{ "ticker": { "uuid": "9cba84ac-256f-492c-87b5-5c83dfc39f6f", "symbol": "6682", "name": "Hua Hsu Advanced Technology Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 60.037, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -28.824, "architecture_energy": 50.283, "architecture_maturity": 14.367, "architecture_confidence": 76.183, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 34.74, "rotation_up": 14.6, "upward_expansion": 24.87, "deceleration": 50.63, "rotation_down": 68.6, "downward_expansion": 54.54 }, "activity_lines": [ 37.626665, 42.427181, 47.983072, 46.200312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 35.599998, "trend_reference": 42.109833, "distance_from_trend": -0.154592, "trend_direction": "Improving", "fair_value": 22.722714, "distance_from_fair_value": 0.566714, "fair_value_direction": "Weakening", "relative_strength": -34.913357, "relative_strength_direction": "Weakening", "price_momentum": 0.412698, "excess_performance": -0.028674, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.154592, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.172704, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.566714, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.874381, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.349134, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.498064, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.412698, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.581442, "read": "Demand-led" } ], "volume": { "latest": 3852919, "relative_activity": 0.312343, "balance": 1.581442, "dry_up": 0.227233, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.306087, "annualized_volatility": 0.735562, "from_high_reference": -0.549367, "from_low_reference": 1.57971 }, "levels": { "trend_reference": 42.109833, "fair_value_reference": 22.722714, "structural_low": 23.9, "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": 4, "median_return": -0.016338, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.066213, "regime_survival": 0.0, "best_return": -0.009843, "worst_return": -0.195122, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.080483, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017521, "regime_survival": 0.0, "best_return": 0.702381, "worst_return": -0.195122, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.394997, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.079047, "regime_survival": 0.0, "best_return": 3.97619, "worst_return": -0.415423, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.291836, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.486739, "regime_survival": 0.0, "best_return": 3.327381, "worst_return": -0.412935, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.148305, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-28", "tenure": "Developing", "return": -0.064039, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.192857, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": -0.019277, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.433628, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-17", "tenure": "Established", "return": 1.960289, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-19", "tenure": "Developing", "return": -0.354644, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.021654, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": 0.532803, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.248876, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.083605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-17", "tenure": "Developing", "return": -0.23855, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.04875, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 20.9, "volume": 1709036, "typical_volume": 860460.3, "trend": 21.395236, "fair_value": 21.043101, "relative_strength": -12.230749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.130398, "energy": 21.777042, "activity_lines": [ 21.493333, 21.085455, 20.847929, 21.076112 ] }, { "date": "2023-08-18", "close": 20.75, "volume": 768570, "typical_volume": 861171.25, "trend": 21.417692, "fair_value": 21.12211, "relative_strength": -11.364485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.589339, "energy": 18.528527, "activity_lines": [ 21.3, 21.08, 20.839201, 21.034484 ] }, { "date": "2023-08-25", "close": 20.450001, "volume": 941029, "typical_volume": 896786.4, "trend": 21.43513, "fair_value": 21.20141, "relative_strength": -12.682727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.149804, "energy": 14.702942, "activity_lines": [ 20.973334, 21.009091, 20.806522, 20.972052 ] }, { "date": "2023-09-01", "close": 21.25, "volume": 672529, "typical_volume": 910533.95, "trend": 21.424435, "fair_value": 21.278401, "relative_strength": -9.701309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.313644, "energy": 14.437851, "activity_lines": [ 20.92, 21.076364, 20.852761, 20.960108 ] }, { "date": "2023-09-08", "close": 21.950001, "volume": 2705187, "typical_volume": 1004628.45, "trend": 21.335779, "fair_value": 21.371035, "relative_strength": -5.917622, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.693007, "energy": 5.929481, "activity_lines": [ 21.233334, 21.256364, 20.964586, 20.994016 ] }, { "date": "2023-09-15", "close": 22.6, "volume": 1151649, "typical_volume": 1047712.6, "trend": 21.315285, "fair_value": 21.469871, "relative_strength": -4.736977, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.704373, "energy": 27.563105, "activity_lines": [ 21.746667, 21.52, 21.131765, 21.075578 ] }, { "date": "2023-09-22", "close": 21.450001, "volume": 491876, "typical_volume": 1039075.45, "trend": 21.186715, "fair_value": 21.548498, "relative_strength": -5.832734, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.564897, "energy": 31.51705, "activity_lines": [ 21.763334, 21.535455, 21.179538, 21.08427 ] }, { "date": "2023-09-29", "close": 21.950001, "volume": 240269, "typical_volume": 1005867.65, "trend": 21.13293, "fair_value": 21.630862, "relative_strength": -3.227601, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.040676, "energy": 45.59692, "activity_lines": [ 21.900001, 21.620001, 21.2793, 21.133514 ] }, { "date": "2023-10-06", "close": 22.9, "volume": 978578, "typical_volume": 1040794.65, "trend": 21.109152, "fair_value": 21.724096, "relative_strength": 0.320393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.442184, "energy": 54.843885, "activity_lines": [ 22.253334, 21.851819, 21.463701, 21.247518 ] }, { "date": "2023-10-13", "close": 22.65, "volume": 323827, "typical_volume": 1033702.9, "trend": 21.121876, "fair_value": 21.811567, "relative_strength": -1.873067, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.615718, "energy": 44.314347, "activity_lines": [ 22.413334, 22.044546, 21.613456, 21.346928 ] }, { "date": "2023-10-20", "close": 21.450001, "volume": 500807, "typical_volume": 1038762.2, "trend": 21.141096, "fair_value": 21.894179, "relative_strength": -4.668277, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.578214, "energy": 28.979474, "activity_lines": [ 22.126667, 22.001819, 21.637143, 21.368097 ] }, { "date": "2023-10-27", "close": 21.75, "volume": 170657, "typical_volume": 1019543.75, "trend": 21.142087, "fair_value": 21.972339, "relative_strength": -1.198249, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.226783, "energy": 26.423298, "activity_lines": [ 22.016667, 22.003637, 21.68381, 21.407381 ] }, { "date": "2023-11-03", "close": 22.15, "volume": 465034, "typical_volume": 1013904.75, "trend": 21.179658, "fair_value": 21.965596, "relative_strength": -1.332378, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.275182, "energy": 20.381354, "activity_lines": [ 22.02, 22.06, 21.760953, 21.472408 ] }, { "date": "2023-11-10", "close": 21.700001, "volume": 886214, "typical_volume": 1026906.6, "trend": 21.20223, "fair_value": 21.96305, "relative_strength": -4.040341, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.96587, "energy": 16.499211, "activity_lines": [ 21.86, 22.003637, 21.785239, 21.505978 ] }, { "date": "2023-11-17", "close": 20.9, "volume": 610470, "typical_volume": 996514.75, "trend": 21.21308, "fair_value": 21.961574, "relative_strength": -9.975155, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.663764, "energy": 11.363938, "activity_lines": [ 21.513334, 21.793637, 21.727381, 21.48648 ] }, { "date": "2023-11-24", "close": 20.700001, "volume": 458430, "typical_volume": 968087.65, "trend": 21.218924, "fair_value": 21.958373, "relative_strength": -10.816262, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.049211, "energy": 14.384242, "activity_lines": [ 21.216667, 21.566364, 21.646429, 21.453378 ] }, { "date": "2023-12-01", "close": 20.75, "volume": 574431, "typical_volume": 945853.85, "trend": 21.164994, "fair_value": 21.994888, "relative_strength": -10.96186, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.686137, "energy": 19.849082, "activity_lines": [ 20.986667, 21.382728, 21.569048, 21.423125 ] }, { "date": "2023-12-08", "close": 20.5, "volume": 409243, "typical_volume": 935887.25, "trend": 21.157529, "fair_value": 22.02139, "relative_strength": -11.332319, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.096857, "energy": 34.164675, "activity_lines": [ 20.74, 21.166364, 21.465477, 21.380222 ] }, { "date": "2023-12-15", "close": 20.1, "volume": 639899, "typical_volume": 869512.6, "trend": 21.140052, "fair_value": 22.044443, "relative_strength": -13.981475, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.539353, "energy": 45.308516, "activity_lines": [ 20.47, 20.903637, 21.324048, 21.311994 ] }, { "date": "2023-12-22", "close": 20.1, "volume": 573767, "typical_volume": 763575.1, "trend": 21.13752, "fair_value": 22.068824, "relative_strength": -13.171401, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.487332, "energy": 50.458993, "activity_lines": [ 20.306667, 20.691818, 21.197619, 21.244894 ] }, { "date": "2023-12-29", "close": 20.1, "volume": 842174, "typical_volume": 720232.0, "trend": 21.131667, "fair_value": 22.095418, "relative_strength": -14.361997, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.577301, "energy": 48.715022, "activity_lines": [ 20.196667, 20.526364, 21.07881, 21.177957 ] }, { "date": "2024-01-05", "close": 20.049999, "volume": 302799, "typical_volume": 696943.45, "trend": 21.128334, "fair_value": 22.124347, "relative_strength": -12.203118, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.991222, "energy": 55.347031, "activity_lines": [ 20.11, 20.376364, 20.959048, 21.108172 ] }, { "date": "2024-01-12", "close": 19.85, "volume": 867554, "typical_volume": 693269.7, "trend": 21.121667, "fair_value": 22.143141, "relative_strength": -12.695025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.048223, "energy": 53.688489, "activity_lines": [ 20.003333, 20.220909, 20.823572, 21.025699 ] }, { "date": "2024-01-19", "close": 19.1, "volume": 681151, "typical_volume": 693700.8, "trend": 21.076667, "fair_value": 22.165538, "relative_strength": -16.455988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.888763, "energy": 65.298256, "activity_lines": [ 19.69, 19.970909, 20.619524, 20.895269 ] }, { "date": "2024-01-26", "close": 18.1, "volume": 1357595, "typical_volume": 626321.2, "trend": 21.011667, "fair_value": 22.177984, "relative_strength": -21.82728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.17881, "energy": 77.824928, "activity_lines": [ 19.11, 19.586364, 20.330476, 20.703226 ] }, { "date": "2024-02-02", "close": 16.549999, "volume": 1348202, "typical_volume": 636148.85, "trend": 20.881667, "fair_value": 22.182264, "relative_strength": -28.278847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.650275, "energy": 92.316307, "activity_lines": [ 18.146666, 18.970909, 19.912143, 20.415376 ] }, { "date": "2024-02-09", "close": 16.85, "volume": 144333, "typical_volume": 618771.7, "trend": 20.768334, "fair_value": 22.185369, "relative_strength": -26.407119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.986008, "energy": 93.299938, "activity_lines": [ 17.52, 18.485454, 19.55119, 20.155269 ] }, { "date": "2024-02-16", "close": 16.85, "volume": 313719, "typical_volume": 622444.2, "trend": 20.645, "fair_value": 22.190776, "relative_strength": -27.776672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.11091, "energy": 91.036738, "activity_lines": [ 17.106666, 18.070909, 19.212143, 19.902473 ] }, { "date": "2024-02-23", "close": 20.1, "volume": 3357715, "typical_volume": 741401.05, "trend": 20.54, "fair_value": 22.216568, "relative_strength": -14.386152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.094963, "energy": 62.213634, "activity_lines": [ 17.976667, 18.313636, 19.206905, 19.867312 ] }, { "date": "2024-03-01", "close": 19.950001, "volume": 1328454, "typical_volume": 791632.4, "trend": 20.481667, "fair_value": 22.24588, "relative_strength": -14.632347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.663511, "energy": 30.052306, "activity_lines": [ 18.73, 18.529091, 19.200714, 19.829247 ] }, { "date": "2024-03-08", "close": 18.200001, "volume": 1280140, "typical_volume": 830599.05, "trend": 20.391667, "fair_value": 22.246499, "relative_strength": -24.759497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.704417, "energy": 23.838836, "activity_lines": [ 18.776667, 18.429091, 19.040714, 19.682043 ] }, { "date": "2024-03-15", "close": 18.35, "volume": 834246, "typical_volume": 863778.5, "trend": 20.311667, "fair_value": 22.253457, "relative_strength": -23.127945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.575665, "energy": 26.347758, "activity_lines": [ 18.763334, 18.390909, 18.910476, 19.550323 ] }, { "date": "2024-03-22", "close": 17.4, "volume": 891807, "typical_volume": 885117.15, "trend": 20.21, "fair_value": 22.255221, "relative_strength": -28.56361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.360512, "energy": 29.134423, "activity_lines": [ 18.333334, 18.210909, 18.705952, 19.362473 ] }, { "date": "2024-03-29", "close": 18.85, "volume": 495069, "typical_volume": 865559.9, "trend": 20.13, "fair_value": 22.264935, "relative_strength": -22.31646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.786479, "energy": 26.737911, "activity_lines": [ 18.35, 18.339091, 18.662143, 19.274731 ] }, { "date": "2024-04-05", "close": 19.35, "volume": 1030270, "typical_volume": 886549.9, "trend": 20.043334, "fair_value": 22.276959, "relative_strength": -19.940851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.229021, "energy": 18.705064, "activity_lines": [ 18.616667, 18.562727, 18.679524, 19.224409 ] }, { "date": "2024-04-12", "close": 18.65, "volume": 659076, "typical_volume": 896582.2, "trend": 19.911667, "fair_value": 22.29032, "relative_strength": -23.803342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.117797, "energy": 16.467822, "activity_lines": [ 18.69, 18.636364, 18.637619, 19.134516 ] }, { "date": "2024-04-19", "close": 17.65, "volume": 605387, "typical_volume": 898130.0, "trend": 19.785, "fair_value": 22.299063, "relative_strength": -22.901625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.364127, "energy": 22.305159, "activity_lines": [ 18.4, 18.49, 18.510238, 18.988602 ] }, { "date": "2024-04-26", "close": 16.950001, "volume": 592744, "typical_volume": 907305.05, "trend": 19.618333, "fair_value": 22.297942, "relative_strength": -27.578638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.298413, "energy": 32.012134, "activity_lines": [ 17.923334, 18.201818, 18.330953, 18.805699 ] }, { "date": "2024-05-03", "close": 16.15, "volume": 1892756, "typical_volume": 969947.9, "trend": 19.393333, "fair_value": 22.296174, "relative_strength": -30.981967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.547637, "energy": 60.895702, "activity_lines": [ 17.21, 17.766364, 18.092381, 18.581936 ] }, { "date": "2024-05-10", "close": 14.15, "volume": 2778585, "typical_volume": 1080188.8, "trend": 19.11, "fair_value": 22.28741, "relative_strength": -39.978987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.071462, "energy": 78.454306, "activity_lines": [ 16.01, 17.039091, 17.682143, 18.243656 ] }, { "date": "2024-05-17", "close": 11.55, "volume": 4601909, "typical_volume": 1268175.55, "trend": 18.78, "fair_value": 22.270492, "relative_strength": -51.676919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.263374, "energy": 89.264327, "activity_lines": [ 14.29, 15.944546, 17.052619, 17.755914 ] }, { "date": "2024-05-24", "close": 14.0, "volume": 2617396, "typical_volume": 1383905.4, "trend": 18.521667, "fair_value": 22.272416, "relative_strength": -41.688339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.345693, "energy": 81.410558, "activity_lines": [ 13.86, 15.416364, 16.697143, 17.447527 ] }, { "date": "2024-05-31", "close": 13.8, "volume": 588650, "typical_volume": 1369960.2, "trend": 18.243333, "fair_value": 22.272072, "relative_strength": -40.885918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.295442, "energy": 81.327407, "activity_lines": [ 13.606667, 14.930909, 16.351429, 17.142903 ] }, { "date": "2024-06-07", "close": 12.5, "volume": 1185312, "typical_volume": 1395168.25, "trend": 17.936667, "fair_value": 22.263395, "relative_strength": -47.562213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.087699, "energy": 82.402971, "activity_lines": [ 13.13, 14.274546, 15.910714, 16.772366 ] }, { "date": "2024-06-14", "close": 11.75, "volume": 774311, "typical_volume": 1366004.05, "trend": 17.631667, "fair_value": 22.24991, "relative_strength": -51.579743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.28144, "energy": 72.091217, "activity_lines": [ 12.646667, 13.597273, 15.43, 16.373226 ] }, { "date": "2024-06-21", "close": 11.95, "volume": 1065951, "typical_volume": 1351891.5, "trend": 17.34, "fair_value": 22.223459, "relative_strength": -51.76043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.280235, "energy": 69.548341, "activity_lines": [ 12.39, 13.094545, 14.998572, 16.006667 ] }, { "date": "2024-06-28", "close": 14.0, "volume": 3010672, "typical_volume": 1495208.45, "trend": 17.115, "fair_value": 22.215974, "relative_strength": -42.341363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.46185, "energy": 53.291075, "activity_lines": [ 12.79, 13.086364, 14.784286, 15.791183 ] }, { "date": "2024-07-05", "close": 13.5, "volume": 980499, "typical_volume": 1528547.45, "trend": 16.881667, "fair_value": 22.199458, "relative_strength": -44.981701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.486118, "energy": 47.761183, "activity_lines": [ 13.023333, 13.053636, 14.535952, 15.557957 ] }, { "date": "2024-07-12", "close": 12.95, "volume": 979783, "typical_volume": 1409650.85, "trend": 16.643333, "fair_value": 22.18121, "relative_strength": -47.406454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.517018, "energy": 38.827316, "activity_lines": [ 13.093333, 12.983636, 14.251191, 15.304301 ] }, { "date": "2024-07-19", "close": 12.25, "volume": 670482, "typical_volume": 1376752.25, "trend": 16.381667, "fair_value": 22.14772, "relative_strength": -47.309801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.193589, "energy": 38.828165, "activity_lines": [ 12.9, 12.844545, 13.93381, 15.02086 ] }, { "date": "2024-07-26", "close": 12.0, "volume": 208589, "typical_volume": 1323174.7, "trend": 16.111667, "fair_value": 22.111284, "relative_strength": -45.812839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.12755, "energy": 46.773201, "activity_lines": [ 12.59, 12.694545, 13.629286, 14.738172 ] }, { "date": "2024-08-02", "close": 11.85, "volume": 631877, "typical_volume": 1313056.25, "trend": 15.838333, "fair_value": 22.076575, "relative_strength": -44.510961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.928976, "energy": 50.258463, "activity_lines": [ 12.226667, 12.509091, 13.34, 14.463226 ] }, { "date": "2024-08-09", "close": 9.8, "volume": 2188704, "typical_volume": 1377901.1, "trend": 15.503333, "fair_value": 22.008114, "relative_strength": -53.014222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.278189, "energy": 78.861732, "activity_lines": [ 11.323333, 11.99, 12.886429, 14.073656 ] }, { "date": "2024-08-16", "close": 9.83, "volume": 714830, "typical_volume": 1388889.15, "trend": 15.194333, "fair_value": 21.922371, "relative_strength": -53.973472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.930822, "energy": 89.782651, "activity_lines": [ 10.676667, 11.549091, 12.471905, 13.707634 ] }, { "date": "2024-08-23", "close": 9.79, "volume": 545397, "typical_volume": 1364645.5, "trend": 14.917333, "fair_value": 21.865496, "relative_strength": -53.009533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.552187, "energy": 91.328851, "activity_lines": [ 10.224667, 11.149455, 12.096524, 13.358968 ] }, { "date": "2024-08-30", "close": 9.88, "volume": 244182, "typical_volume": 1343900.8, "trend": 14.695, "fair_value": 21.819055, "relative_strength": -51.994016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.397176, "energy": 89.06381, "activity_lines": [ 9.966667, 10.801818, 11.775238, 13.033979 ] }, { "date": "2024-09-06", "close": 9.85, "volume": 538165, "typical_volume": 1340539.7, "trend": 14.461667, "fair_value": 21.765252, "relative_strength": -49.369159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.912677, "energy": 87.330923, "activity_lines": [ 9.84, 10.486364, 11.492857, 12.721398 ] }, { "date": "2024-09-13", "close": 9.8, "volume": 551464, "typical_volume": 1338475.7, "trend": 14.226667, "fair_value": 21.707545, "relative_strength": -49.428722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.287472, "energy": 84.252184, "activity_lines": [ 9.83, 10.237273, 11.242857, 12.420645 ] }, { "date": "2024-09-20", "close": 9.82, "volume": 281706, "typical_volume": 1257923.2, "trend": 13.884, "fair_value": 21.65355, "relative_strength": -49.287868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.919865, "energy": 64.893004, "activity_lines": [ 9.826667, 10.059091, 11.02881, 12.136344 ] }, { "date": "2024-09-27", "close": 9.09, "volume": 587068, "typical_volume": 1148347.35, "trend": 13.522, "fair_value": 21.604733, "relative_strength": -53.455291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.186239, "energy": 76.755109, "activity_lines": [ 9.580667, 9.805091, 10.775381, 11.827054 ] }, { "date": "2024-10-04", "close": 7.96, "volume": 1349197, "typical_volume": 985711.75, "trend": 13.180667, "fair_value": 21.54464, "relative_strength": -57.303318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.575346, "energy": 81.271367, "activity_lines": [ 9.004667, 9.403091, 10.438429, 11.468215 ] }, { "date": "2024-10-11", "close": 7.96, "volume": 902530, "typical_volume": 899968.45, "trend": 12.834333, "fair_value": 21.474689, "relative_strength": -57.438783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.309404, "energy": 91.287784, "activity_lines": [ 8.556667, 9.074545, 10.118571, 11.131398 ] }, { "date": "2024-10-18", "close": 7.83, "volume": 935859, "typical_volume": 917328.9, "trend": 12.515333, "fair_value": 21.40973, "relative_strength": -58.222177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.455951, "energy": 92.690568, "activity_lines": [ 8.191333, 8.793091, 9.815095, 10.808538 ] }, { "date": "2024-10-25", "close": 9.04, "volume": 2132088, "typical_volume": 964667.7, "trend": 12.188333, "fair_value": 21.359248, "relative_strength": -50.32911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.698002, "energy": 67.104262, "activity_lines": [ 8.360667, 8.767455, 9.655286, 10.584323 ] }, { "date": "2024-11-01", "close": 8.78, "volume": 832597, "typical_volume": 967582.0, "trend": 11.836, "fair_value": 21.30486, "relative_strength": -49.359175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.710624, "energy": 62.611798, "activity_lines": [ 8.495333, 8.708909, 9.48719, 10.36443 ] }, { "date": "2024-11-08", "close": 10.8, "volume": 4451529, "typical_volume": 1136860.9, "trend": 11.574333, "fair_value": 21.264316, "relative_strength": -38.444836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.839479, "energy": 27.970982, "activity_lines": [ 9.324, 9.036, 9.525619, 10.297591 ] }, { "date": "2024-11-15", "close": 10.35, "volume": 1642630, "typical_volume": 1068458.8, "trend": 11.331, "fair_value": 21.218199, "relative_strength": -37.684035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.3559, "energy": 25.53215, "activity_lines": [ 9.813333, 9.264545, 9.526667, 10.218602 ] }, { "date": "2024-11-22", "close": 10.5, "volume": 642996, "typical_volume": 1051583.65, "trend": 11.116, "fair_value": 21.167667, "relative_strength": -35.981042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.477002, "energy": 22.619501, "activity_lines": [ 10.193333, 9.511273, 9.559381, 10.164989 ] }, { "date": "2024-11-29", "close": 10.25, "volume": 788259, "typical_volume": 1042007.45, "trend": 10.919333, "fair_value": 21.119117, "relative_strength": -34.418811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.289331, "energy": 22.129406, "activity_lines": [ 10.312, 9.699818, 9.582571, 10.109118 ] }, { "date": "2024-12-06", "close": 10.95, "volume": 878230, "typical_volume": 1052394.85, "trend": 10.812667, "fair_value": 21.076398, "relative_strength": -31.423362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.840029, "energy": 22.155451, "activity_lines": [ 10.583333, 10.007818, 9.685286, 10.111097 ] }, { "date": "2024-12-13", "close": 11.8, "volume": 2659663, "typical_volume": 1174948.55, "trend": 10.821, "fair_value": 21.033752, "relative_strength": -24.223111, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.920612, "energy": 35.395847, "activity_lines": [ 10.993333, 10.436545, 9.875143, 10.174796 ] }, { "date": "2024-12-20", "close": 11.4, "volume": 706465, "typical_volume": 1178677.95, "trend": 10.734333, "fair_value": 20.967482, "relative_strength": -23.754211, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.546242, "energy": 41.534417, "activity_lines": [ 11.203333, 10.722727, 10.027857, 10.212151 ] }, { "date": "2024-12-27", "close": 11.25, "volume": 940861, "typical_volume": 1116285.8, "trend": 10.649333, "fair_value": 20.878744, "relative_strength": -25.863162, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.067854, "energy": 37.887243, "activity_lines": [ 11.293333, 10.919091, 10.168429, 10.245419 ] }, { "date": "2025-01-03", "close": 11.2, "volume": 286215, "typical_volume": 1094855.05, "trend": 10.606, "fair_value": 20.783413, "relative_strength": -23.530316, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.515975, "energy": 32.600982, "activity_lines": [ 11.316667, 11.044182, 10.297333, 10.280946 ] }, { "date": "2025-01-10", "close": 10.25, "volume": 1187573, "typical_volume": 1126963.85, "trend": 10.556, "fair_value": 20.680199, "relative_strength": -28.859253, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.147409, "energy": 18.024689, "activity_lines": [ 10.96, 10.957273, 10.329238, 10.257978 ] }, { "date": "2025-01-17", "close": 10.05, "volume": 739754, "typical_volume": 1151742.45, "trend": 10.492667, "fair_value": 20.539411, "relative_strength": -29.253996, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.553869, "energy": 5.497668, "activity_lines": [ 10.583333, 10.807273, 10.339905, 10.225333 ] }, { "date": "2025-01-24", "close": 10.15, "volume": 506141, "typical_volume": 1150141.25, "trend": 10.364333, "fair_value": 20.416738, "relative_strength": -28.407459, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.177219, "energy": 10.651321, "activity_lines": [ 10.356667, 10.689091, 10.359286, 10.203226 ] }, { "date": "2025-02-07", "close": 10.35, "volume": 882012, "typical_volume": 1166668.65, "trend": 10.259333, "fair_value": 20.276881, "relative_strength": -25.723004, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.022819, "energy": 13.892288, "activity_lines": [ 10.28, 10.610909, 10.396286, 10.202301 ] }, { "date": "2025-02-14", "close": 10.45, "volume": 714915, "typical_volume": 1188329.1, "trend": 10.176, "fair_value": 20.143596, "relative_strength": -22.749535, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.169069, "energy": 18.149486, "activity_lines": [ 10.296667, 10.553636, 10.44019, 10.214602 ] }, { "date": "2025-02-21", "close": 10.15, "volume": 1412527, "typical_volume": 1229602.05, "trend": 10.106, "fair_value": 20.008388, "relative_strength": -25.623942, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.91243, "energy": 10.506908, "activity_lines": [ 10.263333, 10.438182, 10.452524, 10.212925 ] }, { "date": "2025-02-28", "close": 10.8, "volume": 2464531, "typical_volume": 1285368.75, "trend": 10.066, "fair_value": 19.883277, "relative_strength": -16.881116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.359072, "energy": 11.807639, "activity_lines": [ 10.453333, 10.455455, 10.521714, 10.257699 ] }, { "date": "2025-03-07", "close": 10.2, "volume": 1296113, "typical_volume": 1305047.9, "trend": 10.011, "fair_value": 19.729229, "relative_strength": -18.159539, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.694702, "energy": 11.09693, "activity_lines": [ 10.393333, 10.381818, 10.520238, 10.266344 ] }, { "date": "2025-03-14", "close": 10.05, "volume": 726717, "typical_volume": 1294590.8, "trend": 10.019333, "fair_value": 19.566007, "relative_strength": -15.774608, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.700447, "energy": 6.05289, "activity_lines": [ 10.28, 10.302727, 10.49381, 10.26886 ] }, { "date": "2025-03-21", "close": 10.05, "volume": 804622, "typical_volume": 1228217.5, "trend": 10.026667, "fair_value": 19.407348, "relative_strength": -15.249116, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.613894, "energy": 9.838909, "activity_lines": [ 10.186667, 10.245455, 10.45681, 10.270839 ] }, { "date": "2025-03-28", "close": 9.5, "volume": 476532, "typical_volume": 1210414.25, "trend": 10.017, "fair_value": 19.245163, "relative_strength": -16.372843, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.705898, "energy": 36.244008, "activity_lines": [ 9.936667, 10.109091, 10.362619, 10.23686 ] }, { "date": "2025-04-04", "close": 8.4, "volume": 665973, "typical_volume": 1021136.45, "trend": 9.967667, "fair_value": 19.075927, "relative_strength": -23.503145, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.934307, "energy": 61.088811, "activity_lines": [ 9.363333, 9.786364, 10.160238, 10.132538 ] }, { "date": "2025-04-11", "close": 6.8, "volume": 2946206, "typical_volume": 1086315.25, "trend": 9.866, "fair_value": 18.889591, "relative_strength": -30.908427, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.779424, "energy": 77.744035, "activity_lines": [ 8.416667, 9.202727, 9.816905, 9.928172 ] }, { "date": "2025-04-18", "close": 6.78, "volume": 1075759, "typical_volume": 1107953.4, "trend": 9.765333, "fair_value": 18.67758, "relative_strength": -29.150219, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.720736, "energy": 94.210974, "activity_lines": [ 7.69, 8.676364, 9.488571, 9.729075 ] }, { "date": "2025-04-25", "close": 8.3, "volume": 990562, "typical_volume": 1118068.55, "trend": 9.714667, "fair_value": 18.494792, "relative_strength": -13.716266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.711008, "energy": 82.09364, "activity_lines": [ 7.688, 8.491273, 9.322714, 9.634538 ] }, { "date": "2025-05-02", "close": 8.23, "volume": 445862, "typical_volume": 1096450.15, "trend": 9.686, "fair_value": 18.331035, "relative_strength": -16.732343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.508507, "energy": 75.862017, "activity_lines": [ 7.779333, 8.332545, 9.159476, 9.538753 ] }, { "date": "2025-05-09", "close": 8.02, "volume": 533237, "typical_volume": 990128.85, "trend": 9.688, "fair_value": 18.173277, "relative_strength": -17.988233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.398633, "energy": 50.304891, "activity_lines": [ 7.885333, 8.170545, 8.98919, 9.431269 ] }, { "date": "2025-05-16", "close": 7.91, "volume": 542210, "typical_volume": 981916.1, "trend": 9.686333, "fair_value": 18.02184, "relative_strength": -21.515121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.112151, "energy": 40.791222, "activity_lines": [ 7.98, 8.039091, 8.826429, 9.316559 ] }, { "date": "2025-05-23", "close": 7.63, "volume": 341991, "typical_volume": 951972.6, "trend": 9.679667, "fair_value": 17.879465, "relative_strength": -23.011286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.582024, "energy": 39.335786, "activity_lines": [ 7.907333, 7.898364, 8.653619, 9.183892 ] }, { "date": "2025-05-30", "close": 7.4, "volume": 274792, "typical_volume": 951401.45, "trend": 9.625, "fair_value": 17.734977, "relative_strength": -23.290365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.100902, "energy": 46.809901, "activity_lines": [ 7.701333, 7.759818, 8.476143, 9.036817 ] }, { "date": "2025-06-06", "close": 8.14, "volume": 814131, "typical_volume": 932729.35, "trend": 9.603667, "fair_value": 17.585333, "relative_strength": -15.851982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.27345, "energy": 40.189961, "activity_lines": [ 7.802, 7.804, 8.387238, 8.941011 ] }, { "date": "2025-06-13", "close": 11.3, "volume": 4360269, "typical_volume": 1113755.1, "trend": 9.620333, "fair_value": 17.454987, "relative_strength": 14.929459, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.093889, "energy": 10.277659, "activity_lines": [ 8.962, 8.447455, 8.609333, 9.050452 ] }, { "date": "2025-06-20", "close": 14.05, "volume": 8814098, "typical_volume": 1529152.95, "trend": 9.743667, "fair_value": 17.340993, "relative_strength": 42.367329, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.80498, "energy": 45.703189, "activity_lines": [ 10.82, 9.538182, 9.087381, 9.336237 ] }, { "date": "2025-06-27", "close": 15.2, "volume": 11852560, "typical_volume": 2077680.35, "trend": 9.900333, "fair_value": 17.24874, "relative_strength": 49.353601, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.538606, "energy": 68.297821, "activity_lines": [ 12.652, 10.706182, 9.656381, 9.688258 ] }, { "date": "2025-07-04", "close": 14.3, "volume": 4047138, "typical_volume": 2244291.5, "trend": 10.035333, "fair_value": 17.155828, "relative_strength": 40.555163, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.461326, "energy": 76.097675, "activity_lines": [ 13.679333, 11.557455, 10.116571, 9.972108 ] }, { "date": "2025-07-11", "close": 16.200001, "volume": 5363342, "typical_volume": 2441832.25, "trend": 10.210333, "fair_value": 17.092658, "relative_strength": 56.876736, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.052804, "energy": 93.362853, "activity_lines": [ 14.88, 12.645091, 10.739381, 10.369828 ] }, { "date": "2025-07-18", "close": 13.85, "volume": 2088050, "typical_volume": 2423008.2, "trend": 10.278667, "fair_value": 16.998139, "relative_strength": 30.213802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.812869, "energy": 81.034419, "activity_lines": [ 14.76, 13.160546, 11.109572, 10.604645 ] }, { "date": "2025-07-25", "close": 14.0, "volume": 2561032, "typical_volume": 2486254.15, "trend": 10.365333, "fair_value": 16.91448, "relative_strength": 31.376721, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.973804, "energy": 57.800363, "activity_lines": [ 14.52, 13.597273, 11.479524, 10.844731 ] }, { "date": "2025-08-01", "close": 14.05, "volume": 1494001, "typical_volume": 2524618.35, "trend": 10.458667, "fair_value": 16.829865, "relative_strength": 31.13675, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.825978, "energy": 50.876691, "activity_lines": [ 14.3, 13.932364, 11.836143, 11.082452 ] }, { "date": "2025-08-08", "close": 13.75, "volume": 3130530, "typical_volume": 2640913.75, "trend": 10.543667, "fair_value": 16.754823, "relative_strength": 25.07092, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.365612, "energy": 36.454204, "activity_lines": [ 14.056667, 14.096182, 12.145143, 11.294796 ] }, { "date": "2025-08-15", "close": 26.450001, "volume": 41458932, "typical_volume": 4690033.75, "trend": 11.083667, "fair_value": 16.776839, "relative_strength": 131.365024, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.068753, "energy": 66.363765, "activity_lines": [ 18.083334, 16.453637, 13.646048, 12.321011 ] }, { "date": "2025-08-22", "close": 33.299999, "volume": 42921501, "typical_volume": 6802810.15, "trend": 11.858667, "fair_value": 16.839252, "relative_strength": 186.97638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.249746, "energy": 90.580671, "activity_lines": [ 23.71, 19.723636, 15.718619, 13.754323 ] }, { "date": "2025-08-29", "close": 31.808399, "volume": 18000948, "typical_volume": 7555547.25, "trend": 12.580613, "fair_value": 16.879011, "relative_strength": 159.907269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.458067, "energy": 92.838794, "activity_lines": [ 27.5428, 22.322436, 17.530562, 15.041402 ] }, { "date": "2025-09-05", "close": 53.099998, "volume": 34458968, "typical_volume": 9224707.7, "trend": 14.005613, "fair_value": 17.057809, "relative_strength": 302.804423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.902438, "energy": 98.203863, "activity_lines": [ 37.285572, 28.469556, 21.251188, 17.655556 ] }, { "date": "2025-09-12", "close": 61.799999, "volume": 37755808, "typical_volume": 11062970.0, "trend": 15.71728, "fair_value": 17.298444, "relative_strength": 321.171143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.501386, "energy": 98.122631, "activity_lines": [ 47.325012, 35.509403, 25.579815, 20.739065 ] }, { "date": "2025-09-19", "close": 56.700001, "volume": 24489700, "typical_volume": 12265161.9, "trend": 17.268947, "fair_value": 17.510538, "relative_strength": 263.41574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.647488, "energy": 92.355322, "activity_lines": [ 52.461119, 40.758341, 29.167966, 23.383111 ] }, { "date": "2025-09-26", "close": 43.099998, "volume": 23807204, "typical_volume": 13428860.25, "trend": 18.345613, "fair_value": 17.623636, "relative_strength": 165.819602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.011328, "energy": 67.929429, "activity_lines": [ 51.047226, 42.798188, 31.230068, 25.049631 ] }, { "date": "2025-10-03", "close": 41.799999, "volume": 10950773, "typical_volume": 13949288.4, "trend": 19.398947, "fair_value": 17.738621, "relative_strength": 138.023577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.425055, "energy": 63.395342, "activity_lines": [ 48.546666, 44.069854, 33.001314, 26.562817 ] }, { "date": "2025-10-10", "close": 49.950001, "volume": 8674132, "typical_volume": 14365895.45, "trend": 20.728947, "fair_value": 17.916068, "relative_strength": 167.263829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.663663, "energy": 55.738296, "activity_lines": [ 48.096666, 46.317883, 35.387369, 28.533853 ] }, { "date": "2025-10-17", "close": 41.0, "volume": 11257097, "typical_volume": 14915010.7, "trend": 21.760613, "fair_value": 18.031353, "relative_strength": 112.482845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.897976, "energy": 36.382597, "activity_lines": [ 44.873333, 46.285912, 36.71952, 29.841663 ] }, { "date": "2025-10-24", "close": 41.450001, "volume": 5559583, "typical_volume": 15152283.3, "trend": 22.825613, "fair_value": 18.157506, "relative_strength": 106.437115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.179081, "energy": 30.982256, "activity_lines": [ 43.186667, 45.840305, 37.934527, 31.111946 ] }, { "date": "2025-10-31", "close": 36.75, "volume": 8120756, "typical_volume": 15340307.65, "trend": 23.770613, "fair_value": 18.264388, "relative_strength": 74.281638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.361167, "energy": 24.277133, "activity_lines": [ 40.95, 44.267425, 38.543297, 32.010293 ] }, { "date": "2025-11-07", "close": 37.849998, "volume": 12798455, "typical_volume": 15539525.5, "trend": 24.805613, "fair_value": 18.378003, "relative_strength": 78.749701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.7483, "energy": 20.673091, "activity_lines": [ 39.503333, 42.831818, 39.135638, 32.918641 ] }, { "date": "2025-11-14", "close": 31.950001, "volume": 4670581, "typical_volume": 15180426.55, "trend": 25.644613, "fair_value": 18.455074, "relative_strength": 49.625875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.738829, "energy": 18.453649, "activity_lines": [ 36.353333, 40.213636, 39.052741, 33.379569 ] }, { "date": "2025-11-21", "close": 26.950001, "volume": 5100399, "typical_volume": 15233089.6, "trend": 26.26628, "fair_value": 18.488598, "relative_strength": 29.009286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.932967, "energy": 14.541005, "activity_lines": [ 32.736667, 37.070909, 38.413891, 33.463787 ] }, { "date": "2025-11-28", "close": 28.950001, "volume": 6583915, "typical_volume": 15294118.25, "trend": 26.956947, "fair_value": 18.531749, "relative_strength": 30.730754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.982506, "energy": 16.436712, "activity_lines": [ 30.723334, 34.925455, 37.90528, 33.636931 ] }, { "date": "2025-12-05", "close": 31.5, "volume": 6251652, "typical_volume": 15502298.35, "trend": 27.739613, "fair_value": 18.590288, "relative_strength": 38.237556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.508005, "energy": 18.642385, "activity_lines": [ 30.393334, 33.748182, 37.578811, 33.930031 ] }, { "date": "2025-12-12", "close": 27.950001, "volume": 6907344, "typical_volume": 15719613.95, "trend": 28.407613, "fair_value": 18.624155, "relative_strength": 20.240043, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.151049, "energy": 30.421901, "activity_lines": [ 29.230001, 32.136364, 36.8302, 33.943604 ] }, { "date": "2025-12-19", "close": 26.75, "volume": 2941652, "typical_volume": 15791996.5, "trend": 29.044947, "fair_value": 18.650009, "relative_strength": 15.936262, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.792506, "energy": 42.050336, "activity_lines": [ 28.326667, 30.558182, 35.900874, 33.836662 ] }, { "date": "2025-12-26", "close": 25.4, "volume": 2408981, "typical_volume": 15755919.05, "trend": 29.644947, "fair_value": 18.674555, "relative_strength": 5.835367, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.016612, "energy": 46.899147, "activity_lines": [ 27.32, 29.156364, 34.782501, 33.601504 ] }, { "date": "2026-01-02", "close": 24.25, "volume": 3120412, "typical_volume": 13838993.05, "trend": 30.181947, "fair_value": 18.6962, "relative_strength": -2.454571, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.802677, "energy": 50.38516, "activity_lines": [ 26.033333, 27.829091, 33.499128, 33.253443 ] }, { "date": "2026-01-09", "close": 26.200001, "volume": 12248761, "typical_volume": 12305356.05, "trend": 30.678613, "fair_value": 18.734816, "relative_strength": 1.256943, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.604341, "energy": 45.769648, "activity_lines": [ 25.71, 27.169091, 32.411945, 32.996543 ] }, { "date": "2026-01-16", "close": 25.950001, "volume": 4511312, "typical_volume": 11630874.25, "trend": 31.07528, "fair_value": 18.77151, "relative_strength": -4.106667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.772295, "energy": 45.933106, "activity_lines": [ 25.656667, 26.655455, 31.334762, 32.691471 ] }, { "date": "2026-01-23", "close": 25.15, "volume": 5783992, "typical_volume": 10197125.45, "trend": 31.406947, "fair_value": 18.804033, "relative_strength": -9.383778, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -33.210493, "energy": 38.720931, "activity_lines": [ 25.47, 26.212728, 30.209286, 32.309195 ] }, { "date": "2026-01-30", "close": 26.1, "volume": 4343254, "typical_volume": 8526497.75, "trend": 31.80028, "fair_value": 18.843605, "relative_strength": -7.048244, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -28.896269, "energy": 30.64979, "activity_lines": [ 25.706667, 26.066364, 29.307381, 31.966811 ] }, { "date": "2026-02-06", "close": 25.200001, "volume": 3732595, "typical_volume": 7488642.5, "trend": 32.10028, "fair_value": 18.866868, "relative_strength": -10.155061, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.267607, "energy": 47.267233, "activity_lines": [ 25.596667, 25.771819, 28.489762, 31.540987 ] }, { "date": "2026-02-13", "close": 24.35, "volume": 2032588, "typical_volume": 6399911.7, "trend": 32.45028, "fair_value": 18.865204, "relative_strength": -18.380369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.199728, "energy": 50.660803, "activity_lines": [ 25.14, 25.390909, 27.741191, 31.040969 ] }, { "date": "2026-02-27", "close": 31.0, "volume": 9169746, "typical_volume": 6310860.35, "trend": 33.016947, "fair_value": 18.915109, "relative_strength": -2.344078, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.004942, "energy": 26.482068, "activity_lines": [ 27.023334, 26.349091, 27.715238, 30.947402 ] }, { "date": "2026-03-06", "close": 33.799999, "volume": 18902756, "typical_volume": 6822291.55, "trend": 33.67528, "fair_value": 18.96955, "relative_strength": 10.948615, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.486352, "energy": 16.203313, "activity_lines": [ 29.503333, 27.760909, 28.007381, 30.997922 ] }, { "date": "2026-03-13", "close": 38.549999, "volume": 15319314, "typical_volume": 7025402.4, "trend": 34.501947, "fair_value": 19.065617, "relative_strength": 25.426762, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 14.489335, "energy": 25.716736, "activity_lines": [ 32.989999, 29.908182, 28.82881, 31.31242 ] }, { "date": "2026-03-20", "close": 33.349998, "volume": 9136466, "typical_volume": 7204246.55, "trend": 34.731947, "fair_value": 19.128032, "relative_strength": 6.845112, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.01846, "energy": 25.177234, "activity_lines": [ 33.913332, 30.870909, 29.166667, 31.238101 ] }, { "date": "2026-03-27", "close": 32.75, "volume": 5082765, "typical_volume": 7052347.0, "trend": 34.713613, "fair_value": 19.195222, "relative_strength": 5.123835, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.05758, "energy": 22.426391, "activity_lines": [ 34.093332, 31.55909, 29.485952, 31.110233 ] }, { "date": "2026-04-03", "close": 31.700001, "volume": 3287594, "typical_volume": 6576803.95, "trend": 34.71, "fair_value": 19.264624, "relative_strength": 2.325128, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.583153, "energy": 16.820876, "activity_lines": [ 33.363333, 31.937272, 29.724286, 30.915806 ] }, { "date": "2026-04-10", "close": 36.349998, "volume": 5538034, "typical_volume": 6620176.6, "trend": 34.151667, "fair_value": 19.358404, "relative_strength": 6.547134, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.052004, "energy": 12.636317, "activity_lines": [ 34.136666, 33.056363, 30.434762, 31.021613 ] }, { "date": "2026-04-17", "close": 41.650002, "volume": 24789501, "typical_volume": 7604631.7, "trend": 33.48, "fair_value": 19.490629, "relative_strength": 15.673795, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.871494, "energy": 31.090117, "activity_lines": [ 36.506667, 34.935454, 31.629048, 31.505376 ] }, { "date": "2026-04-24", "close": 46.049999, "volume": 40439073, "typical_volume": 9297389.6, "trend": 33.125, "fair_value": 19.65106, "relative_strength": 18.95474, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.10318, "energy": 44.442992, "activity_lines": [ 40.136667, 37.331818, 33.172381, 32.316344 ] }, { "date": "2026-05-01", "close": 49.900002, "volume": 9481578, "typical_volume": 9458885.9, "trend": 33.351667, "fair_value": 19.839044, "relative_strength": 26.799638, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.880136, "energy": 73.1315, "activity_lines": [ 44.203334, 40.049091, 35.000952, 33.398602 ] }, { "date": "2026-05-08", "close": 52.400002, "volume": 30474289, "typical_volume": 10637233.15, "trend": 33.705, "fair_value": 20.043373, "relative_strength": 22.570154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.313775, "energy": 76.040753, "activity_lines": [ 47.960001, 42.756364, 36.98, 34.627527 ] }, { "date": "2026-05-15", "close": 49.349998, "volume": 11983797, "typical_volume": 11089340.4, "trend": 33.685, "fair_value": 20.216335, "relative_strength": 14.893087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.736397, "energy": 69.772172, "activity_lines": [ 49.32, 44.52, 38.552143, 35.636882 ] }, { "date": "2026-05-22", "close": 56.400002, "volume": 17274006, "typical_volume": 11832591.65, "trend": 34.198334, "fair_value": 20.445027, "relative_strength": 25.650996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.248809, "energy": 69.177509, "activity_lines": [ 52.163334, 47.282728, 40.688095, 37.102366 ] }, { "date": "2026-05-29", "close": 64.099998, "volume": 19669935, "typical_volume": 12660067.8, "trend": 34.953333, "fair_value": 20.723718, "relative_strength": 32.346545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.15769, "energy": 72.276577, "activity_lines": [ 56.59, 51.120909, 43.409762, 39.031505 ] }, { "date": "2026-06-05", "close": 65.400002, "volume": 22058467, "typical_volume": 13150553.1, "trend": 35.908334, "fair_value": 21.013615, "relative_strength": 31.43973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.183024, "energy": 71.285433, "activity_lines": [ 60.246667, 54.636364, 46.065476, 40.995807 ] }, { "date": "2026-06-12", "close": 63.245003, "volume": 11720579, "typical_volume": 13511016.45, "trend": 36.754834, "fair_value": 21.28906, "relative_strength": 27.361088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.16189, "energy": 68.031956, "activity_lines": [ 62.151668, 57.166365, 48.329286, 42.759463 ] }, { "date": "2026-06-19", "close": 58.200001, "volume": 7418864, "typical_volume": 13592760.05, "trend": 37.629834, "fair_value": 21.532971, "relative_strength": 10.016165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.52107, "energy": 56.771691, "activity_lines": [ 61.652001, 58.205546, 49.935024, 44.143022 ] }, { "date": "2026-06-26", "close": 59.700001, "volume": 12783174, "typical_volume": 14014756.05, "trend": 38.7215, "fair_value": 21.787137, "relative_strength": 16.266804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.703541, "energy": 45.833087, "activity_lines": [ 61.062335, 59.120183, 51.526239, 45.566904 ] }, { "date": "2026-07-03", "close": 52.900002, "volume": 8542410, "typical_volume": 14255246.8, "trend": 39.519834, "fair_value": 21.99515, "relative_strength": -2.585038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.24595, "energy": 30.752566, "activity_lines": [ 57.986002, 58.470274, 52.309834, 46.481646 ] }, { "date": "2026-07-10", "close": 48.099998, "volume": 3684285, "typical_volume": 14337831.65, "trend": 40.073167, "fair_value": 22.174958, "relative_strength": -9.279981, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.598299, "energy": 19.201601, "activity_lines": [ 54.056334, 56.823092, 52.504381, 47.035205 ] }, { "date": "2026-07-17", "close": 39.900002, "volume": 6352736, "typical_volume": 14196981.15, "trend": 40.4715, "fair_value": 22.299637, "relative_strength": -20.305823, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.56497, "energy": 16.398345, "activity_lines": [ 48.546667, 53.717728, 51.804882, 47.024033 ] }, { "date": "2026-07-24", "close": 40.0, "volume": 2167786, "typical_volume": 13360232.65, "trend": 40.913167, "fair_value": 22.42624, "relative_strength": -22.318637, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.271149, "energy": 19.116266, "activity_lines": [ 44.626667, 50.857819, 51.072524, 46.993613 ] }, { "date": "2026-07-31", "close": 38.099998, "volume": 3360122, "typical_volume": 12762273.05, "trend": 41.3365, "fair_value": 22.53874, "relative_strength": -25.436031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.644051, "energy": 30.666208, "activity_lines": [ 41.286666, 47.822455, 50.129691, 46.812119 ] }, { "date": "2026-08-07", "close": 38.049999, "volume": 1831347, "typical_volume": 12397017.1, "trend": 41.7965, "fair_value": 22.633612, "relative_strength": -27.702399, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.713748, "energy": 41.10537, "activity_lines": [ 39.369999, 45.110727, 49.184238, 46.600086 ] }, { "date": "2026-08-14", "close": 35.599998, "volume": 3852919, "typical_volume": 12335524.8, "trend": 42.109833, "fair_value": 22.722714, "relative_strength": -34.913357, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.823614, "energy": 50.283122, "activity_lines": [ 37.626665, 42.427181, 47.983072, 46.200312 ] } ], "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." } } }