{ "ticker": { "uuid": "9cd5b3ef-1ea3-4023-86c7-ed3f46122b40", "symbol": "FQT", "name": "Frequentis AG", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 78.556, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -18.346, "architecture_energy": 17.495, "architecture_maturity": 27.687, "architecture_confidence": 59.941, "architecture_tenure": "New", "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": 58.57, "rotation_up": 38.17, "upward_expansion": 21.78, "deceleration": 40.95, "rotation_down": 22.94, "downward_expansion": 55.78 }, "activity_lines": [ 72.006669, 69.882921, 71.637047, 72.531184 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 74.800003, "trend_reference": 74.377402, "distance_from_trend": 0.005682, "trend_direction": "Weakening", "fair_value": 45.119053, "distance_from_fair_value": 0.657836, "fair_value_direction": "Weakening", "relative_strength": -15.681729, "relative_strength_direction": "Weakening", "price_momentum": -0.113744, "excess_performance": -0.287991, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005682, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002829, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.657836, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.266814, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.156817, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.174607, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.113744, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.455429, "read": "Demand-led" } ], "volume": { "latest": 41445, "relative_activity": 1.111542, "balance": 1.455429, "dry_up": 1.482458, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.091463, "annualized_volatility": 0.46612, "from_high_reference": -0.252, "from_low_reference": 0.375 }, "levels": { "trend_reference": 74.377402, "fair_value_reference": 45.119053, "structural_low": 59.700001, "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": 15, "median_return": 0.02612, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": 0.033909, "regime_survival": 0.466667, "best_return": 0.10453, "worst_return": -0.184023, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.073371, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.030228, "regime_survival": 0.166667, "best_return": 0.144404, "worst_return": 0.0, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.064795, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.024614, "regime_survival": 0.2, "best_return": 0.171875, "worst_return": -0.164645, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.040668, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.227216, "regime_survival": 0.0, "best_return": 0.371877, "worst_return": -0.021069, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-07", "end": "2024-06-14", "tenure": "New", "return": -0.01191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-08-09", "tenure": "Developing", "return": -0.033333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-09-13", "tenure": "Developing", "return": -0.101351, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-20", "end": "2024-10-18", "tenure": "Developing", "return": -0.003831, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2024-12-27", "tenure": "Developing", "return": 0.062257, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": 0.111111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-11-07", "tenure": "Extended", "return": 1.421369, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.189349, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.100245, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.072423, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.013928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-26", "tenure": "Developing", "return": -0.199747, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": 0.177034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.091684, "volume": 22626, "typical_volume": 11633.55, "trend": 29.252607, "fair_value": 25.33988, "relative_strength": 7.386935, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.342328, "energy": 16.594172, "activity_lines": [ 29.361591, 28.839584, 28.842989, 29.127392 ] }, { "date": "2023-08-25", "close": 28.907751, "volume": 14945, "typical_volume": 11533.8, "trend": 29.315646, "fair_value": 25.423857, "relative_strength": 3.971948, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.010675, "energy": 12.859232, "activity_lines": [ 29.308972, 28.90775, 28.823461, 29.105143 ] }, { "date": "2023-09-01", "close": 30.190348, "volume": 10883, "typical_volume": 11376.0, "trend": 29.460594, "fair_value": 25.51237, "relative_strength": 6.136274, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.483644, "energy": 23.886694, "activity_lines": [ 29.618112, 29.200146, 28.933393, 29.161576 ] }, { "date": "2023-09-08", "close": 30.48633, "volume": 3488, "typical_volume": 10582.7, "trend": 29.540362, "fair_value": 25.598482, "relative_strength": 7.78555, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.833871, "energy": 43.335254, "activity_lines": [ 29.966715, 29.512275, 29.071317, 29.227752 ] }, { "date": "2023-09-15", "close": 30.584991, "volume": 22346, "typical_volume": 11238.6, "trend": 29.515743, "fair_value": 25.688298, "relative_strength": 6.767063, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.679104, "energy": 45.394181, "activity_lines": [ 30.223234, 29.781351, 29.217497, 29.295148 ] }, { "date": "2023-09-22", "close": 28.414444, "volume": 5574, "typical_volume": 11199.05, "trend": 29.484031, "fair_value": 25.763585, "relative_strength": -0.075309, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.17625, "energy": 16.310628, "activity_lines": [ 29.677308, 29.609142, 29.153483, 29.224096 ] }, { "date": "2023-09-29", "close": 28.11846, "volume": 9738, "typical_volume": 11150.45, "trend": 29.40656, "fair_value": 25.837589, "relative_strength": -1.366279, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.704159, "energy": 17.012952, "activity_lines": [ 29.144537, 29.377736, 29.069073, 29.135995 ] }, { "date": "2023-10-06", "close": 26.737204, "volume": 7801, "typical_volume": 10773.05, "trend": 29.263471, "fair_value": 25.900896, "relative_strength": -4.700804, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.343372, "energy": 39.6532, "activity_lines": [ 28.203967, 28.891606, 28.862784, 28.963778 ] }, { "date": "2023-10-13", "close": 26.934525, "volume": 6567, "typical_volume": 10732.95, "trend": 29.143273, "fair_value": 25.972224, "relative_strength": -4.583154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.560881, "energy": 54.573494, "activity_lines": [ 27.55938, 28.487992, 28.690601, 28.813524 ] }, { "date": "2023-10-20", "close": 29.203735, "volume": 13620, "typical_volume": 10961.85, "trend": 29.072613, "fair_value": 26.055027, "relative_strength": 7.315537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.000387, "energy": 42.902267, "activity_lines": [ 27.907983, 28.527456, 28.743315, 28.817425 ] }, { "date": "2023-10-27", "close": 28.217121, "volume": 6333, "typical_volume": 10481.8, "trend": 29.001694, "fair_value": 26.136419, "relative_strength": 4.088936, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.625044, "energy": 44.0617, "activity_lines": [ 28.019799, 28.391124, 28.693514, 28.762231 ] }, { "date": "2023-11-03", "close": 28.611765, "volume": 12961, "typical_volume": 10389.95, "trend": 28.940668, "fair_value": 26.216042, "relative_strength": -0.054794, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.746221, "energy": 22.039438, "activity_lines": [ 28.276318, 28.360629, 28.689286, 28.737075 ] }, { "date": "2023-11-10", "close": 28.513105, "volume": 10023, "typical_volume": 10402.85, "trend": 28.886141, "fair_value": 26.291348, "relative_strength": -1.074744, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.250124, "energy": 15.620076, "activity_lines": [ 28.467063, 28.317576, 28.674722, 28.70949 ] }, { "date": "2023-11-17", "close": 28.11846, "volume": 8308, "typical_volume": 10037.8, "trend": 28.815196, "fair_value": 26.368422, "relative_strength": -4.626586, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.841155, "energy": 14.573369, "activity_lines": [ 28.407866, 28.233266, 28.621632, 28.659962 ] }, { "date": "2023-11-24", "close": 27.921137, "volume": 7901, "typical_volume": 9956.05, "trend": 28.750726, "fair_value": 26.438345, "relative_strength": -4.803342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.094749, "energy": 17.186156, "activity_lines": [ 28.203966, 28.156131, 28.545053, 28.602281 ] }, { "date": "2023-12-01", "close": 27.822477, "volume": 2983, "typical_volume": 9959.25, "trend": 28.676441, "fair_value": 26.510734, "relative_strength": -6.838585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.508665, "energy": 26.639285, "activity_lines": [ 28.052686, 28.109491, 28.459546, 28.542394 ] }, { "date": "2023-12-08", "close": 28.217121, "volume": 3633, "typical_volume": 9701.5, "trend": 28.612048, "fair_value": 26.587512, "relative_strength": -5.647812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.509781, "energy": 26.044354, "activity_lines": [ 28.059263, 28.145368, 28.413034, 28.51276 ] }, { "date": "2023-12-15", "close": 27.921137, "volume": 9666, "typical_volume": 9961.3, "trend": 28.544315, "fair_value": 26.660533, "relative_strength": -7.878672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.942366, "energy": 26.990481, "activity_lines": [ 27.993489, 28.125635, 28.336924, 28.468186 ] }, { "date": "2023-12-22", "close": 26.934525, "volume": 10925, "typical_volume": 10318.85, "trend": 28.482849, "fair_value": 26.730948, "relative_strength": -11.888539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.751843, "energy": 43.647435, "activity_lines": [ 27.638308, 27.904993, 28.173428, 28.364328 ] }, { "date": "2023-12-29", "close": 26.934525, "volume": 3237, "typical_volume": 9677.9, "trend": 28.467063, "fair_value": 26.791448, "relative_strength": -12.385858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.629819, "energy": 50.882941, "activity_lines": [ 27.362057, 27.68435, 28.01792, 28.264436 ] }, { "date": "2024-01-05", "close": 27.033186, "volume": 15384, "typical_volume": 9315.8, "trend": 28.371691, "fair_value": 26.847624, "relative_strength": -11.811908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.987613, "energy": 56.147129, "activity_lines": [ 27.184467, 27.522905, 27.883552, 28.171928 ] }, { "date": "2024-01-12", "close": 26.441217, "volume": 15885, "typical_volume": 9362.8, "trend": 28.305916, "fair_value": 26.899385, "relative_strength": -12.813212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.044714, "energy": 63.956143, "activity_lines": [ 26.862173, 27.275354, 27.707371, 28.047381 ] }, { "date": "2024-01-19", "close": 26.342558, "volume": 9049, "typical_volume": 9271.1, "trend": 28.240142, "fair_value": 26.954852, "relative_strength": -11.641552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.177684, "energy": 69.288895, "activity_lines": [ 26.625386, 27.049331, 27.53354, 27.920713 ] }, { "date": "2024-01-26", "close": 26.737204, "volume": 9583, "typical_volume": 9575.85, "trend": 28.226987, "fair_value": 27.015326, "relative_strength": -13.152393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.290965, "energy": 59.140687, "activity_lines": [ 26.625387, 26.934525, 27.415616, 27.823749 ] }, { "date": "2024-02-02", "close": 26.441217, "volume": 17062, "typical_volume": 9311.65, "trend": 28.174368, "fair_value": 27.064609, "relative_strength": -13.751689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.714252, "energy": 58.172271, "activity_lines": [ 26.53988, 26.791017, 27.287356, 27.708538 ] }, { "date": "2024-02-09", "close": 27.033186, "volume": 17467, "typical_volume": 9906.3, "trend": 28.138192, "fair_value": 27.117067, "relative_strength": -9.651227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.356021, "energy": 36.60361, "activity_lines": [ 26.684583, 26.782048, 27.235207, 27.634914 ] }, { "date": "2024-02-16", "close": 26.342558, "volume": 7079, "typical_volume": 9773.35, "trend": 28.085573, "fair_value": 27.157042, "relative_strength": -12.963312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.281198, "energy": 35.355124, "activity_lines": [ 26.599077, 26.661861, 27.12386, 27.519066 ] }, { "date": "2024-02-23", "close": 25.454605, "volume": 12830, "typical_volume": 10024.8, "trend": 27.957313, "fair_value": 27.195043, "relative_strength": -15.174009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.723409, "energy": 45.078355, "activity_lines": [ 26.224164, 26.414311, 26.936404, 27.349326 ] }, { "date": "2024-03-01", "close": 25.553267, "volume": 49393, "typical_volume": 12166.1, "trend": 27.855363, "fair_value": 27.231198, "relative_strength": -14.495126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.838098, "energy": 43.810162, "activity_lines": [ 25.941335, 26.229545, 26.764452, 27.194227 ] }, { "date": "2024-03-08", "close": 24.467993, "volume": 24249, "typical_volume": 12697.55, "trend": 27.690928, "fair_value": 27.257917, "relative_strength": -17.810566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.106352, "energy": 70.451104, "activity_lines": [ 25.375677, 25.872571, 26.495717, 26.975687 ] }, { "date": "2024-03-15", "close": 25.454605, "volume": 20984, "typical_volume": 13430.1, "trend": 27.536359, "fair_value": 27.290961, "relative_strength": -14.859104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.981016, "energy": 64.386061, "activity_lines": [ 25.270438, 25.739826, 26.343497, 26.831408 ] }, { "date": "2024-03-22", "close": 25.947912, "volume": 28165, "typical_volume": 14190.3, "trend": 27.437697, "fair_value": 27.323449, "relative_strength": -14.874148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.682064, "energy": 46.944247, "activity_lines": [ 25.434873, 25.725476, 26.251413, 26.728927 ] }, { "date": "2024-03-29", "close": 27.131847, "volume": 12982, "typical_volume": 14338.25, "trend": 27.335747, "fair_value": 27.35733, "relative_strength": -11.558347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.827031, "energy": 23.071687, "activity_lines": [ 26.020263, 25.935355, 26.28477, 26.709195 ] }, { "date": "2024-04-05", "close": 27.526491, "volume": 42184, "typical_volume": 16032.05, "trend": 27.237086, "fair_value": 27.39622, "relative_strength": -10.689337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.371505, "energy": 14.481954, "activity_lines": [ 26.625385, 26.202637, 26.362289, 26.721501 ] }, { "date": "2024-04-12", "close": 26.145235, "volume": 37885, "typical_volume": 17531.25, "trend": 27.089094, "fair_value": 27.421917, "relative_strength": -14.528347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.550523, "energy": 20.939862, "activity_lines": [ 26.638541, 26.204431, 26.311079, 26.651059 ] }, { "date": "2024-04-19", "close": 26.046574, "volume": 9686, "typical_volume": 17866.4, "trend": 27.010165, "fair_value": 27.437068, "relative_strength": -14.050929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.94176, "energy": 20.421093, "activity_lines": [ 26.506993, 26.193668, 26.25893, 26.5838 ] }, { "date": "2024-04-26", "close": 27.32917, "volume": 13779, "typical_volume": 18373.7, "trend": 26.983855, "fair_value": 27.462919, "relative_strength": -9.810025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.217834, "energy": 10.272726, "activity_lines": [ 26.763512, 26.434043, 26.337389, 26.604381 ] }, { "date": "2024-05-03", "close": 26.243896, "volume": 9860, "typical_volume": 18383.4, "trend": 26.967412, "fair_value": 27.478715, "relative_strength": -14.02705, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.346773, "energy": 8.237212, "activity_lines": [ 26.56619, 26.459157, 26.316717, 26.556641 ] }, { "date": "2024-05-10", "close": 25.947912, "volume": 9462, "typical_volume": 18310.25, "trend": 26.934525, "fair_value": 27.491374, "relative_strength": -16.739015, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.145154, "energy": 16.385876, "activity_lines": [ 26.329402, 26.416105, 26.275843, 26.490867 ] }, { "date": "2024-05-17", "close": 26.835863, "volume": 10470, "typical_volume": 18671.9, "trend": 26.855596, "fair_value": 27.510965, "relative_strength": -14.908754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.307678, "energy": 10.658389, "activity_lines": [ 26.493838, 26.527323, 26.324234, 26.484502 ] }, { "date": "2024-05-24", "close": 27.32917, "volume": 18515, "typical_volume": 18828.45, "trend": 26.825997, "fair_value": 27.530289, "relative_strength": -12.864043, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.340092, "energy": 5.216017, "activity_lines": [ 26.776667, 26.685181, 26.420077, 26.515055 ] }, { "date": "2024-05-31", "close": 29.006411, "volume": 21257, "typical_volume": 19097.05, "trend": 26.839152, "fair_value": 27.561611, "relative_strength": -5.855192, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.027387, "energy": 50.843221, "activity_lines": [ 27.53307, 27.113909, 26.674247, 26.655727 ] }, { "date": "2024-06-07", "close": 29.993023, "volume": 15169, "typical_volume": 19403.05, "trend": 26.888483, "fair_value": 27.595517, "relative_strength": -1.577723, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.758104, "energy": 71.368438, "activity_lines": [ 28.506527, 27.666412, 27.010165, 26.859203 ] }, { "date": "2024-06-14", "close": 29.635796, "volume": 14651, "typical_volume": 19656.45, "trend": 26.939061, "fair_value": 27.621522, "relative_strength": 0.793415, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.583629, "energy": 83.015408, "activity_lines": [ 29.110967, 28.101943, 27.294678, 27.036449 ] }, { "date": "2024-06-21", "close": 29.834694, "volume": 26301, "typical_volume": 20118.4, "trend": 27.002846, "fair_value": 27.641321, "relative_strength": 0.076891, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.881213, "energy": 85.201215, "activity_lines": [ 29.535848, 28.535286, 27.584331, 27.223264 ] }, { "date": "2024-06-28", "close": 32.718716, "volume": 24881, "typical_volume": 20489.1, "trend": 27.166054, "fair_value": 27.684594, "relative_strength": 9.090159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.013912, "energy": 95.115992, "activity_lines": [ 30.722147, 29.425916, 28.132494, 27.592029 ] }, { "date": "2024-07-05", "close": 31.624775, "volume": 23607, "typical_volume": 21315.5, "trend": 27.279642, "fair_value": 27.731454, "relative_strength": 2.735504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.544104, "energy": 87.919331, "activity_lines": [ 31.184496, 29.996336, 28.549397, 27.879689 ] }, { "date": "2024-07-12", "close": 32.122021, "volume": 18016, "typical_volume": 21574.8, "trend": 27.419672, "fair_value": 27.785242, "relative_strength": 4.469406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.767552, "energy": 88.251215, "activity_lines": [ 31.638036, 30.579063, 28.988504, 28.1921 ] }, { "date": "2024-07-19", "close": 32.420364, "volume": 8518, "typical_volume": 19531.05, "trend": 27.602533, "fair_value": 27.84406, "relative_strength": 6.396963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.09161, "energy": 86.573263, "activity_lines": [ 32.04909, 31.109158, 29.424275, 28.514726 ] }, { "date": "2024-07-26", "close": 29.934143, "volume": 11545, "typical_volume": 18895.85, "trend": 27.70252, "fair_value": 27.876965, "relative_strength": -1.540696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.694213, "energy": 56.663757, "activity_lines": [ 31.445767, 31.069533, 29.590563, 28.665152 ] }, { "date": "2024-08-02", "close": 30.133039, "volume": 6528, "typical_volume": 18173.05, "trend": 27.805849, "fair_value": 27.907404, "relative_strength": 3.272526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.995151, "energy": 40.741676, "activity_lines": [ 30.902112, 31.009738, 29.749764, 28.82196 ] }, { "date": "2024-08-09", "close": 28.840204, "volume": 12785, "typical_volume": 17404.05, "trend": 27.885815, "fair_value": 27.925815, "relative_strength": -1.828427, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.909478, "energy": 21.881522, "activity_lines": [ 30.09989, 30.663903, 29.763559, 28.888692 ] }, { "date": "2024-08-16", "close": 29.436897, "volume": 13457, "typical_volume": 17427.8, "trend": 27.98896, "fair_value": 27.946181, "relative_strength": -1.260677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.230252, "energy": 26.371582, "activity_lines": [ 29.682205, 30.429579, 29.820409, 28.988762 ] }, { "date": "2024-08-23", "close": 28.939653, "volume": 9356, "typical_volume": 15786.4, "trend": 28.062375, "fair_value": 27.970218, "relative_strength": -4.236956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.951337, "energy": 23.066294, "activity_lines": [ 29.277779, 30.114959, 29.818927, 29.050097 ] }, { "date": "2024-08-30", "close": 28.442408, "volume": 5119, "typical_volume": 14148.1, "trend": 28.129081, "fair_value": 27.992314, "relative_strength": -6.48267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.335262, "energy": 16.474325, "activity_lines": [ 28.939653, 29.722587, 29.763358, 29.074616 ] }, { "date": "2024-09-06", "close": 27.050123, "volume": 7174, "typical_volume": 14022.5, "trend": 28.129645, "fair_value": 28.004861, "relative_strength": -6.899478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.138639, "energy": 24.710114, "activity_lines": [ 28.23688, 29.102387, 29.564252, 29.005005 ] }, { "date": "2024-09-13", "close": 26.453428, "volume": 22209, "typical_volume": 14444.0, "trend": 28.133341, "fair_value": 28.013584, "relative_strength": -9.004317, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.107142, "energy": 44.983143, "activity_lines": [ 27.540737, 28.476763, 29.303539, 28.896862 ] }, { "date": "2024-09-20", "close": 25.956184, "volume": 12938, "typical_volume": 14597.9, "trend": 28.15006, "fair_value": 28.019742, "relative_strength": -10.641429, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.409674, "energy": 58.364272, "activity_lines": [ 26.837965, 27.854755, 28.99964, 28.756401 ] }, { "date": "2024-09-27", "close": 26.453428, "volume": 12249, "typical_volume": 14737.25, "trend": 28.180066, "fair_value": 28.029711, "relative_strength": -9.385557, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.748559, "energy": 60.954733, "activity_lines": [ 26.532988, 27.435261, 28.744467, 28.64694 ] }, { "date": "2024-10-04", "close": 25.956184, "volume": 8815, "typical_volume": 14654.5, "trend": 28.229672, "fair_value": 28.03774, "relative_strength": -9.839133, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.59534, "energy": 63.479675, "activity_lines": [ 26.228011, 27.033849, 28.439531, 28.503464 ] }, { "date": "2024-10-11", "close": 25.558388, "volume": 8736, "typical_volume": 14165.55, "trend": 28.233132, "fair_value": 28.044466, "relative_strength": -11.038008, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.871389, "energy": 60.226903, "activity_lines": [ 25.956184, 26.632437, 28.100898, 28.331123 ] }, { "date": "2024-10-18", "close": 25.856735, "volume": 14003, "typical_volume": 13802.85, "trend": 28.230092, "fair_value": 28.053104, "relative_strength": -9.768975, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.166982, "energy": 56.011741, "activity_lines": [ 25.883255, 26.368445, 27.799111, 28.177807 ] }, { "date": "2024-10-25", "close": 25.558388, "volume": 10287, "typical_volume": 13558.75, "trend": 28.177644, "fair_value": 28.049855, "relative_strength": -9.219656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.456973, "energy": 58.617893, "activity_lines": [ 25.750656, 26.104453, 27.483909, 28.005439 ] }, { "date": "2024-11-01", "close": 25.061144, "volume": 16588, "typical_volume": 13655.6, "trend": 28.095466, "fair_value": 28.042794, "relative_strength": -9.19226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.846247, "energy": 65.57529, "activity_lines": [ 25.478829, 25.820572, 27.142468, 27.804375 ] }, { "date": "2024-11-08", "close": 22.873264, "volume": 24027, "typical_volume": 13541.9, "trend": 27.9864, "fair_value": 28.014228, "relative_strength": -17.122511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.103646, "energy": 85.992855, "activity_lines": [ 24.570528, 25.209412, 26.614441, 27.467459 ] }, { "date": "2024-11-15", "close": 23.867756, "volume": 27612, "typical_volume": 13678.45, "trend": 27.913773, "fair_value": 27.995777, "relative_strength": -13.255533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.448188, "energy": 81.40744, "activity_lines": [ 24.199252, 24.880327, 26.214277, 27.20174 ] }, { "date": "2024-11-22", "close": 23.469959, "volume": 16302, "typical_volume": 13313.2, "trend": 27.785132, "fair_value": 27.974776, "relative_strength": -13.725362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.737536, "energy": 81.405259, "activity_lines": [ 23.808086, 24.536776, 25.818376, 26.915042 ] }, { "date": "2024-11-29", "close": 24.762794, "volume": 23373, "typical_volume": 13581.05, "trend": 27.735762, "fair_value": 27.971414, "relative_strength": -8.826253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.885477, "energy": 63.08153, "activity_lines": [ 24.006983, 24.48253, 25.584434, 26.720052 ] }, { "date": "2024-12-06", "close": 27.24902, "volume": 28331, "typical_volume": 14571.7, "trend": 27.779132, "fair_value": 27.982119, "relative_strength": -0.693803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.426842, "energy": 29.450853, "activity_lines": [ 25.087662, 24.902024, 25.622319, 26.68865 ] }, { "date": "2024-12-13", "close": 27.945164, "volume": 15770, "typical_volume": 14782.95, "trend": 27.816109, "fair_value": 27.997287, "relative_strength": 0.209075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.360783, "energy": 18.625325, "activity_lines": [ 26.25453, 25.433624, 25.751129, 26.699361 ] }, { "date": "2024-12-20", "close": 27.050123, "volume": 24450, "typical_volume": 15679.05, "trend": 27.806808, "fair_value": 28.00547, "relative_strength": -1.334169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.293323, "energy": 25.12333, "activity_lines": [ 26.784925, 25.766326, 25.804169, 26.649943 ] }, { "date": "2024-12-27", "close": 27.14957, "volume": 2182, "typical_volume": 15148.9, "trend": 27.744913, "fair_value": 28.013044, "relative_strength": -1.998571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.356934, "energy": 24.930737, "activity_lines": [ 27.136311, 26.089987, 25.88136, 26.607541 ] }, { "date": "2025-01-03", "close": 27.746265, "volume": 2525, "typical_volume": 14602.3, "trend": 27.670021, "fair_value": 27.99327, "relative_strength": -0.332863, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.410303, "energy": 26.332262, "activity_lines": [ 27.441288, 26.498632, 26.02343, 26.607628 ] }, { "date": "2025-01-10", "close": 27.24902, "volume": 4013, "typical_volume": 14335.15, "trend": 27.590462, "fair_value": 27.990259, "relative_strength": -2.058251, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 1.443601, "energy": 18.812716, "activity_lines": [ 27.381619, 26.777089, 26.126194, 26.580466 ] }, { "date": "2025-01-17", "close": 28.840204, "volume": 10982, "typical_volume": 14628.3, "trend": 27.557312, "fair_value": 28.00493, "relative_strength": 0.186791, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.517301, "energy": 43.878547, "activity_lines": [ 27.852344, 27.305073, 26.38855, 26.661095 ] }, { "date": "2025-01-24", "close": 28.342958, "volume": 13336, "typical_volume": 14936.4, "trend": 27.411453, "fair_value": 28.027012, "relative_strength": -3.107846, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.394047, "energy": 34.577896, "activity_lines": [ 28.097651, 27.634159, 26.601655, 26.711782 ] }, { "date": "2025-01-31", "close": 27.348469, "volume": 11159, "typical_volume": 14383.9, "trend": 27.26891, "fair_value": 28.028379, "relative_strength": -6.828247, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.863262, "energy": 26.732703, "activity_lines": [ 27.925273, 27.701061, 26.71389, 26.707718 ] }, { "date": "2025-02-07", "close": 28.840204, "volume": 7711, "typical_volume": 14122.55, "trend": 27.159516, "fair_value": 28.041803, "relative_strength": -1.975443, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.475214, "energy": 38.590525, "activity_lines": [ 28.23688, 27.968669, 26.963933, 26.809092 ] }, { "date": "2025-02-14", "close": 29.13855, "volume": 9660, "typical_volume": 13993.1, "trend": 27.050122, "fair_value": 28.060256, "relative_strength": -5.776516, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.53747, "energy": 41.710031, "activity_lines": [ 28.575006, 28.216387, 27.228657, 26.936772 ] }, { "date": "2025-02-21", "close": 30.829184, "volume": 28506, "typical_volume": 14977.65, "trend": 27.079957, "fair_value": 28.089547, "relative_strength": 0.528608, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.29446, "energy": 69.44747, "activity_lines": [ 29.350709, 28.737138, 27.641607, 27.180582 ] }, { "date": "2025-02-28", "close": 29.735245, "volume": 25279, "typical_volume": 15804.8, "trend": 27.066697, "fair_value": 28.108085, "relative_strength": -5.261691, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.81942, "energy": 66.740803, "activity_lines": [ 29.629166, 29.006555, 27.927167, 27.351891 ] }, { "date": "2025-03-07", "close": 37.691166, "volume": 68561, "typical_volume": 18532.7, "trend": 27.361729, "fair_value": 28.18448, "relative_strength": 15.637492, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.418614, "energy": 93.324461, "activity_lines": [ 32.466778, 30.673682, 28.950545, 28.037341 ] }, { "date": "2025-03-14", "close": 36.298878, "volume": 29695, "typical_volume": 19503.1, "trend": 27.590462, "fair_value": 28.248209, "relative_strength": 10.906181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.66158, "energy": 94.718412, "activity_lines": [ 34.15078, 31.896, 29.784969, 28.613931 ] }, { "date": "2025-03-21", "close": 38.387306, "volume": 57719, "typical_volume": 21559.65, "trend": 27.905384, "fair_value": 28.321585, "relative_strength": 17.865779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.544765, "energy": 94.98672, "activity_lines": [ 36.033681, 33.342531, 30.767146, 29.310501 ] }, { "date": "2025-03-28", "close": 36.895569, "volume": 19888, "typical_volume": 21352.7, "trend": 28.187156, "fair_value": 28.37106, "relative_strength": 15.219708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.271421, "energy": 88.784735, "activity_lines": [ 36.802752, 34.315322, 31.543795, 29.890513 ] }, { "date": "2025-04-04", "close": 35.403835, "volume": 11457, "typical_volume": 20544.95, "trend": 28.465613, "fair_value": 28.413465, "relative_strength": 22.181622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.147335, "energy": 75.420238, "activity_lines": [ 36.670153, 34.870428, 32.111602, 30.356106 ] }, { "date": "2025-04-11", "close": 33.215961, "volume": 53409, "typical_volume": 22400.3, "trend": 28.691031, "fair_value": 28.44247, "relative_strength": 15.61172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.812207, "energy": 54.053848, "activity_lines": [ 35.430356, 34.899359, 32.416105, 30.66258 ] }, { "date": "2025-04-18", "close": 38.884548, "volume": 48993, "typical_volume": 23681.3, "trend": 29.121976, "fair_value": 28.497836, "relative_strength": 27.619181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.302028, "energy": 55.042468, "activity_lines": [ 36.378436, 35.852261, 33.214065, 31.320226 ] }, { "date": "2025-04-25", "close": 37.492268, "volume": 20648, "typical_volume": 23297.15, "trend": 29.489937, "fair_value": 28.548641, "relative_strength": 18.195016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.449556, "energy": 48.023908, "activity_lines": [ 36.690044, 36.369396, 33.812179, 31.860245 ] }, { "date": "2025-05-02", "close": 40.774082, "volume": 33865, "typical_volume": 24201.9, "trend": 29.983867, "fair_value": 28.620484, "relative_strength": 25.914657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.464461, "energy": 56.578355, "activity_lines": [ 38.155259, 37.331339, 34.674071, 32.588254 ] }, { "date": "2025-05-09", "close": 45.647083, "volume": 65493, "typical_volume": 26254.05, "trend": 30.65349, "fair_value": 28.726058, "relative_strength": 33.569704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.404558, "energy": 81.204268, "activity_lines": [ 40.98624, 38.998466, 35.938967, 33.598784 ] }, { "date": "2025-05-16", "close": 43.558651, "volume": 53584, "typical_volume": 28824.15, "trend": 31.243554, "fair_value": 28.819491, "relative_strength": 23.007618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.536508, "energy": 78.307935, "activity_lines": [ 42.438194, 39.996571, 36.916408, 34.431375 ] }, { "date": "2025-05-23", "close": 46.442673, "volume": 54616, "typical_volume": 31428.7, "trend": 31.939697, "fair_value": 28.937646, "relative_strength": 31.733181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.4512, "energy": 86.649682, "activity_lines": [ 44.161977, 41.412363, 38.09038, 35.411964 ] }, { "date": "2025-05-30", "close": 47.53661, "volume": 36893, "typical_volume": 33072.7, "trend": 32.688879, "fair_value": 29.054086, "relative_strength": 32.607424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.400725, "energy": 87.732383, "activity_lines": [ 45.74653, 42.84262, 39.279505, 36.418216 ] }, { "date": "2025-06-06", "close": 48.531101, "volume": 50185, "typical_volume": 35032.85, "trend": 33.544141, "fair_value": 29.165645, "relative_strength": 33.844827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.735447, "energy": 85.806313, "activity_lines": [ 46.992957, 44.287342, 40.466737, 37.440295 ] }, { "date": "2025-06-13", "close": 50.799999, "volume": 55702, "typical_volume": 37151.15, "trend": 34.441882, "fair_value": 29.302416, "relative_strength": 42.024242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.236861, "energy": 85.861062, "activity_lines": [ 48.478548, 45.933036, 41.776287, 38.553576 ] }, { "date": "2025-06-20", "close": 48.200001, "volume": 25283, "typical_volume": 37857.35, "trend": 35.266217, "fair_value": 29.426913, "relative_strength": 34.504211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.010888, "energy": 76.274983, "activity_lines": [ 48.753946, 46.826073, 42.731281, 39.441197 ] }, { "date": "2025-06-27", "close": 50.400002, "volume": 28732, "typical_volume": 38908.4, "trend": 36.12079, "fair_value": 29.559865, "relative_strength": 37.215366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.280502, "energy": 68.2782, "activity_lines": [ 49.453255, 47.846673, 43.796505, 40.41757 ] }, { "date": "2025-07-04", "close": 49.099998, "volume": 10204, "typical_volume": 38935.6, "trend": 36.849156, "fair_value": 29.683229, "relative_strength": 33.901556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.534581, "energy": 61.313298, "activity_lines": [ 49.455407, 48.421537, 44.635254, 41.254938 ] }, { "date": "2025-07-11", "close": 46.5, "volume": 22452, "typical_volume": 38632.9, "trend": 37.467651, "fair_value": 29.787416, "relative_strength": 23.530863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.166997, "energy": 50.966947, "activity_lines": [ 48.486667, 48.312625, 45.131329, 41.877573 ] }, { "date": "2025-07-18", "close": 52.0, "volume": 22476, "typical_volume": 38492.75, "trend": 38.299313, "fair_value": 29.933135, "relative_strength": 37.203086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.550527, "energy": 56.659739, "activity_lines": [ 49.486667, 49.099604, 46.076591, 42.815144 ] }, { "date": "2025-07-25", "close": 60.0, "volume": 57390, "typical_volume": 37934.2, "trend": 39.394328, "fair_value": 30.12637, "relative_strength": 53.464514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.029627, "energy": 67.580986, "activity_lines": [ 53.073333, 51.225622, 47.677735, 44.215188 ] }, { "date": "2025-08-01", "close": 59.599998, "volume": 75055, "typical_volume": 40202.2, "trend": 40.456119, "fair_value": 30.308257, "relative_strength": 54.80754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.142579, "energy": 71.016262, "activity_lines": [ 55.739999, 52.979978, 49.134552, 45.51878 ] }, { "date": "2025-08-08", "close": 57.400002, "volume": 39749, "typical_volume": 39303.7, "trend": 41.461151, "fair_value": 30.469767, "relative_strength": 39.502722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.346881, "energy": 80.950342, "activity_lines": [ 57.06, 54.095111, 50.270887, 46.611934 ] }, { "date": "2025-08-15", "close": 62.0, "volume": 25749, "typical_volume": 39596.75, "trend": 42.566478, "fair_value": 30.663273, "relative_strength": 45.285503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.391066, "energy": 88.256011, "activity_lines": [ 59.36, 55.867273, 51.75478, 47.937021 ] }, { "date": "2025-08-22", "close": 58.200001, "volume": 26241, "typical_volume": 40335.95, "trend": 43.561713, "fair_value": 30.843088, "relative_strength": 36.796506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.18753, "energy": 63.421945, "activity_lines": [ 59.36, 56.703637, 52.757224, 48.945635 ] }, { "date": "2025-08-29", "close": 57.200001, "volume": 24187, "typical_volume": 38874.85, "trend": 44.556764, "fair_value": 31.032179, "relative_strength": 38.031964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.768943, "energy": 54.810626, "activity_lines": [ 58.613334, 57.223637, 53.555877, 49.825525 ] }, { "date": "2025-09-05", "close": 62.599998, "volume": 38948, "typical_volume": 38372.6, "trend": 45.68209, "fair_value": 31.275338, "relative_strength": 49.670161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.871423, "energy": 57.666401, "activity_lines": [ 59.853333, 58.561818, 54.754605, 50.989604 ] }, { "date": "2025-09-12", "close": 59.799999, "volume": 25919, "typical_volume": 38636.15, "trend": 46.704139, "fair_value": 31.482978, "relative_strength": 39.793706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.037255, "energy": 47.585615, "activity_lines": [ 59.959999, 59.169091, 55.573736, 51.900437 ] }, { "date": "2025-09-19", "close": 60.400002, "volume": 18737, "typical_volume": 37879.75, "trend": 47.689833, "fair_value": 31.713289, "relative_strength": 40.066223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.409811, "energy": 45.543931, "activity_lines": [ 60.106667, 59.690909, 56.343783, 52.784041 ] }, { "date": "2025-09-26", "close": 70.199997, "volume": 40149, "typical_volume": 36612.55, "trend": 49.038658, "fair_value": 32.007047, "relative_strength": 59.323721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.616781, "energy": 58.277078, "activity_lines": [ 63.626666, 61.741818, 57.953706, 54.23631 ] }, { "date": "2025-10-03", "close": 90.0, "volume": 113891, "typical_volume": 39627.9, "trend": 50.782285, "fair_value": 32.427102, "relative_strength": 95.207127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.005096, "energy": 80.037579, "activity_lines": [ 72.946666, 67.061818, 61.332425, 56.878977 ] }, { "date": "2025-10-10", "close": 77.400002, "volume": 115200, "typical_volume": 42657.1, "trend": 52.152323, "fair_value": 32.7507, "relative_strength": 67.947979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.50081, "energy": 73.351105, "activity_lines": [ 75.88, 69.545455, 63.289994, 58.596249 ] }, { "date": "2025-10-17", "close": 69.800003, "volume": 48858, "typical_volume": 43255.35, "trend": 53.199413, "fair_value": 33.026208, "relative_strength": 51.976948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.746557, "energy": 66.714468, "activity_lines": [ 75.293335, 70.323637, 64.376339, 59.734809 ] }, { "date": "2025-10-24", "close": 76.0, "volume": 30806, "typical_volume": 42286.4, "trend": 54.502894, "fair_value": 33.343969, "relative_strength": 59.559781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.279057, "energy": 56.803284, "activity_lines": [ 76.106668, 72.003637, 65.947143, 61.205815 ] }, { "date": "2025-10-31", "close": 71.199997, "volume": 23434, "typical_volume": 40673.0, "trend": 55.696099, "fair_value": 33.632844, "relative_strength": 42.994485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.153957, "energy": 42.582812, "activity_lines": [ 74.28, 72.556364, 66.93, 62.283047 ] }, { "date": "2025-11-07", "close": 72.0, "volume": 35549, "typical_volume": 41186.3, "trend": 56.988901, "fair_value": 33.924964, "relative_strength": 43.917422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.976035, "energy": 30.101513, "activity_lines": [ 72.653333, 73.018182, 67.891905, 63.334912 ] }, { "date": "2025-11-14", "close": 67.599998, "volume": 38162, "typical_volume": 41657.8, "trend": 57.946082, "fair_value": 34.188879, "relative_strength": 30.637596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.487524, "energy": 24.66347, "activity_lines": [ 70.759999, 72.410909, 68.321428, 64.019499 ] }, { "date": "2025-11-21", "close": 64.0, "volume": 42220, "typical_volume": 43258.6, "trend": 58.829673, "fair_value": 34.430345, "relative_strength": 23.838087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.978934, "energy": 17.771479, "activity_lines": [ 68.319999, 71.058181, 68.32619, 64.410074 ] }, { "date": "2025-11-28", "close": 68.800003, "volume": 119818, "typical_volume": 48126.9, "trend": 59.763871, "fair_value": 34.688148, "relative_strength": 25.754171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.05851, "energy": 16.825595, "activity_lines": [ 67.866667, 70.501818, 68.717143, 65.053321 ] }, { "date": "2025-12-05", "close": 69.800003, "volume": 20533, "typical_volume": 48029.75, "trend": 60.568968, "fair_value": 34.961773, "relative_strength": 24.429612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.164151, "energy": 15.685549, "activity_lines": [ 68.226668, 69.974546, 69.097143, 65.700814 ] }, { "date": "2025-12-12", "close": 72.599998, "volume": 33347, "typical_volume": 46827.6, "trend": 61.537013, "fair_value": 35.251465, "relative_strength": 27.422331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.534391, "energy": 15.347463, "activity_lines": [ 69.613334, 69.963637, 69.659048, 66.477009 ] }, { "date": "2025-12-19", "close": 69.400002, "volume": 37046, "typical_volume": 44927.15, "trend": 62.302257, "fair_value": 35.516879, "relative_strength": 17.58955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.508396, "energy": 15.751556, "activity_lines": [ 69.893334, 69.687273, 69.856191, 66.984299 ] }, { "date": "2025-12-26", "close": 68.199997, "volume": 11499, "typical_volume": 43514.65, "trend": 62.991037, "fair_value": 35.775228, "relative_strength": 14.202425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.821734, "energy": 15.363643, "activity_lines": [ 69.653333, 69.338182, 69.892381, 67.364798 ] }, { "date": "2026-01-02", "close": 76.800003, "volume": 17572, "typical_volume": 43105.8, "trend": 63.933333, "fair_value": 36.088078, "relative_strength": 24.669178, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.333894, "energy": 27.830661, "activity_lines": [ 72.000001, 70.581819, 70.696191, 68.255699 ] }, { "date": "2026-01-09", "close": 80.400002, "volume": 41122, "typical_volume": 43849.85, "trend": 64.92, "fair_value": 36.424632, "relative_strength": 27.686984, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.06369, "energy": 53.308954, "activity_lines": [ 75.013334, 72.465455, 71.772381, 69.318065 ] }, { "date": "2026-01-16", "close": 81.800003, "volume": 29164, "typical_volume": 44098.7, "trend": 66.04, "fair_value": 36.772671, "relative_strength": 26.784634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.21002, "energy": 66.01878, "activity_lines": [ 77.786669, 74.436365, 72.876191, 70.407097 ] }, { "date": "2026-01-23", "close": 84.400002, "volume": 28973, "typical_volume": 43599.95, "trend": 67.173334, "fair_value": 37.140513, "relative_strength": 28.003629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.015123, "energy": 74.621306, "activity_lines": [ 80.813335, 76.70182, 74.110477, 71.591614 ] }, { "date": "2026-01-30", "close": 82.800003, "volume": 16326, "typical_volume": 43120.3, "trend": 68.296667, "fair_value": 37.505629, "relative_strength": 22.143149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.235945, "energy": 73.558143, "activity_lines": [ 82.306669, 78.370911, 75.088573, 72.599786 ] }, { "date": "2026-02-06", "close": 84.400002, "volume": 34166, "typical_volume": 43891.75, "trend": 69.560001, "fair_value": 37.86657, "relative_strength": 21.726573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.617176, "energy": 73.328891, "activity_lines": [ 83.360002, 79.989093, 76.109525, 73.638711 ] }, { "date": "2026-02-13", "close": 77.599998, "volume": 41773, "typical_volume": 43972.95, "trend": 70.413334, "fair_value": 38.163214, "relative_strength": 11.605015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.209223, "energy": 47.448029, "activity_lines": [ 81.640001, 80.087274, 76.368572, 74.15742 ] }, { "date": "2026-02-20", "close": 75.0, "volume": 24518, "typical_volume": 39504.3, "trend": 70.913334, "fair_value": 38.455741, "relative_strength": 3.578421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.226374, "energy": 28.460339, "activity_lines": [ 79.24, 79.57091, 76.344763, 74.453334 ] }, { "date": "2026-02-27", "close": 75.199997, "volume": 49211, "typical_volume": 36204.85, "trend": 71.433334, "fair_value": 38.742647, "relative_strength": 4.807408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.864179, "energy": 19.1865, "activity_lines": [ 77.359999, 79.047273, 76.411429, 74.729893 ] }, { "date": "2026-03-06", "close": 73.599998, "volume": 43424, "typical_volume": 35933.15, "trend": 71.973334, "fair_value": 39.015532, "relative_strength": 7.441286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.048353, "energy": 20.647749, "activity_lines": [ 75.559998, 78.127273, 76.336191, 74.869678 ] }, { "date": "2026-03-13", "close": 71.800003, "volume": 27860, "typical_volume": 35785.85, "trend": 72.3, "fair_value": 39.280017, "relative_strength": 6.771614, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.088647, "energy": 19.424386, "activity_lines": [ 73.773333, 76.781818, 76.071429, 74.858495 ] }, { "date": "2026-03-20", "close": 66.599998, "volume": 36690, "typical_volume": 36448.65, "trend": 72.58, "fair_value": 39.506148, "relative_strength": -0.23188, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.823602, "energy": 29.299553, "activity_lines": [ 71.093333, 74.581818, 75.331429, 74.490753 ] }, { "date": "2026-03-27", "close": 71.800003, "volume": 40401, "typical_volume": 36691.25, "trend": 73.066667, "fair_value": 39.771887, "relative_strength": 5.253737, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.893305, "energy": 23.19854, "activity_lines": [ 70.880001, 73.578182, 75.108572, 74.440431 ] }, { "date": "2026-04-03", "close": 77.800003, "volume": 35249, "typical_volume": 36545.6, "trend": 73.573334, "fair_value": 40.07546, "relative_strength": 9.36207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.062634, "energy": 11.996848, "activity_lines": [ 72.880002, 73.847273, 75.458096, 74.745807 ] }, { "date": "2026-04-10", "close": 72.800003, "volume": 21464, "typical_volume": 35507.8, "trend": 74.006667, "fair_value": 40.348865, "relative_strength": -4.44326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.544004, "energy": 11.88975, "activity_lines": [ 73.040002, 73.327274, 75.282858, 74.695915 ] }, { "date": "2026-04-17", "close": 79.099998, "volume": 35066, "typical_volume": 31270.2, "trend": 74.630001, "fair_value": 40.662026, "relative_strength": 0.820921, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.715596, "energy": 12.799402, "activity_lines": [ 75.353334, 74.134546, 75.665715, 75.024517 ] }, { "date": "2026-04-24", "close": 75.990257, "volume": 25755, "typical_volume": 31531.3, "trend": 74.823009, "fair_value": 40.957764, "relative_strength": -0.289842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.142634, "energy": 13.171738, "activity_lines": [ 76.14342, 74.472775, 75.703358, 75.112275 ] }, { "date": "2026-05-01", "close": 73.002441, "volume": 21532, "typical_volume": 30940.55, "trend": 74.256424, "fair_value": 41.233093, "relative_strength": -5.25752, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.566812, "energy": 12.434521, "activity_lines": [ 75.311549, 74.297032, 75.426971, 74.994819 ] }, { "date": "2026-05-08", "close": 79.974022, "volume": 49040, "typical_volume": 31540.25, "trend": 74.342225, "fair_value": 41.552485, "relative_strength": 1.779019, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.084353, "energy": 21.769433, "activity_lines": [ 76.723376, 75.425169, 75.812626, 75.363697 ] }, { "date": "2026-05-15", "close": 71.608116, "volume": 117092, "typical_volume": 36819.9, "trend": 74.402495, "fair_value": 41.819504, "relative_strength": -8.814915, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.48811, "energy": 6.620925, "activity_lines": [ 75.201634, 74.945431, 75.351177, 75.187302 ] }, { "date": "2026-05-22", "close": 73.102028, "volume": 48122, "typical_volume": 38347.4, "trend": 74.305896, "fair_value": 42.103629, "relative_strength": -9.03541, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.578371, "energy": 8.269165, "activity_lines": [ 74.257321, 74.77353, 75.015775, 75.103401 ] }, { "date": "2026-05-29", "close": 79.675232, "volume": 37351, "typical_volume": 38158.85, "trend": 74.588404, "fair_value": 42.438675, "relative_strength": -3.840075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.566438, "energy": 15.803715, "activity_lines": [ 75.90394, 75.773084, 75.324003, 75.44981 ] }, { "date": "2026-06-05", "close": 78.878479, "volume": 6967, "typical_volume": 37049.0, "trend": 74.817686, "fair_value": 42.752676, "relative_strength": -4.070816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.858996, "energy": 15.443571, "activity_lines": [ 77.039311, 76.390041, 75.5598, 75.726589 ] }, { "date": "2026-06-12", "close": 75.492287, "volume": 2657, "typical_volume": 35733.2, "trend": 75.080763, "fair_value": 43.054457, "relative_strength": -10.799805, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.584745, "energy": 19.251286, "activity_lines": [ 76.654215, 76.262629, 75.487015, 75.770112 ] }, { "date": "2026-06-19", "close": 73.799187, "volume": 3657, "typical_volume": 35099.75, "trend": 75.407402, "fair_value": 43.346017, "relative_strength": -16.414319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.814718, "energy": 6.374838, "activity_lines": [ 76.003534, 75.869338, 75.295401, 75.68743 ] }, { "date": "2026-06-26", "close": 63.299999, "volume": 17077, "typical_volume": 34245.3, "trend": 75.224069, "fair_value": 43.577864, "relative_strength": -26.788253, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.927149, "energy": 46.5368, "activity_lines": [ 71.707053, 73.548937, 74.146724, 74.906307 ] }, { "date": "2026-07-03", "close": 62.700001, "volume": 13275, "typical_volume": 32820.4, "trend": 74.987402, "fair_value": 43.800173, "relative_strength": -29.079874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.262536, "energy": 64.710116, "activity_lines": [ 67.864041, 71.406718, 73.041381, 74.098302 ] }, { "date": "2026-07-10", "close": 61.599998, "volume": 49916, "typical_volume": 34090.3, "trend": 74.620735, "fair_value": 44.014798, "relative_strength": -29.365399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.748505, "energy": 73.236185, "activity_lines": [ 64.786043, 69.30614, 71.902228, 73.234599 ] }, { "date": "2026-07-17", "close": 67.400002, "volume": 52185, "typical_volume": 34239.0, "trend": 74.554069, "fair_value": 44.267868, "relative_strength": -21.144711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.451452, "energy": 70.757644, "activity_lines": [ 64.793279, 68.467424, 71.379266, 72.768745 ] }, { "date": "2026-07-24", "close": 71.5, "volume": 60588, "typical_volume": 35097.2, "trend": 74.664069, "fair_value": 44.538366, "relative_strength": -17.285186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.714697, "energy": 54.04095, "activity_lines": [ 66.706667, 68.602782, 71.283923, 72.571708 ] }, { "date": "2026-07-31", "close": 73.800003, "volume": 66882, "typical_volume": 37048.3, "trend": 74.564069, "fair_value": 44.828034, "relative_strength": -14.412419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.384074, "energy": 19.692458, "activity_lines": [ 69.540001, 69.158288, 71.417628, 72.515962 ] }, { "date": "2026-08-07", "close": 74.800003, "volume": 41445, "typical_volume": 37286.05, "trend": 74.377402, "fair_value": 45.119053, "relative_strength": -15.681729, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.346334, "energy": 17.494906, "activity_lines": [ 72.006669, 69.882921, 71.637047, 72.531184 ] } ], "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." } } }