{ "ticker": { "uuid": "9dc93e02-e8f5-4267-baab-19cb902b8ef0", "symbol": "8477", "name": "Xxtechec 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 86.886, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 16.137, "architecture_energy": 8.763, "architecture_maturity": 38.273, "architecture_confidence": 71.805, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 62.92, "rotation_up": 22.46, "upward_expansion": 44.38, "deceleration": 84.68, "rotation_down": 24.73, "downward_expansion": 24.71 }, "activity_lines": [ 15.77, 15.857273, 16.075952, 15.580215 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 15.95, "trend_reference": 14.825, "distance_from_trend": 0.075885, "trend_direction": "Improving", "fair_value": 14.666987, "distance_from_fair_value": 0.087476, "fair_value_direction": "Weakening", "relative_strength": -16.05829, "relative_strength_direction": "Weakening", "price_momentum": 0.270916, "excess_performance": -0.170456, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075885, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.098555, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.087476, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.036664, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.160583, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.028967, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.270916, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.267633, "read": "Demand-led" } ], "volume": { "latest": 145176, "relative_activity": 0.373854, "balance": 1.267633, "dry_up": 0.328101, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.12298, "annualized_volatility": 0.549262, "from_high_reference": -0.298901, "from_low_reference": 0.45 }, "levels": { "trend_reference": 14.825, "fair_value_reference": 14.666987, "structural_low": 12.2, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.016659, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.041098, "regime_survival": 0.7, "best_return": 0.421245, "worst_return": -0.109453, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.046575, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.136918, "regime_survival": 0.6, "best_return": 0.14652, "worst_return": -0.147988, "sufficient": true }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.121467, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.25475, "regime_survival": 0.0, "best_return": -0.055263, "worst_return": -0.187671, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.387671, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.494846, "regime_survival": 0.0, "best_return": -0.375342, "worst_return": -0.4, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.106965, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.1, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2025-02-21", "tenure": "Established", "return": -0.02834, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": 0.045455, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-06-06", "tenure": "Developing", "return": -0.022727, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": -0.07874, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.066116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-10-24", "tenure": "Established", "return": -0.074803, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-02", "tenure": "Developing", "return": 0.07265, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-02-27", "tenure": "Developing", "return": 0.14876, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.042308, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": 0.208791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": 0.028754, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-14", "tenure": "Developing", "return": -0.012384, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 15.0, "volume": 267000, "typical_volume": 211700.0, "trend": 17.065, "fair_value": 28.331712, "relative_strength": -25.389083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.379798, "energy": 82.393936, "activity_lines": [ 15.51, 16.023636, 16.516429, 16.808817 ] }, { "date": "2023-08-18", "close": 14.45, "volume": 384000, "typical_volume": 219800.0, "trend": 16.971667, "fair_value": 28.172995, "relative_strength": -26.517654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.067899, "energy": 84.711143, "activity_lines": [ 15.093333, 15.666364, 16.285714, 16.640108 ] }, { "date": "2023-08-25", "close": 14.0, "volume": 285000, "typical_volume": 231700.0, "trend": 16.89, "fair_value": 28.010784, "relative_strength": -28.588692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.177888, "energy": 85.191011, "activity_lines": [ 14.64, 15.277273, 16.029286, 16.448387 ] }, { "date": "2023-09-01", "close": 14.3, "volume": 103000, "typical_volume": 226500.0, "trend": 16.795, "fair_value": 27.857191, "relative_strength": -27.027324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.296251, "energy": 83.813638, "activity_lines": [ 14.416667, 15.002727, 15.819286, 16.28129 ] }, { "date": "2023-09-08", "close": 16.0, "volume": 564000, "typical_volume": 195950.0, "trend": 16.763333, "fair_value": 27.719364, "relative_strength": -17.072354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.823186, "energy": 50.533682, "activity_lines": [ 14.873333, 15.09, 15.784286, 16.23 ] }, { "date": "2023-09-15", "close": 15.15, "volume": 305000, "typical_volume": 203000.0, "trend": 16.696667, "fair_value": 27.573045, "relative_strength": -22.224339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.914892, "energy": 41.162731, "activity_lines": [ 15.006667, 15.040909, 15.675714, 16.125914 ] }, { "date": "2023-09-22", "close": 15.5, "volume": 423000, "typical_volume": 219750.0, "trend": 16.638333, "fair_value": 27.42684, "relative_strength": -16.772306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.92806, "energy": 24.06529, "activity_lines": [ 15.246667, 15.088182, 15.612381, 16.04871 ] }, { "date": "2023-09-29", "close": 15.2, "volume": 107000, "typical_volume": 215950.0, "trend": 16.558333, "fair_value": 27.278407, "relative_strength": -17.59425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.613988, "energy": 20.746442, "activity_lines": [ 15.316667, 15.092727, 15.529286, 15.955914 ] }, { "date": "2023-10-06", "close": 15.7, "volume": 87000, "typical_volume": 217350.0, "trend": 16.451667, "fair_value": 27.126485, "relative_strength": -14.840792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.957769, "energy": 16.917935, "activity_lines": [ 15.473333, 15.201818, 15.500476, 15.900538 ] }, { "date": "2023-10-13", "close": 15.7, "volume": 103000, "typical_volume": 216100.0, "trend": 16.378333, "fair_value": 26.978824, "relative_strength": -15.336361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.458381, "energy": 16.214695, "activity_lines": [ 15.536667, 15.316364, 15.477857, 15.852043 ] }, { "date": "2023-10-20", "close": 15.8, "volume": 272000, "typical_volume": 224350.0, "trend": 16.308333, "fair_value": 26.836367, "relative_strength": -12.165732, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.235668, "energy": 14.468337, "activity_lines": [ 15.653333, 15.443636, 15.47, 15.814731 ] }, { "date": "2023-10-27", "close": 15.95, "volume": 118000, "typical_volume": 223200.0, "trend": 16.238333, "fair_value": 26.692742, "relative_strength": -8.802172, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.858791, "energy": 10.417498, "activity_lines": [ 15.776667, 15.583636, 15.484524, 15.791613 ] }, { "date": "2023-11-03", "close": 16.1, "volume": 78000, "typical_volume": 218400.0, "trend": 16.183333, "fair_value": 26.54947, "relative_strength": -9.138987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.813547, "energy": 10.502168, "activity_lines": [ 15.92, 15.723636, 15.519286, 15.782688 ] }, { "date": "2023-11-10", "close": 15.7, "volume": 127000, "typical_volume": 220950.0, "trend": 16.138333, "fair_value": 26.403634, "relative_strength": -11.468706, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.579387, "energy": 10.730922, "activity_lines": [ 15.87, 15.752727, 15.521667, 15.751505 ] }, { "date": "2023-11-17", "close": 15.5, "volume": 114000, "typical_volume": 218450.0, "trend": 16.07, "fair_value": 26.257733, "relative_strength": -14.654004, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.958689, "energy": 8.815939, "activity_lines": [ 15.753333, 15.72, 15.512143, 15.710323 ] }, { "date": "2023-11-24", "close": 15.45, "volume": 152000, "typical_volume": 219700.0, "trend": 15.996667, "fair_value": 26.113642, "relative_strength": -14.776213, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.488175, "energy": 12.073239, "activity_lines": [ 15.633333, 15.687273, 15.505, 15.670323 ] }, { "date": "2023-12-01", "close": 15.3, "volume": 225000, "typical_volume": 215850.0, "trend": 15.928333, "fair_value": 25.967068, "relative_strength": -15.83448, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.792511, "energy": 18.149623, "activity_lines": [ 15.486667, 15.621818, 15.490714, 15.625376 ] }, { "date": "2023-12-08", "close": 15.15, "volume": 203000, "typical_volume": 220050.0, "trend": 15.88, "fair_value": 25.820749, "relative_strength": -15.791663, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.843258, "energy": 24.051026, "activity_lines": [ 15.333333, 15.532727, 15.46619, 15.575161 ] }, { "date": "2023-12-15", "close": 15.0, "volume": 163000, "typical_volume": 217300.0, "trend": 15.813333, "fair_value": 25.673469, "relative_strength": -17.353826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.358116, "energy": 37.562023, "activity_lines": [ 15.193333, 15.417273, 15.43119, 15.518387 ] }, { "date": "2023-12-22", "close": 18.5, "volume": 4488000, "typical_volume": 428400.0, "trend": 15.87, "fair_value": 25.551363, "relative_strength": 2.838395, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.10018, "energy": 41.272932, "activity_lines": [ 16.266667, 15.950909, 15.734286, 15.69172 ] }, { "date": "2023-12-29", "close": 23.299999, "volume": 3671000, "typical_volume": 598600.0, "trend": 16.063333, "fair_value": 25.466721, "relative_strength": 27.099324, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 87.137213, "energy": 90.751475, "activity_lines": [ 18.74, 17.306363, 16.479762, 16.171075 ] }, { "date": "2024-01-05", "close": 21.65, "volume": 1773000, "typical_volume": 668050.0, "trend": 16.211667, "fair_value": 25.373632, "relative_strength": 20.894563, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.401575, "energy": 93.188695, "activity_lines": [ 20.14, 18.225454, 17.028571, 16.531505 ] }, { "date": "2024-01-12", "close": 19.5, "volume": 1390000, "typical_volume": 723300.0, "trend": 16.285, "fair_value": 25.265848, "relative_strength": 9.220555, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.30738, "energy": 84.848361, "activity_lines": [ 20.4, 18.65, 17.338333, 16.743656 ] }, { "date": "2024-01-19", "close": 19.5, "volume": 2256000, "typical_volume": 830950.0, "trend": 16.361667, "fair_value": 25.159586, "relative_strength": 8.302749, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.740053, "energy": 80.679978, "activity_lines": [ 20.37, 19.012727, 17.621905, 16.951075 ] }, { "date": "2024-01-26", "close": 18.299999, "volume": 1012000, "typical_volume": 853350.0, "trend": 16.405, "fair_value": 25.0505, "relative_strength": 0.027117, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.576462, "energy": 48.164304, "activity_lines": [ 19.64, 19.088182, 17.766428, 17.076129 ] }, { "date": "2024-02-02", "close": 18.85, "volume": 667000, "typical_volume": 871450.0, "trend": 16.468333, "fair_value": 24.956502, "relative_strength": 2.770883, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.258361, "energy": 29.796721, "activity_lines": [ 19.106666, 19.212727, 17.952381, 17.233871 ] }, { "date": "2024-02-09", "close": 19.0, "volume": 158000, "typical_volume": 858200.0, "trend": 16.563333, "fair_value": 24.874421, "relative_strength": 3.455301, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.448319, "energy": 24.809572, "activity_lines": [ 18.92, 19.302727, 18.135, 17.397204 ] }, { "date": "2024-02-16", "close": 18.0, "volume": 751000, "typical_volume": 890400.0, "trend": 16.631667, "fair_value": 24.796275, "relative_strength": -4.427751, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.991917, "energy": 21.093759, "activity_lines": [ 18.576667, 19.143636, 18.205714, 17.489892 ] }, { "date": "2024-02-23", "close": 19.950001, "volume": 3874000, "typical_volume": 1079750.0, "trend": 16.763333, "fair_value": 24.721501, "relative_strength": 4.456942, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.979269, "energy": 24.239138, "activity_lines": [ 18.983334, 19.287273, 18.448809, 17.703978 ] }, { "date": "2024-03-01", "close": 19.85, "volume": 877000, "typical_volume": 1118450.0, "trend": 16.911667, "fair_value": 24.649129, "relative_strength": 3.833458, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.71156, "energy": 29.446173, "activity_lines": [ 19.326667, 19.322727, 18.662143, 17.903118 ] }, { "date": "2024-03-08", "close": 18.6, "volume": 927000, "typical_volume": 1151200.0, "trend": 17.031667, "fair_value": 24.560528, "relative_strength": -6.387768, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.809697, "energy": 23.973896, "activity_lines": [ 19.15, 19.106364, 18.736667, 18.012043 ] }, { "date": "2024-03-15", "close": 18.0, "volume": 386000, "typical_volume": 1164600.0, "trend": 17.15, "fair_value": 24.468993, "relative_strength": -8.507053, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.1213, "energy": 17.192626, "activity_lines": [ 18.79, 18.866364, 18.740714, 18.074516 ] }, { "date": "2024-03-22", "close": 17.950001, "volume": 247000, "typical_volume": 1173050.0, "trend": 17.281667, "fair_value": 24.378356, "relative_strength": -10.816261, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.713448, "energy": 9.496636, "activity_lines": [ 18.48, 18.683637, 18.730238, 18.126129 ] }, { "date": "2024-03-29", "close": 18.15, "volume": 308000, "typical_volume": 1182100.0, "trend": 17.41, "fair_value": 24.283827, "relative_strength": -9.691484, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.084002, "energy": 12.646642, "activity_lines": [ 18.24, 18.565455, 18.73, 18.182151 ] }, { "date": "2024-04-05", "close": 18.049999, "volume": 164000, "typical_volume": 1184600.0, "trend": 17.478333, "fair_value": 24.191396, "relative_strength": -9.971724, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.65326, "energy": 12.158548, "activity_lines": [ 18.086667, 18.453636, 18.708571, 18.223441 ] }, { "date": "2024-04-12", "close": 17.9, "volume": 325000, "typical_volume": 1193250.0, "trend": 17.57, "fair_value": 24.096482, "relative_strength": -12.082374, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.52449, "energy": 15.415097, "activity_lines": [ 18.003333, 18.319091, 18.660714, 18.250645 ] }, { "date": "2024-04-19", "close": 17.5, "volume": 273000, "typical_volume": 1195650.0, "trend": 17.636667, "fair_value": 23.999308, "relative_strength": -8.312827, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.568699, "energy": 23.905287, "activity_lines": [ 17.833333, 18.129091, 18.563095, 18.246129 ] }, { "date": "2024-04-26", "close": 16.799999, "volume": 236000, "typical_volume": 1197300.0, "trend": 17.69, "fair_value": 23.898864, "relative_strength": -14.072464, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.453731, "energy": 42.441423, "activity_lines": [ 17.463333, 17.839091, 18.388333, 18.19215 ] }, { "date": "2024-05-03", "close": 20.1, "volume": 1218000, "typical_volume": 1250050.0, "trend": 17.836667, "fair_value": 23.819574, "relative_strength": 1.990749, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.792727, "energy": 16.895808, "activity_lines": [ 18.27, 18.170909, 18.52, 18.347634 ] }, { "date": "2024-05-10", "close": 17.4, "volume": 1017000, "typical_volume": 1076500.0, "trend": 17.893333, "fair_value": 23.724802, "relative_strength": -12.924973, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.566274, "energy": 7.139574, "activity_lines": [ 18.046666, 18.009091, 18.370238, 18.319462 ] }, { "date": "2024-05-17", "close": 17.6, "volume": 394000, "typical_volume": 912650.0, "trend": 17.953333, "fair_value": 23.633746, "relative_strength": -13.818088, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.992104, "energy": 9.076959, "activity_lines": [ 17.933333, 17.928182, 18.244762, 18.300538 ] }, { "date": "2024-05-24", "close": 17.700001, "volume": 400000, "typical_volume": 844000.0, "trend": 18.011667, "fair_value": 23.539072, "relative_strength": -14.223267, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.119734, "energy": 11.909514, "activity_lines": [ 17.873334, 17.883636, 18.155952, 18.284194 ] }, { "date": "2024-05-31", "close": 17.9, "volume": 228000, "typical_volume": 785900.0, "trend": 18.071667, "fair_value": 23.445071, "relative_strength": -11.291398, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.844003, "energy": 21.124246, "activity_lines": [ 17.866667, 17.880909, 18.105, 18.276989 ] }, { "date": "2024-06-07", "close": 18.5, "volume": 341000, "typical_volume": 690150.0, "trend": 18.165, "fair_value": 23.354916, "relative_strength": -10.877823, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.775833, "energy": 10.266433, "activity_lines": [ 17.986667, 17.988182, 18.11881, 18.304624 ] }, { "date": "2024-06-14", "close": 18.0, "volume": 121000, "typical_volume": 645600.0, "trend": 18.248333, "fair_value": 23.247558, "relative_strength": -15.433073, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.211699, "energy": 5.032542, "activity_lines": [ 18.046667, 17.998182, 18.089762, 18.293978 ] }, { "date": "2024-06-21", "close": 19.6, "volume": 2037000, "typical_volume": 714100.0, "trend": 18.386667, "fair_value": 23.143762, "relative_strength": -10.595411, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.457673, "energy": 17.088785, "activity_lines": [ 18.6, 18.3, 18.214524, 18.381183 ] }, { "date": "2024-06-28", "close": 20.65, "volume": 1184000, "typical_volume": 765400.0, "trend": 18.565, "fair_value": 23.044872, "relative_strength": -4.6907, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.285038, "energy": 43.101177, "activity_lines": [ 19.37, 18.761818, 18.435714, 18.527204 ] }, { "date": "2024-07-05", "close": 20.6, "volume": 725000, "typical_volume": 764100.0, "trend": 18.746667, "fair_value": 22.942308, "relative_strength": -6.76589, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.503157, "energy": 52.275923, "activity_lines": [ 19.926667, 19.157273, 18.644286, 18.658495 ] }, { "date": "2024-07-12", "close": 21.450001, "volume": 1179000, "typical_volume": 629350.0, "trend": 18.961667, "fair_value": 22.840705, "relative_strength": -4.307827, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.578968, "energy": 65.819596, "activity_lines": [ 20.586667, 19.638182, 18.921429, 18.832903 ] }, { "date": "2024-07-19", "close": 20.200001, "volume": 666000, "typical_volume": 618800.0, "trend": 19.018333, "fair_value": 22.727885, "relative_strength": -5.652868, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.095529, "energy": 58.934054, "activity_lines": [ 20.633334, 19.867273, 19.072381, 18.912796 ] }, { "date": "2024-07-26", "close": 19.799999, "volume": 327000, "typical_volume": 588800.0, "trend": 18.901667, "fair_value": 22.582051, "relative_strength": -4.326113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.420384, "energy": 53.553401, "activity_lines": [ 20.4, 19.972727, 19.183572, 18.963226 ] }, { "date": "2024-08-02", "close": 20.1, "volume": 353000, "typical_volume": 587150.0, "trend": 18.85, "fair_value": 22.442308, "relative_strength": -0.746813, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.577066, "energy": 39.020322, "activity_lines": [ 20.253333, 20.092727, 19.317619, 19.040538 ] }, { "date": "2024-08-09", "close": 17.950001, "volume": 681000, "typical_volume": 608850.0, "trend": 18.798333, "fair_value": 22.302885, "relative_strength": -10.541343, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.460617, "energy": 14.100543, "activity_lines": [ 19.426667, 19.778182, 19.236905, 18.982473 ] }, { "date": "2024-08-16", "close": 14.0, "volume": 3322000, "typical_volume": 759550.0, "trend": 18.615, "fair_value": 22.143269, "relative_strength": -32.621069, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.529008, "energy": 40.687429, "activity_lines": [ 17.46, 18.744546, 18.78, 18.672903 ] }, { "date": "2024-08-23", "close": 12.6, "volume": 1162000, "typical_volume": 809450.0, "trend": 18.425, "fair_value": 21.988141, "relative_strength": -38.478148, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.207318, "energy": 88.235526, "activity_lines": [ 15.523333, 17.538182, 18.209524, 18.284839 ] }, { "date": "2024-08-30", "close": 12.35, "volume": 502000, "typical_volume": 818300.0, "trend": 18.208333, "fair_value": 21.833333, "relative_strength": -39.614214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.298905, "energy": 94.605115, "activity_lines": [ 14.01, 16.384546, 17.641191, 17.892903 ] }, { "date": "2024-09-06", "close": 11.95, "volume": 166000, "typical_volume": 812950.0, "trend": 17.973333, "fair_value": 21.674679, "relative_strength": -38.776923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.464196, "energy": 92.887133, "activity_lines": [ 12.86, 15.29, 17.061191, 17.48914 ] }, { "date": "2024-09-13", "close": 11.95, "volume": 79000, "typical_volume": 805100.0, "trend": 17.771667, "fair_value": 21.51859, "relative_strength": -39.245683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.960356, "energy": 90.467882, "activity_lines": [ 12.253333, 14.353636, 16.507619, 17.100538 ] }, { "date": "2024-09-20", "close": 11.55, "volume": 93000, "typical_volume": 748850.0, "trend": 17.491667, "fair_value": 21.352885, "relative_strength": -41.809913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.500844, "energy": 90.884284, "activity_lines": [ 11.913333, 13.501818, 15.939048, 16.69914 ] }, { "date": "2024-09-27", "close": 11.9, "volume": 140000, "typical_volume": 705000.0, "trend": 17.226667, "fair_value": 21.196474, "relative_strength": -41.274727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.207758, "energy": 87.174662, "activity_lines": [ 11.853333, 12.893636, 15.444524, 16.338387 ] }, { "date": "2024-10-04", "close": 11.9, "volume": 57000, "typical_volume": 688150.0, "trend": 17.003333, "fair_value": 21.040385, "relative_strength": -39.357907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.510591, "energy": 80.949582, "activity_lines": [ 11.84, 12.436364, 14.976191, 15.994731 ] }, { "date": "2024-10-11", "close": 11.65, "volume": 53000, "typical_volume": 670800.0, "trend": 16.791667, "fair_value": 20.88109, "relative_strength": -41.640111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.39488, "energy": 73.457654, "activity_lines": [ 11.773333, 12.077273, 14.511191, 15.649355 ] }, { "date": "2024-10-18", "close": 11.1, "volume": 165000, "typical_volume": 667650.0, "trend": 16.563333, "fair_value": 20.720833, "relative_strength": -45.191122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.899933, "energy": 67.422554, "activity_lines": [ 11.543333, 11.771818, 14.022619, 15.282151 ] }, { "date": "2024-10-25", "close": 12.7, "volume": 417000, "typical_volume": 671450.0, "trend": 16.381667, "fair_value": 20.572436, "relative_strength": -36.286092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.3524, "energy": 56.56501, "activity_lines": [ 11.903333, 11.881818, 13.71881, 15.032903 ] }, { "date": "2024-11-01", "close": 12.1, "volume": 399000, "typical_volume": 685350.0, "trend": 16.183333, "fair_value": 20.41891, "relative_strength": -37.152854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.446772, "energy": 51.058708, "activity_lines": [ 11.986667, 11.906364, 13.385476, 14.756667 ] }, { "date": "2024-11-08", "close": 12.4, "volume": 170000, "typical_volume": 592000.0, "trend": 16.0, "fair_value": 20.263461, "relative_strength": -37.117275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.545676, "energy": 46.009343, "activity_lines": [ 12.156667, 11.994545, 13.10881, 14.512581 ] }, { "date": "2024-11-15", "close": 11.65, "volume": 96000, "typical_volume": 537600.0, "trend": 15.805, "fair_value": 20.109295, "relative_strength": -38.262737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.225072, "energy": 49.640286, "activity_lines": [ 12.043333, 11.945455, 12.795, 14.231936 ] }, { "date": "2024-11-22", "close": 11.9, "volume": 99256, "typical_volume": 506312.8, "trend": 15.641667, "fair_value": 19.960577, "relative_strength": -36.83493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.898041, "energy": 50.212645, "activity_lines": [ 12.013333, 11.947273, 12.547857, 13.98 ] }, { "date": "2024-11-29", "close": 11.85, "volume": 64000, "typical_volume": 450562.8, "trend": 15.366667, "fair_value": 19.813461, "relative_strength": -34.760587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.548725, "energy": 53.640177, "activity_lines": [ 11.913333, 11.940909, 12.337381, 13.735376 ] }, { "date": "2024-12-06", "close": 12.35, "volume": 142000, "typical_volume": 424362.8, "trend": 15.198333, "fair_value": 19.669551, "relative_strength": -34.210774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.754728, "energy": 46.88077, "activity_lines": [ 12.036667, 12.02, 12.220238, 13.540753 ] }, { "date": "2024-12-13", "close": 12.2, "volume": 130000, "typical_volume": 414512.8, "trend": 15.018333, "fair_value": 19.525641, "relative_strength": -34.022347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.264184, "energy": 39.053114, "activity_lines": [ 12.093333, 12.063636, 12.12619, 13.347312 ] }, { "date": "2024-12-20", "close": 12.4, "volume": 56000, "typical_volume": 399662.8, "trend": 14.841667, "fair_value": 19.381731, "relative_strength": -30.589053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.879238, "energy": 28.393797, "activity_lines": [ 12.23, 12.138182, 12.087381, 13.178387 ] }, { "date": "2024-12-27", "close": 12.1, "volume": 54000, "typical_volume": 368312.8, "trend": 14.648333, "fair_value": 19.249038, "relative_strength": -33.234491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.85388, "energy": 23.016479, "activity_lines": [ 12.216667, 12.144545, 12.056667, 13.001505 ] }, { "date": "2025-01-03", "close": 12.3, "volume": 76000, "typical_volume": 206012.8, "trend": 14.441667, "fair_value": 19.11891, "relative_strength": -29.83135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.51168, "energy": 19.551086, "activity_lines": [ 12.256667, 12.169091, 12.072857, 12.85 ] }, { "date": "2025-01-10", "close": 12.0, "volume": 83000, "typical_volume": 152062.8, "trend": 14.241667, "fair_value": 18.986218, "relative_strength": -30.821608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.002086, "energy": 19.202991, "activity_lines": [ 12.166667, 12.146364, 12.068571, 12.692473 ] }, { "date": "2025-01-17", "close": 11.75, "volume": 68000, "typical_volume": 130362.8, "trend": 13.98, "fair_value": 18.853205, "relative_strength": -31.623093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.892327, "energy": 27.211443, "activity_lines": [ 12.016667, 12.08, 12.043333, 12.53172 ] }, { "date": "2025-01-24", "close": 11.8, "volume": 8000, "typical_volume": 122462.8, "trend": 13.685, "fair_value": 18.716667, "relative_strength": -31.519261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.925304, "energy": 28.507557, "activity_lines": [ 11.913333, 12.034545, 12.025714, 12.391075 ] }, { "date": "2025-02-07", "close": 11.9, "volume": 55042, "typical_volume": 121264.9, "trend": 13.395, "fair_value": 18.582372, "relative_strength": -29.810833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.283861, "energy": 31.7381, "activity_lines": [ 11.883333, 12.004545, 12.018333, 12.275914 ] }, { "date": "2025-02-14", "close": 11.4, "volume": 124282, "typical_volume": 122829.0, "trend": 13.06, "fair_value": 18.448397, "relative_strength": -30.786455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.247718, "energy": 38.115912, "activity_lines": [ 11.7, 11.883636, 11.963571, 12.147204 ] }, { "date": "2025-02-21", "close": 12.0, "volume": 58012, "typical_volume": 118729.6, "trend": 12.786667, "fair_value": 18.31891, "relative_strength": -28.018756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.056518, "energy": 29.99359, "activity_lines": [ 11.776667, 11.88, 11.966667, 12.078817 ] }, { "date": "2025-02-28", "close": 13.2, "volume": 177115, "typical_volume": 124735.35, "trend": 12.566667, "fair_value": 18.201282, "relative_strength": -17.401767, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.028093, "energy": 4.912407, "activity_lines": [ 12.253333, 12.100909, 12.083571, 12.105484 ] }, { "date": "2025-03-07", "close": 12.8, "volume": 205305, "typical_volume": 132350.6, "trend": 12.323333, "fair_value": 18.093269, "relative_strength": -17.105264, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.755931, "energy": 20.337135, "activity_lines": [ 12.5, 12.230909, 12.15619, 12.120538 ] }, { "date": "2025-03-14", "close": 13.8, "volume": 135370, "typical_volume": 130869.1, "trend": 12.185, "fair_value": 18.004167, "relative_strength": -7.342978, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.288421, "energy": 63.98234, "activity_lines": [ 13.013333, 12.535455, 12.318571, 12.215806 ] }, { "date": "2025-03-21", "close": 13.2, "volume": 283762, "typical_volume": 124207.2, "trend": 12.158333, "fair_value": 17.907051, "relative_strength": -11.530031, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.158813, "energy": 64.460406, "activity_lines": [ 13.2, 12.7, 12.410952, 12.28129 ] }, { "date": "2025-03-28", "close": 13.75, "volume": 72079, "typical_volume": 107861.15, "trend": 12.196667, "fair_value": 17.816346, "relative_strength": -4.57244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.635051, "energy": 71.791326, "activity_lines": [ 13.45, 12.948182, 12.553333, 12.383978 ] }, { "date": "2025-04-04", "close": 15.1, "volume": 360092, "typical_volume": 117365.75, "trend": 12.288333, "fair_value": 17.7375, "relative_strength": 6.867041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.774943, "energy": 83.110059, "activity_lines": [ 14.033333, 13.41, 12.816429, 12.57129 ] }, { "date": "2025-04-11", "close": 12.0, "volume": 520534, "typical_volume": 138592.45, "trend": 12.29, "fair_value": 17.634936, "relative_strength": -6.638567, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.641312, "energy": 33.590413, "activity_lines": [ 13.456667, 13.247273, 12.771429, 12.552688 ] }, { "date": "2025-04-18", "close": 12.25, "volume": 203072, "typical_volume": 143783.25, "trend": 12.3, "fair_value": 17.539744, "relative_strength": -3.38252, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.871344, "energy": 20.430586, "activity_lines": [ 13.016667, 13.126364, 12.748571, 12.550108 ] }, { "date": "2025-04-25", "close": 12.85, "volume": 884212, "typical_volume": 184793.85, "trend": 12.343333, "fair_value": 17.449038, "relative_strength": -0.354901, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.396726, "energy": 14.782788, "activity_lines": [ 12.88, 13.108182, 12.78119, 12.585591 ] }, { "date": "2025-05-02", "close": 12.35, "volume": 160026, "typical_volume": 185695.15, "trend": 12.358333, "fair_value": 17.34359, "relative_strength": -7.788886, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.911002, "energy": 19.228921, "activity_lines": [ 12.6, 12.972727, 12.761429, 12.586022 ] }, { "date": "2025-05-09", "close": 13.45, "volume": 722363, "typical_volume": 215313.3, "trend": 12.41, "fair_value": 17.247436, "relative_strength": 0.852873, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.608539, "energy": 17.330243, "activity_lines": [ 12.78, 13.030909, 12.846429, 12.656452 ] }, { "date": "2025-05-16", "close": 13.15, "volume": 277014, "typical_volume": 226364.0, "trend": 12.46, "fair_value": 17.15609, "relative_strength": -4.905401, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.506144, "energy": 13.474411, "activity_lines": [ 12.97, 13.03, 12.896905, 12.704194 ] }, { "date": "2025-05-23", "close": 13.0, "volume": 188100, "typical_volume": 233069.0, "trend": 12.523333, "fair_value": 17.067628, "relative_strength": -4.49888, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.023427, "energy": 17.159319, "activity_lines": [ 13.033333, 12.995455, 12.929524, 12.739032 ] }, { "date": "2025-05-30", "close": 13.0, "volume": 122000, "typical_volume": 235369.0, "trend": 12.533333, "fair_value": 16.978846, "relative_strength": -2.503063, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.248334, "energy": 20.454075, "activity_lines": [ 13.046667, 12.975455, 12.957857, 12.769785 ] }, { "date": "2025-06-06", "close": 12.9, "volume": 87114, "typical_volume": 235574.7, "trend": 12.56, "fair_value": 16.89359, "relative_strength": -3.913606, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.552939, "energy": 14.197465, "activity_lines": [ 13.016667, 12.940909, 12.973333, 12.793441 ] }, { "date": "2025-06-13", "close": 12.7, "volume": 126018, "typical_volume": 238475.6, "trend": 12.57, "fair_value": 16.809936, "relative_strength": -6.3831, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.457212, "energy": 7.443372, "activity_lines": [ 12.883333, 12.885455, 12.965476, 12.802473 ] }, { "date": "2025-06-20", "close": 12.5, "volume": 83001, "typical_volume": 242225.65, "trend": 12.598333, "fair_value": 16.724359, "relative_strength": -7.066615, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.448854, "energy": 7.128986, "activity_lines": [ 12.733333, 12.837273, 12.934048, 12.797957 ] }, { "date": "2025-06-27", "close": 11.9, "volume": 97543, "typical_volume": 244350.7, "trend": 12.598333, "fair_value": 16.642949, "relative_strength": -12.752388, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.911256, "energy": 19.577559, "activity_lines": [ 12.426667, 12.670909, 12.842143, 12.752903 ] }, { "date": "2025-07-04", "close": 11.7, "volume": 48071, "typical_volume": 240540.15, "trend": 12.593333, "fair_value": 16.565385, "relative_strength": -13.049324, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.328453, "energy": 33.778798, "activity_lines": [ 12.126667, 12.474545, 12.73119, 12.694946 ] }, { "date": "2025-07-11", "close": 12.1, "volume": 105082, "typical_volume": 242893.65, "trend": 12.585, "fair_value": 16.491026, "relative_strength": -9.886108, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.521761, "energy": 40.34564, "activity_lines": [ 12.046667, 12.371818, 12.656905, 12.663118 ] }, { "date": "2025-07-18", "close": 12.9, "volume": 183602, "typical_volume": 243218.0, "trend": 12.608333, "fair_value": 16.426282, "relative_strength": -5.46193, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.140799, "energy": 25.335106, "activity_lines": [ 12.286667, 12.419091, 12.658333, 12.683441 ] }, { "date": "2025-07-25", "close": 12.7, "volume": 88001, "typical_volume": 237352.8, "trend": 12.618333, "fair_value": 16.365705, "relative_strength": -5.798328, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.367678, "energy": 7.620226, "activity_lines": [ 12.446667, 12.44, 12.642143, 12.689355 ] }, { "date": "2025-08-01", "close": 12.35, "volume": 56417, "typical_volume": 233405.15, "trend": 12.626667, "fair_value": 16.302564, "relative_strength": -7.533554, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.461147, "energy": 5.03136, "activity_lines": [ 12.476667, 12.405455, 12.593095, 12.672043 ] }, { "date": "2025-08-08", "close": 12.4, "volume": 29000, "typical_volume": 220667.05, "trend": 12.63, "fair_value": 16.236859, "relative_strength": -8.148371, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.882341, "energy": 6.574271, "activity_lines": [ 12.493333, 12.391818, 12.555714, 12.657419 ] }, { "date": "2025-08-15", "close": 12.7, "volume": 88100, "typical_volume": 221468.1, "trend": 12.653333, "fair_value": 16.176923, "relative_strength": -6.127781, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.314905, "energy": 4.604495, "activity_lines": [ 12.563333, 12.443636, 12.550714, 12.661935 ] }, { "date": "2025-08-22", "close": 13.1, "volume": 163008, "typical_volume": 211613.9, "trend": 12.698333, "fair_value": 16.120513, "relative_strength": -0.590167, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.901502, "energy": 7.188758, "activity_lines": [ 12.726667, 12.571818, 12.58881, 12.690753 ] }, { "date": "2025-08-29", "close": 13.2, "volume": 92203, "typical_volume": 190197.35, "trend": 12.745, "fair_value": 16.065064, "relative_strength": -1.686814, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.392217, "energy": 19.137564, "activity_lines": [ 12.91, 12.710909, 12.645952, 12.723118 ] }, { "date": "2025-09-05", "close": 12.85, "volume": 71008, "typical_volume": 183594.15, "trend": 12.776667, "fair_value": 16.001282, "relative_strength": -5.216579, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.21996, "energy": 15.983516, "activity_lines": [ 12.943333, 12.773636, 12.664048, 12.729892 ] }, { "date": "2025-09-12", "close": 12.75, "volume": 79157, "typical_volume": 143341.4, "trend": 12.821667, "fair_value": 15.926923, "relative_strength": -9.392889, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.219976, "energy": 16.089565, "activity_lines": [ 12.91, 12.800909, 12.669762, 12.728172 ] }, { "date": "2025-09-19", "close": 12.7, "volume": 110017, "typical_volume": 140840.95, "trend": 12.845, "fair_value": 15.8625, "relative_strength": -9.949093, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.310587, "energy": 10.165019, "activity_lines": [ 12.836667, 12.8, 12.67119, 12.720323 ] }, { "date": "2025-09-26", "close": 12.45, "volume": 55028, "typical_volume": 107474.2, "trend": 12.82, "fair_value": 15.796795, "relative_strength": -11.622073, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.826041, "energy": 14.403909, "activity_lines": [ 12.68, 12.742727, 12.647143, 12.694839 ] }, { "date": "2025-10-03", "close": 12.75, "volume": 90000, "typical_volume": 98123.5, "trend": 12.818333, "fair_value": 15.740064, "relative_strength": -13.349746, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.432745, "energy": 13.621883, "activity_lines": [ 12.666667, 12.748182, 12.656429, 12.690323 ] }, { "date": "2025-10-10", "close": 12.75, "volume": 6000, "typical_volume": 89018.5, "trend": 12.783333, "fair_value": 15.686538, "relative_strength": -14.86811, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.579064, "energy": 14.126742, "activity_lines": [ 12.683333, 12.752727, 12.667619, 12.685914 ] }, { "date": "2025-10-17", "close": 12.35, "volume": 106207, "typical_volume": 88228.85, "trend": 12.755, "fair_value": 15.633333, "relative_strength": -17.377038, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.787309, "energy": 20.823526, "activity_lines": [ 12.573333, 12.677273, 12.641905, 12.657957 ] }, { "date": "2025-10-24", "close": 11.75, "volume": 142110, "typical_volume": 90978.65, "trend": 12.688333, "fair_value": 15.580449, "relative_strength": -21.921805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.141495, "energy": 49.640425, "activity_lines": [ 12.29, 12.493636, 12.562143, 12.593118 ] }, { "date": "2025-10-31", "close": 11.7, "volume": 79000, "typical_volume": 88627.75, "trend": 12.575, "fair_value": 15.530769, "relative_strength": -23.837549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.301193, "energy": 64.683515, "activity_lines": [ 12.053333, 12.318182, 12.483095, 12.529355 ] }, { "date": "2025-11-07", "close": 11.9, "volume": 87000, "typical_volume": 88827.7, "trend": 12.571667, "fair_value": 15.482051, "relative_strength": -20.622528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.531094, "energy": 65.632385, "activity_lines": [ 11.933333, 12.204545, 12.427857, 12.485806 ] }, { "date": "2025-11-14", "close": 11.75, "volume": 68001, "typical_volume": 87350.6, "trend": 12.555, "fair_value": 15.433654, "relative_strength": -20.62197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.014554, "energy": 71.74968, "activity_lines": [ 11.82, 12.087273, 12.36119, 12.432796 ] }, { "date": "2025-11-21", "close": 11.4, "volume": 69050, "typical_volume": 88399.55, "trend": 12.506667, "fair_value": 15.390064, "relative_strength": -19.951375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.945204, "energy": 75.821052, "activity_lines": [ 11.656667, 11.926364, 12.261905, 12.35828 ] }, { "date": "2025-11-28", "close": 11.6, "volume": 39000, "typical_volume": 85095.45, "trend": 12.481667, "fair_value": 15.349038, "relative_strength": -21.781836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.235211, "energy": 66.756329, "activity_lines": [ 11.623333, 11.826364, 12.183095, 12.299785 ] }, { "date": "2025-12-05", "close": 12.0, "volume": 49019, "typical_volume": 78366.3, "trend": 12.433333, "fair_value": 15.312179, "relative_strength": -19.812453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.030054, "energy": 52.017422, "activity_lines": [ 11.733333, 11.819091, 12.144762, 12.26871 ] }, { "date": "2025-12-12", "close": 11.9, "volume": 15001, "typical_volume": 74716.3, "trend": 12.391667, "fair_value": 15.267308, "relative_strength": -20.778321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.749242, "energy": 40.226708, "activity_lines": [ 11.79, 11.801818, 12.10119, 12.234301 ] }, { "date": "2025-12-19", "close": 12.75, "volume": 120357, "typical_volume": 77913.3, "trend": 12.383333, "fair_value": 15.229808, "relative_strength": -13.364452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.425582, "energy": 14.054414, "activity_lines": [ 12.13, 11.954545, 12.142381, 12.257419 ] }, { "date": "2025-12-26", "close": 12.65, "volume": 96307, "typical_volume": 81278.65, "trend": 12.371667, "fair_value": 15.190705, "relative_strength": -16.304879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.852985, "energy": 20.206684, "activity_lines": [ 12.37, 12.089091, 12.172143, 12.274624 ] }, { "date": "2026-01-02", "close": 12.55, "volume": 71000, "typical_volume": 80423.65, "trend": 12.36, "fair_value": 15.152564, "relative_strength": -18.940508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 15.644576, "energy": 24.890627, "activity_lines": [ 12.493333, 12.2, 12.19119, 12.286129 ] }, { "date": "2026-01-09", "close": 12.1, "volume": 171907, "typical_volume": 80868.6, "trend": 12.34, "fair_value": 15.117308, "relative_strength": -23.88892, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 8.496166, "energy": 18.473581, "activity_lines": [ 12.403333, 12.214545, 12.168095, 12.269355 ] }, { "date": "2026-01-16", "close": 12.15, "volume": 106711, "typical_volume": 81594.0, "trend": 12.328333, "fair_value": 15.079487, "relative_strength": -25.933667, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -12.02439, "energy": 12.349717, "activity_lines": [ 12.323333, 12.230909, 12.154524, 12.257097 ] }, { "date": "2026-01-23", "close": 13.2, "volume": 288008, "typical_volume": 92444.0, "trend": 12.371667, "fair_value": 15.053526, "relative_strength": -20.648228, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.702664, "energy": 22.239195, "activity_lines": [ 12.576667, 12.433636, 12.245952, 12.313333 ] }, { "date": "2026-01-30", "close": 12.9, "volume": 1348065, "typical_volume": 155889.4, "trend": 12.411667, "fair_value": 15.030769, "relative_strength": -22.414395, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.607808, "energy": 17.9499, "activity_lines": [ 12.7, 12.555455, 12.307143, 12.347419 ] }, { "date": "2026-02-06", "close": 12.55, "volume": 208005, "typical_volume": 160788.8, "trend": 12.426667, "fair_value": 15.001282, "relative_strength": -23.534933, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.471333, "energy": 19.407708, "activity_lines": [ 12.69, 12.586364, 12.334286, 12.356344 ] }, { "date": "2026-02-13", "close": 12.5, "volume": 99051, "typical_volume": 162989.95, "trend": 12.413333, "fair_value": 14.972756, "relative_strength": -27.646076, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.769407, "energy": 19.675667, "activity_lines": [ 12.663333, 12.590909, 12.357381, 12.361075 ] }, { "date": "2026-02-27", "close": 13.9, "volume": 630446, "typical_volume": 190012.25, "trend": 12.453333, "fair_value": 14.951923, "relative_strength": -23.327122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.145967, "energy": 50.116752, "activity_lines": [ 13.076667, 12.840909, 12.513571, 12.456989 ] }, { "date": "2026-03-06", "close": 13.0, "volume": 286051, "typical_volume": 204014.8, "trend": 12.475, "fair_value": 14.924679, "relative_strength": -23.887156, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.565566, "energy": 35.968748, "activity_lines": [ 13.073333, 12.890909, 12.578571, 12.492258 ] }, { "date": "2026-03-13", "close": 13.5, "volume": 223002, "typical_volume": 209854.55, "trend": 12.511667, "fair_value": 14.898397, "relative_strength": -19.995611, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.696883, "energy": 45.7603, "activity_lines": [ 13.25, 13.027273, 12.69, 12.558387 ] }, { "date": "2026-03-20", "close": 14.0, "volume": 226018, "typical_volume": 214049.95, "trend": 12.555, "fair_value": 14.866987, "relative_strength": -16.71924, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.387064, "energy": 59.335278, "activity_lines": [ 13.553333, 13.239091, 12.843571, 12.654409 ] }, { "date": "2026-03-27", "close": 13.7, "volume": 194001, "typical_volume": 219800.0, "trend": 12.575, "fair_value": 14.840064, "relative_strength": -16.866179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.63132, "energy": 48.088218, "activity_lines": [ 13.66, 13.37, 12.957857, 12.72828 ] }, { "date": "2026-04-03", "close": 13.5, "volume": 184020, "typical_volume": 224651.0, "trend": 12.585, "fair_value": 14.811859, "relative_strength": -16.00064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.221173, "energy": 47.090919, "activity_lines": [ 13.62, 13.435455, 13.043571, 12.787957 ] }, { "date": "2026-04-10", "close": 13.6, "volume": 147104, "typical_volume": 228606.15, "trend": 12.61, "fair_value": 14.783333, "relative_strength": -21.178347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.983846, "energy": 41.23387, "activity_lines": [ 13.64, 13.494545, 13.13119, 12.853441 ] }, { "date": "2026-04-17", "close": 13.25, "volume": 243377, "typical_volume": 237322.5, "trend": 12.626667, "fair_value": 14.754487, "relative_strength": -25.349967, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.338323, "energy": 28.903846, "activity_lines": [ 13.503333, 13.482727, 13.176667, 12.894731 ] }, { "date": "2026-04-24", "close": 13.95, "volume": 201910, "typical_volume": 245468.0, "trend": 12.668333, "fair_value": 14.734615, "relative_strength": -24.883558, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.057285, "energy": 31.418233, "activity_lines": [ 13.616667, 13.591818, 13.28, 12.980108 ] }, { "date": "2026-05-01", "close": 13.55, "volume": 123389, "typical_volume": 249186.5, "trend": 12.705, "fair_value": 14.708974, "relative_strength": -26.137683, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.257247, "energy": 24.167697, "activity_lines": [ 13.6, 13.602727, 13.334048, 13.036989 ] }, { "date": "2026-05-08", "close": 13.65, "volume": 331077, "typical_volume": 264990.3, "trend": 12.735, "fair_value": 14.683333, "relative_strength": -29.616871, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.556351, "energy": 27.154165, "activity_lines": [ 13.626667, 13.612727, 13.390238, 13.097957 ] }, { "date": "2026-05-15", "close": 16.5, "volume": 1667168, "typical_volume": 342330.85, "trend": 12.86, "fair_value": 14.677885, "relative_strength": -13.161562, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 83.111238, "energy": 67.906715, "activity_lines": [ 14.593333, 14.145455, 13.709524, 13.34086 ] }, { "date": "2026-05-22", "close": 15.65, "volume": 395006, "typical_volume": 357265.8, "trend": 12.97, "fair_value": 14.671795, "relative_strength": -18.987659, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.427572, "energy": 70.998574, "activity_lines": [ 15.083333, 14.46, 13.93, 13.52086 ] }, { "date": "2026-05-29", "close": 19.799999, "volume": 1767079, "typical_volume": 442069.75, "trend": 13.238333, "fair_value": 14.689744, "relative_strength": -2.505828, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.722475, "energy": 89.015942, "activity_lines": [ 16.796666, 15.49, 14.531428, 13.961505 ] }, { "date": "2026-06-05", "close": 19.4, "volume": 719097, "typical_volume": 469429.25, "trend": 13.495, "fair_value": 14.70641, "relative_strength": -4.46929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.739341, "energy": 91.782164, "activity_lines": [ 17.986666, 16.341818, 15.060238, 14.359032 ] }, { "date": "2026-06-12", "close": 16.799999, "volume": 378100, "typical_volume": 482998.7, "trend": 13.658333, "fair_value": 14.701923, "relative_strength": -14.800611, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.408646, "energy": 80.563978, "activity_lines": [ 17.919999, 16.617272, 15.306666, 14.572258 ] }, { "date": "2026-06-19", "close": 17.200001, "volume": 168007, "typical_volume": 476998.65, "trend": 13.84, "fair_value": 14.701923, "relative_strength": -16.343114, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.594066, "energy": 72.615987, "activity_lines": [ 17.776667, 16.905454, 15.569048, 14.800753 ] }, { "date": "2026-06-26", "close": 16.0, "volume": 293308, "typical_volume": 424260.8, "trend": 13.993333, "fair_value": 14.69359, "relative_strength": -18.133615, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.739066, "energy": 43.53394, "activity_lines": [ 17.186667, 16.91, 15.698095, 14.940107 ] }, { "date": "2026-07-03", "close": 16.1, "volume": 208152, "typical_volume": 424268.15, "trend": 14.143333, "fair_value": 14.686538, "relative_strength": -20.877104, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.303814, "energy": 24.337173, "activity_lines": [ 16.606667, 16.882727, 15.821905, 15.076021 ] }, { "date": "2026-07-10", "close": 16.15, "volume": 166020, "typical_volume": 427616.6, "trend": 14.281667, "fair_value": 14.68109, "relative_strength": -17.542338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.727976, "energy": 19.982105, "activity_lines": [ 16.29, 16.825454, 15.933571, 15.205484 ] }, { "date": "2026-07-17", "close": 15.0, "volume": 264001, "typical_volume": 409294.35, "trend": 14.385, "fair_value": 14.66859, "relative_strength": -17.938942, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.876033, "energy": 19.375106, "activity_lines": [ 15.806667, 16.511818, 15.918333, 15.251828 ] }, { "date": "2026-07-24", "close": 15.75, "volume": 83001, "typical_volume": 399141.85, "trend": 14.485, "fair_value": 14.666026, "relative_strength": -15.049205, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.174315, "energy": 18.106857, "activity_lines": [ 15.693333, 16.31, 15.969286, 15.339892 ] }, { "date": "2026-07-31", "close": 15.9, "volume": 184060, "typical_volume": 397194.75, "trend": 14.593333, "fair_value": 14.665705, "relative_strength": -12.483129, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.660502, "energy": 15.565943, "activity_lines": [ 15.726667, 16.149091, 16.021429, 15.431183 ] }, { "date": "2026-08-07", "close": 15.65, "volume": 97399, "typical_volume": 390763.8, "trend": 14.696667, "fair_value": 14.663462, "relative_strength": -15.344716, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.212521, "energy": 11.23612, "activity_lines": [ 15.683333, 15.938182, 16.038333, 15.499355 ] }, { "date": "2026-08-14", "close": 15.95, "volume": 145176, "typical_volume": 388322.55, "trend": 14.825, "fair_value": 14.666987, "relative_strength": -16.05829, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.13702, "energy": 8.762504, "activity_lines": [ 15.77, 15.857273, 16.075952, 15.580215 ] } ], "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." } } }