_strength": -0.635992, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.009623, "energy": 7.226997, "activity_lines": [ 9.206667, 9.475455, 9.605857, 9.224409 ] }, { "date": "2025-04-18", "close": 8.98, "volume": 35768, "typical_volume": 103025.0, "trend": 8.821333, "fair_value": 11.350192, "relative_strength": 0.129805, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.065867, "energy": 11.092078, "activity_lines": [ 9.078667, 9.327091, 9.571762, 9.23714 ] }, { "date": "2025-04-25", "close": 9.3, "volume": 71840, "typical_volume": 92816.4, "trend": 8.867333, "fair_value": 11.329359, "relative_strength": 0.746897, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.608769, "energy": 12.677725, "activity_lines": [ 9.090667, 9.277273, 9.557286, 9.268022 ] }, { "date": "2025-05-02", "close": 10.4, "volume": 78351, "typical_volume": 86295.05, "trend": 8.912, "fair_value": 11.322949, "relative_strength": 10.974545, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.578152, "energy": 15.314569, "activity_lines": [ 9.5, 9.451091, 9.638429, 9.366903 ] }, { "date": "2025-05-09", "close": 10.15, "volume": 52651, "typical_volume": 83592.15, "trend": 8.974333, "fair_value": 11.309487, "relative_strength": 8.741531, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.247012, "energy": 21.490713, "activity_lines": [ 9.79, 9.573091, 9.685667, 9.446774 ] }, { "date": "2025-05-16", "close": 10.05, "volume": 82429, "typical_volume": 83696.0, "trend": 9.052667, "fair_value": 11.296346, "relative_strength": 3.690862, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 37.802635, "energy": 28.123713, "activity_lines": [ 9.975333, 9.675091, 9.716381, 9.516172 ] }, { "date": "2025-05-23", "close": 9.92, "volume": 66039, "typical_volume": 81875.35, "trend": 9.1, "fair_value": 11.283013, "relative_strength": 5.021275, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.520346, "energy": 32.581807, "activity_lines": [ 10.023333, 9.738727, 9.729048, 9.572129 ] }, { "date": "2025-05-30", "close": 10.0, "volume": 41920, "typical_volume": 77876.6, "trend": 9.166667, "fair_value": 11.275, "relative_strength": 5.356534, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.833373, "energy": 35.429805, "activity_lines": [ 10.035333, 9.808909, 9.748952, 9.630194 ] }, { "date": "2025-06-06", "close": 9.7, "volume": 88855, "typical_volume": 78028.05, "trend": 9.279333, "fair_value": 11.265705, "relative_strength": 1.340786, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.715947, "energy": 21.926258, "activity_lines": [ 9.900667, 9.820182, 9.738381, 9.664602 ] }, { "date": "2025-06-13", "close": 10.15, "volume": 88362, "typical_volume": 73965.9, "trend": 9.394333, "fair_value": 11.258333, "relative_strength": 9.094734, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.919998, "energy": 22.443747, "activity_lines": [ 9.962667, 9.916182, 9.770381, 9.720774 ] }, { "date": "2025-06-20", "close": 9.84, "volume": 69592, "typical_volume": 71322.4, "trend": 9.508333, "fair_value": 11.256346, "relative_strength": 6.712937, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.377034, "energy": 15.311707, "activity_lines": [ 9.921333, 9.936364, 9.774048, 9.749527 ] }, { "date": "2025-06-27", "close": 10.95, "volume": 90738, "typical_volume": 68374.2, "trend": 9.65, "fair_value": 11.263846, "relative_strength": 16.328767, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.808348, "energy": 29.909623, "activity_lines": [ 10.264, 10.136545, 9.881429, 9.842538 ] }, { "date": "2025-07-04", "close": 12.75, "volume": 290105, "typical_volume": 78547.15, "trend": 9.829, "fair_value": 11.283526, "relative_strength": 35.034522, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 78.620811, "energy": 66.550158, "activity_lines": [ 11.138, 10.628182, 10.161429, 10.042538 ] }, { "date": "2025-07-11", "close": 13.7, "volume": 129894, "typical_volume": 80026.05, "trend": 10.009667, "fair_value": 11.310962, "relative_strength": 42.780693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.454213, "energy": 82.508624, "activity_lines": [ 12.145333, 11.229818, 10.521667, 10.29228 ] }, { "date": "2025-07-18", "close": 13.0, "volume": 123754, "typical_volume": 84085.45, "trend": 10.153667, "fair_value": 11.325705, "relative_strength": 35.28423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.554126, "energy": 80.579966, "activity_lines": [ 12.652667, 11.644182, 10.797857, 10.485204 ] }, { "date": "2025-07-25", "close": 13.5, "volume": 84317, "typical_volume": 85948.3, "trend": 10.308333, "fair_value": 11.349679, "relative_strength": 37.055143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.492597, "energy": 83.048303, "activity_lines": [ 13.136667, 12.097636, 11.107619, 10.701097 ] }, { "date": "2025-08-01", "close": 12.9, "volume": 61512, "typical_volume": 88019.8, "trend": 10.410333, "fair_value": 11.368397, "relative_strength": 34.92897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.811965, "energy": 78.336777, "activity_lines": [ 13.176667, 12.379273, 11.339952, 10.868301 ] }, { "date": "2025-08-08", "close": 13.05, "volume": 20315, "typical_volume": 85731.1, "trend": 10.525333, "fair_value": 11.387949, "relative_strength": 32.783175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.49205, "energy": 55.684269, "activity_lines": [ 13.136667, 12.634, 11.570286, 11.038602 ] }, { "date": "2025-08-15", "close": 12.65, "volume": 33079, "typical_volume": 84447.25, "trend": 10.625667, "fair_value": 11.406218, "relative_strength": 26.66211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.369279, "energy": 44.781632, "activity_lines": [ 12.943333, 12.760545, 11.746857, 11.175677 ] }, { "date": "2025-08-22", "close": 12.45, "volume": 23170, "typical_volume": 80838.55, "trend": 10.694, "fair_value": 11.419038, "relative_strength": 21.903643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.400977, "energy": 32.620406, "activity_lines": [ 12.753333, 12.797091, 11.891095, 11.293376 ] }, { "date": "2025-08-29", "close": 12.95, "volume": 53850, "typical_volume": 79327.05, "trend": 10.811667, "fair_value": 11.435385, "relative_strength": 29.056628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.729834, "energy": 29.925389, "activity_lines": [ 12.766667, 12.882727, 12.066905, 11.438925 ] }, { "date": "2025-09-05", "close": 15.0, "volume": 603268, "typical_volume": 107702.05, "trend": 10.938333, "fair_value": 11.465192, "relative_strength": 48.001032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.280728, "energy": 44.720555, "activity_lines": [ 13.5, 13.284545, 12.417429, 11.70914 ] }, { "date": "2025-09-12", "close": 14.5, "volume": 47523, "typical_volume": 106486.2, "trend": 11.068333, "fair_value": 11.495962, "relative_strength": 40.984213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.945009, "energy": 45.975185, "activity_lines": [ 13.926667, 13.521818, 12.691667, 11.938925 ] }, { "date": "2025-09-19", "close": 14.85, "volume": 45923, "typical_volume": 104864.8, "trend": 11.228333, "fair_value": 11.535641, "relative_strength": 41.978738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.343013, "energy": 58.008478, "activity_lines": [ 14.373333, 13.790909, 12.974476, 12.182903 ] }, { "date": "2025-09-26", "close": 14.55, "volume": 48605, "typical_volume": 104662.5, "trend": 11.378333, "fair_value": 11.569936, "relative_strength": 37.530389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.667524, "energy": 60.660934, "activity_lines": [ 14.573333, 13.984545, 13.207524, 12.397204 ] }, { "date": "2025-10-03", "close": 19.85, "volume": 947483, "typical_volume": 147915.2, "trend": 11.732, "fair_value": 11.639615, "relative_strength": 78.570855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.058723, "energy": 73.250009, "activity_lines": [ 16.4, 15.113636, 13.924381, 12.943763 ] }, { "date": "2025-10-10", "close": 19.0, "volume": 1299206, "typical_volume": 209573.55, "trend": 12.049333, "fair_value": 11.704359, "relative_strength": 69.228416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.616254, "energy": 75.358905, "activity_lines": [ 17.483333, 15.972727, 14.513619, 13.412667 ] }, { "date": "2025-10-17", "close": 20.799999, "volume": 311528, "typical_volume": 223053.95, "trend": 12.417333, "fair_value": 11.783077, "relative_strength": 81.69202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.372009, "energy": 83.507022, "activity_lines": [ 18.9, 17.048182, 15.231048, 13.977226 ] }, { "date": "2025-10-24", "close": 20.9, "volume": 145735, "typical_volume": 225897.95, "trend": 12.785333, "fair_value": 11.859487, "relative_strength": 73.639656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.212115, "energy": 85.087923, "activity_lines": [ 19.93, 18.000909, 15.906571, 14.524495 ] }, { "date": "2025-10-31", "close": 19.799999, "volume": 71338, "typical_volume": 225046.75, "trend": 13.142667, "fair_value": 11.929359, "relative_strength": 62.760429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.748904, "energy": 76.351167, "activity_lines": [ 20.189999, 18.603636, 16.424, 14.977054 ] }, { "date": "2025-11-07", "close": 19.450001, "volume": 73580, "typical_volume": 225246.15, "trend": 13.503, "fair_value": 11.995321, "relative_strength": 58.645562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.46508, "energy": 58.447784, "activity_lines": [ 19.983333, 19.009091, 16.862143, 15.383978 ] }, { "date": "2025-11-14", "close": 19.200001, "volume": 102381, "typical_volume": 225828.3, "trend": 13.843667, "fair_value": 12.061603, "relative_strength": 52.436174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.536016, "energy": 48.217851, "activity_lines": [ 19.72, 19.250909, 17.230714, 15.751527 ] }, { "date": "2025-11-21", "close": 18.950001, "volume": 193957, "typical_volume": 221020.9, "trend": 14.165333, "fair_value": 12.11609, "relative_strength": 50.835117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.522491, "energy": 35.255167, "activity_lines": [ 19.360001, 19.370909, 17.536191, 16.080968 ] }, { "date": "2025-11-28", "close": 17.9, "volume": 136303, "typical_volume": 221341.35, "trend": 14.415333, "fair_value": 12.16891, "relative_strength": 35.850392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.198196, "energy": 27.114079, "activity_lines": [ 18.773334, 19.219091, 17.712143, 16.321914 ] }, { "date": "2025-12-05", "close": 17.75, "volume": 64872, "typical_volume": 218397.25, "trend": 14.668667, "fair_value": 12.221923, "relative_strength": 31.0178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.692888, "energy": 21.253601, "activity_lines": [ 18.336667, 18.984546, 17.85381, 16.537054 ] }, { "date": "2025-12-12", "close": 17.0, "volume": 76689, "typical_volume": 218015.85, "trend": 14.900333, "fair_value": 12.273205, "relative_strength": 24.340856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.957009, "energy": 19.233268, "activity_lines": [ 17.786667, 18.555455, 17.901429, 16.687462 ] }, { "date": "2025-12-19", "close": 16.200001, "volume": 195140, "typical_volume": 224697.25, "trend": 15.109667, "fair_value": 12.319359, "relative_strength": 16.629237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.344203, "energy": 17.34264, "activity_lines": [ 17.133334, 18.032728, 17.856191, 16.771312 ] }, { "date": "2025-12-26", "close": 16.35, "volume": 6091, "typical_volume": 223986.05, "trend": 15.321333, "fair_value": 12.365064, "relative_strength": 16.387642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.101819, "energy": 13.882843, "activity_lines": [ 16.73, 17.588182, 17.809524, 16.851333 ] }, { "date": "2026-01-02", "close": 17.299999, "volume": 115735, "typical_volume": 228118.85, "trend": 15.574667, "fair_value": 12.414423, "relative_strength": 20.795231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.83178, "energy": 17.232129, "activity_lines": [ 16.816667, 17.397273, 17.837619, 16.978989 ] }, { "date": "2026-01-09", "close": 18.299999, "volume": 105283, "typical_volume": 232224.5, "trend": 15.846333, "fair_value": 12.47109, "relative_strength": 22.650832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.438835, "energy": 14.308017, "activity_lines": [ 17.276666, 17.453636, 17.93881, 17.154817 ] }, { "date": "2026-01-16", "close": 18.200001, "volume": 53521, "typical_volume": 232208.05, "trend": 16.125, "fair_value": 12.529679, "relative_strength": 18.346049, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.81471, "energy": 17.823675, "activity_lines": [ 17.666667, 17.519091, 18.002619, 17.306667 ] }, { "date": "2026-01-23", "close": 17.9, "volume": 132689, "typical_volume": 208679.1, "trend": 16.356667, "fair_value": 12.584679, "relative_strength": 16.473806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.154577, "energy": 22.937123, "activity_lines": [ 17.876667, 17.552727, 18.012857, 17.421183 ] }, { "date": "2026-01-30", "close": 17.4, "volume": 63526, "typical_volume": 209479.25, "trend": 16.511667, "fair_value": 12.638526, "relative_strength": 11.799597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.9016, "energy": 21.474614, "activity_lines": [ 17.806667, 17.519091, 17.961667, 17.488495 ] }, { "date": "2026-02-06", "close": 16.0, "volume": 91237, "typical_volume": 211744.95, "trend": 16.588333, "fair_value": 12.683397, "relative_strength": -0.617469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.043764, "energy": 5.505849, "activity_lines": [ 17.2, 17.259091, 17.763333, 17.455484 ] }, { "date": "2026-02-13", "close": 16.1, "volume": 65925, "typical_volume": 212610.95, "trend": 16.691667, "fair_value": 12.726859, "relative_strength": -0.44152, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.158997, "energy": 21.648619, "activity_lines": [ 16.713333, 17.051818, 17.569048, 17.423979 ] }, { "date": "2026-02-20", "close": 14.7, "volume": 220760, "typical_volume": 176274.8, "trend": 16.731667, "fair_value": 12.754103, "relative_strength": -11.141196, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.823538, "energy": 59.432392, "activity_lines": [ 15.906667, 16.62, 17.234048, 17.295484 ] }, { "date": "2026-02-27", "close": 15.85, "volume": 48709, "typical_volume": 113749.95, "trend": 16.83, "fair_value": 12.7925, "relative_strength": -5.874839, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.788104, "energy": 58.637114, "activity_lines": [ 15.716667, 16.439091, 17.033095, 17.238602 ] }, { "date": "2026-03-06", "close": 15.9, "volume": 34743, "typical_volume": 99910.7, "trend": 16.925, "fair_value": 12.833013, "relative_strength": -0.530186, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.542912, "energy": 55.047546, "activity_lines": [ 15.68, 16.273636, 16.851905, 17.178602 ] }, { "date": "2026-03-13", "close": 15.35, "volume": 35590, "typical_volume": 94403.45, "trend": 17.015, "fair_value": 12.873205, "relative_strength": -3.885018, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.754839, "energy": 52.701152, "activity_lines": [ 15.56, 16.016364, 16.641667, 17.076989 ] }, { "date": "2026-03-20", "close": 15.85, "volume": 33553, "typical_volume": 92514.2, "trend": 17.128333, "fair_value": 12.916603, "relative_strength": 3.894366, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.515911, "energy": 37.01243, "activity_lines": [ 15.65, 15.885455, 16.505476, 17.001828 ] }, { "date": "2026-03-27", "close": 16.35, "volume": 80906, "typical_volume": 92880.5, "trend": 17.241667, "fair_value": 12.959615, "relative_strength": 6.496408, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -40.235115, "energy": 25.585064, "activity_lines": [ 15.923333, 15.89, 16.435714, 16.951613 ] }, { "date": "2026-04-03", "close": 16.4, "volume": 75341, "typical_volume": 91528.5, "trend": 17.288333, "fair_value": 13.00359, "relative_strength": 2.582299, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -35.928591, "energy": 20.515775, "activity_lines": [ 16.103333, 15.937273, 16.385476, 16.897312 ] }, { "date": "2026-04-10", "close": 16.049999, "volume": 63748, "typical_volume": 85018.05, "trend": 17.34, "fair_value": 13.043654, "relative_strength": -4.727085, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.976481, "energy": 16.904247, "activity_lines": [ 16.13, 15.948182, 16.315238, 16.817419 ] }, { "date": "2026-04-17", "close": 16.5, "volume": 39977, "typical_volume": 80201.75, "trend": 17.395, "fair_value": 13.079551, "relative_strength": -4.743372, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.207948, "energy": 16.331554, "activity_lines": [ 16.296666, 16.065454, 16.301667, 16.763226 ] }, { "date": "2026-04-24", "close": 16.049999, "volume": 92158, "typical_volume": 81566.05, "trend": 17.445, "fair_value": 13.115128, "relative_strength": -5.368774, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.916829, "energy": 14.423004, "activity_lines": [ 16.236666, 16.091818, 16.251905, 16.676452 ] }, { "date": "2026-05-01", "close": 16.049999, "volume": 47438, "typical_volume": 80103.5, "trend": 17.318333, "fair_value": 13.129872, "relative_strength": -4.45671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.760727, "energy": 15.22899, "activity_lines": [ 16.163333, 16.11909, 16.210238, 16.586451 ] }, { "date": "2026-05-08", "close": 17.5, "volume": 132189, "typical_volume": 76955.95, "trend": 17.268333, "fair_value": 13.128269, "relative_strength": 3.1677, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.133166, "energy": 6.378445, "activity_lines": [ 16.593333, 16.385454, 16.31119, 16.598172 ] }, { "date": "2026-05-15", "close": 18.25, "volume": 89539, "typical_volume": 81128.35, "trend": 17.183333, "fair_value": 13.141731, "relative_strength": 8.132846, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.495394, "energy": 17.574721, "activity_lines": [ 17.2, 16.758181, 16.477381, 16.661505 ] }, { "date": "2026-05-22", "close": 18.200001, "volume": 44736, "typical_volume": 77578.4, "trend": 17.093333, "fair_value": 13.165449, "relative_strength": 3.438349, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.770467, "energy": 33.033438, "activity_lines": [ 17.643333, 17.079091, 16.629762, 16.727097 ] }, { "date": "2026-05-29", "close": 18.85, "volume": 81856, "typical_volume": 76407.05, "trend": 17.061667, "fair_value": 13.190449, "relative_strength": 6.673247, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.420454, "energy": 47.438507, "activity_lines": [ 18.19, 17.466364, 16.839762, 16.84043 ] }, { "date": "2026-06-05", "close": 18.0, "volume": 4125, "typical_volume": 73937.25, "trend": 17.013333, "fair_value": 13.213526, "relative_strength": 1.900719, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.768723, "energy": 48.578529, "activity_lines": [ 18.266667, 17.644545, 16.96619, 16.900968 ] }, { "date": "2026-06-12", "close": 17.700001, "volume": 5745, "typical_volume": 67590.05, "trend": 16.963333, "fair_value": 13.22859, "relative_strength": -0.233948, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.987059, "energy": 37.243384, "activity_lines": [ 18.113334, 17.738182, 17.065, 16.945269 ] }, { "date": "2026-06-19", "close": 17.75, "volume": 33112, "typical_volume": 66069.35, "trend": 16.923333, "fair_value": 13.245897, "relative_strength": -2.514485, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 51.198604, "energy": 30.557678, "activity_lines": [ 17.963334, 17.817273, 17.169524, 16.996021 ] }, { "date": "2026-06-26", "close": 17.6, "volume": 4654, "typical_volume": 61740.2, "trend": 16.913333, "fair_value": 13.267372, "relative_strength": -2.964027, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 37.758286, "energy": 20.261518, "activity_lines": [ 17.796667, 17.838182, 17.258095, 17.039677 ] }, { "date": "2026-07-03", "close": 17.75, "volume": 5274, "typical_volume": 58707.65, "trend": 16.913333, "fair_value": 13.285321, "relative_strength": -5.078834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.118747, "energy": 17.925954, "activity_lines": [ 17.72, 17.866364, 17.353333, 17.093656 ] }, { "date": "2026-07-10", "close": 17.450001, "volume": 37512, "typical_volume": 49545.25, "trend": 16.928333, "fair_value": 13.295256, "relative_strength": -4.68403, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.074743, "energy": 15.501321, "activity_lines": [ 17.616667, 17.809091, 17.412143, 17.12828 ] }, { "date": "2026-07-17", "close": 17.549999, "volume": 19567, "typical_volume": 48088.15, "trend": 16.973333, "fair_value": 13.299103, "relative_strength": -3.350707, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.81353, "energy": 14.004473, "activity_lines": [ 17.583333, 17.744546, 17.467381, 17.168387 ] }, { "date": "2026-07-24", "close": 17.6, "volume": 18353, "typical_volume": 47268.65, "trend": 17.015, "fair_value": 13.301987, "relative_strength": -4.77302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.259175, "energy": 13.645659, "activity_lines": [ 17.576667, 17.688182, 17.519286, 17.208817 ] }, { "date": "2026-07-31", "close": 17.5, "volume": 12299, "typical_volume": 46104.1, "trend": 17.021667, "fair_value": 13.306154, "relative_strength": -6.785948, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.110871, "energy": 12.808877, "activity_lines": [ 17.546667, 17.625455, 17.553571, 17.240108 ] }, { "date": "2026-08-07", "close": 18.450001, "volume": 46308, "typical_volume": 46741.85, "trend": 17.026667, "fair_value": 13.31641, "relative_strength": -3.844712, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.927701, "energy": 25.128318, "activity_lines": [ 17.84, 17.748182, 17.668095, 17.332258 ] } ], "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." } } }